Altcoins News
By James Thorp
1 / 9
Claude Barde expressed, the price of gas on Ethereum increasing by 200-300% when the market goes down, it's as if your bank would charge you 200% more in credit card fees on…
2 / 9
Technical analysts have to state that Ethereum has been moving downwards since it reached an all-time high on May 12.
3 / 9
Some propose a theory that someone has big put options right now on Bitcoin and Ethereum and have been using sell walls on FTX to suppress price.
4 / 9
Markets are showing HUGE spike in volume for Bitcoin and Ethereum. Just waiting on a retest of previous support lines OR candle closes below support as confirmation.
5 / 9
The Ethereum price trend is also bearish as it continues to trend lower. Again, there are those long-term holder of ETH who will continue to hold.
6 / 9
The fact is that market corrections are not affecting Ethereum holders much as 75% of accounts will remain in profits, even if ETH price drops below 1000$ in the future.
7 / 9
Ethereum development is progressing nicely, with the London upgrade soon going live on the Ropsten testnet.
8 / 9
“The upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.
9 / 9
Those who were trying to identify the reason for the fall have to state: Barry Silbert-led Digital Currency Group, which owns Grayscale Investments have announced their…
The Currency Analytics
Want the full story?