Ethereum to $5500 - Here are the metrics that say it can

For a change, Ethereum has had a better week than Bitcoin. The world's largest alt has been recovering over the past few days, but went on to touch the $2600 mark only on Sunday. In fact, at press timThe post Ethereum to $5500 - Here are the metrics that say it can appeared first on AMBCrypto.

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Ethereum's co-founder has this to say about regulators playing catch-up with Musk, Dorsey

Cryptocurrencies are over a decade old now. Despite noteworthy growth, however, the lack of regulations has been detrimental to the space. In fact, across several nations, the first reaction from mostThe post Ethereum's co-founder has this to say about regulators playing catch-up with Musk, Dorsey appeared first on AMBCrypto.

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These crypto analysts say Ethereum could reach $4,500 by 2022. Here’s why

Ethereum (ETH) could be worth $4,596 by the end of 2021, say analysts on the latest quarterly Ethereum Price Predictions Report from the personal finance comparison site, finder dot com. The post These crypto analysts say Ethereum could reach $4,500 by 2022. Here’s why appeared first on CryptoSlate.

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Space Heaters, Starlink, Mining Batteries Are Musk’s Plans For Bitcoin

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Is it right to say this about Ethereum?

Ethereum is the second biggest cryptocurrency in terms of market cap. Naturally, any movement it makes will catch everyone’s attention. Or in this case, the lack of movement. Just recently, EthereumThe post Is it right to say this about Ethereum? appeared first on AMBCrypto.

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Ethereum's London network upgrade goes live on Goerli testnet

While recent price performances have been underwhelming, to say the least, on the development front, Ethereum seems to be surging ahead. It is in the news today after the much-anticipated London upgraThe post Ethereum's London network upgrade goes live on Goerli testnet appeared first on AMBCrypto.

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Here's when and why Ethereum is most likely to turn a bullish page

It is fair to say that Ethereum did not enjoy the last month of Q2 2021. The trend has looked weak from a bulls' perspective and ETH ended up testing its recent low range of $1700-$1750. Yet, we are rThe post Here's when and why Ethereum is most likely to turn a bullish page appeared first on AMBCrypto.

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Are there signs of Ethereum capitulating? Then what?

Less than a month ago, Ethereum, the world's largest altcoin, was trading at ATH levels of around $4,300. The crypto's price performance since, however, has been underwhelming, to say the least, with The post Are there signs of Ethereum capitulating? Then what? appeared first on AMBCrypto.

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Ethereum Co-Founder Has His Doubts Over Cardano’s “Scientific Method”

Much has been said about the rivalry between Ethereum and Cardano. The issue is compounded by Cardano Founder Charles Hoskinson having had a hand in Ethereum’s early days. Some say Cardano’s design and philosophy are based upon improving the weaknesses Hoskinson identified during his time there.

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What do recent market corrections say about 'Ethereum killers?'

2021 has seen Ethereum go on a parabolic run, with the world's largest altcoin climbing one ATH after the other over the past few months. While significant corrections over the past few days had pulleThe post What do recent market corrections say about 'Ethereum killers?' appeared first on AMBCrypto.

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Ethereum Price to Hit $19,842 by 2025 According to 35 Experts

Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl.

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What do these developments say about MATIC's price?

With the transition to Ethereum 2.0 likely to take more time, high gas fees and network congestion are still among the prevailing issues. Thanks to the same, the demand for alternative blockchain netwThe post What do these developments say about MATIC's price? appeared first on AMBCrypto.

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The Two Signals That Say Dogecoin Holders Are In For “Much Ow”

Dogecoin is the hottest crypto of 2021, taking a major bite out of Bitcoin and Ethereum’s gains this year.  These astronomical numbers the altcoin has done this year has sucked in more and more investors.

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How sustainable is YFI's current price run?

The past week saw a lot of growth across the cryptocurrency market, with Bitcoin and Ethereum seeing their values pushed towards new all-time highs. However, it is safe to say that the digital assets The post How sustainable is YFI's current price run? appeared first on AMBCrypto.

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Record $8B open interest on Ethereum futures shows the pros are 'here'

Analysts say billion-dollar liquidations are less of a risk even as the open interest on Ethereum futures hit a new high at $8 billion.

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Increasing Flashbots Usage Crashes Ethereum Gas Fees

Ethereum gas fees have dropped by a massive 50 percent and observers say the significant decrease is as a result of the widespread use of Flashbots by traders in place of Priority Gas Auction (PGA) bots.

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What Ethereum killer? On-chain data shows competitor networks are still behind

Critics say Ethereum’s soaring gas fees will cause the project to fall victim to its competitor blockchains but on-chain data suggests otherwise.

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Why traders say Ethereum will continue to outperform Bitcoin in the short-term

Traders are seemingly expecting Ethereum to continue to rack up gains against Bitcoin. The post Why traders say Ethereum will continue to outperform Bitcoin in the short-term appeared first on CryptoSlate.

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Here's why institutional interest in Ethereum has hiked so rapidly

It is safe to say that Ethereum is no longer playing second fiddle to Bitcoin. While there might be a massive difference between their market capitalizations, the community engagement is almost similaThe post Here's why institutional interest in Ethereum has hiked so rapidly appeared first on AMBCrypto.

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Ethereum 2.0 Staking Might Become Whale-Dominated, Here's Why

Leading US-based cryptocurrency ecosystem Coinbase has invited ETH2 enthusiasts to stake their coins through its pool. An Ethereum 2.0 researcher has something to say

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Privacy-focused Offshift evolves itself from DeFi to PriFi with branding makeover

The DeFi platform Offshift today announced a major rebrand. The protocol, which is built on Ethereum, will revamp its website, whitepaper and change how it interacts on social media.  Offshift, which runs on Ethereum and Polkadot, said in a Medium post the revamp will restructure its value proposition.  But the company did say that its […]

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First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains.

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Is January a good month for buying Ethereum Classic (ETC)?

The cryptocurrency market continues to trade in a bull zone, but Ethereum Classic’s price is still not able to surpass $6 resistance. Ethereum Classic (ETC) might still be undervalued despite all the problems, and some predictions say that this cryptocurrency could be again above the $40 level.

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Cardano (ADA) developers say DeFi could be integrated soon

Input-Output Hong Kong (IOHK) has been in the news lately, as the developer of Cardano (ADA) could be adding DeFi protocol to its new platform ideas. The Cardano project began in 2015 and was managed by Ethereum (ETH) when it was launched.

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Ethereum Drops Below Crucial Technical Pattern and Must Hold $430

Ethereum could undergo a stronger drop in the days ahead, analysts say, as the cryptocurrency slides below key support levels. Ethereum Loses Key Support Level on a Short-Term Basis: Analysis A crypto-asset analyst shared the chart below just recently, showing how the coin has moved below a rising wedge pattern.

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Bullish Pennant Predicts Ethereum Will Soon Shoot Towards $500

Ethereum has consolidated since hitting the $465 highs last week. It is neither up nor down in the past 24 hours. Still, analysts say that Ethereum is primed to move even higher in the weeks ahead.

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Analysts Think Ethereum Will Push Toward $500 After Bounce at $420

Ethereum has dropped since its $460 highs. The coin of the leading cryptocurrency currently trades for $440, though analysts say that it may catch a bid if it goes lower. Analysts are specifically eyeing the $420 region, at which point ETH should post a strong bounce.

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Ethereum Is At a Pivotal Support—and That’s Good for the Bull Case

Ethereum has strongly underperformed over recent days, but it may bounce soon. One trader noted that the coin has reached an important technical support level as per the Ichimoku Cloud. This is likely to result in a bounce, analysts say.

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Ethereum Could Break Dramatically Higher Once It Holds $500

Ethereum has undergone a strong surge over recent days that has brought it from the $360 range to highs of $420. Analysts say that it will undergo a macro move higher once it manages to flip $500 into support.

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New paradigm: Ethereum fees regularly surpass Bitcoin, and it’s good for ETH

Fees on the Ethereum blockchain network are consistently surpassing Bitcoin and industry executives say it could spark a “new paradigm. ” Cole Kennelly, who heads growth at Staked, institution-focused decentralized finance (DeFi) firm, said: “ETH fees are consistently materially higher than $BTC fees.

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CFTC Chairman Tarbert is Impressed by Ethereum, “Period”

Ethereum has faced a strong drop since the August highs of $490. The coin currently trades for $375, far below the aforementioned highs. The cryptocurrency remains in a fundamentally strong position, though, analysts say.

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Ethereum Is Likely to Perform Really Well in 2021 Due to Ichimoku Signal

Ethereum is likely to perform extremely well in 2021, analysts say despite the recent rapid drawdown in ETH’s price. The coin currently trades for $350, around 30% below the recent year-to-date highs of $490, set just a few weeks ago.

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FCA Bans Bitcoin and Ethereum ETNs and Derivatives

The British Financial Conducts Authority (FCA) has banned crypto Exchange Traded Notes (ETNs) and derivatives. They say cryptos are volatile, have “no reliable basis for valuation,” there’s “inadequate understanding” of...

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A Drop Under $300 Is the Path of “Least Resistance” for Ethereum

Ethereum could drop even lower than it has over the past few weeks as it faces strong resistance. Analysts say that the crypto asset is vulnerable to a drop under $300 in the coming weeks. The asset is running up against critical resistances around $360-375.

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PrimeXBT Analysis: Why Ripple Could Soon Outperform Bitcoin and Ethereum

Analysts at PrimeXBT say XRP is the one to watch in late 2020 and into 2021 as Ripple forecast charts suggest that XRP is set to significantly outperform Bitcoin, Ethereum, and the rest of the crypto market.

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Yearn.finance (YFI) yields are plunging: is this a risk for the Ethereum DeFi darling?

It’s fair to say that it’s been a slow past few weeks for the decentralized finance space. The post Yearn.finance (YFI) yields are plunging: is this a risk for the Ethereum DeFi darling? appeared first on CryptoSlate.

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Nexus Mutual Sees Active Cover Growing 10x, Now Token Price ‘Directly Linked to Adoption’

“DeFi is developing faster than you can say ‘protect me from the risks in DeFi’,” said Kayleigh Petrie, Director of Engagement at Nexus Mutual, an Ethereum based insurance protocol. Given the sector’s high risk, high gain motto, it makes sense the need for insurance coverage is growing in line with the sector, which has yet […] The post Nexus Mutual Sees Active Cover Growing 10x, Now Token Price 'Directly Linked to Adoption' first appeared on BitcoinExchangeGuide.

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Ethereum Price Drop Below This Level Could Mean Bigger DeFi Carnage

The price of Ethereum (ETH) has dropped from $488 on September 2 to below $380, falling by over 22%. If the correction of ETH continues, traders say decentralized finance (DeFi) tokens could further suffer.

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Fight fire with fire: MIT scholar suggests ETC counters 51% attacks

Game theory suggests ways for Ethereum Classic to deter double-spend assaults, say MIT researchers.

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DeFi experts say that Ethereum 2.0 is not the answer to high gas fees

A better solution might come up before it even exists.

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Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop

Yearn. finance (YFI) remains in an advantageous position despite its strong correction from local highs, analysts say. Like Bitcoin, Ethereum, and other top digital assets, YFI has faced a strong retracement over recent days as legacy markets have been crushed by a rising dollar.

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Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%

The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security.

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DeFi yield farming is an “unsustainable zero sum game”: Ethereum innovator

It’s been fair to say that Ethereum’s decentralized finance (DeFi) has entered a mania phase. A coin worth hundreds of thousands of dollars was minted due to a DeFi meme. The post DeFi yield farming is an “unsustainable zero sum game”: Ethereum innovator appeared first on CryptoSlate.

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Ethereum founder Vitalik Buterin: Unless you understand DeFi, it’s likely “best to sit out”

It would be fair to say that decentralized finance — better known as DeFi — has become Ethereum’s killer use case. The post Ethereum founder Vitalik Buterin: Unless you understand DeFi, it’s likely “best to sit out” appeared first on CryptoSlate.

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Bitcoin, Ethereum Thought Leaders Fight It Out over “SupplyGate”

Over the past week, Bitcoiners insisted that Ethereum’s total supply is impossible to calculate, however, those in the Ethereum community disagreed and say its relatively easy. It resulted in a huge debate of sorts, termed “SupplyGate” by those in the space.

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How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto

The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […]

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DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say

DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

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First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use Derivatives

As Ethereum starts its multiyear transition to a "staking" network, analysts say a reduction in token liquidity may push traders to derivatives markets. 

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Chainlink (LINK) Rips 10% Higher: Why Analysts Say More Upside Is Likely

Bitcoin and Ethereum faced strong liquidation events just 12 hours ago. Even still, Chainlink (LINK) has continued to push higher, basically disregarding what was seen as the worst cryptocurrency crash since “Black Thursday.

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