Ethereum (ETH)

Ethereum price started a fresh decline from the $1,780 zone against the US Dollar. ETH price is now trading below $1,500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,390 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,280 zone. Ethereum price is struggling below $1,500 against the US Dollar. ETH/USD remains at a risk of more...

Mike McGlone – Senior Commodity Strategist at Bloomberg – argued that the crypto winter might last longer than previous market declines and the reason for it is the “Fed’s sledgehammer.” In the next few years, though, he expects the industry to emerge stronger than ever, with Bitcoin tapping $100,000 and Ethereum trading at $6,000 by 2025. He also touched upon “The Merge,” claiming that the event got “too hyped,” which is now causing short-term pain to investors. He also...

A hacker managed to steal $3.3 million worth of cryptocurrencies from several Ethereum addresses generated with the “Profanity” tool. The funds were drained even after the decentralized exchange aggregator 1inch warned users about discovering a severe vulnerability putting millions of dollars at risk. It had previously advised users owning wallet addresses generated with the Profanity tool to transfer their assets to a different wallet. 1inch Security Report In early 2022,...

After Ethereum’s switch to a proof-of-stake, the bears took control of the market. Investors have turned away from high-risk assets like equities and cryptocurrencies. The ETH weekly candle closed at $1,334 yesterday, which is a new low. Technical Analysis By Grizzly The Daily Chart The price is currently down 27% from the high of $1,789 reached on September 11th. The lowest level touched in today’s session is $1,280, which is just above the 200-week moving average (in...

[PRESS RELEASE – Please Read Disclaimer] At 06:43 (UTC) on Sept. 15, 2022, Ethereum completed its merge at the block height of 15,537,393 and officially switched to the proof-of-stake consensus mechanism. From then on, Ethereum bid farewell to the seven-year proof-of-work (PoW) mining era. At the same time, Ethereum had officially hard forked from Ethereum, retaining the PoW consensus. As the network token ETHW of the Ethereum forked chain, it has been actively opened for...

On the nervous global backdrop, the much anticipated “Merge” eventually transpired as a sell-the-news type of event. Cryptocurrencies suffered fresh declines in the wee hours of Monday morning. The global market cap fell to $909 billion, with a trading volume of $79.54 billion over the past 24 hours. Major assets such as Bitcoin and Ethereum slid below $19k and $1.3k, respectively, recording double-digit losses in the past day alone. With the palpable nervousness across...

[PRESS RELEASE – Please Read Disclaimer] An NFT gaming project full of utilities is preparing for its public mint. Sure, you have heard the same thing a lot of times, “a new project with utilities” and whatnot, but this is not like your regular project. Prime Aeternas is an under-development trading-card, play-to-earn, quest-based game on the Ethereum blockchain. What sets it apart from other gaming projects is its Quest mode which is the space for a tournament linked to...

[PRESS RELEASE – San Francisco, United States, 19th September 2022] Ankr, one of the world’s leading Web3 infrastructure providers, is thrilled to announce that it has partnered with the decentralized Ethereum scaling platform Polygon to enhance the building experience for Web3 developers who want to create application-specific blockchains with Polygon Supernets. Powered by the modular blockchain stack Polygon Edge, Supernets is EVM-compatible, interoperable, highly...

With so many people worried about how much energy is utilized by mainstream cryptocurrencies, it’s strange that more individuals don’t turn their attention to TRON, one of ETH’s biggest competitors. Is TRON the Ultimate Energy Saver? There are many arguments surrounding the amount of energy use in the crypto space. It appears bitcoin mining uses more energy than many developing countries (there have been countless reports published on this issue), for example. People...

Ethereum-Preis bald auf 3'000 US-Dollar? Am 15.09.2022 verlief der Ethereum Merge erfolgreich und die Blockchain von Ethereum läuft nun mit dem Proof of Stake Konsensmechanismus. Proof of Work ist damit Geschichte. Nun könnte der Ethereum Kurs auf bis zu 3’000 US-Dollar steigen. Der derzeit noch verhaltene Kurs nach dem Merge ist auf diverse Faktoren zurückzuführen: unter anderem darauf, dass die grossn Kryptobörsen aus Sicherheitsgründen den...