Here's The Bull, Bear Case For Ethereum As It Approaches Important $1,000 Level

Ethereum (CRYPTO: ETH) was sliding more than 7% lower on Thursday, trading dangerously close to the important $1,000 psychological level, which the crypto tested as support on June 18 and June 19 but bounced. The more times a stock or crypto tests an area of either support or resistance, the weaker the area becomes, which could be bad news for bullish investors.

Timeline of Ethereum

ERC-4907 permits an individual to borrow an NFT for personal use without having to purchase it from the owner. The post New Ethereum token standard paves way for rentable NFTs appeared first on The Block.

While the panic selling in the crypto market persists, Ethereum's sharks and whales (holding 100 – 100,000 ETH) continue to actively accumulate the major altcoin in the anticipation of the crypto market's reversal in the following weeks. ETH Sharks' and…

A blockchain security firm finds that the hackers behind the Harmony (ONE) breach sent tens of millions of dollars worth of Ethereum (ETH) to a coin mixer. Harmony was hacked for approximately $100 million worth of crypto assets last Friday. The attackers reportedly breached the Horizon Bridge, which provides the ability to transfer assets between The post Millions of Dollars Worth of Ethereum (ETH) Sent by Hacker to Coin Mixer Following Harmony (ONE) Attack: Report appeared first on The Daily Hodl.

The ETH key indicators show a sharp drop below $1K that might occur soon as the coin already dropped below the $1120 support zone so let's have a closer look at our latest Ethereum news. ETH is now at risk of another loss if it stays below the $1150 resistance as it remained below both

Ethereum (ETH) is once again losing momentum after exhibiting a positive bounce the previous week. At the time of publication, ETH has a market valuation of $125 billion and is currently trading 9 percent lower at $1032.

What happened: On Wednesday a total of 4,014.45 Ether (CRYPTO: ETH) worth $4,158,325, based on the current value of Ethereum at time of publication ($1,035.84), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Ethereum developers have now scheduled the difficulty jump to activate in mid September. The post Ethereum finishes Gray Glacier hard fork to push the ‘difficulty bomb' to September appeared first on The Block.

Ethereum (ETH) is in a downtrend after the bulls were beaten back at the high of $1,280. Since June 26, the price of Ether has steadily fallen to the psychological price level of $1,000. Today, ETH/USD has fallen to the low of $1027.60.

The LIDO community shows intent to keep ETH staking uncapped as they are voting against the proposal that will limit how much ETH can be staked on the platform so let's read more today in our latest Ethereum news. Last week, LIDO put forward a governance proposal to limit the ETH amount that users can

The Lido community is strongly against any attempt to force the platform to limit its Ethereum staking market share. The post Lido community strongly against limiting its Ethereum staking dominance appeared first on The Block.