The fifth-largest Ethereum mining pool – Flexpool – announced it will no longer provide services to customers in Russia. By doing so, the entity opposed Putin’s military operation and showed solidarity with Ukraine. The mining company became the first in its field to halt its endeavors on Russian soil. This comes a day after the largest country by landmass sent military troops in Ukraine and endangered the peace in Eastern Europe. Flexpool stated that it usually stands away...
Read More »Ethereum Price Analysis: ETH Collapses to $2.5K, Where to Next?
Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 The correction appears to have ended, at least in the short term, with the price touching the key support at $2,500. Now there is a worthy attempt to go higher towards the key resistance at $2,800. After closing in red for six consecutive days, ETH may finally have a green one. Chart by TradingViewTechnical Indicators Trading Volume: Today’s volume is rather weak. If the reversal is to be trusted, then...
Read More »Ethereum Price Analysis: ETH Tumbles 18% in 4 Days, Will Key Support Level Hold?
The market took a nosedive over the weekend, and now ETH is on a clear path to retest the $2,500 support. According to market data by CoinGecko, ETH has been down 4% over the past day and 18% since Thursday. Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 With a bearish cross on MACD and plunging price, the outlook for ETH is not great. The rejection at the $2,800 resistance has intensified the sell-off. ETH is now heading towards the key support...
Read More »Market Watch: Bitcoin Plummets to a 2-Week Low at $38K
Bitcoin’s troubles only intensified in the past 24 hours as the asset dropped by a few thousand dollars again to a 16-day low of $38,000. The altcoins are deep in the red as well, with Ethereum at $2,600, Cardano well below $1, and AVAX beneath $80. Bitcoin Dumps Again It’s safe to say that bitcoin has seen better days which weren’t all that long ago. Just on Tuesday and Wednesday, the cryptocurrency recovered from its latest dump to $42,000 and jumped to nearly $45,000....
Read More »Bloody Weekend Watch: BTC Fights for $40K, ETH Dumps Below $2.8K
The bears continue to put pressure on the crypto market as bitcoin dropped below $40,000 for the first time in two weeks. The altcoins are also deep in red once again, with Ethereum sliding beneath $2,800 and massive price drops from Solana, Avalanche, MATIC, and others. Bitcoin Struggles Around $40K It was just three days ago when the landscape around the largest cryptocurrency seemed significantly more bullish. The asset had recovered from its latest dips to $42,000 and...
Read More »Twitter Fully Incorporates Ethereum Tipping And Wallet Support
Twitter is delving a step further into the crypto ecosystem, now allowing users to tip each other in Ethereum, alongside Bitcoin. The feature is currently only available on mobile. According to Twitter’s updated tipping policy, users who agree to it can “copy someone’s Bitcoin or Ethereum address and paste their address into whatever wallet [they] use.” In September, the platform introduced Bitcoin tipping over the lightning network, allowing users to connect their lightning...
Read More »Ethereum Price Analysis: As ETH Lost $3K, Here’s the Next Critical Support
Key Support levels: $2,805, $2,200 Key Resistance levels: $3,000, $3,400 ETH failed to sustain the rally and broke the uptrend, with prices now falling to the key resistance at $2,800. Bulls have the last chance to defend there. If they fail, then the next key support is found at $2,200. The $3,000 level has turned into resistance and buyers seem unlikely to have the momentum to push the cryptocurrency back above it. Chart by TradingViewTechnical Indicators Trading Volume:...
Read More »Ethereum Fees Have Not Been This Cheap Since October of 2021
Cryptocurrency fans may celebrate the entry of their favorite tokens into the mainstream audience thanks to the impact of the Crypto-Bowl. Still, Ethereum lovers have one more reason to rejoice, as trading ETH hasn’t been this cheap in months. This phenomenon extends to L2 solutions as well, with almost all of the most popular infraestructures hittting less than $1 on average to send ETH and between $0.31 and $2.18 to swap tokens —a more complex operation— according to L2Fees...
Read More »Ethereum Price Analysis: Following 17% Weekly Surge, ETH Eyes This Level Next
Key Support levels: $3,000, $2,805 Key Resistance levels: $3,400, $3,750 Despite a decreasing volume as the price goes up, ETH continued to perform well this week and increased substantially. The key resistance sits at $3,400, and the cryptocurrency appears ready to test this level before any significant pullback. The support at $3,000 has held well and may be revisited if ETH is rejected at the key resistance. Chart by TradingViewTechnical Indicators Trading Volume: The...
Read More »AssangeDAO Concludes Fundraise After Securing 17,422 ETH ($54 Million)
Dedicated to restoring Assange’s freedom, AssangeDAO started its fundraising on February 3. Less than a week later, it has concluded its efforts after managing to rake in 17,422 Ether from 10,000 users. Helping Embattled WikiLeaks Founder Julian Assange The newly-formed AssangeDAO’s mission was to raise enough funds to help free Julian Assange. It aimed to acquire ETH in return for the JUSTICE governance token to bid on a 1/1 NFT. The NFT in question was made by well-known...
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