Also from the chart, the following can be observed: Ethereum’s death cross could occur around mid-July to early-August The 50-day moving average is also acting as considerable resistance for Ethereum at current levels of $2,380 Ethereum’s daily trade volume is in the green, confirming renewed buying interest in Ethereum The […]

A three months long falling wedge appears to be forming on ethereum and other cryptos, including bitcoin. The falling wedge pattern forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, […]

Ethereum has processed $4 trillion worth of transactions in the first half of 2021 with it set to clear $8 trillion transactions this year for the first time. According to blockchain analytics from Messari, ethereum saw a 3x increase in the first quarter, settling $1.5 trillion in transactions, up from […]

Ahead of the much-awaited London Upgrade, cryptocurrency exchanges have to contend with accelerated withdrawals of ETH, on-chain data by CryptoQuant reveals. Staking on Eth 2.0 As of July 5, ETH reserves in all leading cryptocurrency exchanges had dropped to a two-and-a-half-year low. At the backdrop of this is relatively high […]

London-based multinational professional services firm EY has open-sourced the prototype code for its zk-proofs Ethereum Layer 2 solution, Nightfall 3. EY Releases Code for Ethereum Layer-2 Scaling Solution According to a report by The Block published July 2, auditing and accounting giant EY has open-sourced the code for Nightfall 3 […]

The CEO of Twitter and Square Jack Dorsey is a dyed-in-the-wool bitcoin maximalist. While the Crypto Twitter community has been relentlessly recommending altcoins to Dorsey, his love affair with bitcoin — and not any other cryptocurrencies — has only grown deeper. Bitcoin All The Way For Dorsey Today, the CEO […]

Ethereum has briefly risen above $2,000 once again while bitcoin has overtaken $34,000 with stocks in green as dow rises 0.7% while the S&P 500 sees a gain of 0.56% as it reaches a new all time high of 4265. Gold is somewhat stagnant instead after falling from above $1,900 […]

Ethereum 2.0 has finalized the specification for the full transition to Proof of Stake (PoS) known as The Merger according to a dev call. Tim Beiko, the ethereum 1.0 coordinator, said eth 2.0 “now has a proper specification on the consensus (a.k.a. eth2) side.” He said the specification “started as […]

The fee burning ethereum upgrade, known as Ethereum Improvement Proposal (EIP) 1559 is set to have its first testnet block on Ropsten this June 24th at block number 10499401. That’s according to Tim Beiko, the ethereum 1.0 coordinator, who after a dev call stated: “With all clients comfortable with their […]