3 reasons Ethereum price risks 25% downside in June
A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead. Go to Source Powered by WPeMatico
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A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead. Go to Source Powered by WPeMatico
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi) educator, the $22.6 billion worth of ethereum that continues to grow won’t be … Read more
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and … Read more
The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE has lost 57% against the U.S. dollar in the … Read more
BTC and altcoins met resistance at a key moving average, leading traders to wonder whether the current pullback is a lower support test, or proof that bears are still in control. Go to Source Powered by WPeMatico
The broader crypto market has rebounded, with Bitcoin climbing back to $31,000 and beyond. Ethereum is attempting to break through the $2k barrier. After nine consecutive weeks of losses for Bitcoin, the crypto market recovered remarkably. Due to Sentiments, the Market Is Dull Cryptocurrencies have traded like tech stocks rather than as a separate asset … Read more
The elusive relief rally that BTC and ETH traders expected has arrived, but will the market sustain enough bullish momentum to catalyze a trend change? Go to Source Powered by WPeMatico
Data on the most well recognized nonfungible token (NFT) projects show that key metrics have fallen with floor prices and market capitalization over the past month. Go to Source Powered by WPeMatico
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the … Read more
Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term. Go to Source Powered by WPeMatico