Tag: ETH

Why TRX Could Outperform BTC and ETH

Tron price is up over 5% and showing positive signs above $0.055 against the US Dollar. TRX could outperform bitcoin and rise further towards $0.060. Tron price is trading in a positive zone well above the $0.0520 pivot level against the US dollar. The price is showing positive signs above $0.055 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0530 on the 4-hours chart of the TRX/USD pair (data source from Kraken). The pair is likely to start a fresh…

BTC, ETH Remain Higher Ahead of Fed Rate Decision – Market Updates Bitcoin News

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Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many expect the Federal Reserve to increase interest rates by 50 basis points. Ethereum was also higher today, and stayed close to a five-week high. Bitcoin Bitcoin (BTC) was trading close to the $18,000 level on Wednesday, as markets remained higher following the latest U.S. inflation report. Following a low of $17,412.19 on Tuesday, BTC/USD surged to a peak of $17,930.09…

Crypto Analysts Are Keeping an Eye on ETH, Cosmos, and Tora Inu

Place/Date: – December 14th, 2022 at 11:00 am UTC · 4 min read Source: Tora Inu Photo: Tora Inu The asset currently matches the bearish trend that rules the rest of the market since ETH’s price has lost its appeal in the post-Merge environment. The price of ETH has dropped 30% from its $2,000 high since the Merge, and it’s possible that a sizable portion of the speculative capital that supported the optimistic Merge narrative is now in stable coins seeking the next investment opportunity. In addition to ETH’s uneven…

BTC Rallies to 1-Month High, as ETH Nears $1,300  – Market Updates Bitcoin News

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Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared the $1,300 mark. Bitcoin Bitcoin (BTC) rallied to a one-month high on Tuesday, as markets began to price in a fall in consumer prices in the United States. Following a low of $16,966.59 to start the week, BTC/USD…

Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

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Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell. The consumer price index (CPI) data on Dec. 13 and the outcome of the Federal Reserve meeting on Dec. 14 could influence the United States stock markets and the cryptocurrency markets in the near term. Traders are likely to play it safe and not take large directional bets until the CPI print because any nasty surprise could produce a sharp knee-jerk…

BTC, ETH Move Lower Ahead of US Inflation Data – Market Updates Bitcoin News

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Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the Federal Reserve pivoting from its aggressive rate hike policy. Ethereum was also lower, and is trading below $1,250 as of writing. Bitcoin Bitcoin (BTC) started the week in the red, as traders prepared for a big week of economic announcements from the United States. Inflation figures will be released…

Major NFTs See Sales Surge While ETH Remains Unchanged amid Crypto Winter

Several major NFTs saw a surge in sales and transaction volumes yesterday, with at least one climbing over 1000%.  Sales and transactions of major NFTs (non-fungible tokens) hit a surge yesterday, December 11th, even though Ether (ETH) price remained largely unaffected. This recent rally in NFTs comes amid dwindling prices of digital assets due to the ongoing crypto winter. Azuki, CryptoPunks among Major NFTs that Saw Sales Surge The trading volumes of some choice NFT projects, such as Azuki and BEANZ, rallied to fresh heights over the last 24 hours. For…

Ethereum Price Faces Rejection, Why ETH Holders Are Still Safe

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Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break below a key contracting triangle with support at $1,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching a major support at $1,240 and $1,220. Ethereum Price Remains Supported Ethereum price…

Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’ – Technology Bitcoin News

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According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It’s been suggested that the Shanghai hard fork will be able to manage the network’s staked ethereum withdrawals. Ethereum Devs Aim for Hard Fork Target ‘Around March-ish’ On Dec. 8, 2022, Ethereum Core developers convened for the 151st developers meeting, and a number of subjects were discussed including Ethereum’s next hard fork. Ethereum’s last major hard fork was The Merge, a significant change…

Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events. The United States equities markets are headed for a down week as market participants remain cautious ahead of next week’s key consumer price index data for November. The CPI report will be followed by the Federal Reserve’s Federal Open Market Committee meeting on Dec. 13-14 where the central bank is expected to hike rates by 50 basis points, according to the FedWatch Tool. The outcome of the events next week…