Ethereum is the second largest cryptocurrency which maintains a strong user base after bitcoin in the marketplace. It has marked an incredible achievement securing a huge rise in its value throughout the year 2021. Ethereum made this year a memorable one for its community with innovative developments and upgrades for
Shortage is one of the most recent projects in Q4 2021, creating a continuous backing for its token to help with its overall value in the long term. The project describes its token as a safe-haven asset, leveraging Ethereum as the backing currency. Notably, the straightforward nature of its ecosystem
The total value of all cryptocurrencies fell by 2.33 percent to $2.39 trillion. Bitcoin has fallen below the $50,000 mark due to the bearish trend. In the last days of the year, the value of global cryptocurrencies plunged into the red. The total value of all cryptocurrencies fell by 2.33
Staking is the process of locking an amount of cryptocurrency for a particular time period to contribute to blockchain technology and earn network rewards. As of now, nearly 9 million ETH have been staked on Ethereum’s Proof of Stake system. This amount of ETH is locked until withdrawals are authorized
Ethereum (ETH) whale bought 4,000,0000 Matic tokens for more than $10M. In the last 24-hour 7,326,710 Matic purchased by a whale for $18,902,911. The world’s top web3 browser Opera is integrating Polygon with its browser. An Ethereum token that powers the Polygon Network is Polygon (MATIC). In the last 24-hour
Ethereum even fell below the 23.6 percent Fib retracement level. Whale Alert noted that the transaction was valued at USD 12,629,553. Ethereum attempted to break over the $4,020 and $4,050 resistance levels to gather momentum. ETH breached even the $4,050 mark and the 100-hour simple moving average. No more gains
The market swings were unfavourable for Ether. Bitcoin’s market is now in a tight battle between bulls and bears. A record $142 million outflow from digital asset funds between December 11-17 has led to a shift in market sentiment. Since the cryptocurrency market’s momentum has been flat lately, investors’ faith
Ethereum’s consolidation may last until mid-2022. Cowen says that Ethereum has been consolidating since early 2021. Ethereum (ETH) has gained 3% in the last 24 hours to recapture the $4,000 threshold as the market goes green. Ethereum is trading around $4,033. Bitcoin (BTC) is up 3.64 percent, recovering $48,000, while
The receiver might also get a wallet for bitcoin. Coinbase’s hot wallet is well rated. Though most people have never invested in or traded a cryptocurrency. It’s far more straightforward than you may think to do so as a present. Moreover, it has the potential to provide a significant profit.
Concerns over Bitcoin’s carbon impact have also taken a toll on the currency. Ethereum’s shift to proof-of-stake makes it a more substantial bet. According to crypto analytics company Santiment, Ethereum’s leading smart contract platform faces a sell-off based on several parameters. Santiment, despite the recent rise in ETH supply on
