Ethereum price extended its increase above the $3,000 resistance against the US Dollar. ETH price is now trading well above $3,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,040 on the 4-hours chart (data feed from Coinbase). The pair is consolidating gains and it might start a fresh increase above $3,200. Ethereum price is showing positive signs above $3,000 against the US Dollar. ETH/USD must stay above...
Read More »Many Think Ethereum Will Rule Following “London”
The cryptocurrency space is climbing towards a market cap of roughly $1.7 trillion given that bitcoin is now trading above $42,000 – something it hasn’t done in a very long time. The currency was allegedly given a slight push by the “London” upgrade that occurred for Ethereum a few days earlier, and this upgrade likely caused several other altcoins (such as Cardano and Polkadot) to shoot up as well. Ethereum Is Slated to Flip Bitcoin in the Coming Years But while bitcoin...
Read More »Cambodia Unveils a New Bank-Issued Cryptocurrency Called Bakong
Cambodia is another country that is heavily reliant on the U.S. dollar. Tired of its dependence on USD, the country has launched a centralized, bank-issued cryptocurrency, hoping that people will begin to utilize it for payment purposes, and thus far, the results have been rather positive. Cambodia Has Unveiled an Official CBDC As it turns out, El Salvador – which has been in the news quite a bit as of late – is not the only country out there that depends heavily on USD...
Read More »Stellar Lumen (XLM) Price Corrects Lower, $0.27 Holds The Key
Stellar lumen price started a decent increase above the $0.2800 resistance against the US Dollar. XLM price is now trading near $0.2800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.2760 on the 4-hours chart (data feed via Kraken). The pair is likely to start another increase as long as it is above the $0.2700 support zone. Stellar lumen price is showing positive signs above $0.2700 against the US Dollar,...
Read More »Ripple Price Analysis: Dips Remain Supported Near 0.75
Ripple price gained traction and it rallied above $0.7500 against the US dollar. The price is now trading well above the $0.7500 resistance and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.7500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $0.7000 support zone. Ripple price is trading in a positive zone above $0.7500 against the...
Read More »Ethereum Surges Following Upgrade Codenamed “London”
Ethereum is surging like crazy as of late. Many investors are piling into the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin after its newly scheduled upgrade took place. The upgrade is simply going by the codename “London” at the time of writing. Ethereum Is Booming! Over the past day alone, Ethereum has surged by more than eight percent. It appears the currency’s rally is allegedly helping its fellow altcoins, such as BNB –...
Read More »Bitcoin Suprasses $45K: Dogecoin Skyrockets 25% (Weekend Watch)
The weekend continues with impressive gains for bitcoin as the asset spiked above another coveted price line by reclaiming $45,000. Most altcoins are also well in the green, led by a massive surge from Dogecoin of over 25% in a day. Bitcoin Breaks Above $45K The positive developments in terms of USD price continue in the cryptocurrency market. The largest asset, bitcoin, has been on a roll since mid-July when it dropped below $30,000. Since then, though, the bulls have kept...
Read More »BSV Has Become the Latest Victim of a 51% Attack
Bitcoin SV (BSV) – a currency that emerged a few years ago through a hard fork of bitcoin cash – has been subjected to a 51 percent attack. Analysts claim that the attack may have been an attempt to fully destroy the asset. Bitcoin SV has now dropped by more than five percent. BSV Is Under Attack A 51 percent attack usually occurs through the hands of a miner or miners that are looking to somehow profit from a particular asset’s blockchain. The persons involved try to...
Read More »London Hardfork lässt Ethereum-Preis steigen
Die London Hardfork wurde erfolgreich umgesetzt. Mit ihr kam es nicht nur zu weiteren Updates für den ETH, sondern auch zu einem Kursanstieg, der Ethereum wieder über 3.000 US-Dollar schob. Eine der wichtigsten Neuerungen nach der Fork betrifft die Gas-Gebühr. Ethereum News: London Hardfork lässt Ethereum-Preis steigenDie Gas-Gebühr wird bei jeder Transaktion im ETH-Network generiert. Nach der aktuellsten Hardfork wird diese nicht mehr an die Miner ausgezahlt, sondern „geburnt“, wodurch sie...
Read More »Wallbitex: A Secure Exchange for Instantly Buying Cryptocurrencies
Cryptocurrencies have become widespread among users, and now you can buy bitcoin or altcoins in many different ways: using exchanges, exchangers, using sellers or even vouchers. Each of these methods has advantages and disadvantages. To choose the appropriate method, you need to answer the question: for what purpose do you want to buy cryptocurrency? If you are a beginner and are going to store coins safely in your wallet, then you do not need to open an account on...
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