Ethereum (ETH)

Ethereum’s price dropped under $4,000 for a brief period on Thursday before heavily recovering. However, the danger is not over yet, as ETH needs to break above critical key resistance. Key Support levels: $4,000 – $3,850 Key Resistance levels: $4,350 – $4868 (ATH) – $5,075 ETH’s price is currently hovering around the key resistance of $4,350, the level that ETH was unable to close above over the past five days. If failing to do so, ETH is likely to see another drop to retest...

Bitcoin continues its recovery attempts by touching $59,000, while most of the altcoins have remained stagnant since yesterday. Avalanche is once again the most significant gainer. AVAX charted a new all-time high (again) and is close to surpassing Dogecoin in terms of market cap. AVAX on a Roll Most altcoins plummeted in value in the past week or so and tried to bounce off yesterday. Ethereum, for example, went below $4,000 for the first time in over a month shortly after...

According to Tony Richards – Head of payments policy at the Reserve Bank of Australia (RBI) – the assumption that 5% of the local population are Dogecoin owners is exaggerated. He also does not think that cryptocurrencies present a threat to the Australian dollar or the country’s financial network. Crypto Investors in Australia Are Not That Many The results of a recent survey revealed that one in every six Aussies is a cryptocurrency holder. Taking a closer look at the...

LBank Exchange, a global digital asset trading platform, announced that it will list BabyEthererum (BBETH) token on November 20, 2021. With more than 14,000 holders already, BabyEthereum aims to become the next token that breaks the crypto landscape. Up to 8% of every buy / sell is taken and redistributed to all holders to get Ethereum, one of the most valuable coins on the market. Specifically speaking, BabyEthereum taxes 13% on every buying, 6% of it will be rewarded...

According to legendary investor Ken Griffin, bitcoin will soon be a thing of the past. The world’s number one digital currency by market cap will eventually be outdone by its main competitor Ethereum, which in turn, will be outdone by a whole new generation of digital currencies. He suggests that this will be a vicious cycle, in which many crypto assets likely will not survive and be replaced by future coins. Ken Griffin Thinks ETH Will Outdo BTC In an interview, Griffin...

This week brings both good and bad news, depending on where you look it from. For Metaverse aficionados, the week was quite great, but for the rest of the market – it was downright bleak. So, let’s start with the broader market. Bitcoin is down over 10% in the past seven days, and there’s no other way of looking at it – it wasn’t pleasant. The cryptocurrency tumbled below $56K for the first time since late October and liquidated millions worth of both long and short positions...

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This week the market took a downturn which resulted in most cryptocurrencies suffering significant losses. We take a look at Ethereum, Cardano, Ripple, Binance Coin, and Solana. Ethereum Ethereum broke below the ascending wedge this week and corrected all the way to $3,958. Compared to last week, ETH registered a -11.3% correction and fell under $4,000 for the first time in November. The first sign that such a correction could take place was given by the daily MACD that did...

cBridge – the multi-chain network that’s designed to enable value transfers into Ethereum and its layer-two scaling solutions, has surpassed $1 billion in terms of total cross-chain transaction volume and assets bridged. According to a press release shared with CryptoPotato, Celer Network’s cBridge has achieved a considerable milestone, surpassing $1 billion in total cross-chain and transaction volume and assets bridged. This comes only four months after cBridge was...

INTERNET CITY, DUBAI, Nov. 18, 2021 – LBank Exchange, a global digital asset trading platform, will list Chives coin (XCC) on November 19, 2021. For all users of LBank Exchange, the XCC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on November 19, 2021. Since the birth of cryptocurrencies such as bitcoin and Ethereum, the discussions of environmental pollution and energy wasting caused in their mining process have never stopped. As a...