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Ethereum and Uniswap Tank Despite Optimism News
14.7.2021
Decentralized finance (DeFi) startup Optimism has launched the long-awaited Alpha layer-two (L2) solution for major decentralized exchange (DEX) Uniswap (UNI) through the Optimistic Ethereum (OΞ) mainnet. Despite the news, both ethereum (ETH) and UNI dropped together with the rest of...
Bitcoin, Ethereum and Altcoins Consolidate Above Major Support
13.7.2021
Bitcoin price is trading in a short-term bearish zone below USD 33,500. The current (12:20 UTC) price action is negative and suggests more downsides below USD 32,500. If BTC fails to stay above USD 32,200, there could be a sharp decline in the coming sessions.
Similarly, most major altcoins...
'Intelectual Posturing' Highlights Ethereum's Extractable Value Vulnerability
12.7.2021
A "personal project" by a developer might bring even more controversy into the so-called Miner Extractable Value (MEV) practice on the Ethereum (ETH) blockchain, possibly tempting some miners to extract all the value they can from Ethereum before it moves to a proof-of-stake consensus...
Bitcoin and Ethereum Continue To Fail Near Key Hurdles
12.7.2021
Bitcoin price climbed above the USD 34,000 resistance zone, but it failed to continue higher. BTC failed to clear the USD 35,000 resistance and it trimmed most of its gains. It is currently (12:11 PM UTC) consolidating below USD 34,000, with many important supports on the downside.
Similarly, most...
Power Ledger Migrates to Solana But Keeps Its Token On Ethereum
12.7.2021
Some projects are still leaving the Ethereum (ETH) blockchain, despite the incoming improvements - as Australian energy trading technology company Power Ledger (POWER) leaves it for more centralized Solana (SOL)-based platform, "tens of thousands of times faster than Ethereum." However...
ETH, Alts Drop Against Bitcoin Again As Market Prepares For Next Move
9.7.2021
Bitcoin price declined below USD 33,000 and it revisited the USD 32,200 support. BTC is currently (12:12 PM UTC) recovering above USD 32,500. If It settles above USD 33,200 and USD 33,500, there are chances of a steady increase in the near term.
Besides, most major altcoins are struggling...
Bitcoin and Ethereum Extend Losses, Altcoins Dive
8.7.2021
Bitcoin price started a fresh decline below the USD 33,500 support level. BTC even traded below the USD 33,000 level and it tested USD 32,200. The price is now (12:17 PM UTC) trying to recover above the USD 33,500 level.
Similarly, most major altcoins were gaining bearish momentum. ETH declined...
Ethereum Going to London in August, but Some Changes Will Need To Wait
7.7.2021
Source: iStock/Ivan-balvan
In its gradual process of transitioning to Ethereum 2.0 and a proof-of-stake (PoS) consensus mechanism, Ethereum (ETH) might get its London upgrade on or around August 4, at which point a number of changes will take effect, including the much-anticipated Ethereum...
Bitcoin and Ethereum Fail Near Breakout Zone, Altcoins Climb Higher
6.7.2021
Bitcoin price started a fresh increase above the USD 34,000 and USD 34,500 resistance levels. BTC even spiked above USD 35,000, but it failed to continue higher. It is currently (12:12 PM UTC) trading near USD 34,000, but it must settle above USD 35,000 for upside continuation.
Besides, most major...
Bitcoin, Ethereum and Altcoins Correct Gains
5.7.2021
Bitcoin price corrected lower after it failed to surpass USD 36,000 and corrected below the USD 34,000 support. It is currently (12:25 PM UTC) showing negative signs, postponing its plans to increase towards USD 36,000.
Similarly, most major altcoins corrected lower, dropping by 2%-4% in an hour....
ETH 'Unlikely' To Become 'Popular Currency' But It Still Can Compete With BTC
2.7.2021
Generally speaking, it is highly unlikely that ethereum (ETH) will become a "popular currency," but it still may compete with bitcoin (BTC) in the long run, according to the crypto venture firm Dragonfly Capital.
The firms' General Partner Kevin Hu and Junior Partner Celia Wan wrote...
Ethereum Address Activity Approached Bitcoin's Level In June
30.6.2021
In June, the biggest smart contract network, Ethereum (ETH), has started to challenge the network of the most popular cryptocurrency, Bitcoin (BTC), in another metric, briefly surpassing it by the number of active addresses, mostly because activity on BTC dropped sharply before rebounding...
Bitcoin and Ethereum Correct Gains, COMP Rallies
28.6.2021
Bitcoin price remained well bid above the USD 33,500 level. BTC even surpassed USD 34,000 and it spiked above USD 35,000. It is currently (12:45 PM UTC) consolidating gains and it might make another attempt to settle above USD 35,000.
Similarly, most major altcoins are showing positive signs....
Bitcoin Trims Gains, Ethereum and Altcoins Struggle
25.6.2021
Bitcoin price extended its upward move above the USD 35,000 resistance. However, BTC struggled to clear USD 35,500 and it started a fresh decline. It broke the USD 34,000 support zone, and it is currently (12:46 UTC) showing signs of more possible downsides.
Besides, most major altcoins are also...
Ethereum Starts Testing London Upgrade – but 'Adjust Your Expectations'
24.6.2021
Developers on the Ethereum (ETH) network have begun testing the London upgrade on the Ropsten testnet today – but ETH users are being once again encouraged to "adjust expectations" when it comes to the much-discussed Ethereum Improvement Proposal (EIP)-1559.
Earlier today, the Ethereum...
Bitcoin Breaks Key Barrier, Ethereum and Altcoins Gain Momentum
23.6.2021
Bitcoin price started a strong increase above the USD 32,000 level. BTC even broke the USD 33,500 and USD 34,000 resistance levels. The current (12:15 PM UTC) price action suggests a possibility of more upsides above USD 34,500 in the near term.
Similarly, most major altcoins are showing positive...
StakeHound Sues Fireblocks Over ETH 38K Staking Wound
23.6.2021
DeFi company and major Ethereum (ETH) staking pool StakeHound has accused Fireblocks, a heavily-backed crypto custodian, of losing ETH 38,178 (USD 76m), which Fireblocks denies.
StakeHound confirmed that after “attempts to resolve this issue with Fireblocks have unfortunately not been successful”...
Bitcoin and Ethereum Target Additional Losses, XRP, ADA Slide
22.6.2021
Bitcoin price is struggling to recover above the USD 33,500 resistance zone. BTC is currently (11:45 UTC) moving lower and trading below USD 32,000. It seems like the bears are aiming for a test of USD 30,000 in the near term.
Similarly, most major altcoins are gaining bearish momentum. ETH is down...
Bitcoin, Ethereum and Altcoins Struggle to Recover
18.6.2021
Bitcoin price failed to remain stable and it extended its decline below USD 38,000. The bulls are protecting the USD 37,200 zone, but there is a risk of more downsides. BTC is currently (15:16 UTC) trading below USD 38,000 and it is facing resistance near USD 38,500.
Besides, most major altcoins...
Bitcoin Eyes Fresh Increase, Ethereum and Altcoins Face Resistance
17.6.2021
Bitcoin price corrected lower below USD 38,500, but the bulls were active above USD 38,000. BTC started a fresh increase and it climbed above USD 39,000. It is currently (12:11 PM UTC) showing positive signs and is eying USD 40,000.
Besides, most major altcoins are also trying to gain bullish...