Ethereum DeFi project, Set Protocol, has announced the 50-day moving average strategy on August 30, 2019. It is termed as ETH50SMACO (ETH 50 Day Moving Average Crossover Set ). ETH50SMACO automatically rebalances when the price of ETH crosses the 50 Day Simple Moving Average (50 SMA). If price of Ethereum crosses but stays below 50...Read More
Bitcoin Price Analysis (BTC/USD) BTC/USD pair is today correcting gains from yesterday’s massive fall that dropped its price down below the $10,000 level. However, the pair’s price is today, trading between support level $9381.81 and resistance level $9573.84. Additionally, the RSI indicator moved from the oversold level and is currently heading towards the positive area....Read More
According to some reports, Telegram Open Network (TON) will be compatible with Ethereum. The company is set to release the code to run a node on the Telegram Open Network (TON) on Sunday. It seems that Telegram messenger is planning to begin public testing of its long awaited blockchain, TON (the Telegram Open Network) on...Read More
Anything Facebook’s Libra can do, Celo wants to do better. Last week, crypto startup and Libra competitor Celo unveiled its software development kit (SDK), which allows developers to build mobile-based decentralized finance (DeFi) apps on its protocol. This gives developers the tools aimed at building a more inclusive and decentralized monetary system with the full-stack...Read More
Set Protocol, an Ethereum DeFi project, has announced that it will be deploying their own 50 day moving average strategy. It is designed to rebalance when the price crosses the 50 SMA technical indicator, and it does so automatically. The strategy involves selling into the USDC stablecoin during an economic downturn and ETH buyback during...Read More
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch...Read More
Has anyone checked in with EOS lately, to see how it’s doing? How about Tezos – any signs of life there? In mid 2017, two of the largest token sales in history birthed two smart contracting platforms that promised to topple Ethereum and usher in an era of fast and low-cost value transfer with dApps...Read More
Ethereum could start rallying to the upside in the coming days, according to a textbook technical indicator.Prominent market analyst Jonny Moe noted Ethereum trending inside a Falling Wedge pattern, confirmed by converging trend lines, forming lower highs and lower lows. The ETH/USD instrument is about to reach the apex of Wedge which, according to the...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex ETH keeps declining, trading at $169.03 this Thursday. Ethereum in technological deadlock; Buterin does not agree. Istanbul update postponed till November at least. Technical Analysis Looking at the Ethereum on the weekly timeframe, we may see that after the correctional growth to 38.2% Fibo, the quotations are developing...Read More
In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself. Bitcoin, the world’s largest cryptocurrency, usually...Read More
It is important to have the option of replenishing your assets by buying crypto with a credit card or through exchanges. The assets should be secure and transferable. The only correct answer is this: the one that serves your needs. For me, the most important things in a cryptocurrency wallet are the support of all...Read More
Samsung’s Blockchain Keystore which is available on the company’s range of Galaxy S10 phones as well as Note 10, has included support for Bitcoin as well as more than 30 other cryptos. The app also supports more than a few DApps as well. A few months ago in March, Samsung launched its new Galaxy S10...Read More
The overwhelming drop yesterday saw ETC plunge below several key support areas. The ongoing recovery is supported by positive technicals. Ethereum Classic is defying the odds once again by posting a remarkable reversal. The top three cryptocurrencies Bitcoin, Ethereum and Ripple are still forced between a rock and a hard place. Minimal recovery is seen...Read More
ETH price is under a lot of pressure below the $170 and $175 resistances against the US Dollar.The price is likely to decline sharply if it settles below the $165 support area in the near term.There is a declining channel forming with resistance near $169 on the hourly chart of ETH/USD (data feed via Kraken).The...Read More
Bitcoin’s recent downtrend has led many altcoins to plummet lower, with Ethereum (ETH) crashing a whopping 10% over the past 24-hours, a movement that has led it to break below a key support level.Because of ETH’s bearish price action as of late, some analysts are expecting it to drop significantly lower in the coming days...Read More
Grayscale Investments, a cryptocurrency asset manager reported its Assets under management [AUM] tripling from $926 million to a whopping $2.7 billion, in its Q2 report. Grayscale products like Grayscale Bitcoin Trust and Grayscale Digital Large Cap Fund reported 178.8% and 147.6%, respectively in returns, this quarter. Source: Grayscale Investments The company noted a strong quarter...Read More
Ethereum has recently traced a dip near $166, rebound on the way ETH has broken a few major support levels since yesterday including $180, $175 and recently $170 The short term SMA line has recently climbed above the long term SMA line, gives a positive sign Technical indicators paint a bullish picture, as the price...Read More
The Ethereum issuance of Tether (USDT) is quickly becoming the most utilized version of the stablecoin – and pushing Bitcoin and Omni out of the game. | Source: Shutterstock Tether (USDT) transactions on the Bitcoin blockchain are losing ground to Ethereum at an ever-increasing rate. Ever since the Tether stablecoin was issued on Ethereum in...Read More
Yesterday’s crypto market carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it.The post appeared first on NewsBTCRead More
Recently, the crypto market fear and greed index hit its lowest point in history, despite Bitcoin price trading above $10,000 and at that point had yet to break down. The fear was mostly driven by altcoin holders who have been selling any remaining bags at a substantial loss at an alarming rate.While even altcoins did...Read More
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system....Read More
The entire cryptocurrency market was in free fall yesterday, with all major cryptocurrency reporting a significant slump. The first in the line to succumb, as usual, were the top altcoins and the king coin. At press time, the market remained red, with Bitcoin recording a fall of over 5 percent and Ethereum spotting a negative...Read More
Hedera hashgraph, the super-fast blockchain network, will open Mainnet Open Access from September 16th, 2019. Under this project, any developer can start building dApps on Hedera’s platform. Developers can also run mirror nodes that provide access to all consensus decisions. Hedera claims Open Access beta will allow up to 10,000 transactions each second. Bitcoin and...Read More
In a pattern that has been rinsed and repeated countless times this year, crypto markets are crumbling as Bitcoin failed to hold support. The altcoins are still hopelessly tied to their big brother so any pain for it is magnified for them.Over $20 Billion Exits Crypto SpaceOver the past 24 hours crypto markets have shrunk...Read More
Contents A new gifting mechanism Overcoming hurdles for transnational payments BitTorrent has spread the word about the upcoming launch of internal trials for its new p2p streaming platform dubbed BitTorrent Live (BLive). The app will let users make live streams and share them. The company has introduced a mechanism for giving rewards – in BTT...Read More
Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...Read More
ETH/USD fell from $187.45 to $173 this Wednesday and has fallen further to $170.65. ETH/USD is looking to drop below the lower curve of the 20-day Bollinger band. ETH/USD has had a bearish start to Thursday following heavily bearish Wednesday. ETH/USD fell from $187.45 to $173 this Wednesday and has fallen further to $170.65. The...Read More
ETH price failed to stay above the key $185 and $180 support levels against the US Dollar.The price is down around 10% and is trading below $172, while bitcoin is down around 5%.There was a break below a bearish continuation pattern with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).The...Read More
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the...Read More
In a matter of minutes crypto prices crashed. There is currently a story doing the rounds that the French police stopped a bot dubbed a “crypto jacking virus”. ETC/USD is currently the worst affected down just over 11%. USD 150 million worth of longs were also said to be liquidated at the BitMEX exchange. Litecoin price analysis:...Read More
