Ethereum (ETH) is expected to approach its new all-time high of over $1400. With this Ethereum’s 2021 returns so far stand at nearly 80%.The world’s second-largest cryptocurrency Ethereum (ETH) has skyrocketed once again surging 10% and moving past $1300 levels. At the time of writing, ETH was trading at $1327 with a market cap of $150 billion.With this move, Ethereum (ETH) is now just 5% short of its all-time high of $1400. It has been a phenomenal start to 2021 for ETH investors. With...
Read More »Ethereum Touched $1350 But Quickly Plunged 8%: Another Dip Or Massive Correction Inbound? (ETH Price Analysis)
ETH/USD – Ethereum Continues To Set Multi-Year HighsKey Support Levels: $1275, $1200, $1165.Key Resistance Levels: $1350, $1390, $1425.This past week, Etheruem surged higher from $800 to reach the resistance at $1275 on Friday, provided by a bearish .886 Fib Retracement. It stalled here for a couple of days as it traded along with the support of $1165 (.236 Fib Retracement).Today, Ethereum managed to push above the resistance at $1275 to climb higher towards $1350 (current daily high and...
Read More »Altcoins Party: Bitcoin Cash Skyrockets 50% As ETH Just Inches Away From All-Time High
Most alternative coins have resumed their recent bull run, including double-digit increases on behalf of most of the large-caps, including Bitcoin Cash, Bitcoin SV, Chainlink (LINK), Ripple, Litecoin, and Cardano. The second-largest, Ethereum, has also surged to new highs and has come about $100 away from the 2018 record of $1,450.Simultaneously, BTC has stalled slightly around the $41,000 mark, and its dominance over the market has reduced to 68.5%.Exploding Alts: Ethereum Nearing...
Read More »5 Things to Know about Trending EGG Token
The introduction of EGG can make it a lot easier for everyone to explore different DeFi yield farming options, staking, and so forth.Gaining a foothold in the DeFi industry can often be challenging for novice users. It requires particular assets to maximize one’s profit potential. Cocoricos, combined with its native EGG token, attempts to change the game in multiple different ways.EGG Makes DeFi Yield Farming EasierThere are many different hoops to jump through without access to the correct...
Read More »The Week That Bitcoin Surged To $40,000: The Crypto Weekly Market Update
Over the past seven days, Bitcoin gained more than $11,000 to break above the coveted mark of $40,000. Meanwhile, the entire cryptocurrency market cap surged above $1 trillion for the first time in history.The week started off with bitcoin’s price trading around $29,000, but no one was expecting what happened next. Day after day, BTC continued charting new highs until, finally, it broke above the coveted $40,000 mark yesterday. The current all-time high sits at $42,000The move-up was also...
Read More »Crypto Price Analysis & Overview January 8th: Bitcoin, Ethereum, Ripple, Stellar Lumens & Chainlink
BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...
Read More »99.3% of Ethereum Addresses in Profit as ETH Price Came $150 Away From ATH
With Ethereum’s price jumping to nearly $1,300 and nearing the all-time high of $1,450, the number of ETH addresses in profit has reached a 2-year high of over 99%.The Ethereum hash rate has also enjoyed the past several months with gradual increases and a new all-time high above 300,000.0000 GH/s.ETH’s Price Leads To Nearly 100% Addresses In ProfitThe second-largest cryptocurrency by market cap has led the recent altcoin rally with impressive gains. After becoming one of the best-performing...
Read More »Ethereum 2.0 Staking on Exchange vs. Creating Your Node: What You Need to Know
The Ethereum Network recently saw the official launch of the Beacon Chain, which is a stepping stone to the long-awaited Ethereum 2.0 upgrade, aiming to improve network speed, efficiency, and scalability. It’s a move by the Ethereum foundation to abandon the Proof of Work (PoW) consensus algorithm for the energy-efficient Proof of Stake (PoS) consensus algorithm. On top of that, we have to change terminology from having miners to having validators.Ethereum 2.0 hopes to improve transaction...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control above $160
Litecoin price started a fresh increase above $150 against the US Dollar.LTC price extended its rise towards the $175 level settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $175 resistance zone in the near term.Litecoin price is following a bullish path above $150 against the US Dollar, similar to...
Read More »Bitcoin Price Breaks $36,000 As Protesters Storm US Capitol
The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...
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