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Ethereum

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games. Ether is the native token for the Ethereum ecosystem.

Bitcoin

Bitcoin started the week climbing back above $28,000, as markets returned from the Easter holidays. The move saw the world's largest cryptocurrency briefly break out of a key resistance level of $28,500. Ethereum was also higher, as it closed in on the $1,900 level.

Bitcoin, Ethereum Technical Analysis: BTC Jumps Back Above $28,000, Following Easter Break

The latest price moves in bitcoin (BTC) and crypto markets in context for April 10, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Ether Options Tilting Bearish

A venture capitalist who correctly called the November 2022 digital asset bottom says those who are waiting for a major crypto correction will likely be left in the sidelines. Placeholder partner Chris Burniske tells his 258,300 Twitter followers that he believes the stage is set for a massive long-term Ethereum (ETH) rally.

Chris Burniske Unveils Massive Price Target for Ethereum, Says Traders Waiting for Crypto Capitulation Will be Sidelined

Sushi Swap

According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap's smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

Dogecoin

Major coins traded in the mixed on Sunday evening, as investors continue to anticipate the impending regulatory challenges. Cryptocurrency Gains (+/-) Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Trade Mixed As Shanghai Upgrade Nears: Analyst Says Apex Crypto Could Breakout If This Happens

BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried.

First Mover Asia: Is a ‘Sharp Move' Around the Corner for Bitcoin and Ether?

Bitcoin was back above $28,000 on Saturday, as markets continued to react to the latest nonfarm payrolls (NFP) report. Figures released on Friday showed that 236,000 jobs were added to the U.S. economy last month. Ethereum was also back in the green to start the weekend.

Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000 on Easter Weekend

Despite a relatively uneventful week in coin markets, several big crypto adoption stories hit the press.

This Week in Coins: Bitcoin and Ethereum Unmoved, Musk Makes Dogecoin Noise

Crypto analytics platform IntoTheBlock says this month's expected Ethereum (ETH) upgrade will bring huge benefits to the ecosystem. However, the leading analytics firm warns of near-term price volatility since the upgrade will allow validators to start withdrawing their long-staked ETH worth tens of billions of dollars.

Incoming Ethereum Upgrade Will Benefit Holders – But There's a $34,000,000,000 Catch: IntoTheBlock

Bitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release. Many are expecting that payrolls will come in under the 240,000 expected sum, following recent disappointing labor data. Ethereum was also largely unchanged as of writing.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls

The Ethereum price (ETH) is slowly approaching the psychological $2,000 mark (ETH).

Ethereum Stays Above $1,840 And Takes Aim At $2,000 Mark

On-chain analytics platform CryptoQuant is optimistic that Ethereum (ETH) will not come under severe selling pressure as feared following the Shanghai upgrade scheduled for next week. CryptoQuant says that the Shanghai upgrade, which is expected to allow the unstaking of Ethereum on April 12th, is unlikely to trigger above-normal selling pressure.

Ethereum Selling Pressure To Be Lower Than Feared After Shanghai Upgrade, Says CryptoQuant – Here's Why

zkSync has found a solution to release the 921 ETH ($1.7 million) locked in Gemholic's smart contract on the Ethereum Layer 2 network.

ZkSync develops solution to unfreeze $1.7 million stuck in smart contract

Hedge fund boss Anthony Scaramucci says one major catalyst is likely to cause a wider adoption of crypto assets. In a new interview with Yahoo Finance, the SkyBridge Capital CEO says the fallout from the US banking failures will prompt more people to invest in top crypto assets like Bitcoin (BTC) and Ethereum (ETH).

One Catalyst Will Trigger Shift Into Bitcoin, Ethereum and Other Crypto Assets, Says Anthony Scaramucci

Major cryptocurrencies traded mixed at the time of writing as the global cryptocurrency market cap rose marginally by 0.06% to $1.2 trillion. ​​

Bitcoin, Ethereum, Dogecoin Trade Mixed, Analyst Says Apex Coin Could 'Breach The $30,000' Level Over Easter Weekend If This Happens

Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won't be easy.

First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins

ETH's price slid 1.7% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is scheduled to occur April 12.

Ether Holds Near $1.9K as Shanghai Fork Approaches

Bitcoin (CRYPTO: BTC) was trading flat during Thursday's 24-hour trading session, continuing in a sideways pattern heading into the long weekend, when the stock market will be closed for three days including Friday. While traders and investors won't be able to see an immediate reaction to key job numbers, expected to be released Friday morning, in the stock market investors can watch to see how the crypto sector reacts.

Bitcoin, Ethereum And Dogecoin Set Up Bullish Patterns Heading Into Long Weekend, Key Jobs Number Announcement

A widely followed crypto analyst is updating his outlook on Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) as BTC's rally may be losing steam. Pseudonymous crypto trader Altcoin Sherpa tells his 194,500 Twitter followers that Bitcoin may dip about 6% from its current value of $28,210.

Trader Maps Path Forward for Bitcoin, Ethereum and Dogecoin As BTC Falls Below $28,000 – Here Is His Outlook

Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.

Ethereum's Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says

Lido DAO

Lido needs to prepare the launch of its V2 testnet and finalize for the completion of several ongoing security audits of its V2 upgrade, before enabling withdrawals.

Lido Stakers Can Expect Ether Withdrawals 'No Sooner Than Early May'

Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday's non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum was also lower today, following an eight-month high on Wednesday.

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday

The total locked value of assets on the platform has risen over 300% since the start of this year, DeFiLlama data shows.

High Ether Yields Drive $50M to DeFi Protocol Pendle Finance

A closely followed crypto trader is predicting an explosive move to the upside for Ethereum (ETH) while warning of a possible near-term dip. Pseudonymous crypto analyst Inmortal tells his 194,000 Twitter followers that Ethereum could shoot up by more than 170% from its current value of $1,901, hitting a new all-time high.

Trader Forecasts Ethereum Explosion to All-Time High – But Issues Near-Term Warning on ETH

Major coins traded in the red on Wednesday evening, as investors weighed the conflicting signals from a rapidly contracting global economy. Cryptocurrency Gains (+/-) Price (Recorded 9:30 p.m.

News for Ethereum Crypto (ETH)