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Month: December 2022

cryptocurrency December 14, 2022

Advertisements The service will initially be rolled out to select PayPal users within the United States. Digital payments platform PayPal has teamed up with MetaMask parent company ConsenSys to allow MetaMask users to purchase and transfer Ether (ETH) via PayPal’s platform. According to the Dec. 14 announcement, the service will initially be rolled out only to select […]

cryptocurrency December 14, 2022

Ethereum gained pace for a move above the $1,300 resistance against the US Dollar. ETH is consolidating gains and might eye a fresh increase in the near term. Advertisements Ethereum was able to clear the $1,280 and $1,300 resistance levels. The price is now trading above $1,280 and the 100 hourly simple moving average. There […]

cryptocurrency December 13, 2022

Ethereum witnessed declining revenue per core developer Despite this, retail investors and validators continued to support Ethereum According to a tweet by Token Terminal on 11 December, the amount of Ethereum [ETH] revenue per developer had declined significantly since the beginning of the bull market. With ETH facing increasing volatility after the Merge, declining revenue […]

cryptocurrency December 13, 2022

Ethereum remained supported above the $1,240 level against the US Dollar. ETH is rising and might soon attempt an upside break above the $1,300 barrier. Advertisements Ethereum remained well bid above the $1,240 and $1,220 levels. The price is now trading above $1,260 and the 100 hourly simple moving average. There is a major contracting […]

cryptocurrency December 12, 2022

We’re now closing in on three months since the mid-September Ethereum merge. And in short, traders don’t know what to make of the second largest crypto asset by market cap. Advertisements On one hand, Ethereum is seeing promising signs with key whale accumulation. But on the other hand, actual on-chain activity and utility continues looking […]

cryptocurrency December 12, 2022

Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Advertisements Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break below […]

cryptocurrency December 11, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum has a bullish market structure Yet, buying pressure and momentum were not strong enough to indicate a rally was imminent The Ethereum merge occurred almost three months ago on 15 September. Since then […]