This Analyst Believes Bitcoin, Ethereum Will Surge To All-Time High Soon: Here's Why

www.benzinga.com

According to cryptocurrency industry veteran Bobby Lee, both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) will soon get back to their all-time highs, which were reached in November 2021.  In a recent interview, Lee said that as the current crypto market is facing a stiff downturn, he is optimistic about a market revival.

Read in Full: www.benzinga.com

Timeline of Bitcoin, Ethereum


Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase - CryptoSlate

Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was following a downtrend since January 2022 for both Coinbase and Binance when suddenly Binance's exchange balance took a turn and started to spike in May. The post Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase appeared first on CryptoSlate.


Bitcoin Mining In The 22 Century: What To Expect? - DCForecasts

Bitcoin Mining in the 22 Century is hard to predict, but some things are pretty self-evident, based on current trends in the industry. Whenever the price of Bitcoin declines, there are scattered forecasts that the mining sector is doomed and that miners are ready to shut down their machinery collectively and start to succumb.


Norwegian BTC Miner Moves To Arctic To Cut Energy Bills - DCForecasts

Norwegian BTC miner intends to relocate its operations north of the Artic Circle, according to reports. The decision to relocate was made as a result of the nation's growing power prices, even though the issue has not yet significantly touched the northern areas.

BitcoinBTC$16565.210000
EthereumETH$1217.550000

Ethereum Creator: ‘I Basically Expect That the Merge Is Going To Be Not Priced In' - CryptoGlobe

Recently, Russian-Canadian programmer Vitalik Buterin, the creator of Ethereum ($ETH), commented on the upcoming “Merge” hard fork, which is when the Ethereum network is making the transition from proof-of-work to proof-of-stake.


Here's How Bitcoin, Ethereum, Solana and Sand Price Will Perform In Coming Week - CoinPedia

As the markets close off the week on a high note, analyst Justin Bennett is giving his opinion on a number of leading crypto assets. Bennett identified $24,200 as a pivotal “make-or-break” milestone for Bitcoin in the most recent issue of the trader's Cryptocademy newsletter.


What's Happening in the Market Ahead of Ethereum Merger? Are Traders and Whales Accumulating ETH? - CoinPedia

Many of the leading cryptocurrencies experienced double-digit weekly percentage gains despite the ongoing cryptocurrency bear market. In anticipation of the Ethereum merger, top coins increased. After peaking at $2,012 late on Friday night, the price of Ethereum has increased 16% in the past week to $1,986 at the time of writing.


GNOX (GNOX) Record Presale Sell-out Rumored To Be Caused By Ethereum (ETH) And Solana (SOL) Whales - CoinPedia

The recent presale sell-out of GNOX tokens is rumored to have been caused by whales from Ethereum and Solana. Gnox's project team had initially set a hard cap for the token sale, but due to overwhelming demand, they increased the cap. However, even this wasn't enough as the sale sold out within a few hours.


Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence - Bitcoin

Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading platform, and other crimes, rejects U.S. charges.


Can MATIC really leverage the hype around Ethereum for more upside? - AMBCrypto

It has been quite an interesting week for Ethereum's community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now.


Coinbase Warns Polygon (MATIC) and Other Scaling Solutions Pose a Threat to Ethereum (ETH) Price – Here's Why - The Daily Hodl

Crypto exchange Coinbase is analyzing the impact that scaling solutions could have on the Ethereum (ETH) blockchain. In a research report, Coinbase says that layer-2 scaling solutions (L2s) could cannibalize Ethereum's revenue.

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