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Ethereum (ETH)

Weekly Recap: Bitcoin and Ethereum Enter New Bullish Cycle, But Technicals Spell Trouble

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly price movements.Bitcoin Generates 18.24% in Weekly Returns as Buying Pressure SkyrocketsThe flagship cryptocurrency has entered a new bullish cycle that seems to be supported by a massive influx of institutional capital into the cryptocurrency industry. As billionaires like Stanley Druckenmiller and Paul Tudor Jones shift towards Bitcoin as a hedge against a weakening US...

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#1019 ETH 2.0 Countdown, CipherTrace Patent Monero Verfolgung & Paypal Bitcoin Treiber

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1019. Im heutigen Video geht’s um folgende Themen: Countdown für ETH 2.0, CipherTrace Patent zur Monero Transaktion Verfolgung & Bitcoin wird knapp – Paypal treibt die Rallye. 1.) Countdown für ETH 2.0: Nur wenige Tage bis zum Start – doch es gibt immer noch Hürdenhttps://coincierge.de/2020/countdown-fuer-eth-2-0-nur-wenige-tage-bis-zum-start-doch-es-gibt-immer-noch-huerden/ 2.) CipherTrace files patents for...

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Ethereum Prices Tear to $585 as Staking Reaches 55%

While Bitcoin briefly dabbled with $19k on Saturday, it found resistance there and has retreated a couple of percent to the mid-$18k range. Ethereum on the other hand has kept the momentum running and has powered to its highest price since June 2018.The green candles for Ethereum just keep coming as it surged from just over $500 on Saturday morning to top out at $585 by Monday morning.Over the past seven days, Ethereum has cranked 26% from around $460 this time last Monday. Since the...

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Ethereum Soars 23% Weekly To New 30-Month High: Is $600 Incoming? (ETH Price Analysis)

ETH/USD – Ethereum Returns To June 2018 Price LevelsKey Support Levels: $550, $521, $500.Key Resistance Levels: $580, $600, $620.Ethereum broke the $500 level for the first time in 2020 last Friday as it surged into the $511 resistance. Yesterday, the bulls continued to drive ETH even higher as they closed the day slightly above the $548 resistance (bearish .618 Fib Retracement).Today, after a retest of the same $511 resistance turned support level, the bulls penetrated $550 to reach as high...

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OpenDAO Governance Token OPEN Will Launch in DeFi Bull Market

The launch of OPEN tokens on November 26 may be in time for investors. Moreover, there are specific fundamentals that may support prices. In less than a week, OPEN, the governance tokens of the OpenDAO protocol, will launch as per an update on Nov 12. The release will allow users to purchase the ERC-20 token from Uniswap and Cash Box.Uniswap’s liquidity will be provided by Cashbox Liquidity Providers (LPs). Those with allocation will receive tokens 24 hours before the official listing.DeFi’s...

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Polkadot Aims to Become The New Home for The $14 Billion DeFi Industry

The decentralized finance (DeFi) ecosystem has seen a parabolic explosion in usage since the start of 2020.Data indicates that the total value locked in DeFi applications has just reached a new all-time high of $14.39 billion. At the start of 2020, this metric was closer to $500 million.Dune Analytics also reports that the total number of DeFi users has surpassed 800,000. At the start of 2020, this number had not even crossed 100,000. This growth has largely been a byproduct of Ethereum-based...

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Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

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Crypto Price Analysis & Overview November 20th: Bitcoin, Ethereum, Ripple, Litecoin, and Polkadot

BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...

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Ethereum Price Breaks $500 Barrier for First Time Since July 2018

Ethereum price breaking above the $500 level is a confirmation of the long-awaited bull rally.The second-largest digital asset by market capitalization Ethereum has surpassed the $500 level for the first time since July 2018. The price of Ethereum (ETH) was around $502.64 at the time of writing having jumped approximately 6.4% in the past 24 hours according to the metrics provided by CoinGecko.The Ethereum ecosystem is a major project that holds the success of most crypto projects....

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Top DeFi Tokens Explode as TVL Nears $14 Billion

It’s an all-around green day in crypto land. Bitcoin price has surged beyond $18,000, closing the gap with its previous all-time high of $20,000. ETH just rocketed past $500 for the first time in two years.But apart from the usual cryptocurrencies, decentralized finance (DeFi) tokens are sitting on gains as a majority of them exploded in valuations over the past couple of days.Top 100 DeFi Coins Register Explosive Weekly GainsA bull market pulls every asset out of the bearish rut. The same is...

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