According to a recent statement by Vitalik Buterin, he managed to convince the Ethereum Foundation to sell 70,000 ETH at the height of 2017’s parabolic run, resulting in a $100 million liquidity. ETH is still the second-largest cryptocurrency by market cap. However, its price today is nowhere near what it used to be two years...Read More
Ethereum and the aggregated crypto markets have been caught in a firm downtrend since early-November, and dwindling trading volume has resulted in ETH and other cryptocurrencies facing an ongoing period of sideways trading that has been frustrating for investors and traders alike.This lack of volatility has especially impacted Ethereum, which is currently witnessing the lowest...Read More
Ethereum is slowly recovering from the $140 support area against the US Dollar.The price is currently facing resistance near the $145 level and the 100 hourly SMA.There was a break above this week’s key bearish trend line with resistance near $144 on the hourly chart of ETH/USD (data feed via Kraken).The price might make another...Read More
Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this service...Read More
Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this service...Read More
Ethereum dropped back beneath the $150 level to create a fresh low for December at $140. The cryptocurrency trades strong against BTC as it remains above 0.02 BTC. It has dropped by a steep 22% this month as the bears keep their strong grip on momentum. Key Support & Resistance Levels ETH/USD Support: $145, $138.80,...Read More
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will be able to self-certify the compliance of their new...Read More
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will be able to self-certify the compliance of their new...Read More
It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector.Ethereum Hits $140Ethereum is still deep in a two...Read More
Ethereum is down more than 2% and it broke the $142 support area against the US Dollar.The price is currently correcting higher, but it could face hurdles near $142 and $144.Yesterday’s major bearish trend line is active with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken).The price remains in a...Read More
Ethereum has had a turbulent week, with much of its recent price action favoring sellers as the crypto has faced a steady stream of downwards pressure in the time following ETH’s recent visit to over $150 earlier this past week.Although all eyes are closely watching Bitcoin’s near-term price action, it is important to note that...Read More
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong demand” for these products. Also read: Wisdomtree’s Physically Backed Bitcoin ETP Goes Live...Read More
Ethereum is holding the main $144 support, but also struggling to rise against the US Dollar.The price is now trading below the previous support (now resistance) near $148.There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken).The price is likely to struggle near...Read More
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but the company closed their account...Read More
Ethereum saw a major reduction in Google searches in the last few months, attracting less attention than ever before. Ethereum Less Popular Now Than When it Was $20 Ethereum (ETH), the second-largest cryptocurrency by market cap, is going through an interesting period as of late. A Trustnodes report indicates that the project has seen the...Read More
Ethereum is struggling to clear the key $152 resistance area against the US Dollar.The price is declining and it is now trading near the $146 support area.Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).The price could continue to move down and it...Read More
Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with innovations and partnerships, some of the community is arguing that Tezos might be skyrocketing soon, resembling Ethereum’s surge from 2017. Is Tezos The New Ethereum? 2017 was...Read More
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar.The price is likely to rally significantly once there is a clear break above $152.There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).The price could dip a few points,...Read More
Ethereum’s price action has been closely correlated to Bitcoin’s over the past several weeks, leading ETH’s price to dip into the lower-$150 region, which is where it has been able to find some levels of support.Ethereum’s much-anticipated Istanbul hard fork has come about concurrently with ETH’s ongoing downtrend, and it appears that investors are not...Read More
Ethereum and most major altcoins have been closely tracking Bitcoin’s price action as of late, and the aggregated market has been unable to find any decisive momentum over the past few weeks. This lack of momentum has caused ETH to hover around the $150 region as bulls and bears remain deadlocked.Analysts are now noting that...Read More
The long-awaited Ethereum Istanbul hard fork will take place at 12 AM GMT on December 8. Once again, most ETH nodes are waiting until the last moment to upgrade. Ethereum Nodes Wait to Upgrade Until Last Moment Based on Ethernodes, the percentage of nodes that had not upgraded with the Istanbul version was pegged at...Read More
Ethereum client Parity released an urgent announcement, admitting that they forgot to include an EIP in the latest upgrade. Ethereum’s Biggest Client Forgets EIP Inclusion A recent announcement posted by one of Ethereum’s biggest clients, Parity, came as a surprise. The service admitted that it forgot to include an EIP (Ethereum Improvement Proposal) into their...Read More
A major network upgrade or hard fork is usually bullish for a crypto project. Ethereum has long been subject to indignation from its adversaries for its lack of scalability and network problems when under pressure. The first phases of a long awaited protocol upgrade are about to be rolled out but will they have any...Read More
ETH price is finding a strong buying interest near the $165 level against the US Dollar.The price is currently climbing higher and testing a major resistance area near $180 and $182.There was a break above a major bearish trend line with resistance near $176 on the 4-hours chart of ETH/USD (data feed via Kraken).There are...Read More
After a bull run last week, ETH bottomed out at $168. The Ethereum price is finally recovering once again, this time aiming for the $180 level. Trading at $178 on Bitstamp at the time of writing, ETH peaked at $180 earlier today. Let’s see if there are any new developments in Ethereum since yesterday and...Read More
Ethereum (ETH) – along with most major cryptocurrencies – has been facing significant selling pressure in recent times and has failed to regain its previous support level of $185, despite Bitcoin expressing some hints of bullishness.New data suggests that Ethereum’s investors have a significantly higher turnover rate than Bitcoin’s investors, which may signal that any...Read More
After a high $178 earlier this week, Ethereum price is having a hard time staying afloat above the $170 level. Currently trading at $169.32 on Bitfinex, the market seems to be recovering. Today wasn’t the best day for cryptocurrency as its market cap lost close to $10 billion in value. Let’s take a look at...Read More
After testing $180 two days ago, ETH / USD bottomed out at $171 on Bitstamp. Right when the price hit that level, decent buy volume pumped the Ethereum price to $175. Due to lack of volume, the market since then has been trading sideways, just like most other cryptocurrencies today. Let’s go over any Ethereum...Read More
ETH price extended its decline and tested the $170 support area against the US Dollar.The price is currently correcting higher, but it is struggling to break the $175 resistance area.There was a break above a major declining channel with resistance near $173 on the hourly chart of ETH/USD (data feed via Kraken).The bulls need to...Read More
Another boring day in crypto where the markets don’t seem to be moving much. Most cryptocurrencies are trading sideways after a brief bull run last night. Let’s take a look at some of our favorite altcoins and see if the indicators tell us what’s to come ahead. Ethereum Price Analysis (ETH/USD) On today’s hourly chart,...Read More
