Ethereum (ETH)

Ethereum price is holding gains above the $450 and $440 support levels against the US Dollar.ETH price is currently trading well above $450 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $452 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher once there is a clear break above $470 and $472.Ethereum price is trading in a positive zone above $450 against the US Dollar. ETH/USD could accelerate higher...

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $462.50, $475, $490. Etheruem reached as high as $475 last Friday, where it hit the resistance at the September high-day close. From there, it headed lower over the weekend, which was largely due to Bitcoin dropping back beneath the $16,000 level and some divergence playing out that we highlighted in the last analysis. As a result, Ethereum fell as low as...

Jaan Tallinn noted that the reason for donating in Bitcoin and Ethereum is the fact that it is much easier to send digital assets.Estonian investor and Skype Co-founder Jaan Tallinn has most of his wealth in digital assets: Bitcoin and Ethereum. This is according to a post on media outlet Fortune that highlighted that the Estonian computer programmer donated 350 units of Ethereum and 50 Bitcoins in the past few years to a London-based company called Faculty AI. Apparently, according to the...

Hong Kong-based cryptocurrency exchange KuCoin aims to enter the non-fungible token market as its liquidity trading platform Pool-X will open deposits of NFT assets starting November 16th. Pool-X will launch an exchange platform designated for NFT tokens in the upcoming months. KuCoin To Launch An NFT Exchage According to the announcement from earlier today, the Pool-X platform will open the deposit services of Dego.Finance NFT assets from November 16th. Withdrawals will...

PayPal is clearly moving as quickly as it can. Just a few weeks ago, the company announced that it was changing its platform so that users could potentially purchase cryptocurrencies such as bitcoin and Ethereum. In addition, customers could also pay for items and services utilizing digital assets.PayPal Removes All Recent RestrictionsWell today, it looks like all of PayPal’s cryptocurrency services are being made available to all customers in the United States, suggesting that the company is...

Blockchain analysis company Chainalysis has unveiled a new program that will allow it to monitor all the assets that were seized from criminal operations. Analysts have emerged to claim that these assets are likely to include cryptocurrencies such as bitcoin, Ethereum and other mainstream digital tokens.Chainalysis Seeks to Make Things Simpler for RegulatorsOver the last few years, the crypto space has come a long way, establishing itself as a serious contender in the world of finance. Many...

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $475, $490, $500. Ethereum managed to surge higher from the resistance at $462.50 (bearish .886 Fib) yesterday as it pushed into the $475 resistance provided by the September High-Day closing price. Unfortunately, the coin was unable to continue further above $475 and has since dropped to the $460 level. Despite today’s healthy price drop, Ethereum is...

When the Crypto Twitter community reacts, it does so in a big way. And when the guys from the Bitcoin neighborhood unite, there’s nothing to stop them, especially when it comes to criticizing traditional financial institutions —whether they’re crypto-friendly or not. If this seems hard to believe, ask PayPal, who had to deal with significant criticism after publishing something about Bitcoin that was not swallowed easily by the Crypto Twitter community. What PayPal Did In...

Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over and drop into the $14,850 support last Saturday. Bitcoin managed to rebound higher from there as it started to climb on Sunday. The coin did not return to $16,000 until Wednesday,...

Binance has highlighted that its users can stake their Ethereum, BNB, and BUSD in different pools of choice to earn new Unifi tokens.Cryptocurrency exchange Binance has today announced that it has introduced Unifi Protocol DAO (UNFI) on its Binance LaunchPool as its eighth project.According to Unifi Protocol’s white paper, the project is dubbed as ‘a group of non-custodial, interoperable, decentralized, and multi-chain smart contracts providing the building blocks for the next generation of...