Price Analysis
Technical analysis points toward early bottoming signs in BTC and altcoins, but analysts forecast another sharp downside move.
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Ethereum News
Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures.
Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets.
Ethereum’s native cryptocurrency, Ether (ETH), not only provides an incentive structure similar to Bitcoin (BTC) in securing and maintaining the network but is also used as “gas” to run transactions through smart contracts. This functions as a security measure to protect the network from inefficient code and attacks by malicious actors.
At Cointelegraph, we are chronicling the progress of the Ethereum space. Will it become essential infrastructure for a more open, freer internet? Or will it be surpassed by other smart contract (or traditional) platforms vying for mind and market share?
Stay tuned.
- News
Some OpenSea users who heeded OpenSea’s call to call their inactive listings ended up losing their NFTs and their money.
2256 - News
The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13.
6068 - Market Update
Concerns over possible U.S. regulation add to nerves as market sentiment calls for losses, not gains, to form the next moves of Bitcoin.
11430 - Market Analysis
ETH bulls will need to keep searching for positive news, especially as bears apply extra pressure ahead of Friday’s $1.1 billion monthly options expiry.
7171 - News
NFTs are known for their transferability and commercial viability, but there are also downsides to those features, according to Buterin.
3525 - News
Bybit puts its money and faith in BitDAO and pledges recurring contributions now that its integration with the L2 Arbitrum network is complete.
557 - Video
Near Protocol co-founder Illia Polosukhin lays out his vision for Web3 and explains why Ethereum may not play a prominent role in its foundation.
7269 - Market Update
Bitcoin “isn’t shouting for bullishness” below $37,500, fresh analysis says, as the Fed’s latest comments deliver little direction.
4469 - News
Ark Invest’s new report predicts Ether’s market cap will have reached $20 trillion and Bitcoin’s price will have exceeded $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi.
14370 - Market Analysis
ETH’s price appears to be bottoming, but analysts are watching for $2,850 to flip from resistance to support before calling a bullish reversal.
13292 - Price Analysis
Bitcoin and altcoins are in a strong relief rally, but overhead resistance levels and expected comments from the Federal Reserve could impact the recovery.
9659 - Market Update
$39,600 is the favored short-term target, whether or not Bitcoin price action ultimately returns to downward momentum.
10264 - News
The Blockscan Chat service enables users to message each other via their Ethereum wallet addresses.
2084 - News
“By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated.
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