While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms. Chainlink (LINK) continues to impress with its performance,...Read More
The highly anticipated upgrade from ETH 1.0 to ETH 2.0 has been in the pipeline for a couple of years now. The initial phase, Beacon Chain, has been running full nodes on testnet since May, and staking rewards are being paid out to validators testing the new platform. The mainnet launch is unlikely to happen...Read More
Ethereum saw a sharp 3% price drop today as it falls to the $230 level. This price decline has put ETH in danger of breaking beneath a rising trend line and turning bearish. Against Bitcoin, Ethereum fell lower from the 0.0263 BTC resistance to reach 0.0253 BTC again today. ETH/USD: ETH Bears Push Into Trend...Read More
Ethereum saw a small 1.6% price drop today as the coin reached the $240 level. Earlier in the week, ETH hit the $250 level but was unable to overcome it, which caused it to fall to $240. Against Bitcoin, Ethereum has traded in a range between 0.026 BTC and 0.026 BTC this past week. ETH/USD:...Read More
Ethereum saw a 2.2% price decline today as it dropped from $250 level to hit $240 today. Earlier in the week, ETH rebounded from the strong $225 support, which allowed it to start to climb toward $250 this week. Against Bitcoin, Ethereum created a fresh 3-month high after breaking above 0.026 BTC to reach 0.0263...Read More
Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%. Bitcoin’s False Breakout After the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at...Read More
Following days of stagnant price actions, Bitcoin finally made a move and tested the $9,500 level where it got rejected. At the same time, most alternative coins are still in the green after yesterday’s impressive gains, hinting that an altcoin season may be in the making. BTC Tests $9,500 As CryptoPotato reported previously, the primary...Read More
Ethereum saw a 1% price hike over the past 24 hours as the coin reached $240. The cryptocurrency rebounded from the strong support at $225 as it edges toward $250. Against Bitcoin, Ethereum finally managed to break the strong resistance at 0.0253 BTC. Key Support & Resistance Levels ETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support:...Read More
Bitcoin was trading in a tight range over the past range, but the last few hours were marked with notable volatility. The price tumbled to $8,893 on Binance, but it bounced back to $9,240, charting gains of about $350. This happened as futures for legacy market indices and stocks are also trading in the green...Read More
After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges. As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours. Bitcoin Dips Below $9k As reported yesterday, the primary cryptocurrency made an indecisive attempt...Read More
Ethereum moved sideways over the past 24 hours as the bulls battle for the $225 level. The cryptocurrency has been falling all week as it drops by 5% after failing to break $250 last week. Against Bitcoin, Ethereum is attempting to reclaim the 0.025 BTC level. Key Support & Resistance Levels ETH/USD:Support: $225, $215, $210.Resistance:...Read More
Ethereum saw a sharp 5.6% price fall this past week as it drops to $223. This has caused ETH to penetrate beneath a rising trend line that has been in play since mid-March 2020. Against Bitcoin, Ethereum failed to overcome 0.0253 BTC again and dropped to 0.0245 BTC. Key Support & Resistance Levels ETH/USD:Support: $215,...Read More
The crypto investors suffer from hard days recently, as the primary cryptocurrency tumbled approximately $1000 over the past five days. After a long battle to maintain the $9K mark, Bitcoin finally lost, and immediately plunged to $8816 on Binance Futures exchange, which is the current daily low, as of writing these lines. Aside from a...Read More
Recent data indicates that Ethereum miners prefer holding their mined coins and have increased their balance in the past few weeks. At the same time, the number of ETH addresses containing from 100,000 to 1,000,000 coins have jumped by nearly 5% in June alone. Ethereum Miners HODL Because of the current proof-of-work consensus algorithm that...Read More
Ethereum dropped by a small 1% over the past 24 hours as it fell to $232. The cryptocurrency is still trading above a rising trend line that has been in play since mid-March 2020. Against Bitcoin, Ethereum found support at 0.0243 BTC as it looks to tackle 0.025 BTC again. Key Support & Resistance Levels...Read More
Ethereum increased by 4% over the past 24 hours as it now trades at $233. The cryptocurrency spiked lower yesterday as it broke beneath a rising trend line, but the buyers quickly regrouped to push ETH above it before the close. Against Bitcoin, Ethereum fell into the support at 0.00243 BTC and rebounded from there....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
Bitcoin Bitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday. Luckily, it found support at...Read More
Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230. The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far. Against Bitcoin, Ethereum struggles at the 0.025 BTC level. Key Support & Resistance Levels ETH/USD: Support:...Read More
Ethereum surged by a total of around 20% over the past two weeks, but it struggles to break $250. The cryptocurrency has been trading between $235 and $250 for the entire period of June. Against Bitcoin, Ethereum struggles to pass the resistance at 0.0253 BTC. Key Support & Resistance Levels ETH/USD: Support: $240, $235, $225....Read More
Bitcoin Bitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high. Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week...Read More
Ethereum’s hash rate has increased by nearly 30% since the start of 2020 to the current levels of 187,369 GH/s suggesting that miners are becoming more involved before the impending launch of Ethereum 2.0. ETH Hash Rate Rises In 2020 According to data from Etherscan, ETH’s hash rate started the year at approximately 147,405 GH/s....Read More
Ethereum surged by 15% over the past week of trading as it reaches $243. The coin broke above an ascending triangle pattern to end the consolidation during the week. Against Bitcoin, Ethereum has broken the upper boundary of a wide symmetrical triangle. Key Support & Resistance Levels ETH/USD: Support: $240, $225, $220. Resistance: $245, $250,...Read More
Ethereum surged by a total of 6% over the past 24 hours of trading as the coin breaks $250. Before this, ETH was struggling with the resistance at $244 – which has now become strong support. Against Bitcoin, Ethereum remains within a wide symmetrical triangle as it attempts to break the upper boundary again. Key...Read More
Ethereum completes a daily 10% price increase, and a 7-day 15% gains, recording a current high of $245. ETH hit resistance at a bearish .786 Fib Retracement before dropping by 2.5% today down to the $235 price region. Against Bitcoin, Ethereum exploded to 0.025 BTC, which is a new 30-day high. Key Support & Resistance...Read More
The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.” ETH’s Role On Ethereum Blockchain Decreases Per the research provided by Messari’s...Read More
Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it...Read More
Ethereum is stuck at 0.023 BTC resistance after forming a cup-and-handle pattern It is gaining strength again after reclaiming the crucial $200 mark this week ETH/USD: Ethereum Recovers Well Above $200 Key Resistance Levels: $226, $237, $246 Key Support Levels: $211, $200, $191 ETH/USD. Source: TradingView There’s no doubt that the bulls are coming up...Read More
Bitcoin Bitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into...Read More
