Kategorie: Ethereum News

On Tuesday, March 29, the popular Ethereum crypto wallet announced some updates to its mobile version 4.3.1 including integrating Apple Pay.

📣 MetaMask Mobile v4.3.1 is LIVE with some exciting updates:

Buy crypto on iOS with Apple Pay (@sendwyre), more transparency when interacting with sites, & support for gasless transactions where relevant.

Does it get any better? Yes it does! We now have dark mode! 🌑

1/🧵

— MetaMask 🦊💙 (@MetaMask) March 28, 2022

On its own, Apple does not directly support crypto transactions. Therefore, Apple Pay shall integrate with Wyre, which does support crypto.

Buy crypto with credit and debit cards

MetaMask Apple users will now be able to buy crypto using credit and debit cards through Apple Pay. This means that they will not need to send ETH to Apple Pay for them to buy crypto.

After Apple Pay-MetaMask integration Apple Pay users will be able to deposit a daily maximum of $400 using their Mastercards, Visa cards, or Wyre API.

The rest of the updates

Besides Apple Pay integration, MetaMask introduced support for gasless transactions, which shall be made possible by a private blockchain, or protocol pay for the gas on behalf of its users.

The updates will make MetaMask more user-friendly and thus attract more users. In mid-March, it was reported that MetaMask had surpassed 30 million monthly users making it one of the most popular crypto wallets.

On March 16, ConsenSys CEO, Joseph Lubin announced that MetaMask shall launch its own token and DAO later in the year and users are hoping for an airdrop similar to that of Uniswap. ConsenSys is the firm behind the MetaMask wallet and it recently completed a $450 million fundraising round.

The post MetaMask iPhone Users can now buy cryptocurrencies using Apple Pay appeared first on Coin Journal.

It feels like an eternity ago when Ethereum (ETH) bottomed close to $2000. But things have started to look up, and ETH has rebounded sharply. The coin is now well above $3000, and it is looking poised to keep up this momentum in the near term. Here is what to keep in mind:

• ETH has smashed past several key resistance zones in the past week.

• The coin is likely to test the $4000 in the near term.

• ETH has rallied by nearly 40% over the last two weeks alone.

Data Source: Tradingview 

Ethereum (ETH) – How soon will it get to $4000?

Hitting $4000 is very likely for ETH. In fact, it’s not a question of if but when. The coin has been bullish over the last 2 weeks. Although we have seen some of that momentum slow, ETH is consolidating well above several crucial price points. 

For example, the coin has smashed past its 50-day simple moving average of $2848 by nearly $500. ETH has also gone on to shutter the 100-day SMA of $3045 by another $300. The next challenge for ETH bulls will be to test the 200-day SMA of $3489. 

At press time, the coin was trading at $3391. It is therefore not far away and we expect ETH to rise above the 200 SMA in the coming days. When this happens, a bullish breakout that takes the coin well above $4000 will be inevitable.

Why should you buy Ethereum (ETH) now?

It’s just a matter of time before the ETH rally starts. In fact, it could hit in a matter of days. Whether you are a short-term trader or long-term investor, the ride towards $4000 gives you the chance to make nearly 25% in returns. It’s unlikely we will see any bearish sentiment right now. Unless something drastic happens, we expect ETH to surge in the near term.

The post Ethereum (ETH) is breaking to $4000 – Here is why you should buy now appeared first on Coin Journal.

While both are strong cryptos, the hype around Eth 2.0 gives ETH an edge

• Binance Coin powers Binance and has a lot of uses, making it valuable crypto. 

• Ethereum is the number one smart contracts platform in the market and is not going away soon.

• Ethereum has a lot of hype due to the transition to Ethereum 2.0.

Binance coin BNB/USD is the cryptocurrency that powers the entire Binance ecosystem. Anyone who uses Binance exchange or any of the other Binance services such as the Binance Smart Chain must have used Binance Coin at one point or the other.

Considering that Binance is highly innovative and is always coming up with new products that require BNB, there is no doubt that the value of BNB will go up over time. However, the coin burn is the most significant factor that guarantees BNB value growth over time. Binance has been burning BNB since it was launched, and this has played well into its value over the years. As the coin burn continues, it will play positively into BNB’s value. 

On its part, Ethereum ETH/USD is the most robust smart contracts platform in the market today. Thanks to its dominance in smart contracts, Ethereum has recorded massive growth as investors adopt it for everything from NFTs to DeFi. In the last two years, Ethereum has also been working towards a move away from Proof-of-Work to Proof-of-Stake. The goal is to deal with the scalability issues that Ethereum has struggled with for years and become more energy-efficient. 

Why Ethereum has an edge short-term

While Ethereum and Binance Coin are great investments long-term, Ethereum has a significant edge over BNB now that bulls are returning to the market. Ethereum has an edge because it is almost done with the much-awaited transition to Eth 2.0. Besides the hype around the change, Eth 2.0 has several intrinsic advantages for Ethereum. 

Through Eth 2.0, Ethereum will be more scalable, incentivizing usage. On top of that, it makes Ethereum deflationary, which is good for its long-term value appreciation. It’s a matter of demand and supply – simple economics.

Summary

Binance Coin and Ethereum both have a lot of potential for long-term growth. They are both among the most fundamentally strong cryptocurrencies in the market. However, in the short term, Ethereum has an edge. There is a lot of hype around the final transition to Eth 2.0, a factor that could draw in lots of buying volumes.

The post Why Ethereum has the edge over Binance Coin as alt-season starts appeared first on Coin Journal.

Ethereum (ETH), the second-largest crypto in the world, finally managed to surge past $3000 this week in a two-week rally. ETH bulls have managed to keep the price there. Also, we are seeing whale accumulation in Ethereum increase. Here are some notable details:

• Increased whale demand could trigger a decisive 2022 rally

• Some analysts believe that the coin could hit $6100 by year-end.

• Ethereum could also generate nearly $12 billion in fees this year.

Data Source: Tradingview 

Ethereum (ETH) – Where does the price go next?

This is the sixth day in a row we have seen Ethereum surge. The coin in fact briefly rose past monthly highs of $3200 before finally retreating slightly. The short-term outlook is very bullish. In fact, analysts are watching to see how ETH holds up in the coming days.

If indeed, it’s able to surge past the 200-day EMA of $3144, then we could see enough bullish momentum that takes the coin well above $4000. This will represent nearly 55% in gains from this year’s lowest price of around $2159. 

As for the long-term outlook, ETH could possibly hit $ 6100 this year. This is actually a very modest and conservative estimate. Some experts in fact think that with improved sentiment, we could get to $10,000. But there are still some potentially risky factors, including the runaway inflation in the US.

Is Ethereum (ETH) the best crypto this year?

Well, if you are looking for steady growth in capital, then Ethereum (ETH) is a fairly decent option to buy. The coin will not deliver 100x growth of course. But it has the potential of offering between 20% and 30% in 2022. 

For any investor looking for a safer bet when it comes to crypto, you won’t find a better alternative than Ethereum. Besides, the coin has also attracted a lot of institutional money.

The post Whale Holdings for Ethereum (ETH) continues to surge as coin prepares for a bull run appeared first on Coin Journal.

There are many strategies that anyone can follow in their effort to invest in crypto. But one approach that often seems to work is following big money. When large wallet investors are loading up a certain asset, then you should as well. Here is why:

• Whales don’t often engage in speculative short-term trading.

• Large wallets also buy assets that have very good long-term value.

• Whales may also know something that you don’t about a given asset.

For folks who are serious about following whale money, the following top 3 coins should be a great place to start:

Ethereum (ETH)

Ethereum (ETH) is the second-largest cryptocurrency, and it’s no wonder a lot of large wallets will be interested in it. In fact, during the last few weeks, when ETH dipped significantly, we saw more and more whales buying it. 

Data Source: Tradingview 

The reason for this is actually very simple. Ethereum has staying power. It is an asset that will be here with us for a very long time. There have also been several new developments with the Ethereum 2.0 project. This could bring more value to the Ethereum ecosystem in the long run.

Dogecoin (DOGE)

Meme coins are also quite popular with whales. But unlike new coins that are still struggling for legitimacy, DogeCoin (DOGE) has been here for years. It has had its highs and lows, of course. But despite that, DOGE has grown to become one of the most important crypto assets. It’s therefore not surprising to see a lot of whale accumulation here.

Binance Coin (BNB)

Binance Coin (BNB) is the main crypto for the Binance exchange, one of the biggest crypto trading platforms in the world. Like the two coins we have listed above, BNB has a lot of legitimacy and staying power. This is because it is linked with a serious and strategic business within crypto.

The post Following the Whales: 3 popular coins among large wallet investors appeared first on Coin Journal.