Ethereum’s Ether token (ETH) enjoyed a "massive" rebound towards $3,000 on Aug. 5 as optimism flowed in after its London hard fork went live.ETH/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed ETH/USD climbing swiftly to local highs of $2,820 on Bitstamp Thursday.The sudden burst of enthusiasm countered a … [Read more...] about Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K
Approaches
Ethereum 2.0 approaches 6 million staked ETH milestone
Ethereum 2.0 is approaching what some are calling a major milestone in its short history — 6 million staked Ether (ETH). The Ethereum Launchpad, Ethereum 2.0’s portal for validators to stake their coins, shows some 5.9 million staked Ether and almost 180,000 validators powering the blockchain Wednesday.That averages out to just slightly more than the minimum 32 staked Ether … [Read more...] about Ethereum 2.0 approaches 6 million staked ETH milestone
Catalytic event or unbridled optimism? Coinbase approaches public listing
The Coinbase direct stock listing could be a rite of passage for the blockchain and cryptocurrency industry, and the announcement on March 20 by the United States Commodity Futures Trading Commission of a $6.5-million fine against Coinbase for “wash trading” and filing misleading information probably won’t do more than postpone by a few weeks the distinction of being the first … [Read more...] about Catalytic event or unbridled optimism? Coinbase approaches public listing
Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches
Bitcoin (BTC) briefly reclaimed the $60,000 level on March 18 as concerns over the strength of the equities market mount due to rising U.S. Treasury yields. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin began increasing in the late-night trading hours on March 17 and it briefly crossed above $60,150 before meeting overhead resistance. BTC/USDT … [Read more...] about Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches
Kyber Network (KNC) gains 40% as its 3.0 network launch approaches
The explosion of interest in non-fungible tokens over the past two months has taken some of the attention away from the decentralized finance sector but this doesn't mean that some projects are not seeing bullish breakouts.One project that has continued to work on expandin the capabilities of its ecosystem is the Kyber Network (KNC), an on-chain liquidity protocol that … [Read more...] about Kyber Network (KNC) gains 40% as its 3.0 network launch approaches