Search results for ethereum

  • Bitcoin, Ethereum Fall, Dogecoin Defies Gravity: Analyst Sees No Strong Crypto Buyers Ahead Of Fresh Week

    Bitcoin and Ethereum traded lower, but Dogecoin spiked on Sunday evening, as the global cryptocurrency market cap declined 2.3% to $942 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2% 2.9% $21,052.35 Ethereum (CRYPTO: ETH) -3.2% 7.3% $1,203.12 Dogecoin (CRYPTO: DOGE) 8.8% 24.5% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Dogecoin (DOGE) +8.8% $0.07 ApeCoin (APE) +4% $4.73 Ethereum Classic (ETC) +2% ​​$16.9 See Also: How To Get Free NFTs Why It Matters: Bitcoin and Ethereum slipped into the red as the S&P 500 and Nasdaq futures fell 0.5% each at press time. The two largest coins saw muted volumes owing to the weekend. In contrast, Dogecoin soared with 24-hour trading volumes surging 113.1% to $908.65 million, according to CoinMarketCap data.  Data from the price-tracking website indicated that the meme coin was the best performing cryptocurrency intraday at press time. The bounce in DOGE came after the coin broke up bullishly from a double inside bar pattern and continued a solid uptrend on which it has been treading since it bounced off heavy support at the 5-cent mark on June 18, according to Benzinga’s Melanie Schaffer. “Bitcoin is still not matching the gains seen with equities as sentiment remains depressed. The selling pressure might be easing, but strong buyers are not yet emerging,” said Edward Moya, a senior market analyst with OANDA in a recent note, seen by Benzinga.’s “Crypto Fear & Greed Index” flashed “Extreme Fear” at press time. Investor sentiment remains unchanged from last week.  Although the value underpinning the index has risen from 9 to 12 in the period. A value of 0 means “Extreme Fear,” while a value of 100 represents “Extreme Greed.” Over the weekend, cryptocurrencies showed some resilience. Cryptocurrency trader  Michaël van de Poppe noted the movement and tweeted, “Standard weekend fake-outs happening and probably ending at CME close at $21.1K for [Bitcoin].” The analyst said there was no clear breakout above $21,600 for the apex coin at this point yet.  Standard weekend fake-outs happening and probably ending at CME close at $21.1K for #Bitcoin. No clear breakout above $21.6K at this point, yet. — Michaël van de Poppe (@CryptoMichNL) June 26, 2022 Justin Bennett said the cryptocurrency market is breaking support or looks ready to do it. He noted the upswing and said the market had a “small fakeout” above the $940 billion market cap.  “I doubt this holds much longer,” said the cryptocurrency trader in a recent tweet.  Everything is either breaking support or looks ready to.$TOTAL with a small fakeout above $940B. Now weighing on channel support. I doubt this holds much longer. $BTC $ETH — Justin Bennett (@JustinBennettFX) June 25, 2022 Ethereum is seeing a bout of profit-taking after a mid-sized bounce, said Santiment. The market intelligence platform tweeted that the whale activity in the second-largest coin was low and they were not the source of the uptick. #Ethereum is enjoying a nice weekend rise, and the #2 market cap asset's price is now up +30% in the past week. It appears there is quite a bit of profit taking on this mid-sized bounce, and the low whale activity indicates it isn't coming from them. — Santiment (@santimentfeed) June 25, 2022 Read Next: JPMorgan Says This Is The 'Fair Value' Of Bitcoin: Why Analysts Say BTC Is Going 28% Higher © 2022 Benzinga does not provide investment advice. All rights reserved.



  • Can Logarithmic Finance (LOG) Stake Up With Ethereum (Eth) In The Cryptocurrency Market?

    As Logarithmic Finance (LOG) has been introduced to the cryptocurrency market, it has become the new talking point alongside Ethereum (ETH). Logarithmic Finance (LOG) is the new layer-3 switching protocol that aims to link investors and developers smoothly and efficiently Continue reading Can Logarithmic Finance (LOG) Stake Up With Ethereum (Eth) In The Cryptocurrency Market? at

  • So Which Will Happen First, Ethereum At $10K Or Dogecoin At $0.50?

    Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum (CRYPTO: ETH) at $10,000 or Dogecoin (CRYPTO: DOGE) at $0.50? Here are the full results from this week’s survey: Ethereum will reach $10,000 first: 56.7% Dogecoin will reach $0.50 first: 43.3% CAN ETHER (ETH) HIT $10,000? According to our Benzinga team, a $10,000 ETH is possible within the next few years. ETH continues to process a high volume of transactions, it remains the leader in the dApp and decentralized finance (DeFi) space and seems poised to improve its scalability. Ethereum remains the dominant platform for blockchain applications, but the technology is rather new. As more and more developers learn to use the Ethereum network over the coming years, more dApps will exist on Ethereum, and more users will be drawn to the network… Read More Price Action:  Ethereum is flat Sunday at $1,230 Ethereum is otherwise higher by 19.60% over the past week Ethereum would need to rise some 713% from current levels to reach $10,000 Dogecoin is higher by 5.92% at $0.072 Sunday The meme crypto is higher by 26.77% over the past week Dogecoin would need to rise 594% from current levels to reach $0.50 This survey was conducted by Benzinga in June 2022 and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults. © 2022 Benzinga does not provide investment advice. All rights reserved.

  • Despite Difficulties Ethereum Merger on Sepolia Testnet Expected by July 6

    Kim said that Erigon and Hyperledger Besu nodes were to blame for the drop-off. A problem with nodes employing bonsai

  • This Week in Coins: Bitcoin and Ethereum Lead Sizable Recovery Among Top Cryptocurrencies

    Also: Jerome Powell and Christine Lagarde argued in favor of regulations.

  • Ethereum Mainnet to Undergo ‘Gray Glacier’ Upgrade Next Wednesday

    The Ethereum network will undergo a scheduled upgrade at block 15,050,000. The upgrade will prolong the Difficulty Bomb by 100 ...Read More...

  • Ethereum Whales Purchased Over 150 Billion SHIB in 24 Hours

    Shiba Inu (SHIB) has been recovering well over the last few days and is up around 41.39% over the last ...Read More...

  • Lido DAO begins voting on whether to limit its Ethereum staking dominance

    After a month of debating the issue, the Lido DAO is voting on whether to dilute its Ethereum staking dominance. The post Lido DAO begins voting on whether to limit its Ethereum staking dominance appeared first on The Block.

  • If You Invested $100 In Bitcoin Gold, Ethereum Classic And Dogecoin In March 2020, Here's How Much You'd Have Now

    Investors who have put money into major U.S. indices have enjoyed respectable returns since March 2020. In fact, the SPDR S&P 500 ETF (NASDAQ: SPY), Invesco QQQ Trust Series 1 (NASDAQ: QQQ) and SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA) have returned 69.11%, 70.70% and 63.31% since the bottom of U.S. markets in 2020. As good as investors in the major U.S. indices have had it in recent years, cryptocurrency bulls have had it that much better. Cryptocurrency and tech bulls who bought in 2017 and held through when U.S. markets bottomed out in March 2020, despite the marked volatility, have been treated to epic returns on their investment. Winners Since March 2020: Here’s how much $100 in each of the following cryptocurrencies back at the bottom of U.S. markets in 2020 would be worth today, according to data from Benzinga Pro: Bitcoin Gold (CRYPTO: BTG): $267.59 Ethereum Classic (CRYPTO: ETC): $354.44 Dogecoin (CRYPTO: DOGE): $3,884.30 © 2022 Benzinga does not provide investment advice. All rights reserved.

  • Ethereum Up More Than 9% In 24 hours

    Over the past 24 hours, Ethereum's (CRYPTO: ETH) price rose 9.7% to $1,212.22. This continues its positive trend over the past week where it has experienced a 10.0% gain, moving from $1,095.64 to its current price. As it stands right now, the coin's all-time high is $4,878.26. The chart below compares the price movement and volatility for Ethereum over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. The trading volume for the coin has decreased 9.0% over the past week, while the overall circulating supply of the coin has increased 0.87% to over 121.29 million. The current market cap ranking for ETH is #2 at $147.16 billion. Powered by CoinGecko API This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga does not provide investment advice. All rights reserved.

  • Fashion Brand Salvatore Ferragamo Opens Ethereum NFT Booth in NYC

    The upscale fashion designer joins the likes of Gucci, Prada, and Balmain embracing NFTs.