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cryptocurrency October 24, 2022

Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.  Advertisements At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying […]

cryptocurrency October 24, 2022

Advertisements Ethereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high. Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge.  The Merge was slated […]

cryptocurrency October 23, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum’s breakdown on the weekly chart made way for a rebounding opportunity. The king alt’s network growth marked a significant plunge. At press time, Ethereum [ETH] was down by over 70% since its ATH in […]

cryptocurrency October 22, 2022

Macro factors contributed to the bearishness in the crypto markets, with rampant inflation continuing and the Federal Reserve’s hike in interest rates to control rising prices. But could the suffering see the light at the end of the tunnel for Ethereum [ETH] and Bitcoin [BTC]. Advertisements Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-23 […]

cryptocurrency October 22, 2022

Advertisements Ethereum whales are busy accumulating ETH despite the ongoing bear market crunch  According to crypto analytics firm Santiment, Ethereum whales have collectively pocketed 3.3 million worth of ETH tokens in the past month. Data acquired from crypto analytics firm Santiment has revealed staggering observations regarding Ethereum whales. The data notes that Ethereum whales are […]

cryptocurrency October 22, 2022

Advertisements Ethereum’s on-trend supply has dropped to levels significantly in the last 30 days  According to Ultrasound money, Ethereum has remained deflationary for the past month. The supply of Ethereum’s native token ETH has documented a drop in its on-trend supply, projecting a deflationary asset pattern. Ethereum On-Trend Supply Is Dropping. Ethereum’s deflationary pattern has […]

cryptocurrency October 22, 2022

Ethereum completed its shift from proof-of-work (PoW) to proof-of-stake (PoS) via the highly anticipated “merge” last September 15, 2022. Advertisements But after more than a month from that historic event, Bitcoin’s closest rival still has nothing to show for as its price flat-lined as it failed to take off despite the hype that surrounded the […]

cryptocurrency October 21, 2022

Since the merge, the count of trades on the Ethereum [ETH] network has been plagued by decline, new data from Santiment revealed. Advertisements According to the blockchain analytics platform, the count of daily active addresses that traded ETH dropped continuously since the merge to sink to a 4-month low on 20 October. This resulted from […]

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