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ETHNews

cryptocurrency February 11, 2023

Chris Burniske, a former Ark Invest analyst, was previously bullish in his ETH predictions. However, he seems to have backtracked a bit on his earlier analysis, admitting that Ethereum might hit rock bottom before its soars.  Advertisements Ethereum, like other cryptocurrencies, declined in the crypto market today, down by 5.60% in 24 hours. However, Burniske […]

cryptocurrency February 10, 2023

Top altcoin Ethereum has been facing some resistance lately, slowing down growth to a snail’s pace as ETH is smothered in red in the charts. At the time of writing, the altcoin is currently facing losses in the one-hour time frame, the 24-hour, as well as in the weekly. Advertisements The current situation for Ethereum […]

cryptocurrency February 9, 2023

Charles Hoskinson, the founder of Cardano, thinks the entire staking model used in Ethereum is problematic.  Advertisements The Ethereum Staking Model is Flawed, Says Cardano Founder Charles waded into the staking discussion following Brian Armstrong’s unconfirmed rumors that the United States Securities and Exchange Commission (SEC) planned to ban retail crypto staking in the country. Ethereum relies […]

cryptocurrency February 8, 2023

Ethereum started a fresh increase and retested $1,700 against the US Dollar. ETH is showing positive signs and might rise further towards the $1,800 zone. Advertisements Ethereum gained pace and was able to clear the $1,660 resistance zone. The price is now trading above $1,660 and the 100 hourly simple moving average. There was a […]

cryptocurrency February 6, 2023

Ethereum corrected lower and traded below $1,640 against the US Dollar. ETH is holding the $1,610 support and might aim a fresh increase. Advertisements Ethereum started a downside correction below $1,650 and $1,640. The price is now trading below $1,650 and the 100 hourly simple moving average. There is a key bullish trend line forming […]

cryptocurrency February 4, 2023

In 2022, the crypto space faced a high rate of scams and fraudulent activities, especially in the DeFi sector. Scammers use phishing, fake ICOs (Initial Coin Offerings), Ponzi schemes, and impersonation techniques to trick people into giving up their cryptocurrencies.  Advertisements Unfortunately, the decentralized nature of cryptocurrencies made it easier for scammers to operate and […]

cryptocurrency February 3, 2023

On-chain data shows Ethereum profit-taking has spiked to high levels not seen since February 2021, a sign that could be bearish for the asset’s price. Advertisements Ethereum Profit Taking Rises As ETH Continues To Rally As per data from the on-chain analytics firm Santiment, this profit-taking may suggest that the holders don’t believe the rally […]

cryptocurrency February 2, 2023

Ethereum is up over 5% and trading above $1,650 against the US Dollar. ETH could rise further if it clears the $1,700 resistance zone. Advertisements Ethereum gained pace and rallied above the $1,660 resistance zone. The price is now trading above $1,650 and the 100 hourly simple moving average. There was a break above a […]