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Month: June 2021

cryptocurrency June 26, 2021

In this article, we will take a look at the price movement for Ethereum (ETH) in the 2015-2018 bullish cycle and compare it to the current one. Advertisements While both upward movements have continued for a similar amount of time, the 2020 movement had a much smaller magnitude than the movement preceding it. First bullish […]

cryptocurrency June 25, 2021

Advertisements The Ethereum community is anxiously awaiting the mainnet launch of EIP-1559. Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet. Following the launch on Ropsten on Thursday, London is now expected to progress through Ethereum’s Goerli, Rinkeby and Kovan testnets at roughly weekly intervals — […]

cryptocurrency June 25, 2021

Ethereum is still struggling to gain pace above $2,000 against the US Dollar. ETH price is still below the 100 hourly SMA, while bitcoin surpassed $35,000. Advertisements Ethereum is still struggling to clear the $2,050 and $2,060 resistance levels. The price is trading near the $2,000 barrier and the 100 hourly simple moving average. There […]

cryptocurrency June 24, 2021

A recent post on CryptoQuant by TemptingBeef has confirmed that the number of staked Ethereum on the ETH 2.0 deposit contract has now exceeded 100,000. This means that the number of staked ETH is now more than 5% of the amount of Ethereum that is currently in circulation. Advertisements Advertisements Chart showing the amount of […]

cryptocurrency June 24, 2021

Advertisements Ethereum could retest the $2,200 to $2,300 range with the new month of July Trader sentiment towards Ethereum remains negative and at its lowest since June 2018 There is a slight possibility of Ethereum dropping to the $1,200 to $1,400 range in the weeks ahead Ethereum (ETH) is once again attempting to reclaim the […]

cryptocurrency June 24, 2021

Advertisements Total value locked across decentralized finance-enabled smart contracts has dipped 35% from its peak. The drop in the price of Ether (ETH) is failing to shake out the long-term holders, while the decentralized finance (DeFi) sector is also providing opportunities for investors.  So suggests a new Glassnode report that noted many long-term Ether holders (>155 […]

cryptocurrency June 23, 2021

Advertisements The 14th-largest cryptocurrency by market capitalization jumped by more than 55% after bottoming out at $20.14 on Tuesday. An overnight bounce across the cryptocurrency assets this Wednesday saw Solana (SOL) outpacing its top rivals, including Bitcoin (BTC) and Ether (ETH). The SOL/USD exchange rate surged 55.10% to $31.58 on Wednesday after bottoming out at […]