Top Crypto Analyst Warns of Further Downside for Ethereum, Polkadot and Chainlink – Here Are His Targets

A widely followed crypto strategist and trader warns Ethereum (ETH), Polkadot (DOT) and Chainlink (LINK) are likely not yet done correcting. Analyst Justin Bennett tells his 101,300 Twitter followers Ethereum may be trading within a descending channel, suggesting further downside for the leading smart contract platform. “Fakeouts to one side of a pattern usually trigger The post Top Crypto Analyst Warns of Further Downside for Ethereum, Polkadot and Chainlink – Here Are His Targets appeared first on The Daily Hodl.

Timeline of Polkadot-new, Ethereum, Chainlink

The top 5,000 whales on the Ethereum ($ETH) blockchain are betting on a number of altcoins aside from ETH itself as the cryptocurrency market rebounds, with their largest non-stablecoin position being in the meme-inspired cryptocurrency Shiba Inu ($SHIB). According to data from whale monitoring service WhaleStats, the largest 5,000 whales on the Ethereum network have

Ethereum [ETH] is taking a bit of a breather after the cryptocurrency market's extended downward spiral. The altcoin king dropped below $1,000 for the first time since January 2021 between 18 June and 19 June.

The Sepolia testnet Beacon Chain goes live, preparing Ethereum developers for what to expect once the complete merge occurs. The Sepolia Testnet Beacon Chain Is Now Live The Beacon Chain on the Sepolia testnet is now operational, paving the way…

Polkadot DOT/USD has weakened from $23.86 to $6.34 since April 02, and the current price stands at $7.81. Polkadot allows users to launch their own blockchains Polkadot is an open-source project that enables cross-blockchain transfers of any type of data or asset, not just tokens. Polkadot allows users to launch their own blockchains on top The post Is Polkadot (DOT) buy opportunity after the current dip? appeared first on Invezz.

A leading digital assets manager finds institutional investors are buying into Solana (SOL) over Ethereum (ETH) as markets tumble. In the latest Digital Asset Fund Flows Weekly report, CoinShares says Ethereum investment products have suffered over 10 weeks of consecutive outflows ahead of what's known as “the merge,” which is Ethereum's plan to transition to a proof-of-stake The post Institutional Investors Are Ditching Ethereum in Favor of One of Its Biggest Rivals, According to CoinShares appeared first on The Daily Hodl.

Ethereum (ETH) co-founder Vitalik Buterin has said he is "definitely" worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system.

Mainstream media outlets across the globe are unsurprisingly urging crypto holders to push the panic button, as the big banks rub their hands with glee as crypto crash 2022 continues to sow fear across the crypto-verse.  However, now is not the time to panic, now is the time to invest.

The feel-good meme coin, Mehracki (MKI), looks to separate itself from other meme coins that rely on general hype and buzz for success Ethereum (ETH) is the most popular altcoin in the world, with a market cap of $135 billion. The success of the decentralized blockchain platform has come as a result of its diverse.

Chainlink price analysis indicates that the bulls have been trying to challenge the $8.0 resistance without success for the last 24 hours. Chainlink's current trading price is $7.36 after opening the daily chart trading at $6.99.The bulls were successful in pushing the prices above the $7.0 level and were also able to attain a high.

A cursory look at data from CoinMarketCap revealed that Chainlink's native coin, LINK posted significant gains in the last 24 hours. Trading hands at $7.35 per LINK coin, the coin marked a 15% uptick in price.