This is a success story. At least for now. Canadian rapper Tom MacDonald made a huge move by buying the top-billed item at Eminem’s first NFT drop. This man saw an opportunity, formulated a plan, and executed it without hesitation. You see, that particular NFT contained a beat produced by Eminem himself. And MacDonald knew […]

Competitors are milking Elon Musk’s misconceptions about Bitcoin’s energy consumption for all their worth. The general public and legacy media won’t shut up about this previously resolved can of worms. And when Vitalik Buterin, co-founder of Ethereum, received the question, he didn’t hesitate. Fortune quotes Buterin going all-in for Proof-Of-Stake, his consensus mechanism of choice: […]

Ethereum Price Prediction – May 26 ETH/USD bulls failed to climb above the daily high of $2889 level as the Ethereum price touched the daily [...]

Total crypto market cap erased $200 billion from its value for the period since Monday and now stands at $1.73 trillion. The top ten coins were mostly flat for the last 24 hours with just Polkadot (DOT) registering a 3.3 percent of a price increase. At the time of writing bitcoin (BTC) is trading atRead More

Ethereum failed to continue above $2,900 against the US Dollar. ETH price corrected gains and it is now trading near a major support at $2,640 and the 100 hourly SMA. Ethereum broke the $2,850 resistance, but it failed to gain pace above $2,900. The price is now testing the $2,650 support and the 100 hourly […]

Ethereum is back in red after a consistent rise toward $3,000. The breakout from last week’s key support at $1,750 failed to overcome seller congestion at $2,900. Note that the ongoing retreat is not unique to Ether but appears to be pulling the whole market down. Bitcoin has been rejected at $40,000 and currently seeks

The post Ethereum Price Forecast: ETH breakdown to $2,000 looms in the wake of rejection at $2,900 appeared first on Coingape.

DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption.

Ether moves past Bitcoin’s daily volume as the Grayscale ethereum trust trades at an 11% premium with the coin seeing a renewed interest in the aftermath of BTC’s price moves over the past week as reported in the Bitcoin news. Ether moves past bitcoin with its 24-hour volume topping the one of BTC by a […]

Yesterday, Ethereum fell to the low at $1,750 and commenced the resumption of the uptrend. Today, the biggest altcoin has risen and it is approaching a high of $2,500.

Ethereum Price Prediction – May 22There has been a strong dominance of downward pressure in the ETH/USD trade worth over some trading days’ sessions now. [...]

TL;DR Breakdown ETH reached $3,000 yesterday. Anther attempt to move higher rejected overnight. Closest support at $2,400. Today’s Ethereum price prediction is bearish as the market tested the $3,000 mark yesterday and started to reverse overnight. Therefore, we expect ETH/USD to move lower today to set another higher low around $2,400.  The overall market trades […]

Ethereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100 hourly simple moving average. There […]