Tag: ETH

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Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto

A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck. The report further states that workers accepting their paychecks in crypto favor traditional cryptocurrencies such as ether and bitcoin, which…
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Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion

Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been burned worth over $6.9 billion using today’s exchange…
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Bitcoin and Ethereum Consolidate Gains, Key Hurdles Nearby

  Bitcoin price started a strong upward move above the USD 36,500 and USD 37,000 levels. BTC even rallied above USD 38,000, but faced sellers near USD 39,500. It is currently (11:25 UTC) consolidating gains near USD 38,500 and is up almost 10% in a day. … Read More: Bitcoin and Ethereum Consolidate Gains, Key Hurdles…
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Bitcoin, Ethereum Try to Recover Losses, Risks Remain 

  Russia’s invasion of Ukraine has sparked a sharp selloff in bitcoin. BTC declined below the USD 35,000 level and is currently (11:50 UTC) trying to recover losses once again. Similarly, most major altcoins are down over 10%. ETH declined below the USD 2,350 support level before recovering. XRP spiked below USD 0.65 and tested…
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Bitcoin, Ethereum, and Altcoins Tumble Alongside Stocks as Russia Attacks Ukraine

 … Read More: Bitcoin, Ethereum, and Altcoins Tumble Alongside Stocks as Russia Attacks Ukraine  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Avalanche price rallies 20% after report reveals $25M inflows into AVAX investment vehicles

But despite the strong rebound, AVAX remains trapped inside a broader falling range. Avalanche (AVAX) rallied by around 20% in the last two days as a new report revealed millions of dollars flowing into AVAX-based investment products. Penned by CoinShares, an institutional crypto fund manager, the report highlighted that Avalanche-based investment vehicles attracted about $25…
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Bitcoin and Ethereum Keep Moving Higher, LUNA and AVAX Extend Gains

  Bitcoin price gained pace above the USD 37,000 level and was able to clear the USD 38,500 resistance. It is currently (11:59 UTC) showing positive signs near USD 38,900 and might rise to USD 39,500. Similarly, most major altcoins are also rising steadily. ETH was able to clear the USD 2,650 and USD 2,700…
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Ethereum to $10K? Classic bullish reversal pattern hints at potential ETH price rally

Ethereum attracted roughly 18.36 million new addresses to its network in 2021. Ethereum’s native token, Ether (ETH), could reach above $10,000 in the coming weeks as it paints what appears to be an “ascending triangle” technical pattern. Ether’s price technicals: Bullish signs Ascending triangles are bullish continuation setups that appear during an uptrend. Analysts confirm…
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Bitcoin’s and Ethereum’s Downtrend on Pause, LUNA and HBAR Rally

  Bitcoin price started an upside correction above the USD 37,000 level. BTC even climbed above the USD 38,300 level, but it failed to gain strength and is currently (04:14 UTC) trimming gains near USD 37,900. In either case, it’s up 3% in a day…. Read More: Bitcoin’s and Ethereum’s Downtrend on Pause, LUNA and…
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Bearish Signal: Ethereum Exchange Balances Touch 3-Month High

Ethereum had seen its balances on exchanges decline through 2021. This happened despite continuous market rallies that sent the digital asset towards all-time highs. Investors had accumulated all through bull rallies instead of trying to dump their coins, leading to reduced supply on centralized exchanges. This was also propelled forward by the growing popularity of…
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