Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval
ETH price is lagging behind BTC's recent gains, but data signals that traders are confident in the altcoin breaking through $4,000 in the short-term. Ether (ETH) price is lagging Bitcoin's (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof of stake (PoS) validation and finally solve the high gas fees issue.Bitcoin and Ether prices at Bitstamp. Source: TradingViewMoreover, the increasing....
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Vitalik Buterin has set the next Ethereum’s milestones for 2017 and 2018. According to his paper ‘Opportunities and Challenges for Private and Consortium Blockchains’, Ethereum 3.0 with ‘unlimited’ scalability will be released in late 2018. Ethereum’s success brought smart contracts in focus. The Ethereum platform has generated much furore of late particularly after the crowdfunding of The DAO - or the Decentralized Autonomous Organization - and the subsequent spike in the price of the currency of the platform, Ether, from less than a dollar to $15 in six months. A sane level of clarity....
Most DeFi users have heard of Ethereum’s high congestion issues, but few are aware of the controlling forces operating behind the scenes, and how badly they can be impacted by this single problem. When traders send a regular transaction via the Ethereum network, it is susceptible to attacks from bots or front-running software run by […]
Jaxx, the combination bitcoin/ether wallet from the KryptoKit team, has been approved by Apple and is now available for download on the iOS App Store. Jaxx: First Ether Wallet on iOS. It is the first iOS wallet to transact in ether, the native currency of Ethereum’s smart contract platform. Despite not being intended for use as a spending currency, ether....
Bitcoin’s price spiked above $61,800 as the promise of a BTC ETF approval reignited the discussion on whether the top-ranked cryptocurrency will hit $100,000 by the end of the year. Optimism is bordering euphoria in the cryptocurrency market after a trove of documents pointed toward the eventual approval of Valkyrie’s Bitcoin (BTC) exchange-traded fund, or ETF, application by the United States Securities Exchange Commission before the end of the month. Data from Cointelegraph Markets Pro and TradingView shows that price action for BTC spiked in the early trading hours on Friday, with bulls....
Ether’s price has been sideways for 27 days, but pro traders are not confident about the $2,500 support, according to derivatives. Ether (ETH) investors are having a rough time in 2022, with ETH accumulating 25% losses year-to-date as of March 17. Still, the cryptocurrency has bounced multiple times near $2,500 over the past couple of months, signaling a solid support level.Ether/USD price at FTX. Source: TradingViewOn March 15, Ethereum developer Tim Beiko announced that the Kiln testnet — formerly Ethereum 2.0 — successfully passed the Ethereum “Merge.” The process involves taking....