Ethereum’s TVL takes a massive hit, but here’s a sign of hope
Ethereum [ETH] dropped by 18% in less than a week after bouncing off the $2,200 support level. This happened after BTC suffered another shock and dipped to $30,000. The entire crypto market has gone into a frenzy in recent days with Luna and UST headlining the fallen market situation. A particularly bearish sentiment swept ETH […]
Will ETH secure enough support from NFT market to strengthen its recovery
ETH on 10 May showed signs of potential bullish recovery after a heavily bearish performance, especially in the last five days. Undeniably, the market is still not off the hook with the constant highs of the FUD. To that effect, ETH was trading at $2,308, at the time of this analysis, it was further down […]
Ethereum: History doesn’t repeat but rhymes as ETH appears poised for…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On-chain metrics for Ethereum noted that a two-year high on the ‘Number of addresses in loss’ was breached on 7 May. The NFT hype has been dying down as reports suggested a major downtrend in […]
Is the NFT hype fizzling out or is there something else at play here
Recently published report suggests a major downtrend in NFT sales. This led to calls of a worrying NFT market sentiment which are gradually being quashed after big performances recently. Nonfungible published a report talking about the NFT market performance during the Q1 of 2022. The report has raised many eyebrows after being published, indicating a depleting […]
New data regarding stablecoin activity says this about the market sentiment
The crypto market is facing a testing start to May. With the Feds announcement, the market has faced two major dips already with the latest being a 3.7% dip. Amidst this, there has been yet another statistic has come out that can cause a bit of worry and raise a lot of eyebrows. Stablecoins, namely […]
Here’s why Ethereum may face mounting odds against a recovery
Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors. Glassnode posted two metrics on its Twitter feed suggesting oncoming turbulence for Ethereum. The delay of ‘Merge’ has led to […]
Ethereum: Will ETH defeat bears despite the ongoing capitulation
As per the latest data released by Santiment, on 7 May, the Ethereum network experienced a 3.4 times rise in the number of transactions as compared to any other day. The tweet further went out to state that with the ongoing market capitulation, this is the first time in the last 3.5 years that the […]
Ethereum Price Prediction 2022 : A Supper Cycle For ETH Price ?
The total cryptocurrency market cap has been in a range-bound market structure from May ’21 to date, with the fear and greed index recently showing extreme fear readings yesterday and last week, an indicator signalling the start of a DCA (dollar-cost averaging) campaign for the Ether into the coming months. In this post, we’ll be analysing The post Ethereum Price Prediction 2022 : A Supper Cycle For ETH Price ? appeared first on CoinGape.
Decoding the performance of Azuki’s latest NFT collection ‘BEANZ’
With NFTs becoming the most sought-after thing of late, a number of investors are turning their attention toward buying, trading, and selling NFTs. With BAYC, MAYC, Doodles, and many such popular NFTs in the market, Azuki’s latest NFT collection called BEANZ Official is set to join the ‘NFT Cool Club’. What makes BEANZ so popular? […]
Ethereum: Can this new trend become a cause of concern ahead of the ‘Merge’
Polygon recently commissioned a report to study the Layer 2 scaling solutions and create a framework for comparison. It uses the example of the Ethereum for studying layer-1 ecosystem challenges and throws light on ETH layer-2 scaling solutions. Notably, the Ethereum market cap increased multifold from its previous high of $125 billion to approximately $500 […]
Between ‘The Path to the Merge’ and ETH ‘gas fees’- Here’s the latest
Tim Beiko, an ETH core developer, in a blog post, elaborated on the much-awaited ‘The Merge’ which is supposed to happen in late 2022. He said the transitioning of ‘Ethereum to proof-of-stake is now clearly insight.’ At last, it seems that ‘The Merge’ will finally be released as we approach the end of 2022. After […]
Your guide on how to scalp Ethereum [ETH] to $3,200
Ethereum price is traversing a bullish setup on a short-term outlook, suggesting a breakout to the upside soon. Interested investors can be patient and capitalize on the next leg-up that will push ETH to $3,200 and higher, especially if the bulls support it. Ethereum price to take off soon? Ethereum price is inside a descending […]
Does Ethereum’s [ETH] macro trend point towards more upside
ETH achieved a healthy pump during 4 May’s trading session after a 50 basis point rate hike was announced. The cryptocurrency has been trading within a falling wedge pattern for almost four weeks but it broke out of its resistance line after the announcement. ETH registered a 6.2% rally after the Federal Reserve announced a […]
Ethereum [ETH] has the fuel, but can it skyrocket by the end of 2022
A panel of financial experts assembled by Finder provided an updated price prediction for Ethereum. The panel suggested Ethereum to end the year on a high at around $5800. This is a major bit of news for the Ethereum community for many reasons. The Ethereum community has been in distress for many months now. This […]
Long-Term and Short-Term Crypto Trading: How a Core-Satellite Can Support It
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Long-Term and Short-Term Crypto Trading: How a Core-Satellite Can Support It at E-Crypto News.
‘Otherside’ records highs in fee-related metrics, here’s what you should know
The apes, that were once a part of the earth, have made a smashing reappearance in the digital realm as part of the ‘Otherside’ sale that went live on 30 April. Numbers speak louder than words… As per data from Glassnode, the total fee amount spent on the YugaLabs sale was $227 million, which is […]
‘Use cases in things like Ethereum [ETH] haven’t really even been played’
Standard Chartered’s Head of Crypto Research believes Bitcoin and Ethereum will end 2022 on a high note. He remains positive that a bullish outcome is in store for the two cryptocurrencies, despite the recent blip in April. Geoffrey Kendrick, Standard Chartered’s Head of Crypto Research, is the latest to share his verdict on the future […]
With April seeing largest average outflows of 2022, is recovery a distant dream
Crypto Compare released their monthly report recently. The report focuses on development and adoption of various product types by analyzing AUMs, trading volume and price performance. April was a difficult month for the crypto industry with the flagship tokens largely faltering. Data up to 27 April says that BTC fell by 16.3% and ETH dropped […]
S&P 500 Spike Triggers Ether To Surge Past $2,930
The crypto market has persisted in tracking the stock market closely. The trend has been recently noted in the market performance of Ethereum, the second-largest crypto by market cap. ETH climbs as S&P 500 records gains Per data from crypto market behavior analysis platform, Santiment, following a positive close in the S&P 500 index the The post S&P 500 Spike Triggers Ether To Surge Past $2,930 appeared first on CoinGape.
What Is Ankr (ANKR) Coin And Is It A Good Investment In 2022?
E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading What Is Ankr (ANKR) Coin And Is It A Good Investment In 2022? at E-Crypto News.