Ethereum’s price action over the past few days has been lackluster, with the cryptocurrency trending sideways as Bitcoin and the aggregated crypto market struggle to establish a decisive short-term trend. One top analyst is now noting that he believes ETH will dip lower before finding any significant support, but bulls could invalidate this bearishness if...Read More
Ethereum, like Bitcoin, is stuck with its price trying to decide which way to move. The brutal sell-off that began on February 24 ended with most altcoins dead in the water. ETH rose 126% since 2020, The post Ethereum at crossroads: 11% surge Vs. multiple bearish scenarios appeared first on AMBCrypto. The post appeared first...Read More
Ethereum and the aggregated cryptocurrency market is currently experiencing a bloodbath, with ETH and most other major altcoins plummeting over 10% as Bitcoin teeters above a critical support level that is beginning to look incredibly weak. This grim price action has done severe damage to the bullish market structures formed by many cryptocurrencies throughout the...Read More
Hey there, welcome to the cryptocurrency forecast for the year 2020. Let’s dive in to know further. The crypto industry is facing a lot of Ups and downs recently. The year 2019 cannot be fully termed as bearish or bullish as the cryptocurrency market experienced both these trends. However, November sees most of the currencies...Read More
Ethereum has been caught within the throes of immense bearishness over the past couple of days, with sellers leading the cryptocurrency to underperform Bitcoin is it smashes through key support level that had been developed throughout the course of its intense 2020 uptrend. Analysts are now noting that the current selloff may cut significantly deeper,...Read More
On 24 February, Bitcoin’s price underwent a similar trend it has familiarized the market with. The price of the world’s largest cryptocurrency, in terms of market cap, started to ascend towards the The post Bitcoin longs worth $23 million liquidated as high volatility creeps in appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses. This information came from a report gathered by the popular monitoring resource – coinmetrics. By examining numerous variables of data, the...Read More
Over the past day, the crypto market has effectively flatlined. Per data from CoinMarketCap, Bitcoin has gained 0.12% in the past 24 hours, and Ethereum has shed 0.6%. Despite this consolidation, there are signs that the market is about to break out after Saturday’s non-action, most likely in the upward direction. A Breakout is Building...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
Ethereum has been caught within some turbulence over the past week, with its price action largely mirroring that of Bitcoin and the aggregated crypto market. Earlier this week, ETH plummeted from its recent highs of $280 to lows of $250, before finding some strong buying pressure that has allowed it to climb back to its...Read More
Ethereum‘s 12.43 percent drop on 19 February led to an unexpected slump from $283.82, all the way down to $252.14. Major support levels at $274.81, $270.84, $262.10, all turned to become resistance for a brief period. The pullback continued till 12:00 UTC on 20 February, after which the price underwent some recovery. According to CoinMarketCap,...Read More
Last weekend, the world’s Ethereum fanatics, developers, founders, and companies descended on Denver, Colorado to discuss developments regarding their favorite blockchain. The event they were attending was ETH Denver, a hackathon and convention for all things Ethereum. While the premise of the event was centered around the second-largest blockchain (by its native cryptocurrency’s market capitalization),...Read More
Bulls haven’t stepped in since the price of cryptocurrencies crashed by 10% across the board on Wednesday. Ethereum, as of the time of writing this article, is trading at $256 — just over 11% below the high of $288 seen just last week. While the drop sustained on Wednesday was already brutal in and of...Read More
Ethereum has been subjected to intense volatility over the past several days, which has primarily been rooted in the close correlation to Bitcoin’s price action that it has formed in recent times. This volatility has primarily favored sellers, but it is important to note that it has not been enough to invalidate the bullish market...Read More
Ethereum’s recent price action has been closely tied to that of Bitcoin in the time since it faced a rejection at its recent highs of $290, with its inability to further extend its parabolic uptrend signaling that bulls may not be as strong as they were previously thought to be. Further adding to this bearishness...Read More
On Tuesday, the crypto market mounted a strong recovery, with the prices of Bitcoin, Ethereum (ETH), and other digital assets strongly bouncing off the weekend lows. At Tuesday’s local peak, BTC was trading 8.4% higher than the weekend low of $9,500. And Ethereum had rallied some 20 or so percent from the weekend low. While...Read More
With the crypto-market’s attention presently focused on price movement, many fundamental metrics have undergone critical changes over the past month or so. According to skew analytics, WBTC has been at the head of a crucial development in the ecosystem since 19 January. WBTC, or Wrapped Bitcoin, is an ERC20 token based on Ethereum which is...Read More
Over the past four days, Ethereum has recorded significant price volatility. After registering a significant dump of around 18 percent over 15-16 February, the market’s 2nd largest crypto-asset jumped right back above the $270 mark. Over the past 24 hours, Ethereum had recorded a positive turn around of 8.01 percent, with a market cap of...Read More
The golden cross which took place recently didn’t immediately project the violent pump expected by the market, though there might still be hope for ETH yet. According to CoinMarketCap, Ethereum has a market capitalization of over $27.12 billion, with over $26.82 billion worth of ETH traded in the last 24 hours. Ethereum 1-hour chart Source:...Read More
Cryptocurrencies have become one of the most popular trends over the past years. And the subject continues to attract the attention of both ordinary enthusiasts and those who want to capitalize on it. What should a beginner know to earn enough money to pay off all the loans? How can even an ordinary student make...Read More
Ethereum’s recent rally up to highs of $290 has resulted in a major retrace, with the cryptocurrency’s inability to sustain its recent parabolic gains showing that its ongoing downtrend may cut significantly deeper before it finds any notable support. In the near-term, analysts are expecting the cryptocurrency to see some notable upwards momentum after it...Read More
Ethereum aka the World Computer’s migration to the Proof-of-Stake (PoS) from Proof-of-Work (PoW) chain is taking longer than previously anticipated. It’s obvious considering how huge the network has grown. However, the migration hasn’t been going swiftly; several EIPs have been proposed to improve this. Published 5 days ago, EIP 2515 is trying to squash the...Read More
Bitcoin saw a notable selloff this morning that sent it reeling below its key support at $10,000, which instantly led major altcoins like Ethereum to similarly see major pullbacks. In the case of ETH, this selloff has sent it down to a key near-term support level, and if this breaks, analysts are noting that the...Read More
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year’s fourth quarter. The bank is regarded as one of the cryptocurrency-friendly traditional banking establishments. Last year, BTG started utilizing the Ethereum and Tezos blockchain networks for security token offerings. BTG’s Net Income On...Read More
13 February saw the market take a nosedive as Bitcoin’s price fell under $10,500 after surging for a few hours. This 3.63% fall within hours, resulted in the fall of altcoins, especially the highly-correlated asset to Bitcoin, Ethereum. Ethereum observed a 5.31% fall within 3 hours, pulling the price of the second-largest crypto-asset to $258.79....Read More
Bitcoin’s price, at press time, was $10,144. And while the king coin’s price has dipped significantly over the past few hours, Bitcoin’s surge over $10,300 was the world’s largest cryptocurrency’s biggest rally in 2020. In fact, Bitcoin breached the much-anticipated $10k level twice this week after a significant pullback. Today, Bitcoin is seen by many...Read More
The past week has been noteworthy for most crypto-assets, with a majority of them recording significant gains. The world’s largest crypto-asset, Bitcoin, surged by over 9% over the past week, while most other altcoins in the top 10 registered double-digit growth. Ethereum and other smaller-cap assets have been outperforming Bitcoin too, with the second-largest coin...Read More
When the concept of a stablecoin was first introduced, it took the cryptocurrency industry by storm. Trading moved faster, liquidity rose, and markets became more efficient. Further, the introduction of stablecoins enabled users to make cryptocurrency payments without the risk of volatility. Though stablecoins have changed the way crypto-markets work, a number of controversies surrounding...Read More
Sigma Prime’s Lighthouse project just unveiled an Ethereum 2.0 testnet it hopes will be capable of handling 100,000 validators. Sigma Prime is ready to stress test the Ethereum 2.0 client before it goes public. Paul Hauner, a lead developer for Lighthouse, posted a video unveiling the ETH2.0 testnet on Twitter this week. In a reply...Read More
These days, cryptocurrencies are becoming more mainstream. So it’s no wonder that more gambling venues are offering options that allow punters to pay with cryptocurrency. Online casinos have been offering this facility for a while now. But even standard casinos are now offering table games that players can join in with and pay with Bitcoin...Read More
