Ethereum (ETH)

While ETH’s price has fallen by double-digit percentages in the past few days, the Ethereum network has experienced yet another set of scaling issues of its own. The average transaction costs on the blockchain have surged to a fresh all-time high, while users complain about significant delays as well.Ethereum Fees to New RecordsCryptoPotato reported in early February that the average gas fees paid on the Ethereum network had spiked to a new record of above $22. In the following weeks, they...

Ethereum price traded to a new all-time high at $2,043 before correcting lower against the US Dollar.ETH price is currently trading well below $1,750 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue lower towards the $1,640 and $1,600 levels in the near term.Ethereum price is correcting gains from well above $2,000 against the US Dollar. ETH/USD...

Who would have ever thought that the world of blockchain technology and the world of art would ever collide? The past few years have shown that digital artists can, indeed, make a nice living with blockchain’s help, and now Christie’s Auction House is looking to get in on the action.Christie’s Auction House Views ETH with PositivityThe company has recently stated that all art pieces put up for sale or auction in the future can be paid for with Ethereum, the second-largest cryptocurrency by...

Unlike many digital tokens, the AXPR token is equipped with a burn function as well as a dual blockchain advantage as it sits on the Ethereum network as well as the Binance chain.aXpire is an enterprise software development firm that has been operating and providing top-quality services for 17 years. The firm offers digital transformation tools to businesses with spend management at the core of it all. The firm seeks to shake the blockchain world by becoming a powerhouse blockchain-agnostic...

Today’s correction has been the biggest one we’ve seen in quite some time, reminding many that ‘up only’ isn’t always true. While most cryptocurrencies saw serious declines, but Ethereum’s price on Kraken’s exchange definitely went through a roller coaster.Ethereum Flash-Crashes to $700 on KrakenKraken is one of the leading US-based cryptocurrency exchanges, and it even received a banking charter from the Wyoming Banking Board.This, however, played a little role today as its platform saw...

ETH/USD – Market Rolls OverKey Support Levels: $1760, $1681, $1600.Key Resistance Levels: $1875, $1960, $2000.Ethereum suffered a steep 10% price drop today as it plummets into the $1760 level. The cryptocurrency has been trading within an ascending price channel for the entire period of 2021.ETH had pushed higher over the weekend as it managed to break resistance at $2000 and reach the upper boundary of the price channel. Unfrotenutaly, the bulls could not close a daily candle above...

The cryptocurrency market went through a correction today as the total capitalization saw about $90 billion wiped off in a matter of hours. This happened as Bitcoin lost around $5000 of its value while the majority of the altcoins followed through with sizeable losses on their own.The cryptocurrency market was due to a correction, according to many analysts, and it appears that one may have just taken place.Bitcoin lost around $5,000 of its value in a matter of hours, bringing the entire...

Bitcoin may be hogging all the spotlight as of late, but we cannot discount some of the smaller competing altcoins that also call the crypto space home. One of those altcoins is Ethereum, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, Ethereum has hit a new all-time high of more than $1,900 per unit, and the asset appears to be on a serious roll.Ethereum Has Surged Like No Other CoinBitcoin doing well is typically good news...

This week was very interesting in the cryptocurrency market. Many things happened. Bitcoin reached a new all-time high, but so did a lot of other cryptocurrencies.All of the top picks we wrote about last week performed very well amid the booming bull market, and today we take a look at the top 5 altcoins that are worth paying attention to in the next seven days. Let’s have a look.Ethereum (ETH)Ethereum saw a very nice increase in the past seven days. In fact, it managed to break the coveted...

The cryptocurrency market is well-known for its intense price fluctuations, and the past 24 hours provided more proof. With BTC and most altcoins charting double-digit moves in both directions, this resulted in $1.74 billion liquidated on exchanges.The primary cryptocurrency had just painted a new all-time high (at the time) of about $57,600 before a vigorous correction drove the asset down to a low of $54,000 in a matter of minutes yesterday. BTCUSD. Source: TradingViewAs it typically...