Bitcoin kissed the $10K mark goodbye this week as the cryptocurrency dropped to as low as $8,800 on Thursday, reaching the trend-line that was forming since the massive drop in March. As expected, BTC received strong support in that area, and its price quickly recovered to around $9,200, where it’s currently trading. The dump started...Read More
Maker DAO just received an influx of almost 2,500 Bitcoin in the past 48 hours, as the number of Wrapped Bitcoin (WBTC) locked in the decentralized finance app increased by 1,921%. Maker DAO is a decentralized lending protocol on Ethereum, which issues the stablecoin Dai (DAI) in return for ETH-based collateral. Since BTC can be...Read More
Bitcoin Bitcoin saw a 4.4% price decline over the past seven days of trading as the coin trades at $9,115. The cryptocurrency was at the $9,815 resistance level for the majority of the week as it continuously failed to close above it. Bitcoin went on to slide lower from there on Wednesday as it dropped...Read More
Twitter saw the return of Vitalik Buterin vs. Justin Sun on May 19. The respective founders of Ethereum and TRON exchanged barbs over the matter of an imminent Steem hard fork, which will seize the funds of some of its users. If Steem Hardfork 0.23 goes ahead on May 20, over 23.6 million STEEM coins...Read More
The bulls are eyeing $226 resistance, but they could get trapped if a double-top pattern comes into play. Ethereum is currently looking bullish across its trading pair after rising by 11% in 7 days. Against Bitcoin, Ethereum is starting to show strength after finding support around 0.021BTC. ETH/USD: Ethereum Eyeing $226 Key Resistance Levels: $217,...Read More
Ethereum increased by 2.5% over the past 24 hours, and it reclaimed the $200 level again. The cryptocurrency previously rebounded from a rising trend line, which allowed it to get over the $200 level this week. Against Bitcoin, ETH managed to rebound from the 0.021 BTC support to reach 0.0213 BTC. Key Support & Resistance...Read More
Recent Chinese reports indicate that a new cryptocurrency scam, resembling the notorious PlusToken, has been brought to trial this week. Dubbed WOTOKEN, allegedly scammed over 700,000 users and absorbed more than $1 billion worth of Bitcoin and other digital assets. The New Chinese Threat: WOTOKEN According to local reports, the trial began on May 14th...Read More
Bitcoin Bitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving...Read More
Ethereum continued to trade in a range between $190 and $200. Against Bitcoin, the price may dip lower if the 0.021 BTC support fails to provide a rebound. The trend remains in a downward range on the 4-hours chart. ETH/USD: Ethereum Pushes Toward $200 Key Resistance Levels: $200, $215, $226 Key Support Levels: $175, $166,...Read More
The Ethereum blockchain is suffering a period of heavy congestion, partly caused by what appears to be a Ponzi scheme. Thousands of transactions are being pinged all across the network—all leading to a single address, which now holds $5.3 million worth of Paxos Standard (PAX) tokens. That address belongs to the operators of MMM Global...Read More
Block 630,000 was mined yesterday, and with it, the third Bitcoin halving was successfully completed. From here on, miners will receive 6.25 BTC for adding new blocks to the network. The hours before the event were fairly turbulent for BTC’s price, but it seems that it has calmed down, at least for now. Bitcoin Price...Read More
Ethereum saw a sharp decline over the weekend, which caused it to slip beneath $200 and reach $187. The cryptocurrency managed to find strong support at a rising trend line. Against Bitcoin, Ethereum is battling to hold above the 0.021 BTC level. Key Support & Resistance Levels ETH/USD: Support: $180, $175, $170. Resistance: $190, $200,...Read More
Bitcoin Bitcoin saw an impressive 11.5% price surge over the past 7 days of trading as the cryptocurrency manages to reach as high as $10,000 again. During the week, the coin managed to break above the previous resistance at $9,000 and continued above further resistance at $9,426 and $9,815 to reach the $10,000 level. Looking...Read More
Ethereum saw a 1% price hike today as the coin rises to the $208 level. It still needs to take out the $220 resistance to be able to push higher. Against Bitcoin, ETH continues to struggle as it breaks beneath the 200-days EMA support level. Key Support & Resistance Levels ETH/USD: Support: $200, $194, $187....Read More
Ethereum saw another 1% price decline today as it falls to $203. The coin struggled with the resistance at $220 during the weekend, which caused it to roll over. Against Bitcoin, Ethereum has been struggling heavily as it crashed into the 200-days EMA support at 0.0227 BTC. Key Support & Resistance Levels ETH/USD: Support: $200,...Read More
Ethereum saw a 1% price decline over the past 24 hours of trading as it drops to the $210 price area. The cryptocurrency was recently struggling at the $220 level. Against Bitcoin, Ethereum dropped into the 0.0236 BTC support earlier today. Key Support & Resistance Levels ETH/USD: Support: $211, $203, $200. Resistance: $220, $225, $245....Read More
According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%. At the same time, BitMEX’s leadership position in the field has been challenged by Huobi, OKEx, and Binance. Derivatives On The Rise And amid the most apprehensive days of uncertainty prompted by the eventual aftermath of the...Read More
Bitcoin Bitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension). This price increase...Read More
Ethereum increased by 4% today to reach the $215 level again. The cryptocurrency dropped yesterday to reach $200 but quickly rebounded. Against Bitcoin, Ethereum fell beneath the lower boundary of the previous range as it drops beneath 0.0239 BTC. Key Support & Resistance Levels ETH/USD: Support: $210, $200, $187. Resistance: $225, $230, $245. ETH/BTC: Support:...Read More
Ethereum investors have been accumulating and holding substantial amounts lately. More than 77% of ETH in externally owned accounts (EOAs) has not moved in the past six months, new data revealed. Ethereum Investors Hodl And Accumulate The price of Ethereum, similarly to most cryptocurrencies, went through violent turbulence lately. Starting 2020 at about $131, reaching...Read More
Ethereum saw a small 1% price increase today, but the coin is facing strong resistance at $198. ETH has increased by almost 15% over the past week after rebounding from support at $170. Against Bitcoin, Ethereum has been trapped between a range of 0.026 BTC and 0.025 BTC for the past 10-days. Key Support &...Read More
The leading digital asset management company, Grayscale Investments, has purchased nearly 50% of all mined ethers in 2020. The firm outlined the increased interest from institutional investors, hinting that the upcoming Ethereum 2.0 could be the reason behind both. Grayscale On ETH Buying Spree New information on the matter indicated that the total number of...Read More
Ethereum saw a 1.5% price increase today as the coin reaches $197. The cryptocurrency surged by a total of 7.4% this week as it breaks previous resistance at $187 to reach $198. Against Bitcoin, Ethereum is also on the rise as it makes an attempt at the April highs of 0.026 BTC. Key Support &...Read More
It’s safe to say that the last seven days were packed with action on all fronts. Bitcoin started the week trading at around $7,100 but fell to a low of around $6,800. The bears were for not, however, as yesterday BTC surged to a high of $7,780 in a few consecutive green candles. Naturally, the...Read More
Bitcoin Bitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support...Read More
Bitcoin made a serious move in the past few hours as its price soared up to above $7,720 in just a few minutes. Legacy markets followed as the S&P500, the Dow, as well as gold and oil are all trading in the green. Bitcoin Price Surges to $7,700 In a few quick hours, Bitcoin’s price...Read More
Ethereum increase by a total of 4% over the past 24 hours as it reaches $179. ETH has managed to surge by a total of 13% this week – making it the highest performing top 5 cryptocurrency. Against Bitcoin, Ethereum rebounded at 0.025 BTC as it heads back toward the April 2020 highs. Key Support...Read More
Ethereum saw a small 2.6% price fall today as the cryptocurrency drops into the $175 region. Before this, ETH managed to increase by a total of 16.8% over the past week as it reached an April high of $190. Against Bitcoin, Ethereum also created a fresh high for April around the 0.026 BTC level. Key...Read More
Ethereum witnessed a 7% price increase today as the cryptocurrency reaches the $182. Three days ago, Ethereum surged over 15% from the $150 level to reach the April resistance at $175. Against Bitcoin, Ethereum is performing very well after creating a fresh April high at 0.0247 BTC. Key Support & Resistance Levels ETH/USD: Support: $165,...Read More
Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back...Read More
