Ethereum To Drop 20% – ETH Price Might Hit $1500 In Coming Week

Ethereum, the second largest Altcoin is stuck in Rut for a long time. ETH price has crashed more than 60% from its ATH at $4864  dropping to $1703. All though the altcoin surged near $2K multiple times, ETH Price failed to rise above. The second largest Crypto hit  $1,724,  the lowest level in this cycle. …

Timeline of Ethereum

Following the all-time high (ATH) recorded in May, Ethereum's hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum's hashrate is coasting along at 129 PH/s and the network's top mining pool Ethermine commands 0.24% of the network's hashrate. Ethereum's Hashrate Captures Another Record High

A popular crypto analyst is drawing a line in the sand for Ethereum and warns of a significant price drop if the top altcoin capitulates from that level. The pseudonymous analyst known as Altcoin Sherpa tells his 176,300 followers that the leading smart contract platform needs to hold the $1,750 to $1,757 range or risk The post Top Crypto Strategist Warns Ethereum Investors, Says ETH at Risk of Nosedive appeared first on The Daily Hodl.

The arrival of cryptocurrencies has impacted the business world significantly. Casino operators have not been left behind and have pursued this technology with mere diligence. They offer a plethora of gambling platforms and opportunities gamblers and gamers can utilize.  Through cryptocurrency, gamblers can use digital currencies to undertake transactions in the most secure manner. Ethereum …

Arthur Hayes, the Former CEO of Bitmex, harped on the potential of Ethereum registering $10,000 in value by the end of 2022. But, he reiterates that the market could be turbulent, especially in the middle of the year.

The host of popular crypto analytics and market commentary show Coin Bureau says that Lido DAO ($LDO), which is “a community that builds liquid staking services and governs the direction of Lido”, could have a disproportionate effect on Ethereum's governance.  Speaking in a recent YouTube update, Coin Bureau's host “Guy” told viewers that Lido DAO

Things may be looking up for Ethereum (CRYPTO: ETH) with numerous on-chain data parameters painting a bullish picture for the coin. What Happened: Data shared by blockchain analytics firm Glassnode shows that today Ethereum blockchain's seven-day average block size reached a new all-time high, indicating a high level of activity on the network.

Ethereum's most popular DeFi wallet announced a partnership with the VillageDAO to scale customer support in a decentralized and secure manner. Consensys wasn't able to comment on which tokens will be used to incentivize VillageDAO members, but we speculate a native MASK token could be used for this utility in the future.

Ethereum core developer Tim Beiko, on 30 May, confirmed the much-anticipated Ropsten testnet trial of the Merge ‘around June 8 or so.' Thereby, aiding the largest altcoin shifting from proof-of-work to proof-of-stake consensus.

Ethereum price analysis is bullish today as we have seen consolidation and another brief spike lower over the last 24 hours. Since ETH/USD has rejected further downside again, we expect another rally to soon begin.

Ethereum prices are said to be pretty consistent and steady amid the negative market conditions. Apart from the external factors that drag the market to its knees, everyday trade impacts the ETH price with less intensity. However, after constant rejections at $2000 earlier and $1800 now, weather the second-largest asset slowly squeezing the resistance levels? …