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Price prediction for Dogcoin (DOGE): Bollinger Line bandwidth index predicts the upcoming trend
The period of unusually calm trading conditions in the dogcoin market may be coming to an end.This is a widely regarded technical indicator, Brin Bandwidth, which has just dropped to its lowest level of 0
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Ethereum 2.0: A Technological Revolution in the Cryptocurrency Field is Coming Soon
Ethereum, as the world's largest smart contract platform, has recently welcomed the highly anticipated release of version 2.0, marking a technological revolution in the cryptocurrency field
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Ethereum Shanghai upgrade is coming soon, can you seize new investment opportunities?
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
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Ethereum has taken an important step towards the upcoming Cancun upgrade
Following the well-known Shapella upgrade that occurred earlier this year, Ethereum has taken some important steps for the upcoming Cancun upgrade. In addition, development should have a significant impact on the structure of the network
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Bitcoin and the Future: We are Welcoming an Earthquakemagnitude Transformation in the Global Financial Sector
We are at a historic moment of financial innovation. Digital currency, as a product of this era, is reshaping the global financial ecosystem, bringing unprecedented opportunities and challenges
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Wright's trend is strong, is the halving trend coming?
The Bitcoin and counterfeit coin markets have been on a roller coaster ride in the past few months, and investors hope to seize every opportunity to profit, especially in the current trend of creating emoticons such as PEPE, AIDOUGE, TURBO, etc.Now, with the approaching halving of Bitcoin, renowned cryptocurrency analyst Michael van de Poppe believes it is time to accumulate alternative coins
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3-year-old Coin An: BNB Boosts Business Upgrade, Global Map Outline is becoming increasingly Clear
Summary: He Yi, the co-founder of Coin An, proudly affirmed the development achievements of Coin An over the past three years. She told Lian Dede that constantly defeating her past self is something that future Coin An will persist in doing
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The "heavyweight" ETH and stETH have taken off anchor, Ethereum has plummeted, and the second "LUNA" is coming soon?
Nowadays, the cryptocurrency market is in a bear market cycle, and almost all cryptocurrency enthusiasts have suffered a lot in the bear market, from LUNA plummeting to collapse and returning to zero, along with other mainstream currencies and counterfeit currencies in the currency industry. During this period, many positions were gradually sold out, and even some people were disappointed and left the coin circle
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As the upcoming upgrade in Shanghai approaches, Ethereum prices are falling
The current price of ETH is $1867.62
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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.