The prominent altcoin Ethereum (ETH) has surpassed the $3,120 mark, showcasing an uphill performance in the cryptocurrency market and outpacing Bitcoin. ETH’s current trading level, not seen since April 2022, is drawing significant market interest and hinting at potential future growth. The Ethereum surge comes amid the forthcoming Dencun upgrade,
In the midst of volatile investor sentiment, Ethereum’s technical landscape presents a series of hurdles, including potential trend reversals and critical resistance-support tests. The cryptocurrency recently made an effort to recover from the $1,690 zone, managing to surpass the $1,720 resistance level. However, much like Bitcoin, its upward momentum faced
Hong Kong initiated its steps toward legalizing retail cryptocurrency trading by introducing the two ETFs (Exchange Traded Funds) on the 16th of December. Both ETFs track the US-listed cryptocurrency futures, BTC and Ether. BTC and Ether are the first two futures ETFs that are been listed in the Asian exchange
Ethereum transfer costs are steadily dropping from May 11, 2022. On July 2nd,2022 – the average fee slipped lower to $1.67 per transfer. Notably, Ethereum network fee points out the same in November 2022. As the entire crypto market was bearish in recent months, there were massive price falls in
Bybit Leverage feature allows users to access greater yields using their funds as collateral With multi-layered liquidation, users can manage risks themselves against excessive losses. Bybit one of the fastest-growing cryptocurrency exchanges with over 2 million registered members, announced its new Liquidity Mining. Liquidity pools are collections of crypto tokens
Eminem, an American rapper and a best-selling music artist of all time with millions of fans around the world. The popular artist has a huge interest in collecting the NFTs. At present he owns around 166 non-fungible token (NFT) assets from 32 collections. On Thursday, Eminem became a part of
Crypto Market Cap Skyrockets 5.3% to Hit $2.05 Trillion Earlier this month, the crypto market has undergone a major drop. The market cap of Bitcoin has reached over $828 billion. In the past 3 days, the crypto market depicts a bearish trend, but on Thursday, the crypto market turned bullish
Over $1.2 Billion worth of ETH was withdrawn from centralized exchanges. Ethereum’s supply drops while its price rises. Bitcoin has consistent outflows from centralized exchanges. In the last 24 hours, over $1.2 Billion worth of ETH was withdrawn from centralized exchanges which fueled demand for the supply of Ethereum. As
Ethereum is surpassing Bitcoin as the most valued cryptocurrency in the world. Bitcoin (BTC) has begun to lose market dominance to Ethereum (ETH). According to the CEO of Celsius Network, Alex Mashinsky Bitcoin had the largest market capitalization but now Ether overtakes BTC. He says that Ether has already flipped
Fireblocks is facing a legal suit for failing to backup the private keys to the pockets. The lost pocket contained 38,178 ETH, estimated to be greater than $72 million at the time. Fireblocks Faces a Lawsuit The Crypto-custody provider, Fireblocks is an all-in-one platform to store, transfer, and issue digital
