Ethereum (ETH)

After another highly volatile weekend trading day consisting of a new all-time high above $28,000 and a massive rejection, including a drop below $26K, BTC has calmed and as of now trading safely around $27,000.Most altcoins have finally joined the party with some impressive double-digit gains, including Ethereum breaking north of $700, recording a current daily high at nearly $740, which is the highest of 2020.Bitcoin’s New ATH And Subsequent RejectionThe primary cryptocurrency continued...

ETH/USD – Ethereum Bulls Push To Fresh 2020 HighsKey Support Levels: $675, $665, $617.Key Resistance Levels: $700, $720, $733.Yesterday, Ethereum was struggling to break beyond $630. The resistance was finally penetrated today as it continued further above the previous 2020 high at $675 (bearish .786 Fib Retracement) to reach as high as $695 today.The break beyond $675 allowed ETH to create a fresh 2020 high today. With the current momentum in the market, it is likely that ETH will break...

Overall, $6.6 billion worth of Tether (USDT) now exists on the TRON blockchain, and between 300-400k USDT transactions are conducted each day on TRON making it arguably the number one network for USDT.If you’re a stablecoin user, odds are you are aware that Tether (USDT), the most popular USD-backed stablecoin, is available to use on multiple different networks.  There’s the original Omni-based Tether, based on top of the Bitcoin blockchain, and there’s also a variety of tokenized Tether...

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

A survey conducted by the Australian crypto exchange Independent Reserve shows that over 90% of locals have heard of at least one cryptocurrency. At the same time, nearly one in every five respondents said that they own a digital asset.Crypto Awareness Among AussiesThe Australian-based exchanged highlighted that its Independent Reserve Cryptocurrency Index (IRCI) survey has reached out to “everyday Australians and reflects the nation as a whole,” instead of focusing on digital asset users.The...

ETH/USD – Ethereum Bullish Momentum Ready For Another Push HigherKey Support Levels: $600, $580, $556.Key Resistance Levels: $637, $650, $665.Ethereum found support at the .5 Fib Retracement around $580 on Wednesday, which allowed it to rebound and remain above a 2-month-old rising trend line. From there, ETH pushed higher to reach $630 yesterday.Today, ETH dropped marginally as it trades around $621. It will need to break above $637 for the bull run to restart.ETH/USD Daily Chart. Source:...

BitcoinBitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above  $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple).The buyers struggled to break this resistance over the last few days as it went on to trade sideways between $23,853 and the support at $22,708 (.236 Fib Retracement).Bitcoin rebounded from the lower...

On Thursday, December 24th, the ETH is declining, trading at 580.00 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of ETH/USDThe ETH dragged down by the XRPAbout 2 million ETH are blocked in the Ethereum 2.0 contractOn W1, ETH/USD keeps correcting in an uptrend. The asset is trading near 38.2% Fibo, aiming at 50.0% in its further growth. The MACD histogram has been positive for several weeks already, promising soon restoration of the ascending dynamics. The signal lines...

Within three weeks of the launch of Ethereum 2.0 Beacon Chain, the Ethereum deposit contracts have seen over 2 million ETH inflows which is 380% more than the threshold value.Within three weeks of the launch of Ethereum 2.0 Beacon Chain, the deposit contracts are now holding over 2 million ETH valued at over $1 billion. This also happens as the users reported nearly 45,000 transactions to the ETH 2.0 deposit contracts.The staked quantity of ETH is also 380% more than the minimum threshold...