Ethereum (ETH)

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) is starting to heat up.Ripple Could Be Heading to a Point of No ReturnHere’s a little background on the case. Less than a month ago, the financial agency filed a civil suit against Ripple, which issues the fourth-largest cryptocurrency in the world known as XRP after bitcoin, Ethereum and Tether (a stable currency). The SEC is alleging that Ripple falls into the “securities” category and did not properly register its...

Ethereum has a major DeFi lead in several key metrics, including the overall number of DeFi apps, number of DeFi users, number of DeFi developers, and total value transacted through DeFi apps.As the race for decentralized finance (DeFi) supremacy heats up, Ethereum is still leaps and bounds ahead of the pack, and it doesn’t look like that’s about to change any time soon. In the last few months, a wide variety of other blockchains have seen DeFi development activity skyrocket, with platforms...

Institutional investors are beginning to take more interest in Ethereum. This is very similar to the way they adopted Bitcoin enmasse in 2020.Bitcoin is not the only crypto asset that has seen an increase in the numbers of its institutional investors. According to a recent report from Coinbase, Ethereum, the second-largest crypto asset, has also seen a rise in the numbers of its institutional investors.The Coinbase report made it known that the entrance of these major investors into the ETH...

Ethereum price traded to a new all-time high at $1,478 before correcting lower against the US Dollar.ETH price is currently testing the $1,330 support and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,200 on the 4-hours chart (data feed from Coinbase).The pair could eye a fresh increase above the $1,400 and $1,450 resistance levels.Ethereum price is trading in a bullish zone above $1,200 against the US Dollar. ETH/USD is likely to make...

While some altcoins have gained in Ethereum’s slipstream, others are plotting their own course while seeking to topple the front-runner itself.Is alt season upon us? Many crypto commentators are predicting just that, after Ethereum (ETH) hit a record high of over $1,440 on January 19. Altcoins have traditionally taken a backseat when Bitcoin is in the ascendancy and appreciated only when BTC consolidates. At the time of publication, several top 40 cryptocurrencies have popped, while Bitcoin’s...

ETH/USD – Ethereum Creates New ATH At $1480Key Support Levels: $1392, $1350, $1300.Key Resistance Levels: $1425, $1480, $1530.Ethereum saw a 6.5% price climb today as the coin trades near $1415. The coin had rebounded from $1100 on Friday as it started to surge over the weekend to close yesterday’s candle at $1392 (1.618 Fib Extension).The cryptocurrency is trading within a broad rising price channel and is contesting the upper boundary today.ETH had spiked higher earlier in the day to break...

2021 has so far been an exciting year in the cryptocurrency market. We saw its capitalization surpassing $1 trillion for the first time in history.And while a lot of it had to do with Bitcoin’s surging price, over the last few days, it’s becoming evident that altcoins are claiming their share, causing many to believe that we’re in a state of the market known as “altcoin season.”Altcoin Season 2021: It’s Just BeginningAn “altcoin season” is a term used to describe a market condition where...

ETH/USD – Ethereum Continues Higher After $1100 ReboundKey Support Levels: $1275, $1230, $1100.Key Resistance Levels: $1390, $1425. $1439.Last Thursday, Ethereum took a steep price fall when it dropped from $1390 to hit the support at $1100, provided by a .382 Fib Retracement level.On Friday, it dipped further, hitting a low of $1050. However, it quickly reversed and started to rebound higher from there. Yesterday, it was struggling to break resistance at $1276 (bearish .886 Fib Retracement)...

Bitcoin has failed to double-down on its recovery and has remained stagnant between $32K and $33K for the past day. Large and mid-cap altcoins, led by ETH, have charted gains against BTC, while the Bitcoin dominance continues its negative sentiment, dropping to approximately 63%.BTC Fails At Breaking Above $34KAfter bitcoin dipped beneath $29,000 earlier this week, the asset seemed to be headed for a quick recovery session as it has done before. Just yesterday, the cryptocurrency gained over...

The crypto space is tanking as of late. Bitcoin has fallen by about ten percent in the past two days, while Ethereum, Ripple, Cardano and Litecoin have all taken dips of anywhere between five and ten percent. However, not every asset is down in the doldrums at the time of writing. Some, such as Polkadot, have retained their high prices and appear poised for more gains in the coming weeks.Polkadot Continues to Thrive Like No Other CoinPolkadot is the provider of what’s known as the dot token,...