Ethereum Price Surpasses $1.4K Amid Merge Trade - BitcoinEthereumNews.com

With Bitcoins price rising past the $22k level and breaking its one-month high, Ethereum is also showing significant price hikes, growing by over 10% in the past 24 hours and surpassing $1,470, inching closer to $1.5k, which it might hit this week if the crypto bull market continues.  Ethereum Network Inches Closer to Switching to Proof-of-Stake  ETH price is up over 28% in the past seven days as the network inches closer to switching from a proof-of-work to a proof-of-stake consensus model.  After successfully integrating the Shadow Fork 9 into its mainet last week, Ethereum is set to switch the consensus model of its network to proof-of-stake in September, one of the main reasons for ETHs positive price performance the past week.  Analysts call Ethereums recent price hike the “merge trade,” referencing the upcoming Ethereum network merge as a likely culprit for the increase in price, trading volume, and change in the market sentiment of ETH.  Some traders go as far as to predict that Ethereum could overtake Bitcoin in terms of market capitalization in the next few months. For ETH‘s valuation to surpass BTC’s, Ethereum‘s price must exceed roughly 15% of Bitcoin’s value. For example, if Bitcoin trades at $30k, Ethereum must trade above

2022-07-18Ethereum

Ethereum Experienced A Whopping 15% Rise In Its Value: Here’s Why  - BitcoinEthereumNews.com

Ethereum rose by 15% on Saturday showing a major rally.  Ethereum has also outperformed Bitcoin in terms of trading volume on futures markets.  Much-anticipated The Merge is being touted as the main catalyst for the second largest cryptocurrency.  On Saturday, the top-altcoin Ethereum traced a bullish rally having increased by 15%. The cryptocurrency reached its highest level since June 13. At the time of writing, the top altcoin was trading at $1,482.99, a 9.27% rise in the past 24 hours.  Sa Hunyo 13, ang cryptocurrency reached $1,422, the highest since June 13. In the last 24 hours, around $196.72 million worth of Ethereum short positions has been liquidated. This is because of the massive rise, shows data from Coinglass. In addition, Ethereum even surpassed Bitcoin in terms of trading volume on futures markets on Saturday.  On July 16th, Ethereum managed to gain as much as 12% against Bitcoin. The ETH/BTC pair touched its highest level since late May. Experts believe it was in response to its ninth shadow fork going live on July 14. Though the timeline is still not final which means highly-awaited The Merge is going to be delayed again.  In December 2020, the Beacon Chain, the proof-of-stake version of the Ethereum blockchain was

2022-07-18Ethereum

Strong Rally Incoming for Ethereum (ETH), Predicts Popular Crypto Strategist – Here’s His Target - BitcoinEthereumNews.com

crypto EthereumStrong Rally Incoming for Ethereum (ETH), Predicts Popular Crypto Strategist – Heres His Target07 / 18 / 2022Balita ng Ethereum ng Bitcoin  A widely tracked crypto analyst believes that leading smart contract platform Ethereum (ETH) is gearing up for a massive rally as it begins to flash signs of strength.  Pseudonymous crypto strategist Altcoin Sherpa tells his 180,200 Twitter followers that he sees a huge surge incoming for Ethereum in the coming weeks after ETH took out its resistance at $1,281.  Although the crypto analyst is bullish on top altcoin in the short term, he warns that the rally wont likely be the start of a fresh bull cycle.  Here are some levels. I think that we see something like $1,700-$1,900 in the coming weeks. This is NOT a macro reversal, in my opinion, just another bear market rally. Exponential moving averages flipped bullish on the four-hour chart for the first time since end of March.  Source: Altcoin Sherpa / Twitter  Sa oras ng pagsulat, Ethereum is swapping hands for $1,356. A move to Altcoin Sherpas target marks an upside potential of over 40% for ETH.  Looking at Ethereum against leading digital asset Bitcoin (ETH/BTC), the crypto strategist says the pair has also torched its immediate

2022-07-18Ethereum

ETH increases 27% in 7 days, can it keep up this momentum? - BitcoinEthereumNews.com

Ethereum (ETH / USD) is one of the largest cryptocurrencies in terms of market capitalization.  In fact, ever since it was released, Ethereum has grown tremendously in terms of popularity, and so has the size of its ecosystem.  Ethereum is the home for a lot of decentralised applications (dApps, and non-fungible tokens (NFTs) and has laid down the groundwork for decentralized finance (DeFi) due to its smart contract support.  Shadow fork 9 launch and $150 million liquidation as catalysts for growth  Ethereum is staging a comeback rally due to reports of an update on its path towards “The Merge.”  Sa partikular, Ethereums Shadow Fork 9 went live on July 14. This was the ninth shadow fork, and it assessed the feasibility of the updates and releases brought on by the Sepolia hard fork testnet, which switched to Proof-of-Stake (PoS) on July 6.  According to data from Coinglass, on July 16, 2022, Ethereum saw $150 million in liquidated ETH positions.  When we go over the all-time high point of value for the Ethereum (ETH) cryptocurrency, we can see that Ethereum reached a value of $4,878.26 on November 10, 2021.  However, when we go over the performance of the token throughout the previous month, Ethereum (ETH) had its highest point

2022-07-18Ethereum

LDO Outperforms, MATIC Rises By 65% While Ethereum Gains Momentum - BitcoinEthereumNews.com

ETH is currently trading at $1481 on the daily chart | Source: ETHUSDT From TradingviewEthereum(ETH) Is On A Comeback Rally  Ethereum (ETH), the second largest coin, has recently crossed the $1,400 threshold. It has gained 9.31% over the previous 24 hours and is currently trading at $1,482.01. The currency has increased by around 29.32% over the past seven days, according to CoinMarketCap, and is thus gaining momentum.  Ayon sa nomics data, ETHs overall market cap increased by 8.78% over the last 24 hours to $179.11 billion. However, the price increase occurred after a week of poor performance and unfavorable market circumstances.  Although, the specific cause is unknown. The fact is that the price spike occurred right after the ninth shadow forks introduction on July 14. It implies that the price spike may be caused by the rising popularity of Ethereum and its impending “Merge” to Proof-of-Stake.  Mga Kaugnay na Pagbabasa | Kagustuhan Para sa Ripple XRP Surges sa BSC Whale  The Merge was covered during the most recent Consensus Layer Call of the Ethereum Foundation, which took place on Thursday. Tim Beiko, an Ethereum Foundation member, proposed September 19 as a tentative launch date, providing the most unambiguous indication that the Merge would happen soon.  The

2022-07-18Ethereum

Ethereum Tests $1.5K as Bitcoin Charts Fresh Monthly High (Market Watch) - BitcoinEthereumNews.com

Bitcoin EthereumEthereum Tests $1.5K as Bitcoin Charts Fresh Monthly High (Market Watch)07 / 18 / 2022Balita ng Ethereum ng Bitcoin  The bulls control over the market continues as bitcoin spiked to a new monthly high above $22,400. Some altcoins are also well in the green, with ETH charting a local peak of its own at almost $1,500. MATIC has soared by double digits.  ETH, MATIC, AVAX, ETC Lead  The past several days have gone quite well for most altcoins, and Ethereum has led the charge. Perhaps fueled by the recent 9th shadow fork going live, ETH has been on a roll. The asset dropped to around $1,000 on July 13 but has added almost 50% of value since then and is now close to $1,500. This comes after another 9% increase in the past 24 hours.  Some other larger- and mid-cap alts have impressed on a daily scale. MATIC is among those as it has soared by 18% to $0.9. Moreover, the asset is up by over 65% in a week.  ETC has seen a similar percentage surge in a day and now trades at $23. OKB and AVAX are up by around 10% to $14 and $24, respectively.  Although more modest, BNB, XRP, ADA, SOL,

2022-07-18Ethereum

Ethereum Rallies In July Up 29% For The Month, As Over 131 New Whales Appear - BitcoinEthereumNews.com

Ethereum starts the week with big gains.  Sa isang tiririt on Sunday, Santiment Feed revealed that DeFi king Ethereum had rallied over 29% in July alone and 14% in the last 24 hours as about 131 new whales showed up with massive accumulation since May.  “Ethereum has recovered quite well in July, up +29% for the month and +14% alone in the past 24 hours. Additionally, theres an increase in the key 1k to 100k ETH address tier since early May where 131 new whale addresses have popped up on the network,” tweeted Santiment.  It is worth noting that on Thursday, just before the weekend, Ethereum holders got more clarity on the timeline of the long-anticipated merge. On a conference call, Ethereum lead developer Tim Beiko disclosed that the Ethereum mainet migration to the Beacon chain is tentatively scheduled for September 19th.  The merge is the migration of the Ethereum network to the proof-of-stake consensus Beacon chain. Notably, the move is expected to cut down on the networks carbon footprint and improve its overall scalability and throughput.  Meanwhile, veteran trader Peter Brandt gave Ethereum investors and holders a reason to be cautious despite the latest price surge. Brandt, sharing his chart, highlighted that the latest

2022-07-18Ethereum

What awaits Ethereum Classic [ETC] after approaching key Fib. level - BitcoinEthereumNews.com

EthereumWhat awaits Ethereum Classic [ETC] after approaching key Fib. level07 / 17 / 2022Balita ng Ethereum ng Bitcoin  Ethereum Classic‘s [ETC] bulls have regained control ever since it bottomed out in mid-June. Their presence has been particularly felt in the last seven days during which ETC’s price action delivered a strong uptick. However, at press time, it was flashing signs of a bearish reversal after its latest rally.  ETC‘s latest rally kicked off on 13 July from the day’s low at $13.34. It has delivered a sustained bullish uptick since then. In fact, it peaked at $19.92 within the last few hours at press time, which means it pumped by almost 50%.  However, there seemed to be multiple signs suggesting that it might be about to cool down.  Mga palatandaan ng panahon  Ethereum Classics price, at press time, was trading near a Fibonacci retracement level. Any further upside will likely yield significant selling pressure near the $20.19-level. This is a significant price point, not only because of the Fibonacci retracement line but also because the same price zone provided support in May.  The probability of a reversal is further enhanced by the fact that the MFI entered the overbought zone. Its RSI was also closing in

2022-07-18Ethereum

Ethereum [ETH]: The true meaning of >130 millionaire whales coming back - BitcoinEthereumNews.com

EthereumEthereum [ETH]: The true meaning of 130 ‘millionaire’ whales coming back07 / 17 / 2022Balita ng Ethereum ng Bitcoin  The cryptocurrency market registered a much-needed surge recently, with the market cap up to almost $1 trillion. Ethereum, the worlds largest altcoin, led the charge with a 14% hike following recent developments around the Merge.  Joining the millionaire alley  ETH, at the time of writing, was trading around the $1.35k-mark thanks to renewed interest from enthusiasts. Whale activities just aided this cause, as highlighted by the analytical firm – Santiment. Following this jump, 131 additional whales returned to the network in the last 10 weeks alone.  Heres the ETH whale supply distribution status check –  Pinagmulan: Santiment  Looking at the aforementioned graph, Santiment idinagdag -  Theres an increase in the key 1k to 100k ETH address tier since early May where 131 new whale addresses have popped up on the network.  Moreover, the number of addresses holding 1+ ETH also Naabot an ATH of 1,554,716. So, its not just dominant buyers that deep-dived into this pool.  However, are these holders, be it old or fresh ones, seeing any profits? Well, yes.  CryptoRank evaluated the profitability of the most popular blockchains. Based on the data, it published a ranking of the top-10

2022-07-18Ethereum

Mabilis na Na-bump ang Trapiko ng Cloud Computing. Iyan ay Dapat Palakasin ang Stock. - BitcoinEthereumNews.com

KabuhayanMabilis na Na-bump ang Trapiko ng Cloud Computing. Iyan ay Dapat Palakasin ang Stock.07 / 17 / 2022Balita ng Ethereum ng Bitcoin  Laki ng tekston n  Ang mga ulat na ito, na sipi at na-edit ng Barrons, ay inisyu kamakailan ng mga kumpanya ng pamumuhunan at pananaliksik. Ang mga ulat ay isang sampol ng pag-iisip ng mga analista; hindi sila dapat isaalang-alang ang mga pananaw o rekomendasyon ni Barron. Ang ilan sa mga nagbigay ng ulat ay nagbigay, o inaasahan na magbigay, pamumuhunan-banking o iba pang mga serbisyo sa mga kumpanyang sinusuri.  n n Mabilisn n FSLY-NYSE  Malakas na Buy • Presyo ng $11.60 sa Hulyo 13  ni Raymond James  Pinapanatili namin ang aming Strong Buy na rating bago ang mga resulta ng ikalawang quarter. Ang aming pagmamay-ari na tool sa pagsubaybay ay muling hinuhulaan na ang quarterly na kita ng Fastly ay hihigit sa gabay. Bagamat ang mga trend ng trapiko sa Mayo ay nakadirekta sa aming mga pagpapalagay, ang data ng trapiko noong Hunyo ay dumating na mas malakas kaysa sa aming inaasahan. Mabilis [na ang cloud-based na platform ay nagbibigay-daan sa mga developer na gumawa, mag-secure, at magpatakbo ng mga application at website] nang apat na beses sa aming bagong 2023 na tinantyang

2022-07-18Industriya
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