Ethereum Proof Of Work (ETHW) Gains 30%, Is More Upside Coming?
The Ethereum Proof of Work (ETHW) token had piggybacked off the popularity of the Ethereum Merge. In a bid to maintain the
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Upside
Solana Co-Founder Sees Upside From Ethereum’s Merge, Saga Web 3 Mobile
“From our perspective, these NFT volumes just go to show users really do care about that cost and performance,” Gokal said. Because “Ethereum is probably the largest by mindshare for NFT projects as an ecosystem,” its shift away from proof-of-work towards a less-environmentally harmful protocol, “is a really good thing.”
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Bitcoin and altcoins pop to the upside, but upcoming macro events could cap the rally
The 13% gains in the six days leading to Sept. 12 brought the total crypto market capitalization closer to $1.1 trillion, but this was not enough to break the descending trend. As a result, the overall trend for the past 55 days has been bearish, with the latest support test
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Bitcoin Sends Mixed Signals At $23,000, Capped Upside Potential?
Bitcoin keeps on moving sideways as the weekend approaches and, with less trading volume on exchange platforms, the cryptocurrency hints at potential losses. BTC’s price has surrendered the gains from the past week but has been able to hold to its current levels as critical support. At the time of writing,
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BNB, Solana Lead Gains in Majors; Traders Point to Dollar Strength for Further Upside
Not everyone is convinced of the upside, however. “Until the economy breaks either up or down not much is going to happen,” opined Chris Terry, vice president at crypto lending platform SmartFi. “We anticipate that bitcoin will continue to trade in this tight range of $20,000 plus or minus 10-15%.” Source
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Bitcoin price moves toward $24K and traders expect further upside, after a support retest
Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action have finally come to an end after the market flashed its first substantial relief rally in at least a month. Data from Cryptox Markets Pro and TradingView shows
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Ethereum Classic (ETC) Reclaims $3 Billion Market Cap, More Upside To Follow?
Ethereum Classic (ETC) has followed the lead of its larger counterparts and posted some tremendous gains in the last couple of weeks. The token, which is an offshoot of the second-largest cryptocurrency, Ethereum, has been suffering due to the bear trend that has been plaguing the market. But as the
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Cardano Vasil Hard Fork On The Horizon, Will ADA React To The Upside?
Cardano follows the general sentiment in the market and records a slight recovery during today’s trading session. If Bitcoin and larger cryptocurrencies managed to extend the bullish momentum, ADA seems poised to benefit. Related Reading | Bitcoin Long-Term Holder Capitulation Approaching Bottom Zone, But Not Quite There Yet At the time of writing,
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Bitcoin Remains In Downtrend, What Could Spark Sharp Upside
Bitcoin is trading in a bearish zone below $19,500 against the US Dollar. BTC might start a sharp recovery wave if there is a move above the $19,500 resistance. Bitcoin failed to gain pace above the $19,500 and $19,600 resistance levels. The price is now trading below the $20,000 level and the
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Crypto Mining Stocks Have Huge Upside, Says DA Davidson as It Slashes Hashrate Forecasts
Compared to a June 6 note, D.A. Davidson increased its 2022 upside expectations for Core Scientific (CORZ) and Riot Blockchain (RIOT) to 355% and 189%, respectively, and decreased its forecast for Marathon, Hut 8 (HUT), Argo Blockchain (ARBK) and Stronghold Digital Mining (SDIG) to 228%, 175%, 121% and 81%, respectively. Original
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