2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional markets is causing traders…
Ethereum Hits $250 Billion Mark: Is $3,500 Within Reach Already? Ethereum boosted its market cap to over $250 billion. ETH 2.0 is soon to launch its other phases this year. Ethereum might reach the bullish price of $3500. Ethereum, the crypto asset seated next to Bitcoin, boosted its market cap to over $250 billion. This…
Cloudflare to run Ethereum node experiment to help ‘build a better internet’ Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cyber security firm Cloudflare (NYSE:NET) is set to launch and fully stake Ethereum validator nodes over the next few months. It aims to study energy efficiency, consistency management, and network speed of the PoS…
Ethereum analytics firm Nansen acquires DeFi tracker Ape Board Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker. Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the firm announced to Cointelegraph on May 17.Continue Reading on Coin Telegraph
Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH’s price has been consolidating since May 11 inside a range defined by two converging trendlines. Its sideways move…
Polkadot vs. Ethereum: Two equal chances to dominate the Web3 world For most casual digital asset investors, the Ethereum 2.0 upgrade promises to be a game-changing event that will improve efficiency, reduce network costs and propel the entire blockchain and crypto space closer to a Web3 reality. Ethereum has been struggling with a lack of…
Will the Ethereum 2.0 update reduce high gas fees? Purpose of Ethereum 2.0The primary goal of the Ethereum 2.0 update is to improve scalability so that the network can handle more transactions without delays or high fees. While the full effects of the update will not be felt until it is fully rolled out, some…
Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH’s price has been consolidating since May 11 inside a range defined by two converging trendlines. Its sideways move…
Polkadot vs. Ethereum: Two equal chances to dominate the Web3 world For most casual digital asset investors, the Ethereum 2.0 upgrade promises to be a game-changing event that will improve efficiency, reduce network costs and propel the entire blockchain and crypto space closer to a Web3 reality. Ethereum has been struggling with a lack of…
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