[ad_2][ad_1] “Bearish” signal confirmed for ETH The exponential moving average (EMA) which is the average of the closing prices for a specific number of days divided by the number of days considered, is decreasing with the price of Ethereum (ETH). According to analysts, the EMA is below 10, which indicates …
Read More »Ethereum’s price exits the no-trade zone, but faces a huge supply barrier
[ad_2][ad_1] ETH / USD is positioned to retest the $ 680- $ 700 area once the $ 620 has been unlocked. On the downside, Ethereum’s critical support comes in at $ 550. ETH / USD stabilized above $ 600 and extended the recovery to $ 611 on Thursday after a …
Read More »Ethereum’s price exits the no-trade zone but faces a huge supply barrier
[ad_2][ad_1] ETH / USD is positioned to retest the $ 680- $ 700 area once the $ 620 has been unlocked. On the downside, Ethereum’s critical support comes in at $ 550. ETH / USD traded above $ 600 on Thursday and extended the rally to $ 611 after a …
Read More »Rollup to Preserve Ethereum’s DeFi Monopoly Despite Competitors: Messari
[ad_2][ad_1] Cryptographic data aggregator Messari believes the roll-ups will beat level one solutions in the race to scale Ethereum. Although the genesis of the Eth2 beacon chain was successful on December 1, analysts predict that updates covering the Ethereum 2.0 revision will not be completed until 2022. Therefore, Messari recently …
Read More »The grayscale divides Ethereum’s shares worth $ 1.6 billion, making them cheaper to buy
[ad_2][ad_1] In the letter Grayscale is reducing the Grayscale Ethereum Trust’s stock into nine pieces. This will make the individual shares of the trust cheaper. It will not affect the total value of the fund. Grayscale Investments announced today that it is dividing the shares of its Grayscale Ethereum Trust, …
Read More »EIP-1559 will not lower Ethereum’s high fees alone
[ad_2][ad_1] Source: Adobe / grejak Among many of the much discussed Ethereum (ETH) related events recently is the arrival of a particular Ethereum Enhancement Proposal (EIP) which is supposed to help reduce fees, but high fees are a scalability, not an issue of mechanism, says one expert. EIP-1559 is expected …
Read More »Ethereum’s Market Cap Exceeds GM, CME, and Tech Stocks – What’s Next?
[ad_2][ad_1] 2020 was an impressive year for the Ethereum network and the Ether (ETH) price. In November, the Eth2 deposit agreement was quietly launched and by the end of the month the contract had reached capacity with 524,288 Ether blocked. When Black Thursday occurred on March 12, almost all cryptocurrencies …
Read More »Chainlink (LINK) supports the development of Ethereum’s Gitcoin infrastructure
[ad_2][ad_1] Chainlink’s support for the Ethereum project shows that both platforms can complement each other. Chainlink plans to donate additional funds to the Gitcoin Grants Round 8 project. The partnership will enable further growth and sustainability of the Ethereum infrastructure. Decentralized Oracle Network Chainlink is participating in the Gitcoin Grants …
Read More »Ethereum’s DeFi space faces three notable bugs over the span of a Sunday morning
[ad_2][ad_1] The Ethereum DeFi space is scrambling this Sunday morning as this space has faced a number of bugs. Fortunately, it looks like all three will be fixed without too much trouble. However, these bugs show once again just how nascent this space is and the importance of managing risk …
Read More »Ethereum’s technical outlook strengthens as the market recovery begins
[ad_2][ad_1] Ethereum has closely followed Bitcoin’s price action over the past few days and weeks, which has led it to see some immense turmoil in recent times. Just two days ago, the benchmark cryptocurrency faced rejection at its all-time high that caused it to stagger from $ 19,500 to $ …
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