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Month: June 2022

cryptocurrency June 14, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum [ETH] investors were displeased after its inability to maintain a position above the basis line (green) of its Bollinger Bands (BB) for over two months now. The after-effects of the recent Bitcoin rally […]

cryptocurrency June 14, 2022

Ethereum Key Takeaways: Advertisements – ETH prices have plummeted below $1300– Selling pressure intensifies, which triggers the decline.– Dire price forecasts for ETH Having lost about 20 percent of its value over the past 24 hours and hovering around $1,200 on Monday morning, many crypto investors and market observers are prepared for a massive Ether decline […]

cryptocurrency June 13, 2022

Over the past week, Ethereum [ETH] has noted its third-highest drop in 2022 after the May crash and the January dip. Simply put, it has been falling for the second consecutive month. Advertisements This 21.52% depreciation has killed the hopes of investors who were expecting a return to $3k by the end of the month. […]

cryptocurrency June 13, 2022

Advertisements ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it. Ethereum’s native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges. ETH/USD hourly price chart. Source: […]

cryptocurrency June 13, 2022

Advertisements The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge. Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain. They set the delay to two months in order […]

cryptocurrency June 12, 2022

Ethereum [ETH], the world’s largest altcoin, might be losing its plot despite anticipation around the Merge. Rather, one can say that the token is seeing a delayed plot. Ethereum core developer Tim Beiko recently opined that the merge to proof-of-stake (PoS) would happen between August and November. This announcement follows more bad news for Ethereum […]