NFT News Official TheBitTimes.com

Almost all FOMC participants agreed with a rate hike of 25 bps and a few officials favored raising it by 50 bps, minutes from the last meeting showed. However, Fed officials to rely on more data on inflation and jobs for considering a pivot. advertisement Popular crypto analyst Michael van de Poppe believes that $1,600 is a great level for going long on Ethereum. As Ethereum price fell due to fears of hawkish U.S. Fed planning to raise interest rates by 50 bps in March. Ethereum Price. Source: Michael van de Poppe He predicts Ethereum price will continue moving upward from here. The Analysis indicates that ETH price could break above the $1700 resistance level, with a possible move to $2000. Glassnode reports that the amount of supply in 3-6 months (1d MA) just reached a 16-month high of 14,190,275.522 ETH, indicating an increase in interest among short-term buyers. Trending Stories ETH Price Prediction: New Recovery...

Ethereum on-chain and technical indicators show a long-term bullish argument for ETH price in the near to medium terms. Ethereum's native token, Ether (ETH), eyes a run-up toward $3,000 in Q2 2023 after wrapping the previous quarter with 55% gains. ETH price nears potential breakout The price of Ether has more that doubled after bottoming out in June 2022 at around $880, weathering a slew of negative events, including the FTX exchange collapse, interest rate increases, and stricter U.S. regulations. In doing so, ETH/USD has painted an ascending triangle, confirmed by its rising trendline support and horizontal level resistance. The pattern suggests aggressive buying as lows get steadily higher while highs stay around the same level, indicative of a higher selling pressure at the given level.  As of April 2, ETH's price is testing its horizontal level resistance range ($1,700-1,820) for a potential breakout move. ETH/USD three-day price chart featuring 'ascending triangle...

The upgrade will enable staked ETH withdrawals on the Beacon Chain, completing Ethereum's transition to a PoS consensus. A target date for the highly anticipated Shanghai hard fork has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March 16. Initially estimated for late March, the Shanghai mainnet upgrade Features five Ethereum Improvement Proposals (EIPs), including EIP-4985, which will enable staked Ether (ETH) withdrawals on the Beacon Chain, completing Ethereum's transition from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus. The target date April 12 at 10:27:35 PM UTC, epoch 620,9536, will now be confirmed by developers on GitHub. The fork was initially forecasted for March, but developers later pushed it back to early April. 6209536 4/12/2023, 10:27:35 PM UTC — timbeiko.eth (@TimBeiko) March 16, 2023 Validators will receive rewards payments automatically at periodic ...