Ethereum surged by a total of 13.6% over the last 24 hours as it reaches $175.ETH rocketed higher after breaking the $146 resistance yesterday, allowing it to break resistance at $165 and $170.Against Bitcoin, Ethereum also surged significantly as it climbed from 0.021 BTC to 0.0235 BTC.Key Support & Resistance LevelsETH/USD:Support: $167, $165, $150.Resistance: $175, $180, $187.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.024 BTC, 0.0247 BTC, 0.025 BTC.ETH/USD:...
Read More »Analysis: ETH Price Highly Correlated With The Increasing Unique Ethereum Addresses
New data indicates that the number of active Ethereum addresses could accurately predict the future price movements of ETH. Unique addresses have been rising since March, and the price of the token has been continuously surging.Active ETH Addresses Corresponds With The Price?Information provided from the popular monitoring resource, Santiment, suggested that the number of active Ethereum addresses has been increasing since mid-March. More specifically, after the price plunges that took place...
Read More »Tron (TRX) Price Analysis: Bulls Are Comfortable Above $0.012
Tron price is up more than 8% and it broke the $0.0120 and $0.0132 resistance levels against the US Dollar.TRX price traded to a new monthly high at $0.0140 and it is currently correcting gains.There is a major bullish trend line forming with support near $0.0128 on the 4-hours chart (data feed via Bitfinex).The price could correct in the short term, but it is likely to find support near the $0.0125 area.TRON price is back in a positive zone above $0.0120 against the US Dollar, similar to...
Read More »#853 Erste Banken Pleite USA, Grosser Mining Pool beendet BTC Mining & Dezentrale Videochat App Debrief
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 853. Heute sprechen wir über folgende Themen: Erste Banken-Pleite in den USA – Der Anfang vom Ende, Grosser Mining Pool steigt aus BTC Mining aus & Dezentrale Videochat App Debrief. [embedded content] 1.) Bitcoin News: Erste Banken-Pleite in den USA – Der Anfang vom Ende?https://cryptomonday.de/bitcoin-news-erste-banken-pleite-in-den-usa-der-anfang-vom-ende/ 2.) Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to...
Read More »Ethereum Price Analysis: ETH Rally Could Extend To $188
Ethereum price rallied recently above the $150 and $160 levels against the US Dollar.ETH price even surged above the $165 resistance and tested the $176 region.Earlier, there was a break above a key contracting triangle with resistance near $142 on the 4-hours chart (data feed from Coinbase).The price could correct a few points, but dips remain well supported near $164 or $158.Ethereum price is now trading in a strong uptrend above $158 against the US Dollar. ETH/USD is likely to extend its...
Read More »BTC Dark Web Transactions Have Fallen Big Time
Bitcoin has been struck hard by the economic conditions we’re facing, but there appears to be some positivity in all this. Dark web markets – which typically rely on assets like bitcoin and other crypto to clear transactions – are seeing a lot less business these past few weeks as people turn more to cash than they do digital currencies.The Dark Web Has Taken a Huge HitData from security firm Chainalysis suggests that over the last two months, people have spent a lot less money on the dark...
Read More »COVID-19 Tests And N95 Masks Sold On The Darknet For Bitcoin
Darknet markets are seeing increases of suspicious merchandise advertised to protect or even fight the COVID-19 pandemic. The sales are conducted in several countries using bitcoin and other cryptocurrencies as the primary payment method.Selling Coronavirus Merchandise Via CryptoThe rapidly expanding novel virus scared a lot of people, and they rushed to purchase protective gear such as N95 respirator masks. Naturally, the increased demand and the limited supply boosted the price of the...
Read More »ETH-Based Keep Network Closes Its Latest Funding Round
The Keep Network – which looks to bring a new level of privacy to bitcoin through Ethereum – has closed a funding round that garnered close to $8 million from investors like Paradigm, Collaborative Fund and Para FI Capital.The Keep Network Has a Lot of Money to Its NameThe Keep Network is a regular contributor to what’s known as t-BTC, which seeks to ensure Ethereum-based assets are available on the bitcoin blockchain.Paradigm founder Fred Ehrsam – who also co-founded Coinbase, one of the...
Read More »Microsoft (MSFT) Stock Is Up 5.31% Now, Is It True Winner on the Market?
On Monday Microsoft stock experienced a 5% market rise. The global computer software firm is well-placed to outlive the coronavirus storm better than many other stocks.Global computer software firm, Microsoft Corporation (NASDAQ: MSFT) stock has experienced a 5% market rise on Monday. Since sliding during the coronavirus sell-off, the firm’s stock did not plunge into the red in the first quarter. However, the firm’s stock trades 17% below it high on February 17.In the firm’s fiscal...
Read More »Men Like Raoul Pal Are Buying Up BTC Like Crazy
Former Goldman Sachs fund manager Raoul Pal has warned that the coronavirus’ effects on the global economy are about to get worse. In the meantime, he’s gone ahead and moved more than 25 percent of his portfolio into bitcoin and cryptocurrencies.Raoul Pal Is a Big Fan of BTCThis is an interesting notion on Pal’s part considering many analysts don’t see bitcoin as the “safe haven” so many people would like it to be. The currency is considered by many to have failed the “safe haven” test it was...
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