BITCOIN ANALYSIS – UPDATE THE PLAN

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io We STUCK TO THE PLAN! Now let’s take a look at what is next and lets UPDATE THE PLAN. Check out my live content on Sundays and Wednesdays at 8:30pm CST on Twitch —==========================================— ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Staked Ether Discount After Terra Collapse a Sign of Liquidity Crunch in Crypto

Data shows that staked ether and ether traded at parity up until May 7, when Terra’s stablecoin, UST, started to wobble from its $1 peg. Since then, stETH has been unable to recover to the full ETH price. On May 12, when UST dropped to 7 cents, stETH-ETH exchange ratio fell to as low as 0.955, and ever since then, staked ether has traded at a discount of 2-3%. Original Source CollapseCrunchCryptodiscountEtherLiquiditySignStakedTerra CryptoX Portal

Bitcoin Jumps Above $31K; Ether Gas Fees Drop

The problem is, they aren’t getting back into the market: Gas is low, UniSwap is (comparatively) idle, and the price of ether continues to trend downward. Ether’s price is recovering, but demand is weak because there aren’t as many active traders at the moment. Source

Cryptocurrency Introducing | Bitcoin investment | Crypto Trading

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Introducing | Bitcoin investment | Crypto Trading Bitcoin Trading || Today Crypto Market Mood || Crypto currency, Bitcoin, Stellar, Tron, Ripple, Ether, Litecoin, USDT, SUBSCRIBE || LIKE || SHARE || COMMENT Crypto currency is a digital payment system that doesn’t rely on banks to verify transactions. … When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. You store your cryptocurrency in a digital wallet. #Market_Mood_Vlogs Crypto currency, Bitcoin, Stellar, Tron, Ripple, Ether, Litecoin, USDT, 1INCH Market analysis, Bazar News,…

Ether Accounts for About Half of $520M Liquidations Amid Weak On-Chain Data

In the past 24 hours, Bitcoin (BTC) and Ethereum (ETH) have lost key levels of support due to weakening sentiment for the crypto market at large. As of such, over $520 million of cryptocurrency has been liquidated. This comes in tandem with a massive bearish run that saw traders of ETH futures experience liquidations nearly double those of BTC, in an unusual market trend. This data was shown in a recent liquidation data from Coinglass. ETH-tracked futures lost more than $236 million, nearly twice the $125 million lost on bitcoin futures.…

CFTC Chairman Confirms Bitcoin, Ether Are Commodities – Regulation Bitcoin News

The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.” Bitcoin and Ether Are Commodities ‘For Sure’ CFTC Chairman Rostin Behnam discussed the regulation of cryptocurrencies by the CFTC and the SEC in an interview with CNBC last week. The chairman was asked to comment on a bill…

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge – Technology Bitcoin News

According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says The Merge Could Happen in August Approximately 288 days ago, Ethereum developers implemented EIP 1559, a ruleset upgrade that basically changed the algorithm tied to the base fee per gas in the protocol and the…