The mythical merge is almost here. Ethereum’s transition from Proof-Of-Work to Proof-Of-Stake is the most talked about event in crypto at the moment, and money is flowing to that blockchain. That, in turn, translated into a decrease in bitcoin dominance. That metric measures the percentage of the whole crypto market that bitcoin represents, and it’s…
With the increased adoption and attention to non-fungible tokens, several platforms like OpenSea emerged as trading hubs. As a result, people needed suitable grounds to interact and transact with the numerous NFTs available in the space. Hence, some platforms have been trying to bridge the gap and serve potential investors of collectibles. OpenSea is an…
Crypto assets’ prices have recorded more volatility in recent times. There have been some spikes and pullbacks in the price of many. For instance, the beginning of this week saw Bitcoin moving farther from its $20K mark. Bitcoin lost its hold on the $20K mark on September 2, closing the market at $19,969. Since then,…
The road to the Ethereum groundbreaking upgrade has been fraught with diverse issues. Since the idea generation stage, the developers have put a lot of effort into the project. The journey is getting shorter since the team has reached the Bellatrix upgrade. Earlier, the Ethereum Foundation had already prepared the community for the upgrade. They…
Bitcoin shows no reversal, and many altcoins are still in the red zone. The market condition can be traced to several factors, such as the Federal Reserve’s hike in interest rates. A few weeks back, the crypto markets dropped even further after the announcement of the interest rate hike. Several altcoins, including Bitcoin and Ethereum,…
In this episode of NewsBTC’s daily technical analysis videos, we are going to look at Ethereum ahead of the Merge across a variety of timeframes using both the USD trading pair and versus Bitcoin. Take a look at the video below: VIDEO: Bitcoin Price Analysis (ETHUSD & ETHBTC): September 6, 2022 Not much has changed in…
The Bitcoin price has been stuck below $20,000 as Ethereum and other altcoins take over the price action and push the sector upwards. Ethereum just deployed the “Bellatrix” upgrade, the final step before “The Merge”, and the price of Ethereum is blazing through local resistance. At the time of writing, Bitcoin price trades at $19,900…
Ethereum has been hitting different milestones in the last year. However, with the announcement of a set date for the move to proof of stake, aka the ‘Merge,’ there has been a flurry of activity on the network, pushing it towards even more impressive records. This time around, the milestone has come in the form…
Ethereum is consolidating above $1,550 against the US Dollar. ETH could rally if there is a clear move above the $1,620 resistance zone. Ethereum is trading in a positive zone above the $1,520 and $1,500 support levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key…
Ethereum price has been trying to secure small gains over the last 24 hours. In the past week, the king altcoin brought home gains which were close to 6%. At the current moment, however, the coin was mostly moving laterally. Ethereum price had also broken below its head and shoulder pattern as seen in the…