Tag: Ethereums

Ethereum’s Ether (ETH), Uniswap (UNI), Chainlink Surge as Bitcoin (BTC) Price Nears $100K

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Bitcoin topped $98,000 heading into the U.S. morning, extending its breakout from an eight-month consolidation since crypto-friendly Donald Trump won the U.S. presidency. The largest crypto has advanced 4.5% over the past 24 hours, leaving the broad-market CoinDesk 20 Index behind. Some altcoins are quickly catching up to BTC’s gain, with ether (ETH), Chainlink (LINK) and Uniswap (UNI) surging 5% in the past hour. The $100,000-per-BTC mark is just a stone’s throw away and BTC futures on Deribit maturing next year are already trading above the threshold. Still, the round-number…

Ethereum’s Ether (ETH) Token Has Fallen Out of Investor Favor And How

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Ethereum’s Positive Funding Rates Push Price Near $4K—Are There Any Downsides?

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Ethereum has recently climbed to a major high above $3,400, reigniting enthusiasm among market participants and signaling a potential upward trend that may lead to a push above $4,000 toward a new all-time high. This optimism has been met with major speculation of ETH’s price from the crypto community and analysts, who are observing key indicators within the market to assess the asset’s trajectory. Ethereum Rise and Market Sentiment According to a report shared by a CryptoQuant analyst known as ‘ShayanBTC,’ Ethereum’s recent price performance, up by 35% in the…

Ethereum’s ENS Identity System Set to Launch Own Layer-2 Blockchain

ENS’ decision to go ahead with ENSv2 follows a series of other announcements of major crypto firms coming out with their own layer-2 projects. Recently, teams behind decentralized finance project Uniswap, crypto exchange Kraken and Sony’s Blockchain Labs unveiled plans to launch their own rollup networks. Instead of ZK rollups, however, those projects use layer-2 Optimism’s technology, known as the OP Stack, which allows developers to clone its code to create their own blockchains. Source link

Ethereum’s Market Conundrum—ETH Slips Further Behind as Bitcoin Shines

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This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring While the Other’s Struggling It’s an exciting time in crypto. BTC came close to breaking its all-time high of $73,794, nearly hitting $73,600 per coin […] Original

What’s Behind Bitcoin And Ethereum’s Exchange Exodus?

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Este artículo también está disponible en español. Crypto investors are not keen on dealing with cryptocurrency trading platforms, which has resulted in the dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum hit a historic low after investors and crypto enthusiasts opted for self-custody solutions for their virtual assets. Related Reading Staying Away From Cryptocurrency Trading A recent trend showed that traders and other enthusiasts choose to hold on to their crypto assets rather than sell them on Bitcoin and Ethereum exchange platforms. They preferred direct ownership…

Ethereum’s identity crisis deepens as inflation returns, analyst warns

Q3 revealed a challenging landscape for the crypto market, marked by low on-chain fees, rising Bitcoin dominance, and Ethereum’s struggle with inflation and underperformance. Ethereum’s (ETH) identity is shifting as it moves from a deflationary model to inflation, raising doubts about its role as a cryptocurrency amid the rise of layer 2 solutions and Bitcoin’s (BTC) dominance. In an X article on Oct. 4, IntoTheBlock’s head of research Lucas Outumuro noted that although on-chain fees have seen a slight rebound in September, Ethereum continues to grapple with substantial fee reductions…

Bitcoin (BTC) Price Bounce Quickly Fades; Ethereum’s ETH, Solana’s SOL, Ripple’s XRP, Cardano’s ADA Lose as Torrid October Continues

Whether prices rebound or tumble lower may depend on bitcoin’s ongoing retest of its “Bull Market Support Band,” a key trend indicator defined by the asset’s 20-week simple moving average (SMA) and a 21-week exponential moving average (EMA). The band often served as support for prices during previous uptrends, and currently ranges between $61,100 and $62,900. A bounce from the band would reinvigorate the uptrend from the September lows to target, but a decisive break below could undo all the recovery, with many more weeks chopping below $60,000. Source CryptoX…

VanEck Predicts Solana Could Reach 50% Of Ethereum’s Market Cap, Targeting $330 Per SOL

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Este artículo también está disponible en español. Currently, Solana (SOL) is the fifth-largest cryptocurrency, with a market capitalization of approximately $71 billion. Following the recent decision by the US Federal Reserve to cut interest rates by 0.50% on September 18, the cryptocurrency market has seen a resurgence in investor confidence, leading to notable price increases for SOL. In light of these developments, asset management firm VanEck, through its research arm MarketVector, has released compelling predictions regarding Solana’s future. The report highlights Solana’s technological advancements and raises questions about its current market…

‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals

Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. […] Source CryptoX Portal