Ethereum had a crazy day of trading today as the price fluctuated massively. The cryptocurrency has rallied all month long after increasing by 62% to create a fresh 2-year high. Against Bitcoin, Ethereum also increased to 14-month highs as it reached 0.034 BTC. ETH/USD: Massive Volatility Key Support Levels: $343, $321, $300.Key Resistance Levels: $400,...Read More
The last 24 hours have been nothing but volatile when it comes to Bitcoin’s price. The cryptocurrency went on a rollercoaster, surging above $12,000, dropping to $10,490, going back up and back down. In short – it’s been a wild few hours. Most interestingly, however, a user’s algorithm “went ballistic,” according to Changpeng Zhao, seemingly...Read More
The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now. Bitcoin’s New 2020 Top And Drop August doesn’t...Read More
Bitcoin shows no signs of slowing down. After painting a fresh high for 2020, the cryptocurrency continued to push, reaching $11,745 on Binance. In any case, BTC is not the only cryptocurrency that’s ripping this week. Ethereum (ETH) is also making tides on its own. Bitcoin’s Highest Monthly Close Since Dec 2017 There’s currently no...Read More
Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level. Bitcoin Rejoice At A New Yearly High Bitcoin’s first days in July were rather dull as it traded sideways in a tight...Read More
Bitcoin Bitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week. Bitcoin then went on to explode above $10,000 as it reached as high as $11,400...Read More
Bitcoin has remained calm in the past 24 hours, with minor gains towards $11,100. Unlike the primary currency, the altcoin market has seen impressive gains, including yesterday’s birthday project – Ethereum and Chainlink. Although the US economy suffered its worst quarter since the Second World War in terms of GDP results, Wall Street is breaking...Read More
On its 5th anniversary, Ethereum (ETH) is presenting its holders with a solid gift. Just moments ago, the cryptocurrency surged by more than 5%, thus marking a fresh high for the past year. ETH Gains 45% in 10 Days The second-largest cryptocurrency by means of market capitalization surge over 5% less than an hour ago....Read More
Ethereum has not only surged to its highest price for over a year, it has tapped milestone highs in other on-chain metrics as well. Today is the network’s 5th anniversary. Hash Rates at 20-Month High ETH 1.0 is still proof of work, which means there are still miners seeking profits by producing more blocks. Mining...Read More
Ethereum saw a small 1% price fall today as it drops to $318. This comes after four days of ETH trying to break resistance at $323. Against Bitcoin, Ethereum fell from 0.0317 BTC as it reached the support at 0.0284 BTC ETH/USD: Bulls Challenged By $323 Resistance Key Support Levels: $306, $300, $287.Key Resistance Levels:...Read More
Bitcoin attempted another bullish movement yesterday, but it got rejected when it approached the next resistance line. The majority of the altcoin market is retracing slightly today, following a few days of gains. The S&P 500, Dow Jones, and Nasdaq marked increases yesterday, following an announcement from the Fed pledging to keep the interest rates...Read More
After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC. Bitcoin At $11,000 The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for...Read More
Ethereum saw a small price drop today as the coin falls to $316. This comes after ETH managed to increase by a total of around 30% this week. Against Bitcoin, Ethereum reached as high as 0.0317 BTC but has since dropped to 0.0288 BTC. ETH/USD: Bullish Push Stalls At $323 Key Support Levels: $306, $300,...Read More
The ETH2 validator launchpad is now live, according to the Ethereum Foundation. Thus, potential validators can learn how the upcoming network works. Ethereum 2.0 Validators Can Deposit Into Medalla Those who want to become validators in the upgraded version of Ethereum, which will fully adopt Proof of Stake (PoS) soon, can finally get familiar with...Read More
It’s been quite a year for Ethereum as on-chain activity on the network continues to spike, comparable to what it was during the bull run of 2017. Tx Fee Surged 688% According to new research on Decentralized Finance (DeFi) by Xangle, a global crypto-asset disclosure platform, the transaction volume and fees on the Ethereum network...Read More
Crypto asset markets have been on fire over the weekend with a surge of $17 billion, or just under 6%, since Saturday morning. The move has lifted total market capitalization to its highest level since mid-February, and the first time it has been over $300 billion for five months. Cryptocurrency Market Capitalization YTD. Source: CoinMarketCap...Read More
Bitcoin started gaining momentum yesterday and saw its price increase above the coveted $10,000 mark. At the same time, gold continued its recent surge by marking a fresh all-time high. Some altcoins retraced heavily in the past 24 hours, helping Bitcoin’s dominance reclaim some lost ground. Bitcoin Stands Above $10k After weeks of trading within...Read More
Ethereum saw a massive price increase over the past 24 hours, which allowed it to push above the $300 level. The cryptocurrency continued to drive upward from $300 today as it reached as high as $320 before dropping. Against Bitcoin, Ethereum created a fresh 2020 high as it reached 0.0317 BTC. ETH/USD: Break Above $300...Read More
Bitcoin continued its steady bullish move, and currently trading safely around the $9,700 mark, while Ethereum has breached above the $300 level. Other altcoins have also marked significant gains in the past 24 hours, thus reducing BTC’s dominance over the market towards the 60% dominance, which is a new year low. Altcoins On The Rise...Read More
Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards. At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce. Gains In The...Read More
Bitcoin Bitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase...Read More
The total market capitalization has lost about 4 billion of its value in the past few hours, and the question is if this is simply a correction or a trend reversal. At the same time, the precious metal market continues to soar with record gains, particularly silver. Crypto Market Retraces By $4B Volatility returned to...Read More
Ethereum co-founder, Vitalik Buterin, recently posted on the progress being made on the interoperability between the two Ethereum chains. Serenity will usher in a completely new blockchain for the platform, but there will be a transition period when both the new and the old will need to work together. Work on “the eth1 -> eth2...Read More
Ethereum saw an impressive 13% price surge today as the coin reached as high as $276. This allowed ETH to break out of the previous phase of consolidation and turn bullish. Against Bitcoin, Ethereum is attempting to create a fresh high-day closing candle for 2020. ETH/USD: Bullish Breakout Could Start Surge Toward $300 Key Support...Read More
Reacting to positive news from the US, Bitcoin continued its decisive move forward, reaching an intraday high of $9,560. On its way up, the primary cryptocurrency took most of the altcoins along for the ride, and they managed to decrease BTC’s dominance to 61.6%. Bitcoin To $9,500 Following weeks of stagnant price actions, Bitcoin made...Read More
Ethereum is currently one of the top-performing high capitalization crypto assets with a surge of 11.5% on the day to reach a five-month high of $270. ETH on a Tear The move was initiated a few hours ago following weeks oscillating between $225 and $245. A minor pullback has occurred as trading begins in Asia,...Read More
Ethereum saw a small increase today as it attempts to break the resistance at $245. Against Bitcoin, Ethereum retested the 0.0263 BTC level. ETH/USD: Bulls Looking To Break Above Ascending Triangle. Key Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265. Ethereum was trading at the lower boundary of an ascending triangle pattern earlier...Read More
After weeks of sitting in a tight range, Bitcoin finally made a move yesterday and conquered the $9,300 resistance. The majority of large-cap altcoins also followed the upward tick, and, as usual, there are some notable fluctuations among low-cap alts. Bitcoin Is Alive The last time the primary cryptocurrency stood above $9,300 for more than...Read More
Ethereum increased by a small 1.62% over the past 24 hours as it reached $238. The cryptocurrency remained above a rising trend line this weekend, which kept the uptrend intact. Against Bitcoin, Ethereum rebounded from the 0.0253 BTC level to reach 0.026 BTC today. ETH/USD: Bulls Defend Rising Trend Line To Keep Bull Run Alive...Read More
Proof of Work, a consensus mechanism, has proved to be the backbone of some of the leading and widely-adopted blockchain networks. These include Ethereum, Litecoin, and, of course, Bitcoin. Many from the blockchain industry have wondered how come Proof of Work (PoW) remained so resilient over all these years. Some are even baffled by its...Read More
