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The Dark Side of Ethereum
- February 22, 2021
- Posted by: admin
- Category: Ethereum News
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For the last six years, Ethereum has dominated the smart contract landscape and has been arguably the only viable platform for launching decentralized applications (dApps) — due to its sizeable developer community and first-mover advantage. But in the last year, Ethereum’s limitations have begun to show, leading to an exodus of sorts among its once
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Economist: Ethereum To Repeat Bitcoin Rally To $20K, According To Metcalfe’s Law
- January 19, 2021
- Posted by: admin
- Category: Ethereum News
Ethereum is now the second major cryptocurrency from the last bull run to break its former all-time high. One author and economist, however, claims that this is only the beginning of the top altcoin following in Bitcoin’s footsteps, and will soon rally to $20,000 mimicking the epic 2017 bull run. Here’s the theory behind the
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Ethereum Hits Three-Year High as Bitcoin Volatility Dims; Record Highs Ahead?
- January 19, 2021
- Posted by: admin
- Category: Ethereum News
Ethereum (ETH) reached levels it last tested in January 2018 as a less volatile Bitcoin kept creating upside opportunities in the $105 billion altcoin market. Ethereum blasts upwards towards its record high levels from early-2018. Source: ETHUSD on TradingView.com The second-largest cryptocurrency (by market cap) surged by roughly 10 percent on Monday to hit an
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Ethereum Analyst Sees Record High This Week as Price Climbs 60%
- January 4, 2021
- Posted by: admin
- Category: Ethereum News
The cost to purchase one Ethereum might exceed its previous record high this week. That is, according to Josh Rager. On Monday, the independent market analyst said that he sees ETH/USD making a run towards the $1,250-1,350 area as resistance. Meanwhile, a clear breakout move above the said range would have the pair test its
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Analyst Expects Ethereum Correction as Key Indicator Peaks
- December 22, 2020
- Posted by: admin
- Category: Ethereum News
Ethereum is down 7.5% in the past 24 hours as Bitcoin has begun to fall from its weekend peak. The leading cryptocurrency is currently under $600 for the first time in many days. Analysts fear a further correction is possible as Ethereum’s Stochastic relative strength index (RSI) has formed a near-term peak. Key Ethereum Indicator
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Bullish Argument for Ethereum Rapidly Losing Steam as $570 Is Lost
- December 9, 2020
- Posted by: admin
- Category: Ethereum News
Ethereum is primed to move lower in the days ahead as the cryptocurrency slides below $570 for the first time in many days. ETH is expected to see weakness in the near term as it slides below key technical levels with Bitcoin. One crypto-asset analyst recently shared the chart below, noting that Ethereum is moving
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Traders Eye Continuation For Ethereum Toward $900 After ETH2 Launch
- December 8, 2020
- Posted by: admin
- Category: Ethereum News
Ethereum is expected to shoot higher in the weeks ahead despite the recent price consolidation. The cryptocurrency has held well in the high-$500s despite some downward pressure in the Bitcoin price. Analysts think that ETH could push toward $900 and beyond in the near future, especially due to the positive fundamental event of the ETH2
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Breaking Down the Key Statistics of the Ethereum 2.0 Launch Date
- December 2, 2020
- Posted by: admin
- Category: Ethereum News
Ethereum 2.0 finally launched yesterday after months and even years of waiting. According to data from Dune Analytics, more than 900,000 ETH, worth over $500 million, was locked into Ethereum 2.0’s Beacon Chain. This is 166% more than the threshold of 524,288 coins required to launch the upgrade. There were 2,700 unique depositors running over
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Ethereum 2.0 Likely to Happen as Tens of Millions Sent to Deposit Contract
- November 24, 2020
- Posted by: admin
- Category: Ethereum News
Ethereum 2.0 seems to be confirmed to happen soon as deposits in the contract spike. Ethereum 2.0 Nears as Deposits Spike There is now 80% of the ETH needed to launch the upgrade by December 1st, as Etherscan shows. For some more context, there needs to be 524,000 ETH in the contract for the upgrade
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Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop
- November 19, 2020
- Posted by: admin
- Category: Ethereum News
Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it
