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Month: November 2024

cryptocurrency November 13, 2024

Ethereum price extended its increase above the $3,220 resistance. ETH is now consolidating and facing hurdles near the $3,450 resistance. Advertisements Ethereum started a fresh increase above the $3,120 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,220 […]

cryptocurrency November 12, 2024

Blockchain researcher Justin Drake unveiled the Ethereum Beam Chain concept during Devcon in Bangkok. This proposed overhaul aims to consolidate several key advancements in the network. Advertisements The proposed Beam Chain will consolidate native support for zero-knowledge proofs and rapid finality into a single upgrade for the Ethereum network. Ethereum Beam Chain to Address Legacy […]

cryptocurrency November 12, 2024

Analysts reported that there is a growing demand for Ethereum due to the increasing appeal of the digital currency to large investors. Advertisements The whale activity serves as one of the indicators that the cryptocurrency is gaining momentum for possible significant growth, capitalizing on the positive market sentiment on the crypto industry. Growing Whale Activity […]

cryptocurrency November 11, 2024

Advertisements  A long-dormant string of code called OP_CAT could be the secret to unlocking the true potential of Bitcoin for DeFi and see it surge past Ethereum DeFi in the future.  A single, long-dormant string of code, hidden deep within the original Bitcoin stack, can introduce a suite of new functionality that could potentially see […]

cryptocurrency November 11, 2024

Advertisements By supporting Bitlayer, Nansen plans to build the foundation for deeper BTC L2 insights and more efficient decision-making. Cryptocurrency analytics platform Nansen is expanding its capabilities beyond Ethereum by moving into Bitcoin through a partnership with the Bitcoin layer-2 (L2) network, Bitlayer.  Nansen is debuting Bitcoin (BTC) analytics services by delivering blockchain data analytics […]

cryptocurrency November 11, 2024

Ethereum price started a fresh increase above the $3,000 resistance. ETH is up over 10% and now approaches the key barrier at $3,250. Advertisements Ethereum started a fresh surge above the $2,880 resistance zone. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a new bullish trend line forming with […]

cryptocurrency November 9, 2024

Following Donald Trump’s victory in the US presidential election on November 5, Ethereum (ETH), alongside the general cryptocurrency market, has experienced notable price gains. In particular, the second-largest cryptocurrency has witnessed its value increase by 24.31% in the past four days as it approaches a crucial $3,000 resistance zone. Advertisements Ethereum Prepares For Potential Surge […]

cryptocurrency November 9, 2024

The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the […]