A recent post on CryptoQuant by TemptingBeef has confirmed that the number of staked Ethereum on the ETH 2.0 deposit contract has now exceeded 100,000. This means that the number of staked ETH is now more than 5% of the amount of Ethereum that is currently in circulation. Chart showing the amount of staked ETH…
Ethereum attempted a decent recovery, but it failed above $2,000 against the US Dollar. ETH price is trimming gains and it might continue to move down towards $1,850. Ethereum failed to clear the $2,050 and $2,060 resistance levels. The price is trading well below $2,000 and the 100 hourly simple moving average. There is a…
StakeHound has announced that it is suing crypto-custody firm Fireblocks for the loss of 38,178 ETH that has been rendered inaccessible due to negligence of the company. The press release said that they had been informed of the incident on the 2nd of May 2021. But all efforts to resolve the issue were not successful.…
Ethereum crashed to $1,770 in one of the worst days for the first cryptocurrency by market cap in 2021. At the time of writing, it has reclaimed the high area around these levels and trades at $1,991 with a 4.6% profit in the daily chart. ETH moves sideways and tries to reclaim the $2,000 mark.…
Ethereum dived towards the $1,700 level before it started a strong recovery against the US Dollar. ETH price is back above $2,000, but it is likely to face hurdles near $2,060. Ethereum extended its decline below $1,800 before it started a steady recovery. The price is still trading below $2,100 and the 100 hourly simple…
Cardano founder Charles Hoskinson has predicted a quick victory of Ethereum over Bitcoin. Charles Hoskinson talked about cryptocurrencies and why he believes ethereum is poised to overtake bitcoin in the near future. He started by talking about the speed of bitcoin transactions. Pointing to the sluggishness of the network and how slow it is in…
Ethereum extended its decline and it even broke the $2,000 support against the US Dollar. ETH price is now recovering and it might correct higher towards $2,150. Ethereum extended its decline below the $2,050 and $2,000 support levels. The price is now trading well below $2,200 and the 100 hourly simple moving average. There was…
More than $1 billion in crypto positions was liquidated last night which has led to a plunge in the market. Bitcoin price currently sits at a little above $32k, losing nine percent of its value. While Ethereum’s price currently sits at 2$k. Losing 10 percent of its value overnight. Twitter user Lex Moskovski tweeted a…
Ethereum remains in a bearish zone and it traded below $2,250 against the US Dollar. ETH price remains at a risk of more downsides below $2,000 in the near term. Ethereum extended its decline below the $2,250 and $2,150 levels. The price is now trading well below $2,250 and the 100 hourly simple moving average.…
Ethereum remains in a bearish zone and it traded below $2,350 against the US Dollar. ETH price could accelerate lower if there is a close below $2,300. Ethereum extended its decline below the $2,400 and $2,350 levels. The price is now trading well below $2,400 and the 100 hourly simple moving average. There is a…