Binance, the world’s leading cryptocurrency exchange, published a new white paper for a solution called Binance Smart Chain. It’s a new blockchain that will run in parallel to Binance Chain and will also support smart contract functionalities. Binance Announces Smart Chain Blockchain In a recently published whitepaper, Binance announced the development of Binance Smart Chain...Read More
An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March. Fees Paid By Users Greater Than The Cost Paid By The Network Ankit Chiplunkar, the head of research at the popular data...Read More
Ethereum witnessed a sharp 7% price drop over the past seven days as it trades at $156. However, over the past 5-days, Ethereum has been trading sideways between $155 and $160. Against Bitcoin, the bulls are controlling the market after rebounding at 0.0229 BTC to trade above 0.0232 BTC. Key Support & Resistance Levels ETH/USD:...Read More
Ethereum saw a 3% price decline over the past 24 hours of trading as the cryptocurrency drops into the $150 level. ETH was previously struggling at the 100-days EMA at around $175, which caused it to fall. Against Bitcoin, the bulls are battling to keep the cryptocurrency above 0.0229 BTC support. Key Support & Resistance...Read More
Bitcoin Bitcoin is up by a small 2% this week after suffering a major setback when it dropped by 5.5% in today’s trading session. The cryptocurrency had surged from the $6,800 level last Friday to reach as high as $6,400 at the start of this week. However, in today’s trading, Bitcoin fell by over 5%...Read More
Ethereum increased by a small 1.3% over the past 24 hours of trading as the cryptocurrency reaches $170. It is now facing resistance at the 100-days EMA and has struggled here for the past 3-days. Against Bitcoin, Ethereum continues to perform well as it reaches 0.0234 BTC. Key Support & Resistance Levels ETH/USD: Support: $165,...Read More
Ethereum surged by a total of 13.6% over the last 24 hours as it reaches $175. ETH rocketed higher after breaking the $146 resistance yesterday, allowing it to break resistance at $165 and $170. Against Bitcoin, Ethereum also surged significantly as it climbed from 0.021 BTC to 0.0235 BTC. Key Support & Resistance Levels ETH/USD:...Read More
After a 3-day recovery, Ethereum price continues its bearish momentum Against the US Dollar, Ethereum continued to struggle under the $140 mark Against Bitcoin, ETH found weekly support (0.022 BTC) upon a mid-term trend line; however, the situation is fragile ETH/USD: Ethereum Trades Under $140 Key Resistance Levels: $140, $160, $180, $200 Key Support Levels:...Read More
It’s safe to say that unless unexpected things happen, this will be the worst week for Bitcoin since 2013. During the second week of December 2013, Bitcoin had seen a plunge from $864 to $382, more than a 50% decline. Those were the days when MT.Gox was the only major Bitcoin exchange out there. Just...Read More
Ethereum fell by another 14% over the past 24 hours of trading as the cryptocurrency briefly slips to $160. This is a 35% drop over the past four days. The cryptocurrency dropped beneath the $190 support today, primarily driven by the new coronavirus financial crisis. Against Bitcoin, ETH broke beneath the previous strong support at...Read More
Ethereum, despite what some readers may think, did not see a positive 2019. In fact, the cryptocurrency plummeted, actually registering a yearly loss in 2019, dramatically underperforming Bitcoin’s gains of nearly 100%. This meant that the market for ETH/BTC fell off a cliff, with the price of one Ether falling as low as 0.016 BTC...Read More
