Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.
THE Updated Crypto News
Ether is attempting to break above the 50-day moving average for the first time since March.
The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum.
The dark web vendors like the ubiquity and anonymity of the top cryptocurrencies, a new report said.
The decision was made based on "changing market conditions."
Plus: An incident on Stakefish highlights the importance of taking extra precautions when setting up an Eth 2.0 validator.
The Hong Kong-based exchange said it is temporarily halting trading while investigating issues on the platform.
Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.
Nivaura is also launching the open-source GLML Foundation to help create automated tokenized securities.
The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March.
Bitcoin is recovering from a volatile shakeout. Options expiry has large open interest around $40K.