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Month: October 2024

cryptocurrency October 30, 2024

Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Advertisements Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming […]

cryptocurrency October 29, 2024

The Ethereum network maintained a staking rewards rate near 3% in the third quarter of 2024, showing a slight decline from over 3.5% earlier this year.  Advertisements This yield remains well below that of other popular proof-of-stake networks, such as Cosmos, Polkadot, Celestia, and Solana. Staking rewards for these competing networks range between 7% and […]

cryptocurrency October 29, 2024

Ethereum price started a fresh increase above the $2,550 resistance. ETH is following Bitcoin’s rally, but it is lacking the same strength. Advertisements Ethereum started a decent increase above the $2,600 zone. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at […]

cryptocurrency October 28, 2024

In just the past week, more than $750 million worth of Ethereum has been withdrawn from major crypto exchanges.  Advertisements This trend often suggests that investors are opting for long-term holding rather than preparing to sell. According to CoinMarketCap data, the altcoin’s daily trading volume has also surged over 80%.  Ethereum’s Exchange Reserves Keep Declining […]

cryptocurrency October 28, 2024

Ethereum price extended losses and tested the $2,380 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,5250 level. Advertisements Ethereum started a recovery wave from the $2,380 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming […]

cryptocurrency October 27, 2024

Ethereum co-founder Vitalik Buterin recently addressed why the Ethereum Foundation, the non-profit supporting the blockchain network, opts to sell its ETH holdings rather than stake them. Advertisements His comments follow increasing community criticism, calling on the Foundation to manage its resources more responsibly. Why the Ethereum Foundation Doesn’t Stake Its ETH In an October 27 […]