The launch of Ethereum 2.0 (ETH2 or Serenity) has long been expected. It was first slated to arrive earlier this year, but multiple delays have pushed back the launch date to ensure that security is maximized. There was recently a scare that it was delayed once again. Ethereum Foundation researcher Danny Ryan said that the…
Ethereum’s decentralized finance space has seen parabolic growth since the start of 2020. In the past nine months, the value of coins locked in DeFi contracts has surged from around $500 million to $10 billion — a statistic that may actually undershoot true values. Simultaneously, tokens pertaining to the DeFi space have seen a strong…
While legacy markets and Bitcoin have rejected from local highs, Ethereum has been holding up well. Since the launch of Uniswap’s UNI token, the price of the leading cryptocurrency has surged around 6-7%. From the lows set earlier this month, the coin is up in excess of 20%, shocking some commentators who thought this market…
Earlier this week, Ethereum plunged as low as $310-315 as legacy markets tumbled, dragging crypto lower. The cryptocurrency has since undergone an extremely strong bounce, recovering 25% to the $389 level where ETH sits at now. Analysts are eyeing $392 as a level for the cryptocurrency. One says that if that level is confirmed as…
Ethereum is pushing higher after temporarily retracing due to weakness in the stock market. The price of the leading cryptocurrency just pushed up to $375, which is near a multi-day high and an important resistance region around $380. Analysts think that the asset is primed to move even higher as the asset forms a technically…
Ethereum has faced a strong correction over the past few days that easily overshadows Bitcoin’s move. From the local highs near $490 to the local lows, the cryptocurrency fell by over 35%, shocking most investors as they were bullish just days before. ETH has already bounced since falling as low as $315, undergoing a rapid…
Ethereum could bounce towards $500 after dropping from its $480 highs. The leading cryptocurrency now trades for $380, having been pressured lower by Bitcoin dropping, which itself was catalyzed by weakness in legacy markets. Related Reading: These 3 Trends Suggest BTC Is Poised to Bounce After $1,000 Drop Ethereum Could Soon Jump to $500 One trader…
Ethereum has room to rally after surging 10% in the past 48 hours, according to recent on-chain data shared by Santiment. The blockchain analytics firm just noted that there are a number of trends suggesting ETH has room to extend to the upside. ETH’s latest bout of strength comes as Bitcoin has inched higher as…
Ethereum has seen a strong correction from the highs it has seen earlier this month. After peaking at $440, the asset has slid to $385 as of this article’s writing. ETH’s retracement comes as Bitcoin has also dropped, seemingly in response to some weakness in the price of gold and some strength in the U.S.…
Ethereum and Bitcoin have been subject to a strong correction over recent days. Both cryptocurrencies have dropped over 10% from their year-to-date highs, set just a week ago. ETH is set to return to its uptrend, though, according to one analyst. The analyst in question has been historically accurate, predicting months before it happened that…