Ethereum Weekly (12/9/22)

Ethereum has managed to stay above the $1,200 mark but $1,300 has proven to be a strong resistance point. ETH did cross the $1.3k barrier on Monday but couldn't hold the price point after surpassing it by $2 briefly. The previous time it crossed that mark was way back on November 10, exactly one year after hitting its all-time high of $4,878, meaning we are almost 75% down from the peak.

cryptomasterminer's Recent Blog Posts

Ethereum (ETH) held up pretty well following the release of GDP data in the United States compared to other assets and asset classes. The second-largest cryptocurrency continues to stay above the $1,…
1 year ago
While I Finally Read the Bitcoin Whitepaper back in April of this year, I've taken even longer to read Vitalik Buterin's 2013 vision of what crypto could be after reviewing Satoshi Nakamoto…
1 year ago
"Here comes Santa Claus, here comes Santa Claus"... Well maybe not! With a "Santa Rally" off the table it is hard to imagine how much worse things can get. Bitcoin (BTC) has a…
1 year ago
Ethereum (ETH) like most "risk" assets did not react well to the Federal Reserve's statements and findings which can be found in my article Fed Raises Interest Rate Half Percent - What…
1 year ago
The Federal Reserve on Wednesday raised the interest rate a half a point matching most analyst expectations. The increase is lower than the 75-point basis the agency has raised rates in the last four…
1 year ago