Ethereum Surges Towards $370, Denying Expectations of Further Losses
Ethereum fell as low as $315 in September as a strong selloff rattled the markets. Since those lows, ETH has bounced back in notable fashion. The coin currently trades at $369, its highest price in many days as buyers finally step back into the market after an altcoin carnage. Ethereum is leading Bitcoin higher as of this article’s writing, outperforming BTC’s 1.5% gain with a 5% move higher. ETH’s move higher came after many investors […]
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Ethereum is currently consolidating losses below the $350 pivot against the US Dollar. ETH price remains at a risk of a sharp decline unless it surges past $345 and $350. Ethereum traded as low as $333 and it is currently consolidating losses. The price is facing a major resistance near $345 and the 100 hourly […]
BTC, the Nasdaq and the S&P 500 have all reacted positively to the Fed’s policy which came in line with expectations.
As Bitcoin price continues to enjoy an upward thrust, Ethereum, Ethereum Classic and Monero continue to struggle. Bitcoin is heading towards clear blue skies. A 12.5 percent appreciation of the digital asset over a period of one week is no joke. While it is good news for Bitcoin, the same can’t be said for other promising cryptocurrencies. Ethereum. Ethereum has been having its fair share of problems even before the increase of Bitcoin price. Under sustained attack, transactions on the Ethereum network almost came to a standstill, with each transaction taking hours if not days for....
According to Nvidia’s Q2 earnings report, Ethereum mining GPUs didn’t perform up to expectations. And that’s despite the company noticing a record 68% increase in total revenues. Nvidia Q2 Revenue Surges 68%, While Crypto Mining Cards Underperform Nvidia has announced the financial report for second quarter of fiscal year 2022. As per the report, the […]
Grayscale Investments announced it will sue the U.S. SEC for denying its application to convert its fund into a spot bitcoin ETF.