Tag: Ether

Small Cap Altcoins Continue To March Ahead Of Bitcoin And Ether Gains

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Small cap altcoins have been one of the best performers in recent times. Even through the downtrend, these low market cap cryptocurrencies have returned better gains compared to their bigger counterparts like Bitcoin and Ethereum. They have carried this performance into another week as small cap altcoins show their profitability once more by being ahead while the rest of the market suffers. Small Cap Altcoins Stays In The Lead The previous week, small cap altcoins had been the only index returning profits while all others have been drowning in losses.…

With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

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The largest cryptocurrency by market cap was recently holding above $42,400, roughly where it perched 24 hours ago. Ether, the second-largest crypto by market cap, was about as flat over the same period. Cardano’s ADA and Axie Infinity’s AXS were the stars of the day, each rising about 10%, respectively. Popular meme coins DOGE and SHIB were solidly in the green, as was SAND. Original

Ether Breaches $3,000 For The First Time In Two Weeks

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Ether (ETH) appears to be reviving, as cryptocurrency expert Willy Woo recently tweeted that the cryptocurrency is positioning itself to “break upwards out of a very long term, 3.5-month bearish trend line.” Ether, the world’s second largest cryptocurrency in terms of market capitalization, crossed the $3,000 threshold for the first time since March 8. With the exception of a brief rise above $3,000 earlier this month and Tuesday’s significant upward move, the token that powers Ethereum’s blockchain has spent the majority of the month trading between the $2,400 to $2,800…

Ether Tops $3K For First Time in 2 Weeks

There was a significant uptick in ETH exchange outflows on Friday, with over 180,000 withdrawn, according to data from IntoTheBlock, a crypto data firm. “The last time such a magnitude of ETH left exchanges was in October 2021, which preceded a 15% price increase within 10 days,” the firm tweeted. Source

Ether bulls eye resistance at $3K as the network prepares to undergo ‘The Merge’

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A new week in the cryptocurrency market has brought more of the same sideways price action that the wider ecosystem has experienced in recent months, as Bitcoin (BTC) continues to hold support near $41,000 while some analysts warn that high inflation and rising interest rates could see the top cryptocurrency fall to $30,000.  On the altcoin front, Ether (ETH) appears to be showing some signs of life as noted by cryptocurrency analyst Willy Woo, who recently tweeted that “Ether [is] setting up to break upwards out of a very long term,…

Traders Bet on Ether Staking After Eth 2.0 Upgrade

“After the merge comes sharding, through which scaling is facilitated,” Laurent Kssis, a crypto exchange-traded fund (ETF) expert and director of CEC Capital, said. “Will it signal that Ethereum’s status as the dominant web3 blockchain is truly deserved and sustainable? The gas fee will not be instantly resolved, in my opinion, as interest could surge and hence gas fee too, but it will be exciting to watch first move advantage and ability to attract developers, there would be less reason for crypto projects to opt for any of Ethereum’s rivals.”…