By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests...Read More
Nelson Minier, head of over-the-counter trading at cryptocurrency exchange Kraken, says its volume has increased twenty-fold since 2018. Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his...Read More
ETH price started a downside correction after testing the $202 resistance area against the US Dollar.The price is currently trading below $198 and is trading near the $194 support area.This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely...Read More
The Polkadot network could soon see a big boost in the adoption of its native DOT token. Blockchain—a Luxembourg-based cryptocurrency exchange and digital wallet provider with over 41 million registered users—announced today that it has partnered with Polkadot in a push to “accelerate the adoption and decentralization of Polkadot tokens.” Users of the Blockchain exchange...Read More
There is never a day without intriguing cryptocurrency developments. Those who can look past the drama and hype may have taken note of a surprising bit of news. It appears there will be IPOs issued on top of the Ethereum blockchain. These tokens will serve both security and utility functions. An interesting development to keep...Read More
Nothing but carnage has been seen across the altcoin market, with major crypto assets like Ethereum and Ripple falling to fresh lows and causing widespread panic across the space.The post appeared first on NewsBTCRead More
Amid the roller-coaster market, Ethereum remained the best performing altcoin since inception, signaling strong support from the skeptical community. While efforts to improve ETH’s use cases are primary attributed as one of the reasons for the crypto’s sluggish trading value, Ethereum’s Vitalik Buterin announced an update regarding the soon to expected “Istanbul hard fork.” He...Read More
Ethereum Classic (CURRENCY:ETC) traded 4.8% higher against the US dollar during the 1 day period ending at 8:00 AM Eastern on August 20th. In the last seven days, Ethereum Classic has traded up 1.8% against the US dollar. Ethereum Classic has a market capitalization of $666.15 million and approximately $566.95 million worth of Ethereum Classic...Read More
A voting platform built on Ethereum blockchain – Horizon State – has been shut down indefinitely. As soon as the company winded operations, its native cryptocurrency dubbed Decision Token (HST) faced a significant setback as it plummeted 56%. On their official Facebook page, the blockchain startup based in Australia said they are shutting down operations...Read More
Ethereum naysayers were out in force as the week began after co-founder Vitalik Buterin warned that the network’s blockchain was “almost full.” Buterin: ETH ‘Already Expensive’ In an interview with Canadian mainstream news outlet The Star, Buterin, discussed the future of Ethereum, along with the problems cryptocurrency faces on the path to broader adoption. Using...Read More
A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as well: altcoins.New York-based Ark Investment...Read More
During his recent interview, Vitalik Buterin stressed on key factors of scalability, account security and usability which will steer ahead of the mass adoption of digital currencies. The cryptocurrency community is closely watching all the developments taking place in the Ethereum ecosystem. Over the last year, Ethereum developers have been rigorously working on improving the...Read More
Ethereum’s failed attempt to correct above $205 culminates in a retreat under $200. The prevailing trend is strongly bearish especially with the RSI heading south. Ethereum formidable move from last week’s lows smashed through $200 hurdle. However, the failure to break above $205 allowed the sellers an easy-takeover. For this reason, Ethereum is retreating below...Read More
ETH price extended its recent upward move and tested the $202 resistance against the US Dollar.The price is struggling to gain bullish momentum above the $202 resistance area.There is a short term ascending channel forming with support near $198 on the hourly chart of ETH/USD (data feed via Kraken).The pair could decline a few points,...Read More
Ethereum’s price action has been closely tracking that of Bitcoin over the past several days, and ETH has been able to post a strong recovery from its recent drop to below $185.Analysts are now noting that Ethereum’s ability to break above the key resistance level of $200 may be emblematic of a shifting short-term trend,...Read More
Since April of this year when Bitcoin first spiked over $1,000 in a matter of minutes, sending the first-ever crypto asset out of its bear market depths, Bitcoin dominance has soared, indicating that much of Bitcoin’s rally was fueled by altcoin-driven selling. The impact can be seen in both Bitcoin’s price outperforming most altcoins by...Read More
ZenGo crypto wallet has announced the support for Facebook’s Libra testnet which gives its users a first-hand experience of using Facebook’s native cryptocurrency. Facebook announced its native cryptocurrency Libra in June 2019 scheduled to launch next year in early 2020. However, apart from its native crypto wallet Calibra, Libra is already getting the support of...Read More
Photo: PriceMinister / Flickr Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release. Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month. The company...Read More
Ethereum’s Vitalik Buterin says improving blockchain scalability could slash costs “by over 100” for every crypto transaction. | Source: Abra/YouTube By CCN Markets: Ethereum co-founder Vitalik Buterin says improving scalability could slash crypto transaction costs by a factor of “over 100.” That’s crucial, considering that blockchain has become so much “bigger than bitcoin.” Moreover, Buterin...Read More
Fidelity’s charity arm, Fidelity Charitable, has received more than $100 million in cryptocurrency donations since 2015. But according to the company, this year is not the best one for crypto donations. Fidelity Charitable has accepted cryptocurrency donations since 2015. As the company revealed late last month, in total, it has received more than $106 million...Read More
Crypto markets are moving this Monday as the top two aredriving gains. Over $15 billion has been added to total market capitalization sinceyesterday and altcoins are finally sharing some of the love. Ethereum Back at $200 One of the day’s top movers has been Ethereum which has made it back to the crucial $200 level....Read More
The weekend has been largely one of consolidation for crypto markets as Bitcoin has held on to gains to keep it in five figures. Monday morning, however, has seen some bigger moves on altcoin prices as they outperform their big brother in a rare upswing.Crypto Markets Gain on AltcoinsMost of 2019 has seen the altcoins...Read More
ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar.The price is now trading nicely above the $190 and $192 resistance levels.There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to continue higher,...Read More
As at 2019-08-18 average Ethereum Classic price is 5.64374807 USD, 0.00054269 BTC, 0.02877773 ETH. Ethereum Classic average change within 24 hour is 3.78 against USD, 0.78 against BTC, -2.9 against ETH. Weekly report: -3.62 against USD, 5.91 against BTC, 6.07 against ETH. Monthly report: -2.5 against USD, -1.69 against BTC, 9.45 against ETH. In this...Read More
ETH starts trading above $184 and may cross $185 by the end of the day Ethereum to go bullish in the next 2 weeks surging up to $200 Ethereum may have slumped drastically in the last 2 weeks falling from $216 to its current value below $185. But, it is just a transitory phase, and...Read More
Many of those aboard the crypto hype train stand for assets that take control out of the hands of corporations and governments, into the hands of the user. The decentralization of cryptocurrencies serves not only to take control from the hands of governments, but from the hands of companies as well. With that being said,...Read More
Ethereum faced a massive slump on 14th August; the virtual asset witnessed a major drop of over 13 percent at that time of period which took ETH’s valuation below $200 dollar for the first time in a month. Ethereum continued to dwell under the $200 region following the fall. 12-hour chart Source: Trading View After...Read More
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong upward move...Read More
ETC Price Analysis – August 17 Ethereum Classic price has been behaving astoundingly different. The coin is speculated to launch the upsurge of the market. ETC/USD Market Key Levels:Resistance levels: $6.5, $7.0, $7.5Support levels: $4.5, $4.0, $3.5 ETCUSD – Daily Chart Looking at the price chart, we can see that the volume of transactions is...Read More
Ethereum is currently focused on upcoming hard fork Istanbul. However, this upcoming hard fork will not include the most-talked-about Ethereum Improvement Protocol, ProgPow. The main reason behind this move can be attributed to the security audit of the protocol. ProgPow has been one of the most-awaited upgrades as the protocols aim to tackle ASIC mining....Read More
