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Month: August 2022

cryptocurrency August 13, 2022

Advertisements Clear the fog around the most significant upgrade in the history of Ethereum, The Merge. Here are five misconceptions that stand out among the rest. The excitement around Ethereum’s (ETH) upcoming upgrade, The Merge, which involves the merger of two blockchains — Mainnet Ethereum and Beacon Chain — has unknowingly spurred rumors across the […]

cryptocurrency August 13, 2022

Advertisements It is high time for a deeper retracement on the “relief” rally in Bitcoin, say commentators, but upside targets of $28,000 stay on the table. Bitcoin (BTC) is still due to return to near $20,000, fresh analysis warns as BTC/USD attempts to retest multi-month highs.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buy-the-dip set […]

cryptocurrency August 12, 2022

As the launching of the long-awaited Ethereum upgrade, Merge, approaches, there’s a spike in institutional investment. Ethereum products are receiving more attention from big-shot investors. Advertisements Though there is no stated period for the Merge, most developers anticipate the upgrade by September 19. However, most Ethereum derivatives are getting more investment deals as the final […]

cryptocurrency August 12, 2022

Advertisements It’s not just ETH price that stands to benefit from Ethereum’s move to proof-of-stake in September. After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum’s native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after […]

cryptocurrency August 11, 2022

Advertisements Backwardation in Ethereum futures shows traders expect ETH to surge, and everyone wants the “free” proof-of-work hard-fork coins, but investors should also keep an eye on the bears. Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July […]

cryptocurrency August 11, 2022

Advertisements The Ethereum core developer team has discussed the tentative dates for the Merge to take place. The dates are not definitive; however, the devs have agreed that the Bellatrix update would land on September 6, and the Paris update would target September 15. The Merge is planned to take place before the end of […]

cryptocurrency August 11, 2022

Ethereum [ETH] finally sustained its bullish track as its recent rallies altered the long-term trend to exhibit a buying edge. With the 200 EMA assuming a rebound zone for the bearish pulls, the king alt now saw a volatile break above the point of Control (POC, red). Advertisements In the four-hour timeframe, the two-week trendline […]

cryptocurrency August 11, 2022

Ethereum is moving higher over today’s trading session and seems to be targeting previous levels about the $2,000 mark. The cryptocurrency soars as “The Merge” becomes imminent and backs the bullish sentiment across the market. Advertisements At the time of writing, ETH’s price trades at $1,900 with a 3% profit in the last 24 hours […]

cryptocurrency August 11, 2022

Advertisements A slew of Ether’s technical and fundamental indicators support a push toward $2,500 by September. Ethereum’s native asset, Ether (ETH), has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators. Ethereum […]