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Ethereum – Page 3 – BitcoTasks BLOG
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Celestia Plans For 1 GB Blocks For Scaling: Why Are TIA Holders Worried?

Celestia

Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost data availability. Celestia Plans For 1 GB Blocks For Scaling In a recent announcement, the…

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Ethereum Price Aims for Key Upside: Can Bulls Push Past $2,400?

Eth

Ethereum price is again rising and trading above $2,320. ETH must clear the $2,400 resistance to gain bullish momentum in the near term. Ethereum is attempting a recovery wave above the $2,320 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with…

Ethereum Price Aims for Key Upside: Can Bulls Push Past $2,400? Read More »

11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks

Bitcoin News

A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion.  As the fourth-largest cryptocurrency exchange globally, Coinbase commands significant trading volume—$1.5 billion in 24-hour transactions and 34 million monthly users—and acts as a custodian for major corporations,…

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Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?

Matic

Polygon, the Ethereum sidechain, recently upgraded, kickstarting their migration into a new era of scaling as highlighted by their Polygon 2.0 mission. Even though POL prices are still struggling, on-chain data points to a robust ecosystem that could support prices in the medium to long term. Over $214 Billion In DEX Volume Processed Via Polygon…

Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling? Read More »

Bullish Signals Emerge For Ethereum: Price Rises Above Downward Trendline And Key MA Levels

Ethereum

The cryptocurrency market is showing tentative signs of recovery, with leading assets like Ethereum (ETH) making modest gains in the past 24-hours. Following a sharp decline that saw ETH’s price plummet to $2,154 last Friday, the digital asset is now nearing the $2,400 mark, sparking optimism among investors. Signs Of An Imminent Breakout To The…

Bullish Signals Emerge For Ethereum: Price Rises Above Downward Trendline And Key MA Levels Read More »

Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon

Cryptocurrency Market News

With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months. Several analysts are bullish about the upcoming performances, hinting that the time to accumulate these…

Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon Read More »

Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent?

Eth

Ethereum price is attempting a fresh increase wave above $2,300. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum is attempting a recovery wave above the $2,300 zone. The price is trading above $2,330 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at…

Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent? Read More »

Will Polkadot Accept This Major Request From A RWA Platform? DOT Down 65%

Polkadot

Centrifuge, a real-world asset (RWA) solution and a Parachain, has a plan for Polkadot, a smart contracts platform. In a proposal, the RWA platform suggests that the newly created Polkadot Community Foundation allocates $3 million USDC to their T-Bill pool. This pool is held within the Anemoy Liquid Treasury Fund and aims to serve multiple…

Will Polkadot Accept This Major Request From A RWA Platform? DOT Down 65% Read More »

Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December

Ethereum

Much like Bitcoin (BTC), the price of Ethereum (ETH) has been trading significantly sideways lately. Due to this downtrend, a legendary crypto analyst has offered some insights into Ethereum’s price movements, predicting that in the next three months, the pioneer altcoin could see its price hit a bottom.  Ethereum To Hit Price Bottom By December…

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Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg…

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH? Read More »

Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

Ethereum

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its…

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