Ethereum (ETH)

Ethereum recently concluded its final dress rehearsal, dubbed Shapella, on the Goerli testnet en route to its mainnet upgrade. The Ethereum Shapella upgrade is on course for launch following its successful activation on the Goerli testnet. According to reports, this development is in the final phase before the upgrade goes live on the mainnet. With the Ethereum Shapella upgrade mainnet development, stakers can unstake their Ethereum (ETH) from the protocol. According to Ethereum developer...

Litecoin started a fresh decline below the $80 zone against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $88 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $85 and $88 resistance levels in the near term. Litecoin price is struggling below $85 against the US Dollar, similar to bitcoin. LTC price could...

America’s largest cryptocurrency exchange is expecting a flood of staking withdrawal requests after Ethereum developers enable the functionality next month.  While providing details about how the upgrade will impact the business on Wednesday, Coinbase said it could take “weeks to months” for unstaking requests to be fully processed. Shapella is Coming In a blog post on the matter, Coinbase explained that the upcoming Shanghai and Capella upgrades (collectively known as...

Although Bitcoin has experienced a significant surge in the last few days, Ripple’s price action has been more stagnant, with no specific direction and limited volatility. However, the cryptocurrency is currently in a tight range and will likely exit soon, possibly leading to an impulsive move. Technical Analysis By Shayan The Daily Chart The cryptocurrency market experienced a bullish trend this week, with many assets, including Bitcoin and Ethereum, seeing a surge in price....

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Ethereum’s Co-Founder – Vitalik Buterin – recently sent 200 ETH (approximately $350,000 at current valuations) to an address belonging to the crypto exchange Kraken and 500 ETH (over $875,000) to the DeFi protocol Reflexer. He deposited the 500 ETH to mint 150,000 RAI tokens, exchanging most for USDC.  The stablecoin passed through some turbulence lately, depegging from its target after Circle revealed a whopping $3.3 billion exposure to Silicon Valley Bank (SVB). The peg has...

Ethereum price is moving higher above the $1,620 resistance against the US Dollar. ETH price is now trading above $1,600 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,625 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,600 support zone. Ethereum price is consolidating above the $1,620 level against the US Dollar. ETH/USD could rise further if it...

Bitcoin surged by 6% minutes after US President Joe Biden assured that the American banking system is “safe.” Many alternative coins, including Ether (ETH), Binance Coin (BNB), and Cardano (ADA), also headed north. The recent collapse of Silicon Valley Bank and Signature Bank caused severe panic, with some predicting a further contagion in the sector. In a highly anticipated speech, the President of the United States – Joe Biden – stated that Americans should have confidence...

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