Price Surge in Ethereum, Bitcoin, and other Digital Currencies
- Brandon Davis
- January 16, 2023
- Bitcoin, Crypto, Ethereum, News
- 0 Comments
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Continue ReadingThe current expansion of platforms and tokens has made liquid staking the latest cryptocurrency story. Ethereum will undergo its Shanghai upgrade in March, which will release ETH staked on the Beacon Chain. Observers in the industry believe this will be good for liquid staking methods since they offer greater incentives and payouts. Compared to direct staking, they provide a more …
Continue ReadingVisa underlined its continuous interest in cryptocurrencies on Monday by issuing a paper outlining how it may one day engage with the Ethereum network on automated payments. The proposal explores the concept of ‘Account Abstraction,’ a developer proposal for Ethereum. The basic notion of this concept is to make Ethereum user accounts more like smart contracts by enabling users to …
Continue ReadingEthereum failed again to settle above the $1,300 resistance against the US Dollar. ETH is moving lower and might soon test the $1,220 support zone. Ethereum attempted another upside break above $1,300, but failed. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support …
Continue ReadingEthereum spiked above the $1,300 resistance zone against the US Dollar. ETH is correcting gains, but it remains supported near $1,250 and $1,230. Ethereum gained pace for a move above $1,300 before the bears appeared. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break below a major bullish trend line with …
Continue ReadingEthereum failed to clear the $1,250 resistance against the US Dollar. ETH is moving lower and might decline heavily if it breaks the $1,140 support. Ethereum struggled to gain pace for a move above the $1,250 resistance level. The price is now trading below $1,180 and the 100 hourly simple moving average. There was a break below a key bullish …
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