Santiment data shows 2 addresses controlling over 45% of Ethereum transactions post-merge

Two addresses have processed over 45% of Ethereum (ETH) transactions since the blockchain network completed its transition to a proof-of-stake (PoS) consensus mechanism, according to Santiment data. 📊 According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain blocks can be attributed to … Read more

Bitcoin retests $21K as it takes back ground from Ethereum ahead of The Merge

Bitcoin is up 10.3% on the day following an overnight rally taking it back over $20,000 and testing the $21,000 resistance. Interestingly, the ETH-BTC chart shows that Ethereum gave up its recent gains against Bitcoin — falling 4% on the day. Ethereum rose 4.5% against the Dollar overnight but fell by a similar amount against … Read more

Ethereum Classic falls 13%; Cardano founder recommends Ergo for POW

Ethereum Classic (ETC) fell by 13.33% since Sept. 6 after Cardano‘s (ADA) founder Charles Hoskinson suggested Ethereum miners shift to Ergo while Ethereum’s founder Vitalik Buterin said that ETC’s welcoming community made it a good coin to mine. ETCUSD ETC had been trading as high as $41.52, but it fell by 19.73% within half a … Read more

Ethereum leads the charge against Bitcoin, rising 61% since June — Flippening price target at $3,750

Ethereum is outperforming Bitcoin ahead of The Merge in September, with the second largest cryptocurrency by market cap rising 61% against Bitcoin since June. The below chart shows the price of Ethereum against Bitcoin since 2018. ETH has finally passed the 0.077 BTC level not seen since January 2022; now just 12% off a 4-year … Read more

Ethereum breaks $1.8K first time since June crash – up 104% from local market bottom

The price of Ethereum has broken $1,800 for the first time since the market crash in June amid the Terra fallout. The bullish price movement comes less than a month from The Merge, which is scheduled for September. Ethereum rose strongly against Bitcoin on August 8 as it approached a key resistance that was last … Read more

Ethereum Classic up over 150% in July as ETH 2.0 draws closer

Ethereum Classic’s (ETC) value increased by over 150% in July, making it one of the top performing digital assets of the month. The asset was trading at $36.50 as of press time after shedding over 11% in the last 24 hours. Interest in the asset reached a crescendo when Ethereum (ETH) developers revealed the date … Read more

Bitcoin dominance up 20% in 2022 – what does this mean?

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Bitcoin (BTC) dominance continues to break through local highs, reaching 46.5%, while Bitcoin closed its ninth weekly red candle in a row. Dominance is a measure of Bitcoin’s share of the global crypto market cap. Source: Bitcoin Dominance on TradingView Until … Read more

Ethereum breaks support, drops to yearly low versus Bitcoin

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum has broken a support level it has held since November 2021 on the ETH/BTC chart. Ethereum, the world’s second-largest cryptocurrency by market cap, has fallen against Bitcoin by more than 20% since its peak in December. Source: TradingView Fear of … Read more

Bitcoin climbs as Fed confirms “inflation is much too high”

Bitcoin rose as much as 3% today as the chair of the Federal Reserve, Jerome Powell, directly addressed the American people, declaring that “inflation is much too high” and “we have the tools to bring inflation down.” Powell also gave the market some guidance as to what can be expected for the rest of the … Read more

BTC, ETH plummet amid US stock futures decline as investors prepare for Q1 earnings

The market price of bitcoin (BTC) dropped below $39,000 on April 18 in a declining trend during the Easter holidays. Meanwhile, ether (ETH) price fell below $3,000 for the first time since mid-March. The combined crypto market has lost almost $400 billion since early April, with analysts warning a “disaster in the financial markets” could … Read more