As Ethereum’s London Hard Fork Nears, Crypto Analyst Says ‘$ETH Is Going Nuts’

On Monday (August 2), three days after Ethereum’s sixth birthday and three days before the London hard fork is scheduled to go live on the mainnet, Ether’s price action is continuing to impress the crypto community. Last Friday (July 30), Ethereum celebrated its sixth birthday (since the mainnet went live on 30 July 2015). The original Ethereum white paper (titled: “Ethereum White […]

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Ethereum Nodes Get Ready For EIP1559

The vast majority of ethereum nodes has upgraded for the fee market reforming Ethereum Improvement Proposal (EIP) 1559 which is to take effect this Thursday. According to data from Ethernodes, 57% of live clients are ready while 42% are spending the remaining 2-3 days to upgrade as pictured above. Geth nodes need to be version 1.10.6, with 54% of them […]

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Ethereum's Death Cross Could be Averted by the Aug. 4th London Upgrade

Also from the chart, the following can be observed: Ethereum’s death cross could occur around mid-July to early-August The 50-day moving average is also acting as considerable resistance for Ethereum at current levels of $2,380 Ethereum’s daily trade volume is in the green, confirming renewed buying interest in Ethereum The daily MACD is also confirming a bullish trend The daily […]

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Massive Falling Wedge Forms on Ethereum

A three months long falling wedge appears to be forming on ethereum and other cryptos, including bitcoin. The falling wedge pattern forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is […]

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Ethereum on Course to Settle $8 Trillion This Year

Ethereum has processed $4 trillion worth of transactions in the first half of 2021 with it set to clear $8 trillion transactions this year for the first time. According to blockchain analytics from Messari, ethereum saw a 3x increase in the first quarter, settling $1.5 trillion in transactions, up from $570 billion in Q4 2020. The second quarter saw a […]

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Ethereum Rises Ahead of Upgrade

Ethereum is up this month, reaching a recent high of $2,400 with it currently trading at $2,340 at the time of writing. That’s up by about 20% since July the second when it fell to $2,000, with it further gaining since yesterday’s $2,200. One reason might be a return of some bullishness in defi where numerous prominent tokens saw significant […]

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Ethereum's London Hard Fork Confirmed to Launch on August 4

Ethereum lead developer Tim Beiko has confirmed via Twitter on July 6, 2021, that the much anticipated London hard fork will go live on August 4, 2021. The London hard fork comes with five important Ethereum Improvement Proposals, including EIP-1559, which aims to bring a positive change to the network’s fee structure. London Hardfork Goes Live in July Having successfully […]

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