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Month: January 2022

cryptocurrency January 31, 2022

Advertisements The bearish outlook appears against the backdrop of the Federal Reserve’s tightening policies. Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 […]

cryptocurrency January 30, 2022

Key Takeaways Daniele Sestagalli has called for Wonderland to wind down due to divisions in the community. Sestagalli made the comments despite a community vote that has seen a majority of respondents signal that they want to save the project. The statement follows a dramatic week for the Wonderland community after the project’s treasury manager […]

cryptocurrency January 28, 2022

Following the king coin’s footsteps, ETH oscillated in an up-channel (reversal pattern) whilst trying to retest the $2,550-level. Further, Dogecoin also formed a reversal pattern after displaying a decent recovery. But it lacked trend-altering volumes. Advertisements On the other hand, Waves saw a noteworthy breakout and pulled back from the $11-mark.  Ether (ETH) Source: TradingView, […]

cryptocurrency January 28, 2022

Ethereum accumulation patterns have pointed towards bullish trends. Whales, as well as small investors, have started to fill up their bags with the altcoin after the crash that brought it down to the $2,100 level. This time around, it is smallholders going on an accumulation spree as the number of wallets holding at least 1 […]

cryptocurrency January 28, 2022

Key Takeaways A new SEC proposal looking to expand the definition of a securities exchange could threaten DeFi. The proposal aims to broaden the definition of an exchange to any system allowing buyers and sellers to communicate their securities trading interest. If enacted, the proposal would likely make it impossible for decentralized exchanges to comply […]

cryptocurrency January 28, 2022

Advertisements The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13. Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum has made mining on its […]