Ethereum price is holding gains above the $1,600 and $1,700 resistance levels against the US Dollar.ETH price is currently trading well above $1,750 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,730 on the 4-hours chart (data feed from Coinbase).The pair is likely to start a strong surge if it clears the $1,840 resistance level.Ethereum price is eyeing more upsides above $1,850 against the US Dollar. ETH/USD may soon test the $2,000...
Read More »Ethereum Transaktionsgebühr überschreitet 20 US-Dollar
Eine Transaktion im Ethereum-Netzwerk kostet im Durchschnitt mehr als 20 US-Dollar. Eine Transaktion im Ethereum-Netzwerk kostet im Durchschnitt mehr als 20 US-Dollar. Ist damit das Ethereum-Netzwerk noch nutzbar? Denn der Vorteil von DeFi-Anwenundgen, also Anwendungen im Bereich dezentralisierte Finanzen haben vor allem den Vorteil, dass diese programmierbar, schnell und...
Read More »Analysis: If History Repeats, Ethereum’s Price Can Top $2200 Next
Ethereum followed Bitcoin’s price through a correction earlier today. However, in doing so, it has also reached oversold levels on the Relative Strength Index (RSI) which are typically followed by a serious uptrend.Ethereum’s Price Goes Through a CorrectionAs CryptoPotato reported earlier today, Bitcoin’s price went through a mild correction which saw it dipping below $46,000 after a rejection at the coveted $50,000 level.Many altcoins followed and ETH was among them. The correction in ETH’s...
Read More »Non-Fungible Token (NFT) Market Recorded Impressive Growth in 2020, Set to Soar Higher This Year
The most expensive NFT sale was made after the successful purchase of virtual plots of land on Axie Infinity valued at $1.5 million.The global Ethereum-based Non-fungible token (NFT) market saw impressive growths in 2020 according to details from a new report by NonFungible and L’Atelier. Per the report, as detailed by Decrypt, the total transactions of the NFT market grew triple-fold in 2020 with the total valuation topping $250 million.The digital asset ecosystem is booming in a dynamic...
Read More »SBI Holdings in Talks with Foreign Firms to Start Crypto Joint Venture
The founder expects that SBI Holdings will take advantage of the cryptocurrency boom to make the area its key earner.Yoshitaka Kitao, the founder of SBI Holdings Inc, has disclosed that the Japanese financial firm is in talks with foreign financial firms to establish a crypto joint venture. This initiative follows the recent global interest in Bitcoin and Ethereum sending their prices to $48000 and $1800 respectively. Both assets have been said to be an alternative investment target.According...
Read More »Market Cap Loses $70 Billion as Bitcoin Gets Rejected at $50K (Market Watch)
This Monday, in the EU morning trading session, the cryptocurrency market is going through a pullback. Bitcoin got rejected at $50K as it was unable to break this level, resulting in a drop that saw around $70 billion wiped off the total cryptocurrency market capitalization at the time of this writing.Bitcoin Price Fails at $50K.Hopes were high yesterday that the price for Bitcoin would finally break the coveted $50,000 mark. The cryptocurrency came very close to breaching it. It charted a...
Read More »Ethereum Price Analysis: Will ETH’s Sideways Action End Soon Above $2000?
ETH/USD – Bulls Struggle At $1850 Resistance With Bearish Divergence Still PresentKey Support Levels: $1765, $1700, $1685.Key Resistance Levels:$1850, $1900, $1960.So far this weekend, Ethereum has dropped almost 3% after reaching the resistance at $1850 (1.618 Fib Extension). The coin was struggling to break $1800 throughout the past week but penetrated above it on Friday to reach $1850.It had also failed at the resistance at the upper boundary of an ascending price channel and has dropped...
Read More »Bitcoin Sets a New All-Time High, is $50K Finally Incoming? (Market Watch)
Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...
Read More »Market Watch: Altcoins Skyrocket As Bitcoin Struggles Below $50K
It’s been mostly green on the cryptocurrency market over the past couple of days and this is especially true for the skyrocketing altcoins. The total market capitalization stands at around $1.45 trillion whereas bitcoin’s dominance has been reduced to 60.3%.Bitcoin Struggling Below $50,000Just yesterday, Bitcoin made another attempt to reach the coveted $50,000 mark but unfortunately, it was unable to do so. The cryptocurrency peaked at a high of exactly $49,000 on Bitstamp.At the time of...
Read More »CREAM Finance Exploited, Price Crashes 30% Instantly
CREAM Finance, one of the more popular projects in the field of Decentralized Finance (DeFi), has been exploited. The price for its CREAM token has dropped by 30% in less than a few minutes after the news broke out.The official Twitter account of CREAM Finance revealed earlier today that the protocol has been exploited.We are aware of a potential exploit and are looking into this. Thank you for your support as we investigate.We are aware of a potential exploit and are looking into this. Thank...
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