Confusion reigns as Vitalik Buterin praises EOS while slamming Ethereum

In a recent tweet, Vitalik Buterin praised EOS calling it “Ethereum On Steroids.”. He said the naming reflects the lessons the core team learned from “Ethereum’s amateurish naivety and idealism” to deliver a platform with superior scalability and speed. Given the odd nature of the tweet,...
Picture for Confusion reigns as Vitalik Buterin praises EOS while slamming Ethereum

ETH Price Analysis: Here’s the Level Ethereum Needs to Break to Extend Bullish Relief

The bulls have dominated the market for the past few days. A 40% growth in 10 days can surely be interpreted positively, but it’s important to examine all scenarios. The price is currently stuck below the resistance zone on the daily time frame, as shown in the chart. This zone ranges from $1300 to $1500 (in red) and was expected to provide solid support during the sharp collapse earlier in June – which it obviously failed to do. Now, it’s acting as a serious resistance.

Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon

Ethereum has been closing red week after red week for the past 11 weeks. It is the longest red streak that has been recorded in the history of the cryptocurrency, hence, it carried significant implications for the digital asset. Through the decline, it has been one of the worst-hit coins, performing poorly compared to the other cryptocurrencies at this time. However, the digital asset has now closed its first weekly green candle in three months and things are looking up.

CME Net Short Exposure Reaches ATH: Why Institutions Are Bearish on Ethereum

Ethereum has seen some selling pressure today and has rolled back on a portion of its gains. The cryptocurrency was bouncing back from below the $1,000 levels but has found hurdles on lower timeframes. Related Reading | Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming?. At...

Not Cardano, Ethereum or Litecoin but outflows were solely focused on…

The ongoing cryptocurrency market has continued to witness major liquidations. Following a $24 billion decline on 26 June, the total crypto market cap slipped by $9.17 billion on 27 June. At press time, the total liquidations over the last day stood at $137 million. It was down from $145 million as compared to 27 June.