Category: Cryptocurrency News

Ethereum started a fresh increase above the $3,750 level against the US Dollar. ETH price is now struggling to gain pace above the $3,850 zone. Ethereum started a steady increase above the $3,700 zone and $3,750. The price is trading above $3,750 and the 100 hourly simple moving average. There is a key bullish trend lien forming with support near $3,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the 100 hourly SMA to avoid a fresh decline in the near term. Ethereum Price Starts Decent Increase Ethereum formed a base above $3,600 and started a fresh increase. ETH was able to climb above the $3,750 resistance zone to move into a positive zone. There was a clear move above the $3,800 level and the 100 hourly simple moving average. A new weekly high was formed near $3,854 and the price is now consolidating gains. There was a minor decline below the $3,840 and $3,820 levels. The price traded below the 23.6% Fib retracement level of the recent increase from the $3,622 swing low to $3,854 high. It is now trading near $3,800 and the 100 hourly simple moving average. Source: ETHUSD on TradingView.com An immediate resistance on the upside is near the $3,820 level. The next major resistance is near the $3,850 level. A clear upside break above the $3,850 level could pump the price towards $4,000. Any more gains could send the price towards the $4,120 level. The main resistance is near the $4,200 level. Downside Break in ETH? If ethereum fails to start a fresh increase above the $3,850 level, it could start a downside correction. An initial support on the downside is near the $3,780 level or the trend line. The first key support is now forming near the $3,865 and the 100 hourly SMA. A downside break below the 100 hourly SMA could put a lot of pressure on the bulls. In the stated case, the price could decline towards the $3,740 support zone in the near term. It is near the 50% Fib retracement level of the recent increase from the $3,622 swing low to $3,854 high. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is near the 50 level. Major Support Level – $3,750 Major Resistance Level – $3,850

After Eminem revealed that he purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for $452K, both BAYC and Mutant Ape Yacht Club (MAYC) NFT sales have skyrocketed. Metrics indicate that on Sunday, January 2, 2022, MAYC’s seven-day trade volume of $93.02 million is up 93.41% and BAYC’s weekly volume of $78.26 million is […]

The gaming DAO includes a guild of over 40,000 players and 3,000 scholars across Indonesia and the Philippines.

Assume you start by holding zero ETH, so need to buy 32 at market rate to qualify as a validator, and also need a suitable computer (at home? or hosted?). ETH alone would be ~$120k, probably the bulk of the entire cost. How long would it take to earn back that starting cost? submitted…
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Pretty new to this space but seeing TAs on places like here, YouTube or Tradingview, just makes me think people are analyzing in a way that supports what they want. Youtube seems like the worst as it is just people with ridiculous thumbnails predicting crypto crash or BTC to $1,000,000! Also, on this sub seems…
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On May 9th, 2013 youtuber Davincij15 made a 6 minute video going over what Bitcoin is, and it’s potential, in his opinion at the time and pleaded with his audience to just buy $1 worth and leave it in a wallet. A lot of you don’t believe in the Bitcoin system and that’s fine. You…
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The number of billionaires that have invested in crypto increased last year, and that trend could continue into 2022 as fears over fiat intensify.

Apparently Ledger just added ethereum staking. Just read an article about it but I’m not clear on some things. The article I read says they use Lido for the staking service and there’s a 10% fee. I don’t exactly understand when the fee comes in to play. Does it mean when you complete the staking…
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submitted by /u/ttoasterzz [link] [comments]

What are your biggest crypto technology and crypto community-related predictions for 2022? Serious predictions only. Please do NOT post price predictions or shill specific coins. A few of mine: Bitcoin, being super conservative, will not have any large updates. Ethereum's beacon chain merge will happen mid-year and be largely uneventful. The focus will shift even…
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