Recent news from global cryptocurrency exchange Huobi has seen the platform announce user support for the Russian Ruble (RUB). This latest development will mean that Huobi users can now withdraw and deposit in Russian Rubles. This is, of course, great news for the long-term success of the exchange itself and also users there who have been waiting for RUB support on the platform. This is not the only new announcement made by the company though. They have also released details of users now...
Read More »Bitcoin Price Analysis: BTC’s Triangle Formation Is Likely To End With a Huge Move
While the crypto market is celebrating a new all-time high to the second-largest crypto, Ethereum, Bitcoin saw a minor 3% price spike over the past 24 hours as it trades slightly below $38K. On a larger scale, BTC has been trading sideways for the past 12 days after nailing its ATH level at $42,000 On January 8, 2020.From there, Bitcoin started to consolidate as it forms a giant symmetrical triangle pattern, as can be seen on the following 4-hour chart. Over the weekend, Bitcoin fell from the...
Read More »Ethereum (ETH) Price Pops Over 13% in Past 24 Hours to Hit ATH
The Ethereum ecosystem has significantly benefited from the booming decentralized finance industry.Ethereum (ETH) market price has jumped over 13% in the past 24 hours to hit its all-time high (ATH) set back during the 2017/2018 bull run. Ethereum market price rallied to slightly above $1435 but had retraced to trade around $1,406.55 at the time of writing according to metrics provided by CoinGecko.Consequently, Ethereum’s market capitalization had topped $161.57 billion with a trading volume...
Read More »The First Decentralized Crypto Volatility Index (CVI) To Be Launched By COTI
Cryptocurrency traders that want to benefit from the infamous market volatility would be able to do so by taking advantage of COTI’s recently launched Crypto Volatility Index (CVI). Users will be able to place positions in anticipation of significant fluctuations in either direction.The First Decentralized Crypto Volatility IndexCOTI is a blockchain project that describes itself as a “fully encompassing finance” on the distributed ledger technology. It’s designed to meet and address...
Read More »Ethereum Price Analysis: ETH Breaks $1400, Which Are the Next Possible Targets?
ETH/USD – Bulls Set New ATH PriceKey Support Levels: $1390, $1350, $1275.Key Resistance Levels: $1473, $1530, $1600.Ethereum was trading in a short term symmetrical triangle pattern as it struggled to break resistance at $1276 (bearish .886 Fib) over the past four days of trading. This resistance was finally broken with today’s 12% price hike, which saw the cryptocurrency breaking the previous ATH record.It went on to set a new ATH price at $1439, marginally above the previous one at $1425....
Read More »Ethereum-Preis bald auf 2’000 US-Dollar?
Die Bitcoin-Rekorde locken Investoren an. Ethereum-Preis steigt um 30 Prozent in den letzten 7 Tagen. Wenn der Bitcoin-Kurs steigt, ziehen die weniger bekannten digitalen Währungen meist nach. Doch bei Ethereum dauerte dies im aktuellen Fall etwas länger. Dafür legt der Ethereum-Kurs jetzt so richtig zu. Ethereum erreichte sein Allzeithoch von 2017 und scheint nun keine Grenzen mehr nach oben zu kennen. Der Kurs steigt und steigt. Und dies...
Read More »Ethereum Breaks All-Time High Above $1430 Following Weekly Surge Of 30%
The long wait is finally over. Ethereum managed to breach its all-time high and is now officially in price discovery territory. This happens as the cryptocurrency charts weekly gains upwards of 30%.Ethereum Breaks ATHAt this point, it doesn’t seem to be much of a surprise that ETH broke its ATH. After all, its price has been surging consistently in the past few months and especially since the beginning of 2021.Looking at the charts, ETH’s growth is nothing short of impressive. On January 1st,...
Read More »Ethereum Price Analysis: ETH Breaks Key Hurdle, Aims New ATH
Ethereum price gained bullish momentum and cleared the $1,250 resistance against the US Dollar.ETH price is currently trading well above $1,300 and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $1,250 on the 4-hours chart (data feed from Coinbase).The pair is eyeing an upside break above the $1,380 and $1,400 resistance levels.Ethereum price is trading in a bullish zone above $1,250 against the US Dollar. ETH/USD is likely to...
Read More »Deutschland: BaFin warnt vor Bitcoin-Hype
Die Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) ist eine rechtsfähige deutsche Bundesanstalt mit Sitz in Frankfurt am Main und Bonn. Sie untersteht der Rechts- und Fachaufsicht des Bundesministeriums der Finanzen. BaFin warnt Verbraucher vor Risiken bei Investments: Die BaFin nimmt die Kursentwicklung auf den Märkten für Kryptowerte zum Anlass, Verbraucherinnen und...
Read More »Defi Tokens Are Continuously Outshining Bitcoin
Bitcoin is trading for just over $36,000. Despite a recent $4,000 drop, the asset is still considered to be doing well by analysts and industry experts alike. However, the cryptocurrency is once again being outdone by several smaller coins, particularly those in the decentralized finance (Defi) space.Defi Is Seriously Outdoing the Ranks of BitcoinBitcoin has added roughly 300 percent to its price over the past year. It is the largest and most popular cryptocurrency by market cap, and has thus...
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