The cryptocurrency market is recovering from the bear hold after Bitcoin broke above $68K. While the largest altcoin, Ethereum (ETH) has not yet gained substantially. Notably, this month opened with an anticipated bull run, as it’s considered as Uptober. Over the day, the altcoin recorded the lowest price at $2,592.
Vitalik Buterin, co-founder of Ethereum, has outlined the blockchain’s ambitious future in a two-part blog series. His latest post, “Possible Futures for the Ethereum Protocol, Part 2: The Surge, sheds light on the next major phase following Ethereum’s transition to Proof of Stake (PoS) in 2022. Known as “The Merge,”
Ethereum surged to a 16-day high of $2,684, bolstered by a wave of bullish momentum over the past week, gaining 8%. The rally mirrors Bitcoin’s recent rise above $68,000, pushing Ethereum to peak levels. However, as of today, Ethereum has pulled back slightly, trading at $2,623, with new signs indicating
Ethereum has reached a critical juncture as its price surpassed the $2,579 resistance level on Monday, catalyzing a significant shift in market dynamics. This breakthrough has prompted a wave of activity among long-term holders, with older, less active coins suddenly changing hands. The movement of these dormant assets, particularly their
The largest altcoin, Ethereum (ETH), has briefly recovered from the significant downside pressure. The asset’s price remains caught between crucial resistance levels; it recently surged to the $2.6K range. Notably, over the past 24 hours, ETH witnessed a moderate spike of 3.13%. At the press time, ETH traded at $2,617
Ethereum co-founder Vitalik Buterin has recently taken to social media to share insights into the blockchain’s development and future. In a detailed blog post on October 14, Buterin reflected on Ethereum’s evolution since the Merge, the major 2022 upgrade that transitioned the network from proof-of-work (PoW) to proof-of-stake (PoS). While
Another week begins with investors still holding strong to their optimism. The community awaits the anticipated bull runs, while the price charts depict modest gains. In the last 24 hours, the overall crypto market has shown increases in both its market cap and trading volume. Notably, leading altcoin Ethereum has
Ethereum is currently trading at $2,463.82, marking a 2.13% increase over the past day. Despite this upward momentum, trading volumes decreased by 16.84%, reflecting a drop to $12.53 billion. Ethereum’s market cap now sits at $296.6 billion, contributing to the broader crypto market’s recent recovery. A trader bought 8.41 billion
The altcoin market has shown mixed signals from the start of the week. Ethereum (ETH), the largest altcoin, is grappling to sustain itself in the $2.5K mark. The asset’s price has been caught between the key support and resistance levels. Notably, ETH witnessed several price dips in the past few
Ethereum (ETH), the largest altcoin by market cap, continues to underperform in the crypto market. The cryptocurrency has been in a steady downtrend since falling below $3,400 on June 23. The much-anticipated “Uptober” has also disappointed ETH holders, with the altcoin hitting a monthly low and facing growing selling pressure.
