Bill Barhydt, the CEO and inventor of the well-known cryptocurrency wallet service Abra, outlined why he believes Ethereum is a much better investment than Bitcoin. He has also set a price prediction of $40k for ETH, indicating his confidence in its future development. He also noted that Ethereum is utilized for a variety of reasons,…
Ethereum extended decline below the $2,525 support zone against the US Dollar. ETH price remained bid near $2,500 and currently attempting an upside break. Ethereum is still struggling to clear the $2,600 and $2,625 resistance levels. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish…
Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more than $28 billion in Total…
On Thursday, the cryptocurrency market experienced another roller-coaster day, with some coins declining. One such example is Bitcoin which fell 5.9% to $39,432 when writing these words. The bitcoin market is still bearish, with prices dipping below $40,000 today. This comes after a slew of positive news about US President Joe Biden’s executive order that…
Ethereum extended decline below the $2,600 support zone against the US Dollar. ETH price could even retest $2,445, where the bulls might appear. Ethereum remained in a bearish zone below the $2,650 support. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish trend line forming…
Ethereum implemented the EIP-1559 in 2021 and since then, ETH has been burned every day. This upgrade has pushed the network towards becoming deflationary, taking more than 30% that would have gone straight into circulation and burning it. Now, only seven months after the upgrade was implemented, the network has reached another milestone of ETH…
Ethereum failed to surpass $2,780 and corrected lower against the US Dollar. ETH price must stay above $2,570 to start a fresh increase in the near term. Ethereum struggled to clear the $2,780 zone and corrected gains. The price is now trading below $2,650 and the 100 hourly simple moving average. There was a break…
Ethereum started a decent increase above the $2,600 resistance against the US Dollar. ETH price is gaining pace and could even rally above the $2,720 zone. Ethereum formed a base above $2,500 and started a fresh increase above $2,600. The price is now trading above $2,600 and the 100 hourly simple moving average. There was…
Cryptocurrencies are on the rise again, with some stability in sight. Over $1.7 trillion worth of cryptocurrency, the global market cap has increased by 0.51% today alone. It seems like the crypto markets are finally starting to recover. Bitcoin rose by 1.61%, while Ethereum also showed a slight uptrend in the recent 24 hours, going…
The ESG-focused mining company HIVE is the latest organization to sign a deal with Intel. It joins Block, Argo Blockchain, and GRIID, as the first clients and testers of the giant’s new ASICs. Intel’s Bonanza Mine project is quickly becoming one of bitcoin’s stories of the year. It’s funny that, so far, no one has…