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cryptocurrency

cryptocurrency August 16, 2022

Ethereum has been met with strong resistance at its current levels and might potentially re-test support. The cryptocurrency still preserves some of its profit from the past weeks but has been losing momentum over today’s trading session. Advertisements At the time of writing, Ethereum trades at $1,860 with a 2% loss and 5% profit over […]

cryptocurrency August 16, 2022

Advertisements The crypto exchange also warned users against scammers offering ETH2 tokens, saying users did not need to take additional action to receive staked ETH prior to the Merge. United States-based cryptocurrency exchange Coinbase has announced it will be temporarily suspending certain token deposits and withdrawals when Ethereum’s core developers transition the blockchain to proof-of-stake, […]

cryptocurrency August 16, 2022

Advertisements Summary: Ethereum’s upgrade to a Proof-of-Stake blockchain would see some operations halt temporarily for Coinbase users. The crypto exchange said new ETH deposits and withdrawals would pause during The Merge as a precautionary measure. A similar pause for new ERC-20 token withdrawals and deposits was also announced. Coinbase Prime Institutional customers might also experience […]

cryptocurrency August 16, 2022

The largest altcoin has continued to take important steps concerning preparation ahead of the Merge. But Ethereum’s on-chain activity has barely seen any growth. Advertisements And, you might ask is it calm before the storm, or just an overall crisis in the industry caused by the lack of inflows? Emptiness could be the answer On-chain […]

cryptocurrency August 15, 2022

Advertisements Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance. Ether (ETH) rejected the $2,000 resistance on Aug. 14, but the solid 82.8% gain since the rising wedge formation started on July 13 certainly seems like a victory for bulls. Undoubtedly, the […]

cryptocurrency August 15, 2022

Advertisements The amount of ETH transferred just a month before the Merge has generated community curiosity, with some claiming it’ll be dumped while others say it’s for staking. An Ethereum whale wallet that participated in the genesis initial coin offering (ICO) and obtained about 150,000 Ether (ETH) in 2014 was activated again on Aug. 14 after three […]

cryptocurrency August 15, 2022

Bitcoin, the largest cryptocurrency has been in recovery mode for quite some time now. On CoinMarketCap, BTC jumped briefly above the $25k on 14 August before settling onto the $24.9k mark at press time. Advertisements Evidently, the spot market showcased a relief sign. However, activity on BTC options suggested otherwise. Are you In or Out? […]

cryptocurrency August 14, 2022

It has been quite an interesting week for Ethereum’s community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now. The latter’s native cryptocurrency, MATIC, concluded the week on the back of a significant upside on the charts. Advertisements MATIC’s bulls […]

cryptocurrency August 13, 2022

Data shows a large amount of leverage has been piling up in the Ethereum futures market as the price of the crypto breaks above $2k. Advertisements Ethereum Open Interest Surges To Highest Value In Last 4 Months As pointed out by an analyst in a CryptoQuant post, the ETH futures market has seen the leverage […]

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