Ethereum

With the rise of DeFi since summer 2020, the Ethereum network faced congestion and high transaction fees. Aave aims to address high fees on Ethereum to improve DeFi's popularity. Crypto could see mainstream adoption if fees are significantly reduced.  Aave, a decentralized lending and borrowing protocol built on the…

Ethereum price continuing constructive consolidation above previous all-time high. Options expiration generated upside volatility. 10-week simple moving average (SMA) acting as critical support on a closing basis. Ethereum price is about to close today, down only 5.8% for the week, a minor blip in the overall picture and…

ETH/USD stays depressed near lowest levels in three weeks. Bearish MACD, failures to regain 50-day SMA favor sellers. 100-day SMA adds to the downside filters, 12-day-old resistance line offers extra challenge to recovery moves. Ethereum fails to bounce off early March lows while taking rounds to $1,590 by the press…

Bitcoin's meteoric rise has boosted crypto hedge funds Dado Ruvic/ReutersRipple is set to take 40% stakes of Tranglo, a global cross-border payment hub focused on APAC markets. This will support rising customer demand in Asia and RippleNet's On-Demand Liquidity service according to Ripple's statement. Initially, new payment…

FRANKFURT, Germany--(BUSINESS WIRE)--MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, global leader in digital asset data, today announced the launch of the MVIS CryptoCompare Ethereum Benchmark Rate (ticker: EBR), an index designed to offer a robust hourly price for Ethereum in USD. The index serves as a reference…

Bitcoin (BTC) trading around $52,184.38 as of 20:00 UTC (4 p.m. ET). Slipping 4.77% over the previous 24 hours.Bitcoin’s 24-hour range: $50,458.10-$54,762.75 (CoinDesk 20)BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.Bitcoin trading on CoinbaseSource: TradingViewBitcoin traders…

The crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead the pack of altcoins up the market cap mountain. Much of the excitement behind Dogecoin's rally has been attributed to the upcoming appearance of Elon Musk, the CEO of Tesla and a Dogecoin advocate, on the…

The perpetual full blocks have been identified as the main reason for the exorbitant gas fees that have now reached their all-time high of late. Coin Metrics is an analytics provider and has recently reported from delving deep in the Etehreum world that the transaction fees are still very high and touched their highest levels ever. Coin Metrics…

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, Jeff Cox breaks down this morning's JOLTS survey and the record high eight million open jobs. Plus, Pippa Stevens explains how last week's cyberattack on the Colonial Pipeline is leading to fuel shortages and rising gas prices.Gas prices could rise to…

Bitcoin price followed a bullish path above the USD 57,000 resistance. BTC even cleared the USD 58,000 resistance and traded close to USD 58,500. It is currently (04:30 UTC) correcting gains, with major supports near USD 57,000 and USD 56,500. Similarly, most major altcoins gained bullish momentum. ETH broke the USD 1,800 resistance, but it…