According to CoinMarketCap, ETHPoW, the coin that would be used in the event of an Ethereum PoW fork, hit an all-time low on Thursday of US$50.36, a 64% decline from its peak on August 2. The ETHPoW token only has IOU status at this time, which means that it is only a debt contract that
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According to Vitalik, it is far to early to know what people want in terms of the Metaverse. Ethereum co-founder Vitalik Buterin feels that the Metaverse is still nascent, and the one created by Facebook meta will misfire. While responding to a tweet by Dialectic co-founder Dean Eigenmann, Buterin said, “The “metaverse” is going to
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Peter Schiff, the CEO of Euro Pacific Capital and the chairman of the SchiffGold investment fund, released an Ethereum chart, projecting a big ETH drop to May 2021 lows. He pointed out that the chart shows a combination of two very bearish patterns that might send the second most valuable coin far lower than it
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During the current market downturn, Ethereum (ETH), the world’s second-largest cryptocurrency, has seen a significant correction. While Ethereum’s price is stuck around $2,000, on-chain data points to a likely price increase in the near future. The Ethereum gas charge has decreased to a ten-month low of $2.54, according to on-chain statistics provider Santiment. It reads:
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Ethereum attempted to break through the resistance levels of $2,085 and $2,100. ETH, on the other hand, was unable to gain traction and created a short-term top near the $2,085 mark. Below the $2,050 support level, there was a bearish reaction. On the hourly chart of ETH/USD, a break below a key bullish trend line
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Ethereum’s losses continued below the critical $2,000 support level. Before the bulls took a position near the $1,700 level, ETH smashed the $1,800 mark. Near $1,700, a bottom marks, and the price began to rise again. The $1,800 and $1,900 resistance levels were clearly broken. On the hourly chart of ETH/USD, a break over a
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