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ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
Post-Merge ETH has become obsolete
24.9.2022
Staked ETH is more capital efficient and more profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
Biggest Movers: DOGE Hits 1-Month High to Start the Weekend
24.9.2022
Dogecoin rallied to a one-month high to start the weekend, as markets marginally rebounded on Saturday. The token rose by as much as 10% in today’s session, racing past a key resistance in the process. Solana was another notable gainer, as it hit an 11-day high. Dogecoin (DOGE) Dogecoin...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Week of Intense Volatility
24.9.2022
Following what has been a turbulent week of trading, bitcoin prices consolidated to start the weekend. The token rose marginally above the $19,000 level on Saturday, hovering near a three-month low in recent days. Ethereum was also consolidating in today’s session, as prices moved back above...
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
23.9.2022
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week
Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens
23.9.2022
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, both the Bank of England and United States Federal Reserve have moved to increase interest...
Bitcoin Price and Ethereum Continue To Fail, XRP Dips Turn Attractive
23.9.2022
Bitcoin price attempted a recovery wave above $19,200 but struggled. BTC is currently (11:00 UTC) moving lower towards the $18,800 support. A downside break below $18,800 might start a fresh decline.
Similarly, most major altcoins are correcting gains. ETH topped near $1,360 and started a downside...
Ethereum Hard Fork Instigator Chandler Guo Claims the Value of ETH and Forked ETHW Will Be the Same in 10 Years
23.9.2022
The U.S. dollar value of the recently airdropped coin native to the forked Ethereum proof-of-work (PoW) blockchain will be at par with that of ether, Chandler Guo, the instigator of the latest Ethereum hard fork, has said. Guo added that he expects the value of the token, which is currently...
XRP Price Storms 20%, Leads Recovery in Bitcoin and Ethereum
23.9.2022
Bitcoin price managed to escape a bearish breakdown below the $18,000 support. BTC is currently (03:10 UTC) trading above $19,000. A clear move above the $19,550 and $19,600 resistance levels might start a decent increase.
Similarly, most major altcoins are moving higher. ETH gained over 5%...
The ETH Merge Did Little to Energize a Tepid NFT Market
23.9.2022
Volume on one of the industry’s top marketplaces, OpenSea, has had little movement before and after the Merge, to the surprise of many
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Near Multi-Month Lows Following Fed Rate Hike
22.9.2022
Ethereum dropped below $1,300 on Thursday, as markets continued to react to the U.S. Fed’s latest decision to raise interest rates. Following speculation of a 100-basis-point hike, the Federal Reserve hiked rates by 0.75%, as it continues to struggle against rising consumer prices. Bitcoin...
Bitcoin Price and Ethereum Escape Bearish Breakdown, DCR Surges
22.9.2022
Bitcoin price managed to stay above the $18,500 support zone. BTC is currently (11:00 UTC) trading above $19,000. However, the price is still facing a couple of major hurdles near $19,500 and $19,600.
Similarly, most major altcoins are attempting an upside correction. ETH is slowly moving higher...
Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds
22.9.2022
Macroeconomic factors and centralization concerns are putting pressure on Ethereum's price post-Merge
Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist
22.9.2022
There’s a hole to be filled where Tornado Cash once was, and “junior mixers” are vying for position in the wake of the mixers sanction and ban by the U.S. Treasury
Price analysis 9/21: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
21.9.2022
Bitcoin and altcoins rallied ahead of the Fed’s rate hike decision, indicating that traders viewed the 0.75% rate hike as a “priced-in” event
Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol
21.9.2022
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1%
21.9.2022
Bitcoin fell below $19,000 on Wednesday, as markets prepared for a potential 100 basis point interest rate hike from the United States central bank. Although the consensus for a rate increase remains at 0.75%, some believe that with inflation remaining at historically high levels, a 1.00% hike...
When Ethereum Options Show Continuing Bullish Bias is it Time to DCA into ETH?
21.9.2022
The ethereum (ETH) options market shows continued strong appetite for bullish bets on ETH among traders, despite falling spot prices. The question now is if this is a sign that smart money is positioning for a future rally, and if now is a good time to start dollar-cost averaging (DCA) into...
Bitcoin Price and Ethereum Aim Higher, XRP Poised For More Gains
21.9.2022
Bitcoin price is still struggling to clear the $19,500 resistance. BTC is currently (11:10 UTC) consolidating near the $19,000 zone. If there is no upside break, the bears might aim a move towards the $18,000 level.
Similarly, most major altcoins might aim a fresh increase. ETH could rise steadily...