Bitcoin price targets 8-week highs as Ethereum reaches $1.8K
Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week. Go to Source Powered by WPeMatico
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Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week. Go to Source Powered by WPeMatico
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing. Bitcoin Bitcoin (BTC) was up for a … Read more
The first day of the main stage event included a keynote presentation from Ethereum’s Vitalik Buterin, 1inch Network’s Sergej Kunz, and Klaytn Foundation’s Sam Seo. Go to Source Powered by WPeMatico
“It’s a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced out of the market,” Vitalik Buterin said. Go to Source Powered by WPeMatico
The past two months have been relatively uneventful for cryptocurrency markets. Bitcoin and Ethereum have been trading sideways since mid-June, and despite minor bull rallies in July, the market is essentially unchanged. Trading volume is showing a significant drop today, with Bitcoin’s 24-hour volume down over 37% while Ethereum’s is down over 40%. The sharp … Read more
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One mainnet. The Arbitrum team says … Read more
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and … Read more
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction. Go to Source Powered by WPeMatico
Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move. Go to Source Powered by WPeMatico
After a relatively stagnant market activity this week, with Bitcoin managing to hold the $23k support level, Ethereum soars to $1,700, gaining 6% today. With the recent price hike, ETHUSD is nearing the 50% market capitalization of Bitcoin, inching closer to possibly overtaking BTC as the most-valued cryptocurrency by market cap. The global cryptocurrency market … Read more