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Month: February 2023

cryptocurrency February 22, 2023

Ethereum price failed to clear the $1,720 resistance against the US Dollar. ETH corrected lower and remains at a risk of more losses below $1,620. Advertisements Ethereum is now showing a few bearish signs below $1,720 and $1,740. The price is trading below $1,680 and the 100 hourly simple moving average. There was a break […]

cryptocurrency February 21, 2023

Ethereum rose to $1,700 on February 17. Whale and shark address holding have not slowed down their accumulation. The price of Ethereum [ETH] reached $1,700 on 17 February after five months. Is this ascent an indicator of things to come? Or will the whale accumulation result in dumping before the Shanghai upgrade? Advertisements Read Ethereum’s […]

cryptocurrency February 21, 2023

Advertisements ETH’s rally paused at key resistance levels according to on-chain and technical data, but the downside risk appears limited based on the network’s activity. Ether (ETH) fell short of a bullish breakout based on technical and on-chain analysis, suggesting that the consolidation below the $2,000 price level could continue in the medium term. At […]

cryptocurrency February 20, 2023

A look at the key challenges that developers have encountered in the days leading up to the Shanghai upgrade. Why challenges faced may not necessarily be a concern to the timeline. The Ethereum network is slated to end February with another major upgrade dubbed the Shanghai upgrade. Advertisements It will facilitate liquid staking, which is […]

cryptocurrency February 20, 2023

Advertisements Hackers continue to create fake Web3-enabled websites to fleece unsuspecting victims’ browser-based wallets, with ETHDenver being the latest victim. A fake website of the popular Ethereum Denver conference is the latest phishing target of a red-flagged smart contract that has stolen over $300,000 worth of Ether (ETH). The popular conference saw its website duplicated […]

cryptocurrency February 19, 2023

A whale accumulated 28,672 ETH, worth $48.5 million from Binance and Coinbase over the past two months.  Supply on exchanges decreased and metrics looked bullish.  Ethereum’s [ETH] much-awaited Shanghai upgrade is around the corner, and investors are excited. Advertisements The upgrade will finally allow investors to withdraw their staked Ethereum. Amidst the excitement, a Twitter […]

cryptocurrency February 19, 2023

Bitcoin and ETH derivatives register healthy recovery alongside spot demand. However, demand is still relatively low as traders proceed cautiously. The crypto market’s performance on a YTD basis has been different from the bearish performance last year. We have seen strong demand recovery, especially from the spot market. Advertisements A recent analysis revealed how Bitcoin […]

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