Ethereum (ETH)

BitcoinBitcoin is up by a cool 20% over the past week as it currently trades near the $35,700 handle. The number 1 ranked cryptocurrency had been trapped within a range for the majority of the week as it oscillated between $33,000 and $30,000.Looking at the larger picture, Bitcoin was trading within a descending triangle pattern since hitting the new ATH price at $42,000 in early January 2021. It had spiked beneath the lower boundary of this triangle at $30,000 throughout the week but managed...

The off-chain decentralized computation platform Cartesi has launched a layer-2 solution to work on top of the Ethereum blockchain. The so-called Optimistic Rollups aims to decrease the high transaction fees by orders of magnitude and support scaling by taking computational demands off-chain.Cartesi’s Optimistic Rollups For The ETH NetworkThe Ethereum network, arguably the most utilized blockchain in the field with various ERC-20 tokens, stablecoins, and serving as the underlying technology...

The cryptocurrency market capitalization has exploded above $1 trillion as Bitcoin surged to $38,000 following a recent pro-BTC action taken by Tesla’s Elon Musk.The alternative coins joined the ride as well, including Ethereum touching $1,400 and XRP surging above $0.28.Bitcoin Touches $38K Following Musk’s EngagementCryptoPotato reported earlier that the primary cryptocurrency was struggling with maintaining its price above $32,000. While the bears were looming in, a compelling development...

Blockfolio has long been a favorite for crypto traders as it provides a handy place to track their assets, trades, and profits (or losses) over time.The app has a reported user base of around 6 million so it has a good head start over rivals. It is also launching with zero fees which will be a bonus in times of high transaction prices for Ethereum based tokens.The new product launch comes five months after the crypto derivatives exchange FTX acquired the firm for $150 Million.Trade crypto and...

ETH/USD – Ethereum Bounces From .236 Fib SupportKey Support Levels: $1300, $1200, $1080.Key Resistance Levels: $1392, $1425, $1475.Ethereum had set a new ATH price at $1473 on Monday. It could not close a daily candle above the $1392 resistance and ended up rolling over the past few days.It continued to drop until support was found yesterday at $1200 (.236 Fib), which allowed the coin to rebound. It pushed higher today and is now testing resistance at $1350 (1.272 Fib Extension).ETH/USD Daily...

There are three altcoins to watch this and next week, as I am expecting high volume injections during weekends, my top picks are ADA/USD, LINK/USD, ZIL/USD.The sell-off ahead of the FOMC meetings has stopped today after claims made by the Chairman Mr. Powell. Mr. Powell has stated that the date of the economic recovery still remains uncertain and strictly dependent on the virus spread and vaccination advances. The US Dollar gained significantly yesterday adding 0.53% to its value hitting the...

Mark Cuban believes that Bitcoin, Ethereum and some altcoins would be able to pull through just like big internet companies of today.Everybody recognizes Mark Cuban as an American billionaire and owner of Dallas Mavericks, he is also a widely recognized face for being a “shark” on the popular Shark Tank reality TV show. What many may not know is that he occasionally shares his thoughts on the crypto industry and its assets like Bitcoin, Ethereum, DeFi projects and even non-fungible token...

The latest partnership with the Ethereum Foundation adds up to the already long list of Ethereum-focused projects between the two firms.Reddit has announced a partnership with Ethereum Foundation in what it calls its first-ever blockchain partnership. The partnership according to Reddit seeks to strengthen its ties with the Ethereum Foundation as well as bring value and independence of blockchain to its users. An announcement from the admin of Reddit u/jarins, stated that the partnership...

The giant social media platform Reddit has doubled-down on its blockchain and cryptocurrency involvement with a new partnership with the Ethereum Foundation. As a result, Reddit plans to utilize the Ethereum network to create larger-scale applications like the Community Points introduced last year.Reddit Doubles-Down On BlockchainCryptoPotato reported last year that the San Francisco, US-headquartered platform launched Community Points as tokens built on the Ethereum blockchain. Users from...

Bitcoin has reclaimed the $30,000 price tag after another brief drop beneath it yesterday. Most alternative coins have also bounced off the lows as ETH has neared $1,300, while UNI jumped to a new all-time high.Bitcoin Swings Around The $30KFollowing an unsuccessful attempt to overcome $35,000 earlier this week, bitcoin started to gradually decrease in value. The adverse movements culminated in another price drop beneath the psychological $30,000 level, as CryptoPotato reported...