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Year: 2022

cryptocurrency July 27, 2022

Advertisements ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs. Ether (ETH) is down 11.5% in seven days even after the recent confirmation of the “Ethereum merge” transition to a proof-of-stake (PoS) consensus network in September. During the Ethereum core developers conference call on […]

cryptocurrency July 27, 2022

The month of July is coming to an end. Traders and long-term investors were hopeful of a strong recovery. But that didn’t materialize. Consequently, Ethereum couldn’t sustain its short-term gain. By looking at the market condition, it is probable that things may not get better for the king alt until the fourth quarter begins. Advertisements […]

cryptocurrency July 27, 2022

Advertisements ETC’s ongoing price rebound looks eerily similar to a bull trap event from 2021. Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum’s upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).  Vitalik Buterin likes Ethereum Classic Notably, ETC’s price jumped by a little over 20% to reach $27.50, two days after […]

cryptocurrency July 27, 2022

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Advertisements Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line […]

cryptocurrency July 26, 2022

Following the broader market cues, the largest altcoin Ethereum had a good rally in July. However, the scenario seems to be changing for ETH now. Advertisements With the upcoming Merge, investors across the Ethereum network are excited. Ethereum has surpassed all speculations, FUD with the backing of Merge is a matter of contemplation. But one […]

cryptocurrency July 25, 2022

The news of the Ethereum Merge pumped up optimism on the network. However, ETH, at press time, was consolidating above $1600 as the Merge craze started easing coming into the weekend. Advertisements In the current relief rally, ETH has outperformed the king coin by achieving a 19.07% increase in the last seven days. Now, the […]

cryptocurrency July 25, 2022

Advertisements Summary: Ethereum’s Vitalik Buterin has suggested that the Ethereum Classic community will definitely welcome proof-of-work fans after the Merge. He points out that Ethereum Classic is ‘totally fine chain.’ ETC’s price has benefited from the speculation that the Ethereum Classic network will absorb some of Ethereum’s ecosystem in terms of miners and dapps post-Merge. […]

cryptocurrency July 25, 2022

Despite having a boom week, Bitcoin, the most valuable cryptocurrency, sank to its seven days low. Several other altcoins that had also been rallying dropped, including the second-largest coin, Ethereum, which fell over 5%, XRP fell by 4%, and ADA took the lead with 6%. Advertisements Over the last nine days, Bitcoin has seen positive […]

cryptocurrency July 25, 2022

Advertisements Ether risks falling further below $1,350 in August as the ETH price rally is losing steam. Ethereum’s native token Ether (ETH) tumbled on July 26, reducing hopes of an extended price recovery. The ETH/USD pair dropped by roughly 5%, followed by a modest rebound to over $1,550. Ethereum gets rejected at $1,650  These overnight […]