Tag: Ethereum

21.co integrates Chainlink’s proof of reserve on Solana and Ethereum

21.co, the parent company of crypto exchange-traded products issuer 21Shares, has integrated the Chainlink Proof-of-Reserve to enhance the transparency of its wrapped Bitcoin. According to a press release on Sept. 23, 21.co will leverage Chainlink (LINK)’s proof of reserves service on the Solana (SOL) and Ethereum (ETH) mainnets. The integration aims at increasing the reserves transparency for 21.co’s wrapped Bitcoin dubbed 21BTC. 21.co eyes on-chain reserves transparency for its 21BTC 21BTC launched on Solana in May 2024 and on Ethereum in early September 2024. The token is backed 1:1 by…

Ethereum Price Breaks $2,600: Is More Upside Ahead?

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Este artículo también está disponible en español. Ethereum price started a fresh upward move above the $2,500 resistance. ETH is now gaining pace above $2,600 and might continue to rise. Ethereum started another increase from the $2,400 resistance. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,650 resistance to continue higher in the near term. Ethereum Price Climbs Over…

Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: What’s Next For Ethereum?

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Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…

Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

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Este artículo también está disponible en español. According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin (BTC) and altcoins like Solana (SOL) and Tron (TRX) have witnessed considerable price gains, ETH is still trading at its January 2024 price levels. Notably, the second largest digital asset by market cap has tumbled 48%…

Experts Warning Of Bitcoin Resistance Ahead Of Fed Decision, Ethereum Remains Range Bound, GoodEgg Joins 13,000% Rally Club

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Este artículo también está disponible en español. As the cryptocurrency market braces for the next Federal Reserve decision, Bitcoin (BTC) and Ethereum (ETH) are facing critical moments. While both assets remain market leaders, recent developments have shown signs of potential resistance and consolidation. Amidst this, GoodEgg (GEGG) has emerged as a rising star, joining the exclusive club of cryptocurrencies boasting a 13,000% rally during its presale. Bitcoin’s Resistance Level Ahead of Fed Decision Bitcoin (BTC) has been on a rollercoaster ride in recent weeks. Following a dip below $60,000, BTC…

Ethereum Price Reaches $2,500 Again: Will The Uptrend Hold?

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Este artículo también está disponible en español. Ethereum price started a fresh upward move above the $2,420 resistance. ETH traded close to $2,500 and is now consolidating gains. Ethereum started another increase from the $2,320 resistance. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,480 resistance to continue higher in the near term. Ethereum Price Surges Over 8% Ethereum…

Is This The End For Ethereum Or A Generational Opportunity?

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Este artículo también está disponible en español. Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital asset. One of the major disappointments has been the performance of spot Ethereum exchange-traded funds (ETFs), which were launched in the U.S. with great fanfare. These ETFs were seen by numerous market participants as the key that could unlock significant upward movement for Ethereum. Since their introduction, they have not delivered the expected results, leaving investors frustrated. Matt Hougan, Chief…