Ether Archives

Bitcoin BTC Price Is Flat, Ether ETH Price in the Red as a Long Weekend Begins.

April 7, 2023

Dogecoin is apparently spiking because people believe that Elon Musk could soon integrate a permanent dogecoin payment system on Twitter, the microblogging platform he overpaid for ($43 billion). Twitter has several million daily active users, many of them high-profile, and if even just a small percentage begin transacting in DOGE – as a joke or not – it’s not completely irrational to speculate on that translating into a higher price. Mind you, Twitter already has payment/tipping features using the U.S. dollar and the Bitcoin Lightning network. The latter is rarely…

Ether Holds Near $1.9K as Shanghai Fork Approaches

April 6, 2023

CryptoX – Cryptocurrency Analysis and News Portal ETH’s price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12. Source The post Ether Holds Near $1.9K as Shanghai Fork Approaches appeared first on CryptoX. CryptoX Portal

Lido Stakers Can Expect Ether Withdrawals 'No Sooner Than Early May'

April 6, 2023

Lido needs to prepare the launch of its V2 testnet and finalize for the completion of several ongoing security audits of its V2 upgrade, before enabling withdrawals. Source

Lido Stakers Can Expect Ether Withdrawals ‘No Sooner Than Early May’

April 6, 2023

CryptoX – Cryptocurrency Analysis and News Portal Lido is the largest decentralized finance protocol with $11.2 billion in total value locked, according to crypto stats website DefiLlama. The price of LDO, Lido’s governance token, currently sits at $2.50, down 6% in the past 24 hours, per CoinGecko. Original Source The post Lido Stakers Can Expect Ether Withdrawals ‘No Sooner Than Early May’ appeared first on CryptoX. CryptoX Portal

High Ether Yields Drive $50M to DeFi Protocol Pendle Finance

April 6, 2023

Pendle uses a dual-token model that breaks up and represents any investment into a decentralized finance (DeFi) protocol, such as Compound or Aave, into two parts: one, the initial principle put up by an investor, and two, the future yield expected to be earned on that position in the form of token rewards. Source

Ether Circles Above $1.9K as Shanghai Hard Fork Nears

April 5, 2023

Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000. Source

First Mover Americas: Ether Rising Ahead of Upgrade

April 5, 2023

The latest price moves in bitcoin (BTC) and crypto markets in context for April 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source

Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K

April 5, 2023 boss

Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: BTC price push still “bear market rally” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp. The pair continued a rebound from one-week lows under $27,300 seen at the start of the week courtesy of rumors around biggest exchange Binance and its CEO, Changpeng Zhao (known as CZ). After reclaiming $28,000, Bitcoin saw fresh momentum as Binance order book…

Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers

April 5, 2023

The 1 million instantly withdrawable ether has become a point of concern for the market. Source

Ether Breaking Out Ahead of Ethereum’s Shanghai Upgrade: Bernstein

April 5, 2023

However, as the upgrade approaches there will be an “increased realization” that nearly 70% of staked ether is via liquid staking protocols such as Lido and they allowed investors to sell their stETH regardless, “so liquidity for 70% of staked ETH is now new, they could do it anyway,” the note said. Original Source AheadBernsteinBREAKINGEtherEthereumsShanghaiupgrade CryptoX Portal