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cryptocurrency January 6, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements ETH was in a short-term price correction. It could retest the $1,247 support or drop lower. A patterned breakout on the upside would invalidate the bias. Bitcoin’s [BTC] attempt to break the $17K […]

cryptocurrency January 6, 2023

Advertisements Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers. The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH) and Bitcoin (BTC) into yield-bearing assets via yield farming and liquidity mining […]

cryptocurrency January 6, 2023

Advertisements Decentralized finance (DeFi) is a financial system built on top of blockchain technology that allows for financial services without traditional intermediaries DeFi is open, transparent, and secure, and offers greater financial inclusion and potentially more efficient and cost-effective services Potential drawbacks include complexity, lack of regulation, risk of losses, risk of hacking, and limited […]

cryptocurrency January 6, 2023

Ethereum climbed higher and tested the $1,275 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh move above the $1,300 resistance. Advertisements Ethereum struggled to climb higher above the $1,275 and $1,280 resistance levels. The price is now trading above $1,230 and the 100 hourly simple moving average. There […]

cryptocurrency January 5, 2023

Deep-pocket investors renewed their interest in ETH as the coin hit its highest value in three weeks. Buyers from the last few weeks were in slight profits, but on-chain data suggested a possible decrease in the coming days. Whales interested in topping up their Ethereum [ETH] holdings resumed their activities, according to a 4 January […]

cryptocurrency January 5, 2023

Ethereum is about to undergo a major upgrade to release staked ETH from the Beacon Chain. This could be good news for liquid staking platforms such as Lido. Advertisements Ethereum staking has been hugely popular despite the crypto bear market. Furthermore, the amount of the asset staked continues to climb regardless of falling prices. This […]

cryptocurrency January 5, 2023

Ethereum was able to clear the $1,240 resistance zone against the US Dollar. ETH is showing positive signs and there might be a move above the $1,300 resistance. Advertisements Ethereum is moving higher above the $1,220 and $1,240 resistance levels. The price is now trading above $1,220 and the 100 hourly simple moving average. There […]

cryptocurrency January 5, 2023

More than 70% Ethereum stakes were underwater at press time The Shanghai upgrade would enable unstaking once deployed Staking Ethereum [ETH], particularly after the Merge, prompted several conversations. The topics of discussion ranged from dominant staking pools to OFAC-compliant blocks, as well as the threats that a combination of the two posed to Ethereum and […]

cryptocurrency January 4, 2023

Advertisements Fresh Bitcoin support and resistance levels crystalize amid an “extremely tight” trading range while ETH price action sets multi-week highs. Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $17,000 “possible” thanks to CPI print […]