3 reasons why Chiliz is up 35% this week — and where is CHZ price heading next?
A mix of fundamental, on-chain and technical catalysts has driven the CHZ price to its best levels since April 2022. What’s next? Go to Source Powered by WPeMatico
Ethereum
Auto Added by WPeMatico
What Is The Merge? A Brief Explanation of Ethereum’s Transition From Proof-of-Work to Proof-of-Stake
In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what’s changing under the hood is a very big deal. You’ve Heard About The Merge, Why Is It … Read more
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Monday’s Declines
Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin Bitcoin (BTC) prices were trading marginally higher on Tuesday, … Read more
Crypto Market Update – Bitcoin Price Trades Sideways, Holds Support at $21K as Trading Volume Rises
The cryptocurrency market remains relatively flat this Tuesday. Bitcoin and Ethereum prices have shown little changes in the past 24 hours. After dropping to the $21k range last week, the BTC price manages to hold support. The increase in trading volume suggests that the market could be preparing for its next move and pushing the … Read more
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer redemptions for the first time since April. Morgan Stanley Investors’ Note Says Crypto … Read more
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium. Go to Source Powered by WPeMatico
Bitcoin Price Remains at the $21K Range, Transaction Fees Drop Below $1
After trading at the $24k range for several weeks, Bitcoin prices fell last week as support levels failed. Bitcoin price has found a new range in the $21k area and managed to hold it through the weekend. Cryptocurrency markets remain flat this Monday, with little change in 24-hour trading volume for Bitcoin, Ethereum, and other … Read more
Bitcoin, Ethereum Technical Analysis: ETH Below $1,600, BTC Under $21,000 to Start the Week
Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session. Monday’s sell-off saw the majority of the cryptocurrency top 100 in the red, with the global market cap down 1.61% as of writing. Bitcoin also slipped, once again falling below $21,000. Bitcoin Bitcoin (BTC) … Read more
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted addresses would not be able to transact or operate in the … Read more
World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero. Largest Ether Mining Pool to End PoW Ethereum Mining — Ethermine Ethereum Mining … Read more