Ethereum Financial News

Ethereum's native token Ether (ETH) has dropped about 17% against the U.S. dollar in the last two weeks. But its performance against Bitcoin (BTC) has been less painful with the ETH/BTC pair down 4.5% over the same period.

Pledge, a fundraising platform, has created "PledgeCrypto,2/51" which allows non-profits to accept crypto donations in more than 130 cryptocurrencies, including Bitcoin, Ethereum, and Tether, and then turn them into fiat money.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Voyager Innovations, the firm behind the Philippines' top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation. 

The correction in altcoins was steeper and sharper compared to the larger tokens. The rising cost of energy and disruption in the supply chain is hurting the sentiments further. All of the major crypto tokens were in the red on Tuesday. Solana and Shiba Inu dived about 9 per cent each, whereas Cardano and Dogecoin shed 8 per cent each. Terra fell 7 per cent, followed by Ethereum which declined 6 per cent.

Bitcoin is not just the best-known cryptocurrency but also the oldest. Six years ago, Bitcoin dominated the crypto market with 81% share, but that has fallen to 41%. At $803 billion, Bitcoin is still the most valued token followed by the fast-emerging Ether — the currency of Ethereum platform — at $389 billion. What has driven Ether’s popularity? And where is it headed? Aseem Gujar & Partha Sinha find out… Bitcoin may be synonymous with crypto as it was designed as an independent virtual currency that could also be a hedge against inflation. To facilitate Bitcoin transactions, blockchain — distributed ledger technology — was developed by its anonymous creators in 2008. A teen, who was introduced to crypto by his father in 2011, realised that restricting blockchain to financial transactions was Bitcoin’s shortcoming and went on to conceptualise a new platform called Ethereum in 2014. Presented ByDid you Know?DeFi is enabling

Ethereum (ETH) developers have described the first-ever shadow fork, designed to stress-test developers' assumptions on existing testnets and the mainnet, as successful. While several bugs and issues were found, the devs were quick to propose fixes.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Ethereum price showed a bullish future since mid-March. As it moved into the first week of April, ETH started to slow down its momentum, leading to a reversal. Due to the reversal, the smart contract token has set up a classic bearish setup that indicates a further downside.

Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network. 

Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus. 

As the market saw red again, the king coin and the top alt both took a dive in order to revisit levels that some investors had assumed would never be seen again. At press time, Bitcoin had fallen below $42k. Meanwhile, Ether [ETH] was changing hands at $3,048.36 after dropping by 6.27% in the past 24 hours and losing 12.39% of its value in a week.

Bitcoin (BTC) and most major altcoins have broken key support levels to start the week on a weak note. The crypto markets seem to be following the U.S. equity markets, which are being pulled down as investors reduce exposure to risky assets because of rising rates. 

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The crypto market traded lower over the weekend, with US inflation data, possible moves by the US Federal Reserve (Fed), and bearish-looking technology stocks all weighing on investors’ sentiment and causing worry about the way forward.

Despite the recent selling spree, Ethereum bulls have held on to the $3,100 support whilst the king alt showed gradual improvements on its 4-hour RSI. Similarly, Cosmos buyers showed up in the $25-$26 range to stall its ongoing sell-off.

Two new carbon-neutral cryptocurrency exchange-traded products (ETPs) have been launched on the Six Swiss Exchange, bringing the total number of crypto ETPs to 155.

Exchanges have long been more than just trading platforms: they’ve been used for fundraising, marketing promotion, brand exposure and more. Cointelegraph talked to Katherine Deng, VP of MEXC and founder of MEXC Pioneer, about the true role crypto exchanges are playing in the current crypto market and what else they can be doing.

The majority of the non-fungible token (NFT) market resides on Ethereum (ETH), tying the performance of the NFT market – to a degree – to the value of ether as most NFTs are priced in ETH.

Ethereum, and other cryptocurrencies fell over the weekend, they regained their winning streak on Sunday. BTC was trading at $46,000 early this week but has dropped to $42,000 after the hawkish comments of the US Federal Reserve. On Friday, BTC traded flat as the market picked up a bit digesting the remarks. While ETH has been performing well since the start of this week, as it is about to unveil its upgrade this year, we can expect the second-largest cryptocurrency to make more significant moves. On Saturday, the global crypto market cap was down by nearly 3 per cent over the past day. BTC, ETH, and other cryptocurrencies are running in red as usual as they dip over weekends.

Over the last five days, Ethereum (ETH) fell toward its long-term Point of Control (POC) and found support near its 200 EMA in the $3,100 zone.