Litecoin price failed to clear the $150 resistance zone and corrected lower against the US Dollar. LTC price is now trading above $140 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $138 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair might start a fresh increase as long as it is above the $135 support. Litecoin price is holding gains above $135 against the US Dollar, similar...
Read More »Ethereum Price Analysis: ETH Holds $2450 Support Ahead Of Major Network Upgrade
ETH/USD – Ether Falls Below Price Chanel But Finds .236 Fib Support Key Support Levels: $2460, $2400, $2320.Key Resistance Levels: $2550, $2640, $2700. Ethereum surged higher over the past fortnight inside the confines of an ascending price channel. This price channel allowed it to reach as high as $2700 this week. Unfortunately, ETH pulled back slightly from this high and fell beneath the price channel today. After breaking the lower angle of the price channel and the...
Read More »One Day to Go for Ethereum London Hard Fork, Excitement Around EIP-1559 Buils
With just 24-hours left for the upcoming London hard fork, the ETH community eagerly awaits the exciting changes it will bring to the network. There’s been much hype around the arrival of the Ethereum London hard fork and now we are just one day away. The countdown tracker from Ethereum.org shows the hard fork will go live in the next 24 hours from press time. The announcement on the website reads:“The London upgrade is scheduled to go live on Ethereum in August 2021, on block 12,965,000....
Read More »Basketball Legend Charles Barkley: My People Do Not Believe in Crypto
NBA legend Charles Barkley said that his financial advisors do not recommend involving with cryptocurrencies. However, he did not specify why they have such a negative opinion on digital assets. Barkley’s Advisors Say No to Crypto In a recent interview for CNBC, the former professional basketball player Charles Barkley revealed that the people who run his financial operations are not keen on virtual currencies. As he said, one of the advisors even insisted on being fired if...
Read More »Ethereum London Hard Fork Incoming: How Binance and OKEx are Preparing
The Ethereum blockchain is scheduled to undergo the London hard fork, and several exchanges are taking precautions to ensure users’ funds remain secured once the hard fork is successfully deployed. At block height 12,965,000, estimated to take place tomorrow (August 8th, 2021), Ethereum was scheduled to undergo the hard fork, and two scenarios are likely to occur; either the chain is split, and there’s a competing network with a new token or no new token is created, and most...
Read More »Pantera Capital: Ethereum Can Outpace Bitcoin with Launch of Ethereum 2.0
The CEO is much bullish on the transition to Ethereum 2.0 Proof-of-Stake (PoS) blockchain along with the rise of the DeFi market.The Bitcoin (BTC) vs Ethereum (ETH) debate gets intense. This year, a large number of institutional players have extended their support for Ethereum. With the Ethereum hardfork just two days away, Pantera Capital CEO Dan Morehead predicts that ETH will outpace BTC as the largest cryptocurrency.On Monday, August 2, speaking to the Reuters Global Markets Forum,...
Read More »Ethereum Price Analysis: ETH Holding Uptrend Support
Ethereum price extended its increase above the $2,500 resistance against the US Dollar. ETH price is now trading well above $2,400 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,520 on the 4-hours chart (data feed from Coinbase). The pair is consolidating gains and it might start a fresh increase above $2,600. Ethereum price is showing positive signs above $2,400 against the US Dollar. ETH/USD must stay above...
Read More »FUN Token Announces $100K Trading Competition
[PRESS RELEASE – Please Read Disclaimer] It has been an exciting year for FUN Token: In January, the unassuming ERC-20 token was given a new lease of life by a Bitcoin casino with over 46 million users. Since then, FUN has gone from strength to strength in its quest to bring decentralized gaming to the masses. Let’s take a brief look at its journey. 2021: The Year of FUN Token Conceived and created in 2017 by FunFair Technologies, FUN Token boasted a unique vision:...
Read More »Ethereum Price Analysis: ETH Breaks Out of Consolidation Against Bitcoin, What’s Next?
ETH/USD – Ether Hits $2600 After Breaking 100-day MA Key Support Levels: $2545, $2400, $2320.Key Resistance Levels: $2725, $2890, $3000. Etheruem saw an incredible 18% surge this week as it climbs inside the confines of an ascending price channel. The cryptocurrency broke above a descending trend line toward the end of last week and pushed above the 100-day MA level yesterday to hit $2600 today. ETH did surge as high as $2700 yesterday, allowing the coin to set a new high not...
Read More »Helping Ethereum Kick the Bucket: Kick.io is Spearheading the Transition to Cardano-based DeFi
Few experienced analysts would argue that Decentralized Finance (DeFi) has lately been on a rocky path. Unstable rates, numerous marketplace adjustments, and creative destruction are weeding out the weakest participants in the sector while strengthening the leadership of intellectuals. Furthermore, KICK.IO, a decentralized fundraising platform based on the Cardano Network, has seen a great opportunity during the chaos. Although Ethereum, the DeFi industry’s behemoth,...
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