Tag: ethereum

Ethereum gas fees were seen at high levels today, so much that Uniswap transactions cost nearly $500.  About 9.23 ETH are burned every minute due to the spike in the network fee. For days now, many Ethereum users have been complaining about the ridiculous gas fees which have rendered the network almost unusable for them. […]

Even with Ethereum’s strong run where the ETH Price has reached near $4k, on-chain data shows there is still more room for the bull rally to continue. Ethereum All Exchanges Taker Buy Sell Ratio Shoots Up As pointed out by a CryptoQuant post, the ETH all exchanges taker buy sell volume has shown a huge […]

Ethereum price started consolidating above $3,700 against the US Dollar. ETH price is supported above $3,700 and it could continue to rise above the $3,850 resistance. Ethereum price started a downside correction from the $3,850 resistance zone. The Ethereum price is now trading well above $3,700 and the 100 hourly simple moving average. There is […]

One of these early NFT projects is CryptoPunks: a set of randomly generated pixel-based avatars. Some of the rarest, most desirable CryptoPunks have sold for millions of dollars. Seriously! The market for crypto collectibles released as non-fungible tokens (NFTs) exploded in 2021, with $2.5 billion in transaction volume in the first six months as NFTs […]

Ethereum vs Cardano 2021 Thesis Summary: Cardano (ADA-USD) has recently become the third-largest cryptocurrency by market cap, surpassing Binance’s token, (BNB-USD). The question is why? ADA is a relatively new coin, founded in 2017, by one of the founders of Ethereum. Since its inception, it has returned over 7000%. In this article, let’s see the […]

Ethereum competitor Solana DeFi name roughly translates to sunshine. And, boy, is the blockchain heating up right now. The Solana network passed $2 billion in total value locked for the first time today, according to stat tracker DeFi Llama. Total value locked, or TVL, refers to how many crypto assets are tied up in decentralized […]

Crypto Taxes Infrastructure Bill The controversial crypto taxes introduced with the $1 trillion infrastructure bill have resulted in a last-minute frenzy keeping the entire crypto community on the edge of their seats. As per the latest tweets from pro-crypto Senator Cynthia Lummis, the final voting on the amendments will happen at 9 AM, August 9. […]

Ethereum price leads altcoins in recovery following July’s first massive selloff. Binance Coin bulls are eager to send the price above $300 as technical levels flip bullish. Ethereum Price Prediction – The crypto market has started changing red after 48 hours of bearish dominance. Key support levels have been put to the great test, with […]

Ethereum’s EIP-1559 upgrade is fast approaching, but derivatives data shows traders are less than optimistic about ETH’s short-term prospects to Ethereum Price. Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus Bitcoin’s […]

Cryptocurrency CRASH: At the time of writing this article (1900 EST), the following cryptocurrencies are crashed with double digits: Cardano (ADA) -17% Basic Attention Token (BAT) -16.1% Bitcoin (BTC) -11.59% Doge (DOGE) -36.75% Polkadot (DOT) -24.41% Ethereum (ETH) -16.54% Komodo (KMD) -28.53% ChainLink (LINK) -20.5% Litecoin (LTC) – 19.03% Stellar (XLM) -20.41% Monero (XMR) -23.44% […]

In brief EIP-1559 is a proposal put forward to help reduce gas fees. Ethereum’s network fees have made the network unusable for some projects. But some miners are against the proposal as it reduces the number of fees they earn. Ethereum developers have put forward a proposal to help solve the network’s high gas fees. […]

sentiment data for $XRP, Cardano’s ADA, Ethereum, and Polkadot (DOT) has started flashing a buy signal, according to cryptocurrency insights firm Santime In a tweet, the firm revealed that cryptocurrency traders have, on social media, started taking a bearish stance on these four altcoins, at a time in which the price of bitcoin started testing […]

Etheruem Price Analysis:  ETH continues to struggle with a 10% price drop over the past week. Against BTC, ETH dropped as low as 0.0628 BTC this weekend but has since rebounded as it battles to remain above the 50-day moving average line. ETH/USD – Market Falls Beneath 100-day MA Key Support Levels: $2330, $2250, $2200. […]

Price Analysis 6/7 Bitcoin and altcoins are likely to remain under pressure for a few days but lower levels could attract buying as per price analysis. United States Treasury Secretary Janet Yellen defended President Joe Biden’s latest massive spending package while speaking to Bloomberg. Yellen said it would be “a plus” for society even if […]

Ethereum’s DeFi ecosystem underwent a severe stress test on Wednesday after a crash in ETH’s price led to extreme network congestion. Ethereum miners earned $110 million during Wednesday’s crash, the largest daily revenue in the network’s history. Average transaction fees spiked to $300 for an ETH transfer. Liquidation on Ethereum’s DeFi platforms totaled $320 million […]

Ethereum declined heavily and it even tested the $2,000 support zone against the US Dollar. ETH price is attempting a recovery and it must clear $2,800 for a steady rise. Ethereum is down over 40% in a week and it even tested the $2,000 support zone. The price is now well below the $3,000 level […]

In what was yet another bearish day for the market’s alts, Ethereum dipped further into the red zone, but the $3,600-$3,810 range lent some support to the bulls. EOS fell towards the 61.8% Fibonacci retracement level close to the $10-mark. On the other hand, MATIC surprised the market by posting gains over the last 24 […]

Today’s Ethereum price prediction is bullish as the market rejects further downside after retesting the $3,600 support. Over the past hours, Ethereum has moved higher, indicating that we should see a break above the $4,000 mark later today. The overall market trades with a slight loss today. Bitcoin trades around the $50,000 mark and has […]