Ethereum (ETH)

Ethereum Name Service (ENS) domains skyrocketed in July as the project witnessed the largest monthly rise in revenue. The total number of registrations has surpassed the whopping two million barrier. Ethereum Name Service, most popularly known as ENS, describes itself as a web3-friendly, decentralized protocol that links complex strings of alphanumeric machine-generated characters to human-friendly names. The not-for-profit naming system is powered by the Ethereum blockchain,...

Ethereum’s correction continues for the 4th day in a row, hat the excitement about the upcoming Merge in September is beginning to slow down. That said, the mid-term structure of ETH remains somewhat bullish, although bears currently seem to have the upper hand. Technical Analysis By Grizzly The Daily Chart After 74 days, the bulls aspired once again on August 13 to reclaim $2,000 (in red) but were unsuccessful. Bears managed to barrel the price down about 8% from the...

INTERNET CITY, DUBAI, Aug. 15, 2022 – LBank Exchange, a global digital asset trading platform, will list AbleBlockChain Token (ABC) on August 17, 2022. For all users of LBank Exchange, the ABC/USDT trading pair will be officially available for trading at 13:00 (UTC+8) on August 17, 2022. As a private blockchain based on Ethereum, AbleBlockChain aims to become the most powerful blockchain mainnet that enhances convenience, speed, and security while being compatible with...

Bitcoin’s dominance is steadily declining and now fell below 40%, now standing at 39.05%. This came as a result of Ethereum outperforming the top cryptocurrency by market cap due to its price increase before the long-awaited merge. The most valuable cryptocurrency pair, BTC/USDT, is currently trading at $24,095.98, while Ethereum, the second-largest cryptocurrency by market capitalization, has risen to $1,895.48, up 11.47% in the last week. The top...

Coinbase – the largest cryptocurrency exchange in the United States – will temporarily suspend Ethereum-based deposits and withdrawals during September’s “merge” upgrade.  The exchange posted a blog post on Tuesday explaining what to expect from both Coinbase and Ethereum following the network’s long-awaited transformation.  Ensuring a Smooth Transition Per Coinbase’s announcement, the suspension – which will impact all on-chain ETH and ERC-20 token movements – is to ensure...

Compound Labs has announced the first smart contract deployments for Compound III, which will create a USDC market on Ethereum.  The contracts await activation by Compound governance but are now open to review by the community.  According to the latest update from Compound’s protocol development log, the deployment brings Compound III “just a governance proposal away from being live.” One of the smart contracts involved is a ‘configurator’, which will allow Compound to set...

Ethereum price started a downside correction from the $2,000 zone against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,820 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,780 zone. Ethereum price is correcting lower below $1,900 against the US Dollar. ETH/USD could rise again...

Ethereum has experienced a 6.6% correction from the daily high it recorded at $2012. The critical support level lies in the price range between $1700 and $1800, and it is very important for ETH to keep above it to prevent any further declines. Technical Analysis By Grizzly The Daily Chart Ethereum is moving along inside a rising wedge (in yellow), which is technically a bearish pattern. Simultaneously, the trading volume on Binance is decreasing. This suggests that buyers are...

The Crypto Finance Group - comprising two FINMA-regulated financial institutions and part of Deutsche Börse Group - offers professional digital asset solutions. Crypto Finance (Asset Management) AG, the first regulated crypto asset manager for collective investments authorised by the Swiss Financial Market Supervisory Authority (FINMA) joins the Asset Management Association Switzerland (AMAS) as a new member. This first-of-its-kind membership,...

The bulls have been in control of the market for more than a month. They have managed to push the price by more than 100%. The majority of this rally has been without a considerable correction, begging the question if one is pending following the test of the critical $2K level. Technical Analysis By Grizzly The Daily Chart Buyers still dominate the market and push the price up. They were able to return to the $2,000 level after 74 days. In the meantime, a critical resistance...