The trajectory remained bullish on the daily chart, although bears are currently showing strong interest. The price dropped after marking a new yearly high around $0.0107 on June 4. VeChain lost 9% today after rolling back under 100 SAT. VET/USD: VeChain Signals Short-Term Sell Key Resistance Levels: $0.01, $0.0107, $0.01167 Key Support Levels: $0.0087, $0.0075,...Read More
Transaction fees affecting different cryptocurrency ecosystems in unique ways. For Ethereum, its gas used – based on a 7d moving average – has reached a new all-time high. Every service or application built on top of Ethereum utilizes gas to operate. Ethereum Gas Usage Rises Swiftly Additionally, all regular users also pay transaction fees in...Read More
Buying shares of Grayscale’s Ethereum Trust would require investors to pay a premium upwards of 750% compared to ETH’s current market price. ETH Sold For More Than $2000 On Grayscale Grayscale is a company that provides institutional investors with exposure to the price of cryptocurrencies such as Bitcoin and Ethereum through their trust products. The...Read More
Ethereum dropped by a total of around 1.5% today as it falls to the $235 level. The next level for ETH to break and start a bullish push lies at $250. Against Bitcoin, Ethereum still needs to break the strong resistance at 0.0253 BTC. Key Support & Resistance Levels ETH/USD: Support: $225, $215, $205. Resistance:...Read More
Charles Hoskinson, the co-founder of Input Output Hong Kong (IOHK), is getting increasingly upset for being associated with another project he co-founded – Ethereum. Hoskinson Doesn’t Like Being Called Co-Founder of Ethereum In a recent Twitter post, the co-founder of Input Output Hong Kong said that he doesn’t want people to refer to him as...Read More
Bitcoin was down by 3 percent YTD. The cryptocurrency has so far failed to recuperate from the yearly highs as it continued trading below $9,500. The effects of the recent fall were not only limited t The post Bitcoin futures market notes the lowest trade volume in 2020 appeared first on AMBCrypto. The post appeared...Read More
Popular American economist Nouriel Roubini took it to Twitter to once again bash Bitcoin. This time, his criticism was set off by a phishing scam that saw a podcast owner lose his BTC savings. Nouriel Roubini Bashes Bitcoin… Again According to the popular American economist and well-known nocoiner Nouriel Roubini, also commonly referred to as...Read More
Cardano looks for a rebound after losing 10% in the last seven days. The price is currently looking indecisive across trading pairs. It may breakdown if the immediate support fails to hold incoming pressure. ADA/USD: Cardano Looking For A Rebound Key Resistance Levels: $0.085, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 After breaking out...Read More
Although bullish on a longer time frame, bitcoin has shown bearishness on the lower time frame on multiple occasions. As it has been hovering in the $9,000 range for more than a month, the price looks The post Bitcoin short-term price analysis: June 14 appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Popular media outlet ZeroHedge got its Twitter account suspended back on January 31st for publishing an article questioning the origin of the novel coronavirus (COVID-19). A bit more than four months after that, the social media lifted the ban. However, just two days later, Twitter appears to continue flagging the media’s content as “potentially harmful,”...Read More
One of Wall Street’s largest banks, JPMorgan Chase, has outlined in a recent analysis that Bitcoin’s 2020 performance demonstrates the asset’s growth and maturation. The paper also notes the compelling correlation the primary cryptocurrency is exhibiting with global equities. JPMorgan: Bitcoin Matures The JPMorgan Chase analysis cited by Bloomberg examined the performance of Bitcoin and...Read More
Quick recap: Last Thursday saw another failed attempt to break the $10,000 mark. Shortly after, followed by the fatal drops of the global markets, Bitcoin found its value recording a daily low near $9K, almost $1000 intraday price move. This is not what the Bitcoin bulls prayed for: Together with the drop, was the idea...Read More
