After major cryptocurrencies reached all-time highs in November 2021, with Bitcoin ticking $69,000 at one point, a year-long bear market has brought most of...

Morgan Creek Digital crypto hedge fund managing partner and Bitcoin (BTC) bull Mark Yusko is naming the layer-1 altcoins he sees coming out on...

The development of an Ethereum Virtual Machine-compatible sidechain for the XRP Ledger, the native network of the $XRP token, could be “very bullish” for the cryptocurrency, as it has been for some of its competitors. According to the pseudonymous analyst known as Guy, who shared his thoughts on a YouTube video to his over 2 […]

The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE). (Read More)

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s Grayscale’s 18th investment product to date. Grayscale Launches GSCPxE — Fund Holds Cardano,…

The post Grayscale Investments Launches Smart Contract-Focused Diversified Fund appeared first on Bitcoin News Miner.

Ethereum (ether or ETH) is the native token of the Ethereum blockchain. The Ethereum blockchain is open-sourced and enables anyone to write smart contracts on it for the development of decentralized applications (dApps). Most of the dApps that are developed in the Ethereum blockchain are hosted as ERC-20 tokens which are in their hundreds of thousands. Presently, transactions in the tokens are carried out by using ether in buying the gas fees. What is Ethereum? Ethereum is a cryptocurrency that was co-founded by Russian Vitalik Buterin with other cofounders like Gavin Wood, Charles Hoskinson, and others in 2013. It raised over $18.3 million through its public sale of 60 million Ether in 2014 at an initial coin offering price of $0.311. It uses the Solidity programming language that is highly secured to ensure that assets stored in private wallets are saved from attacks. Ethereum is a community-driven coin that wants to ensure that everyone in the world can transact with ease and also launch their projects on the platform. The native token Ether attained an all-time high price of $4,891.70 on November 16th, 2021 during the bullish run of some of the top 100 cryptocurrencies. Let’s see the Ethereum price analysis for the coming years. Price Analysis of Ethereum Coin Flashback: Fundamental Analysis of Ethereum Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Ethereum community, there is news that has increased the positive sentiments that investors have for it in the long term. In recent news, it was announced that the Ethereum blockchain will be migrating to the Proof-of-Stake (POS) consensus mechanism from the present Proof-of-Work (POW) algorithm that it uses. This news is a welcome development among the users of the Ethereum blockchain since the POS mechanism will reduce the high fees paid by users in carrying out transactions on the blockchain in the form of gas fees. This exorbitant fee is one of the reasons why Ethereum competitors are attracting projects that are previously launched on Ethereum to either move multi-chain or move away from it to platforms with almost the same capacity and minimal transaction fees. Also, in another news on continuous Ether burn is increasing the trust that investors have for the coin, since all the ETH burned are forever lost and can be traded again. Burning is a mechanism where a given quantity of a coin/token is sent to a dead wallet where it not never be transferred into circulation again. This reduces the quantity of the asset in circulation and can sometimes increase the price depending on the volume of buyers. Ever since the launch of the Ethereum London fork in August 2021, ETH worth over $1 billion had been burnt. Now, we shall use charts to discuss the price analysis of Ethereum. From the link above, the relative strength index (RSI) value of Ethereum is 46.79 which means that the present trend is weak since it lies between 30 and 50. More buyer’s pressure can change the present bearish trend to be bullish. The link above represents a 1day chart of ETH/USDT using the Keltner channel that helps to know the direction of a trend. Since the present candlestick is within the second part of the curve from the top and is bearish, the price of Ethereum might plummet further. From the link above, since the 200-MA is above the 100-MA, we can deduce that Ethereum is bullish in the long term. The section below shows the Ethereum (ETH) price prediction for the next five years. Ethereum Price Prediction 2022 By the end of the first quarter of 2022, the price of ETH might reach $2,870. However, it will be within the range of $2100 and $3,100 by the end of the second quarter of 2022. By the end of the third and fourth quarters of the year 2022, ETH prices will be within $2950 to $3,900 and $2,500 to $6,500 respectively. Ethereum Price Prediction 2023 The price of Ethereum might reach $7,000 by the end of the first quarter and $8,000 by the end of the second quarter. In the third and fourth quarters of 2023, ETH prices might be $6000 and $9000 respectively. Ethereum Price Prediction 2024 The price of Ethereum might reach $10,000 by the end of the first quarter and $12,000 by the end of the second quarter. In the third and fourth quarters of 2024, ETH prices might be $16000 and $19000 respectively. Ethereum Price Prediction 2025 The price of Ethereum might reach $17,000 by the end of the first quarter and $18,500 by the end of the second quarter. In the third and fourth quarters of 2025, ETH prices might be $20,000 and $22,000 respectively. Ethereum Price Prediction 2026 The price of Ethereum might … Continued

The post Ethereum Price Prediction 2022-2026-Will ETH Price Hit $6500 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Ethereum has not had a good start to 2022. Its price has continued the bearish trend that started in November 2022 when its price jumped to almost $5,000. It is trading at $2,700, which is about 45% below its all-time high. In this article, we will look at the five key things to consider before...

The post 5 Top Things To Consider Before Buying Ethereum in 2022 appeared first on Live Bitcoin News.

Think the current crypto market downturn is bad? Check out these Bitcoin crashes and bear markets.

Ethereum challenger Fantom (FTM) is setting new fundamental records amid the sustained price decline across the crypto markets. New data from DeFi Llama, an analytics platform focused on decentralized finance (DeFi) and non-fungible tokens (NFTs), shows that Fantom printed a new all-time high in terms of total value locked (TVL). Fantom is a highly scalable […]

The post Ethereum Rival Fantom (FTM) Overtakes Solana (SOL) and Avalanche (AVAX) To Become Fourth-Largest Blockchain by Total Value Locked appeared first on The Daily Hodl.

Crypto investment giant Pantera Capital has made predictions on this year involving several of the most important sectors in the market. First appearing on CoinDesk, Pantera partner Paul Veradittakit elaborated on a set of predictions in the firm’s latest newsletter. Veradittakit predicts that a wave of adoption will push Ethereum to its limits, exacerbating network […]

The post Pantera Capital Makes 2022 Predictions on NFTs, Layer 2s, and Ethereum Competitors appeared first on Coin Bureau.

In the latest report, banking giant JPMorgan has said that Ethereum’s high gas fee and network congestion are putting a big risk for the smart contracts platform. JPMorgan said that this could be a “problem for Ethereum’s valuation”. It specifically added that Ethereum could be losing its NFT market share to rival Solana which has

The post JPMorgan: High Gas Fee A Big Problem for Ethereum Valutaions, Can Lose Market Share appeared first on CoinGape.