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ETH

cryptocurrency August 2, 2022

On-chain data shows the number of active Ethereum addresses has recently spiked up to a new all-time high. Here’s what happened in the past when the metric reached such high values. Advertisements Ethereum Active Addresses Surge To A New All-Time High As pointed out by an analyst in a CryptoQuant post, a signal that has […]

cryptocurrency August 1, 2022

Ethereum has been experiencing a slowdown in its bullish momentum over the weekend. The cryptocurrency managed to break the critical resistance at $1,700 but could re-test previous support levels before reclaiming higher levels. Advertisements According to Wu Blockchain, Ethereum recently surpassed Bitcoin in terms of Open Interest (OI) for options contracts. This metric stands at […]

cryptocurrency July 31, 2022

Ethereum [ETH] developers concluded their latest fortnightly call two days ago. All eyes are on the Merge transition scheduled for September. But before that there are still some things to be crossed off the list. The call put forth pressing concerns for the developers and scheduled updates for the ecosystem. Market optimists are counting on […]

cryptocurrency July 30, 2022

The Ethereum “Merge” has become a hot topic among top crypto analysts after the incident that led to the collapse of the Ethereum network in the sale of Otherside by Yuga labs, with nearly $200M lost as gas fees. Advertisements Related Reading: Proof of Work Vs Proof of Stake – Laneaxis The Ethereum merge, also […]

cryptocurrency July 30, 2022

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Over the last two days, Ethereum [ETH] recouped its bullish forces after witnessing a morning star candlestick setup from its 200 EMA (green). The string of subsequent green candlesticks has aided the alt […]

cryptocurrency July 29, 2022

The king of altcoins has been struggling to gain its momentum and get back to its feet. In fact, the Ethereum [ETH] community is beginning to react to the Fed meeting and gross domestic product (GDP) release. Advertisements Recent on-chain data suggests that tensions are running high as the crypto relief rally lost momentum. Traders […]

cryptocurrency July 29, 2022

Ethereum (ETH) price overshoots above $1,700 hinting a bullish momentum. And everyone was blown away. Advertisements James Seyffart, Bloomberg Intelligence research analyst, was impressed: “Ethereum just flew right through resistance there.”  Bitcoin, Ethereum, and other cryptocurrencies have soared following the Fed interest rate hike of 0.75%. It was indeed an optimistic kind of domino effect […]

cryptocurrency July 28, 2022

The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June. Advertisements Now, the crypto market reacted in a positive manner with Ethereum [ETH] leading the charge. However, as per a famed […]