Tag: ETH

Binance to suspend ETH and ERC-20 deposits and withdrawals during Merge

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Cryptocurrency exchange Binance will suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens during the blockchain’s transition to its proof-of-stake (PoS) Beacon chain in September. The world’s largest exchange by transaction volume announced the move in a bid to provide stability during โ€˜The Mergeโ€™ which is touted to take place in mid-September 2022. Binance becomes the second major exchange to announce the suspension of ETH deposits and withdrawals, following Coinbase earlier in August 2022. According to an announcement from Binance, the exchange is timing suspensions with two important upgrades…

Bitcoin: The Beauty of Mathematics (Part 26)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Time for an update on our #Bitcoin: The Beauty of Mathematics series, which is actually an analysis on the total #cryptocurrency market capitalization by comparing it to our fair value logarithmic regression trend line. No model will tell us exactly when/where the entire asset class will peak, but hopefully it gives us some insight into what is realistically possible. Where do you think the price of #Bitcoin is headed? Let me know in the comments! Into The Cryptoverse Premium: LIFETIME OPTION: Alternative…

These Bitcoin Charts SCARE ME โ€“ An HONEST Hot Take

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ETH Back Above $1,700 as โ€œMergeโ€ Date Confirmed โ€“ Market Updates Bitcoin News

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Ethereum was back above $1,700 in Thursdayโ€™s session, as the date for the long-awaited โ€œMergeโ€ was finally confirmed. A blog post from the Ethereum Foundation stated that the event will begin on September 6, and be completed between September 10 and 20. Bitcoin also moved marginally higher, as it continued to approach $22,000. Bitcoin Bitcoin (BTC) rose higher on Thursday, as the token continued to rebound following a recent bearish streak. The worldโ€™s largest cryptocurrency surged to a high of $21,789.64 today, breaking out of a key resistance level in…

ETH whales move holdings onto exchanges before Merge

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Ethereum blockchain is slated for one of the biggest updates since its inception, as it will transition to a proof-of-stake (PoS) mining consensus from its current proof-of-work (PoW) one.ย  The Merge date is scheduled for Sept. 15, after the successful Goerli test net integrationย โ€” the final test net merger before the actual transition. Ether (ETH), the native token, was on a bullish surge after the announcement of the Merge date in July with the ETH price rising to a new six-month high of over $2,000 but failed to consolidate the…

Ethereum ETH Back On Track Race, Will ETH Reclaim $2,000 again?

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Ethereum ETH price regained its bullish trend against Tether (USDT) as it builds more strength to break above the key resistance ahead of โ€œThe Merge.โ€ ETH price saw a rejection to a region of $1,500 recently as it could not hold its bullish trendline acting as support. (Data from Binance) Ethereum ETH Price Analysis On The Weekly Chart Weekly ETH Price Chart | Source: ETHUSDT On Tradingview.com From the chart, the price of ETH saw its price rejected to a region of $1,540 on the weekly chart as the price…

M&M’S jump into BAYC mania, a Pudgy Penguin sells for 400 ETH and moreโ€ฆ

Global confectionery giant Mars has teamed up with virtual metaverse band KINGSHIP to create limited edition boxes of M&Mโ€™S featuring content from the Bored Ape Yacht Club (BAYC). KINGSHIP is a group made up of three BAYC NFT hodlers and one Mutant Ape Yacht Club MAYC owner. As part of the deal, the avatars depicted in the NFT art will be printed on the chocolate candies in a select number of boxes. There has been a total of 4,000 boxes created in total, split between two tiers of rarity. The…

Raoul Pal – This Is Going to Blow Up Ethereum To Another Level!

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Coinbase introduces wrapped staked ETH asset ahead of the Merge

Coinbase has launched a new asset in which Ether tokens are staked and wrapped through the crypto exchange. In a Wednesday announcement, Coinbase said it will be listing Coinbase Wrapped Staked ETH (cbETH) on the Ethereum network as an ERC-20 token, allowing customers to use their staked Ether (ETH) while earning rewards on the exchange. According to its website, users can withdraw the tokens to Coinbase, stake them, and then wrap the ETH2 into cbETH, with the new wrapped staked token balance visible on their accounts. The tokens are expected…

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Bitcoin (BTC) and several major cryptocurrencies have been trading sideways as traders avoid taking large bets before the United States Federal Reserveโ€™s Jackson Hole Economic Symposium, which begins on Aug. 25. The volatility is likely to soar as investors get some clarity on the Fedโ€™s stance in the next few days. On Aug. 23, a team led by Goldman Sachs chief economist Jan Hatzius saidย that Fed chair Jerome Powell could sound dovish when he speaks on Aug. 26, reiterating that the central bank may move at a slower pace in…