Category: Ethereum

Crypto analytics firm Santiment is warning investors that certain metrics show sell pressure on the horizon for top smart contract platform Ethereum (ETH). Though ETH has bounced back from the latest overall crypto market dip, Santiment says in a new blog post that the rising supply of ETH seen on exchange platforms is a bear

Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies. While high yields on staking and instant profits from flipping jpegs have proven to be very lucrative for investors, it’s important to remember that none of it would have been possible

Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional downside is in store. Amid the wider market downturn, several altcoins provided weary traders with

Trader and economist Alex Kruger is predicting a rally for the two biggest cryptocurrencies by market cap during the holiday season. Kruger tells his 104,800 Twitter followers that a rally driven by unleveraged traders could run till the end of the year. According to the crypto trader and economist, Bitcoin (BTC) could surge above $55,000

An under-the-radar altcoin is bouncing back faster than Bitcoin (BTC) as the crypto markets recover from their recent slump. Hybrid blockchain platform Kadena (KDA) has cleared the $2 billion market cap after rallying from a weekly low of $8.78 on Monday. KDA leaped to as high as $13.50 earlier today. Kadena was created by two

On Thursday, ConsenSys, a prominent developer of Ethereum (ETH) software, announced the launch of enterprise software ConsSys Rollups. The service, designed on the basis of zero-knowledge (ZK) proofs, is meant to protect specific transaction elements, such as account balances, sender and recipient wallet addresses, and transaction amounts to secure each user’s privacy. Zero-knowledge proofs enable

Crypto hedge fund veteran Su Zhu is saying that Bitcoin (BTC) and Ethereum (ETH) are both good investments, but this does not guarantee that they will continue to dominate crypto. In a new episode of the Uncommon Core podcast, the CEO and CIO of cryptocurrency hedge fund Three Arrows Capital explains why he sees the

Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it. Pitching for a global policy, Gopinath, who will soon take charge as the deputy managing director of the IMF, argued that if countries were to

A popular analyst and trader is laying out price targets for several crypto assets after some recent uncertainty in the markets. In a series of tweets, the pseudonymous trader Credible Crypto looks at the charts to give his 281,500 followers an updated price forecast for Bitcoin (BTC), Ethereum (ETH) and two altcoins he’s been tracking.

A popular crypto strategist and trader is saying that Bitcoin (BTC) could be on the verge of a deep corrective move that takes the leading cryptocurrency to macro range lows. Pseudonymous analyst Smart Contracter tells his 197,000 Twitter followers it is possible that Bitcoin may be trading in a wide range between $69,000 and $30,000. With