• If the price of Ethereum remains below $1920, it is prone to further losses

    The price of Ethereum expanded and fell below $1920 to the US dollar. If the ETH falls below the support range of $1820, it may continue to decline.Ethereum further fell below the support level of $1920.The price is below $1920 and the 100 hour simple moving average.Breaking through the main bearish trend line on the hourly chart of ETH/USD, the resistance level is around $1860 (data from Kraken).If it breaks through the levels of $1920 and $1975, the currency pair may begin to rise significantly.Ethereum price turns redEthereum's price gained bearish momentum after closing below the support level of $2000. ETH will expand its decline below the support levels of $1950 and $1920, similar to Bitcoin. 1,880 1,827

    2023-04-28
  • After upgrading and merging, Bitcoin and Ethereum have experienced a sharp decline, but have not emerged from independent markets

    Reporter | Si LinweiAfter the successful upgrade of "Merge", which is closely watched by the entire network, the cryptocurrency market, including Ethereum, has not been able to break out of its independent market.On September 20th, the latest market data showed that Ethereum's current quotation reached $1360, a weekly drop of 20%; Bitcoin also fell to the critical $20000 level, quoting $19312, a weekly decline of 13

    2023-04-28
  • 4.20 Bitcoin (BTC) Ethereum (ETH) Latest Market Analysis and Trading Strategy

    The article was edited at 0:30 am on March 20th, 2022. I hope it can help everyone!As of the deadline for submission, the high point of Da Bing is around 30413 and the low point is around 29000

    2023-04-28
  • Long term promotion: The current situation and future of LSD - leading projects, optimal returns, and future catalysts

    Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit

    2023-04-28
  • Shanghai upgrade is coming soon, ETH leads the rise, can Ethereum surpass Bitcoin?

    Recently, the Ethereum market has performed outstandingly, with its price breaking its recent high on May 5th, reaching $1945.During the same period, although Bitcoin remained volatile at a high point, it did not break a new high and its rise was significantly weaker than Ethereum.As of April 10th, ETH/BTC has risen by about 6.92% so far this month, reaching a maximum of 0.0679BTC, rebounding nearly 8% since March 20th.As of writing, Bitcoin has fallen below $28000, with a price of $27883 and Ethereum at $1830.The main reason why Ethereum has shown a strong upward trend and outperformed Bitcoin is due to the upcoming Shanghai hard fork upgrade on April 12th!Many experts believe that in the long run, hard forking is beneficial for Ethereum. up to now,The Shanghai craze helped Ethereum outperform Bitcoin in AprilCurrently, the positive signals surrounding Ethereum are evident:According to Glassnode data, the total value of ETH2.0 deposit contracts has just reached a 10 month high of $31601215618.82.According to data from the official website mainnet.beconcha. in of Ethereum, the total number of Ethereum pledges has exceeded 18 million ETHs, with a total of 18044134 ETHs pledged. The total number of Ethereum beacon chain validators has exceeded 560000.In addition, the Ethereum Beacon Chain ETH pledge APR (annual return rate) is 4.65%.L2BEAT data shows that as of now, the total lockup volume on Ethereum Layer2 is $9.17 billion, up 0.23% in the past 7 days. Among them, the largest lock-in volume is the expansion plan, ArbitrumOne, which is approximately 6.002 billion US dollars, accounting for 65.88%. The second largest lock-in volume is Optimism, which is 1.954 billion US dollars, accounting for 21.45%.The Ethereum Exchange showed a net transfer out status within 24 hours, with a net transfer out amount of 7.1344 million US dollars; Bitcoin experienced a net transfer phenomenon, with a 24-hour net transfer of $10.1 million.In addition to the good performance of data on the chain, the application scenarios of Ethereum are also constantly expanding, bringing hope for further breakthroughs in the market.Headquartered in Zurich, SwitzerlandFinancial bank IncoreBank announced that it will provide customers with Ethereum pledge servicesThe bank stated that customers using its Ethereum pledge service must fully comply with the "Know Your Customer (KYC)" and anti money laundering (AML) compliance requirements.Mark Dambacher, CEO of IncoreBank, stated that the bank will provide customers with Ethereum pledge services through quarantine wallets and comply with regulatory and tax regulations.However, although the Ethereum market is dominated by bullish sentiment, from today's market trend, the downward correction performance is still very obvious:Ethereum's price dropped as low as $1822 today, a daily decrease of 1.61%, while Bitcoin's price dropped as low as $27790, a daily decrease of 0.46%.Greeks.live macro researcher Adam tweeted that despite the upcoming upgrade in Shanghai, the implied volatility IV of Ethereum options has actually experienced a significant decline, with a drop of up to 8% in the past two days.He believes that the main reason for the decline in IV is the decrease in market liquidity caused by the Easter holiday. However, at the current level of volatility, it is abnormal for monthly IV to fall to the same level as Bitcoin, and a large number of users are adding positions to short the future volatility level.

    2023-04-28
  • The era of large-scale graphics card mining has ended, and Ethereum has been merged, transitioning completely from PoW to PoS

    On September 15th, IT Home reported that this afternoon, the Ethereum "Merge" was completed, and ETH entered the 2.0 era, transitioning completely from PoW to PoS.Currently,Ethereum is priced around $1600IT Home learned that Ethereum is a public blockchain platform, and its cryptocurrency is Ethereum ETH. Ethereum is now turning to the Proof of Rights (PoS) mechanism. For miners, if they mine on the Ethereum main network, after merging, each network will operate entirely based on the PoS proof of rights mechanism. At that time,The traditional proof-of-work (PoW) mining will no longer be available on the Ethereum network

    2023-04-28
  • Ethereum prices hit an 11 month high due to the withdrawal of 240,00ETH

    Simply putETH has cleared the psychological barrier of $2000.Nearly $500 million in ETH has been withdrawn

    2023-04-28
  • 4.19 Bitcoin (BTC) Ethereum (ETH) Latest Market Analysis and Trading Strategy

    The potential inflation in the United States did not quickly drop to the Federal Reserve's 2% target, and there are signs that the economy is slowing under the impact of aggressive interest rate hikes. There is a fierce debate within the Federal Reserve to adjust the final step of the interest rate hike cycle

    2023-04-28
  • Ethereum Price: Why is the upper limit of ETH lower than $2000 on the chain indicator

    Ethereum prices have been in the range of $1800 to $1900 over the past week.The decrease in whale activity and the flat foreign exchange balance indicate a contemplative mood among ETH traders

    2023-04-28
  • Official announcement! Ethereum "merger" started on September 6, and after completion, it will bid farewell to proof-of-work mining

    Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), will officially "merge" on September 6th.On August 24th local time, the Ethereum Foundation posted a blog stating: "After years of hard work, Ethereum's Proof of Rights (PoS) upgrade has finally arrived! The successful upgrade of all public testing networks has been completed, and the merger of Ethereum's main network is already being arrangedThe transition from proof-of-work (PoW) to proof of equity (PoS) of Ethereum main network is called "merger"

    2023-04-28
  • Bitcoin Prices and Ethereum Forecasts: Can BTC and ETH Escape Weekend Depression?

    As Bitcoin and Ethereum continue to dominate the cryptocurrency market, traders and investors are closely monitoring their price trends. Over the weekend, Bitcoin and Ethereum have been trading within a narrow range, causing some concerns among traders

    2023-04-28