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cryptocurrency December 13, 2022

Ethereum witnessed declining revenue per core developer Despite this, retail investors and validators continued to support Ethereum According to a tweet by Token Terminal on 11 December, the amount of Ethereum [ETH] revenue per developer had declined significantly since the beginning of the bull market. With ETH facing increasing volatility after the Merge, declining revenue […]

cryptocurrency December 13, 2022

Ethereum remained supported above the $1,240 level against the US Dollar. ETH is rising and might soon attempt an upside break above the $1,300 barrier. Advertisements Ethereum remained well bid above the $1,240 and $1,220 levels. The price is now trading above $1,260 and the 100 hourly simple moving average. There is a major contracting […]

cryptocurrency December 12, 2022

We’re now closing in on three months since the mid-September Ethereum merge. And in short, traders don’t know what to make of the second largest crypto asset by market cap. Advertisements On one hand, Ethereum is seeing promising signs with key whale accumulation. But on the other hand, actual on-chain activity and utility continues looking […]

cryptocurrency December 12, 2022

Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Advertisements Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break below […]

cryptocurrency December 11, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum has a bullish market structure Yet, buying pressure and momentum were not strong enough to indicate a rally was imminent The Ethereum merge occurred almost three months ago on 15 September. Since then […]

cryptocurrency December 10, 2022

The aftereffect of Ethereum’s merge failed to yield a substantial effect on the ETH price. The funding rate flatlined as traders offered no push for increased volume. As the 15 September Ethereum [ETH] Merge approaches its three-month anniversary, traders still remain in hysteria over the impact the event has had.  Advertisements Recall that there was […]

cryptocurrency December 10, 2022

The Ethereum price has moved in the same direction as the broader market. In the last 24 hours, Ethereum has moved up by 2.5%. On the weekly timeframe, the altcoin has rarely registered any movement. This reflects lateral trading for ETH. Advertisements In the short term, the altcoin might be registering gains, but as the […]

cryptocurrency December 9, 2022

ETH developers have prioritized bringing staking withdrawals with the upcoming Shanghai upgrade. The Ethereum Foundation has clarified that it is committed to maximizing the success of its transition to proof-of-stake. The world’s second-largest cryptocurrency will undergo a major upgrade in the first quarter of next year. At the 151st Ethereum Core Developers Meeting held on […]