Ethereum (ETH)

ETH/USD – Bulls Defending .382 Fib Retracement Key Support Levels: $377, $370, $364.Key Resistance Levels: $400, $410, $416. Toward the end of last week, Ethereum surged higher from $370 as it climbed above the $400 level and managed to reach as high as $421 (1.414 Fib Extension). More specifically, it was unable to close a daily candle above the $416 resistance (bearish .618 Fib Retracement) throughout the weekend which caused it to drop beneath $400 on Monday. Yesterday,...

There’s never a boring day in the cryptocurrency field. Yesterday, the entire community was ecstatic as Bitcoin’s price made a run for the 2019 highs. Unfortunately, it came inches away from it and started to retrace. Today, the total cryptocurrency market capitalization is down about $15 billion since its most recent peak hours ago. Bitcoin Price Down $700 in Hours Crypto bulls would have to wait another day as the most recent surge has been halted. Bitcoin’s price lost...

Tomochain, the Singapore-based smart contract platform, has taken another stride towards its aim of hosting government and enterprise applications with its acquisition of Lition, a German company that provides public and private blockchain services. Launched on Ethereum in October 2020, Lition represents a bridge between public and private blockchain use-cases with its ability to delete privately hosted data in accordance with the EU’s General Data Protection Regulation...

BullSwap is a fully decentralized exchange. It’s a 100% on-chain market making which allows swaps to occur between ERC20 tokens in a fully decentralized and secure way.Defi is turning the global economy on its head for the past year. The finance sector is getting more transparent with the Defi movement that is changing the old financial products into trustless protocols that do not require intermediaries. DeFi apps are an amalgam of decentralized applications (DApps), digital assets, and...

ConsenSys expects DeFi providers and protocols to be fair enough and provide liquid tokens that resonate with the ETH value that an investor stakes.According to ConsenSys‘s latest Q3 DeFi report, the surge of DeFi and its high yielding liquidity provision opportunities could, in the future, be a barrier to participants who want to stake as soon as ETH 2.0 Phase 0 is unveiled. Better earning opportunities that are found on decentralized finance protocols may limit staking on Beacon Chain,...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1001. Im heutigen Video geht’s um folgende Themen: Ethereum 2.0 kurz vor dem Start, Bitcoin ATM LibertyX bietet Bargeld für Bitcoin, Microstrategy verdient mehr mit Bitcoin als mit Business. 1.) Ethereum 2.0 kurz vor dem Start? Auditor gibt grünes Lichthttps://cryptomonday.de/ethereum-2-0-kurz-vor-dem-start-auditor-gibt-gruenes-licht/ 2.) LibertyX bietet Bargeld für...

At the beginning of October, Bitcoin’s price was particularly indecisive and trading slightly above $10,000, causing many to believe that the unfilled CME gap down at $9,600 would soon be closed. Fast forward to the current date, October 27th, BTC is trading at $13,400, having just marked a fresh high for 2020. The cryptocurrency added around $3,000 to its value, representing an increase of around 30%. With this said, this month was also quite eventful. Many things happened,...

Recent data revealed that Ethereum miners have disposed of significant ETH holdings following the latest price jump towards $420. Additionally, the Twitter sentiment has turned rather bearish for the second-largest cryptocurrency after the consequent price drop. ETH Miners Initiate Sell-Offs? Ethereum miners, the lifeblood of the current proof-of-work consensus algorithm behind the Ethereum blockchain, have perhaps gained the most from the ongoing decentralized finance...

Singapore’s largest bank, DBS Bank, has reportedly soft-launched an exchange offering fiat-to-cryptocurrencies trading pairs called DBS Digital Exchange.  According to the website and a few reports, it will enable customers to buy and sell four of the “top digital currencies in circulation” – Bitcoin, Bitcoin Cash, Ethereum (ETH), and Ripple (XRP). They will be traded initially against SGD, HKD, JPY, and USD. DBS Digital Exchange will not hold any cryptocurrencies. Instead,...

Ethereum price started a downside correction from the $421 swing high against the US Dollar.ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours).There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase).The pair is currently holding the main $380 support level, but it must clear $402 for a fresh increase.Ethereum price is correcting losses and holding the $380 support against the US...