Ethereum (ETH)

The cryptocurrency market has lost $20 billion from its market capitalization, as the majority of cryptos in the red over the past 24 hours. Bitcoin’s current weekly low is at $11,100, while Ethereum reached the target of $370 as predicted by CryptoPotato.The giant blockchain, Polkadot, is trading around $5.40 after the DOT token was added to major exchanges earlier this week at a price of $3. DOT is recording a fantastic ROI of more than 80% over the past four days of trading. Polkadot is...

The cryptocurrency derivatives trading exchange FTX has launched a Uniswap futures index combining the top 100 pools on the Uniswap platform.At the same time, the company’s recently released DEX dubbed Serum focused on the growing DeFi trend, continues with new developments.FTX Lists a Uniswap IndexFTX announced the launch of the Uniswap futures index yesterday. Essentially, it allows traders to employ a traditional digital asset exchange to access markets from the decentralized trading...

The American multinational giant bank JPMorgan Chase & Co has entered into a strategic partnership with the blockchain-based company ConsenSys. As part of the deal, ConsenSys will acquire the bank’s enterprise blockchain platform – Quorum.ConsenSys Acquires JPM’s QuorumAs reported earlier by Reuters, the New York-based blockchain startup has acquired Quorum and plans to merge the enterprise protocol engineering roadmaps and technology.Although neither party has disclosed the financial...

Ethereum marked another failed attempt to overcome the $400 resistance. From there, the way to below $390 was quick.The cryptocurrency has been declining since ETH hit a 2-year High at $450 last week.Against Bitcoin, Ethereum attempted to break the 0.035 BTC resistance today but got was rejected and now facing a huge support zone.ETH/USD – Failure To Break Above $400Key Support Levels: $395, $380, $375Key Resistance Levels: $408, $420, $438Since hitting a 2-year high at $450 last week,...

Ethereum price started a fresh increase from the $380 support zone against the US Dollar.ETH price managed to recover above the $395 and $400 resistance levels.There was a break above a key connecting bearish trend line with resistance near $395 on the 4-hours chart (data feed from Coinbase).The pair is currently facing a strong resistance near $410 and the 55 simple moving average (4-hours).Ethereum price is slowly recovering higher from $380 against the US Dollar. However, ETH/USD must...

According to a new op-ed by Chris Larsen – the co-founder and executive chair of Ripple – the United States is losing the tech war against China and other nations.Chris Larsen: China Holds a Strong PositionRipple is presently the fourth-largest cryptocurrency by market cap after bitcoin, Ethereum and Tether. According to Larsen, nations such as China are way ahead when it comes to cryptocurrencies and are potentially putting lots of money into ensuring miners have everything they need to stay...

The partnership proposed by Aave’s Kulechov to tokenize Tesla cars must have been drawn from the determination to get a rub off on TSLA meteoric growth.Ethereum based Decentralized Finance (DeFi) protocol Aave may well be on its way to tokenize Tesla Inc (NASDAQ: TSLA) cars as collateral. With the recent bullish run of decentralized finance innovations, Aave remains among the promising projects in the DeFi ecosystemAave co-founder Stani Kulechov made this intention known via a tweet addressed...

The cryptocurrency market valuation has almost doubled year to date. Then why are XRP and BCH, two of the top 10 cryptocurrencies, down by more than 90 percent since hitting ATH, while all other coins are posting high returns?Can it be attributed to diminishing investment interest and community support? Or perhaps, the increasing trust in public and genuinely decentralized blockchains like Bitcoin, Ethereum, etc.XRP, BCH Amongst Top 10 but Still Down Over 90 Percent From ATHDespite being in...

After a relatively calm weekend without any major price developments and following a retest of the $11,400 support on Friday, Bitcoin slowly recovers. It is currently trading around $11,700. Large-cap altcoins follow Bitcoin as ETH getting closer to $400 once again.After Friday’s crush, this is the day of the low-caps altcoins.Contrasting Altcoin MovesEthereum and Ripple display somewhat similar performances in the past few days lacking significant fluctuations, slightly up judging by the...

Ethereum dropped by a total of 9% over the past week as it breaks beneath $400, currently marking $380 – $382 as a critical defensive wall before a further downside price action.Despite this price decline, Ethereum remains mid-term bullish within the August trading range of $438 and $363.Against Bitcoin, Ethereum penetrated beneath the March 2019 support as it trades at 0.0334 BTC.ETH/USD – The Fight to Reclaim $400Key Support Levels: $382, $375, $363, $340.Key Resistance Levels: $400, $408,...