Ethereum (ETH)

Bitcoin has been jumping like mad as of late. Despite a recent dip, the currency reached a new all-time high during the beginning of the week that saw the asset trading for well over $33,000. In addition, blockchain is reaching record levels when it comes to industry adoption, and according to Vitalik Buterin – the legendary co-founder of Ethereum, the second-largest cryptocurrency in the world and the primary competitor to BTC – the case for blockchain is “underrated,” and likely to go even...

Cryptocurrency market is once again heading north as the US Dollar Index plummets. The US Dollar index lost 0.32% today and nears the lowest level of last year’s December 31.By the time writing of this article the US Dollar index is at 89.568. As markets opened on January 4, there was a huge sell-off at the cryptocurrency market mainly caused by the hike of the S&P Volatility Index, panic in the market caused a drastic drop in prices of some cryptocurrencies, yet most of altcoins such as...

Bitcoin has taken a huge step back. While it was able to surpass the $33,000 mark yesterday and attain a new all-time high, it appears that the currency is now undergoing a bit of a correction. Either that or its recent spike was too much at once. In any case, the currency is now trading for just over $31,000, meaning it has lost about $2,000 in just under two days.The Bitcoin Price Has Fallen a BitThis is a major dip considering how strong bitcoin has been over the past few months, though to...

Yesterday’s highly volatile BTC performance has led to increased trading volumes on numerous platforms, including CME Bitcoin futures registering a new all-time high of $2.7 billion.BTC Futures Record Trading Volume On CMELaunched in late 2017, the Chicago Mercantile Exchange allows institutional investors to trade with the primary cryptocurrency on a regulated platform. Apart from short-lived low levels of trading volume, the exchange has enjoyed increased adoption from such customers.Data...

Grayscale Investments has removed XRP from its diversified public crypto fund  — Grayscale Digital Large Cap Fund (DLC). The move could be yet another fallout from the current enforcement action by the U.S. Securities and Exchange Commission (SEC) against Ripple.Grayscale Nixes XRP, Reallocates Liquidated PositionAccording to an announcement, Grayscale revealed that it removed XRP from its Digital Large Cap Fund (GDLC). Following the liquidation of the XRP holdings in the fund, the funds were...

Recent data indicated that mid-tier traders took profits before and during yesterday’s massive price drops for bitcoin and Ethereum. Furthermore, it disputed the assumptions that whales and institutional investors have disposed of their BTC holdings.Mid-Level BTC Holders Took Profits Amid The DropFollowing the highly positive first days of 2020 in which bitcoin exploded above $30,000 to a new all-time high of nearly $35,000, the cryptocurrency retraced heavily yesterday. As CryptoPotato...

Der Markt gab gestern deutlich nach. Nicht nur Aktien verloren, sondern auch Bitcoin. Während der S&P500 ungefähr 100 Punkte einbüßte verlor der BTC in der Spitze etwa 20 Prozent. Davon unbeeindruckt stieg Ethereum weiter und nimmt nun sogar sein Allzeithoch in Angriff. Ethereum News: Ethereum trotzt kleinem MarkteinbruchSet dem Launch des ETH 2.0 geht es für Ethereum stetig aufwärts. Doch erst gestern folgte der große Durchbruch, als sich der ETH zwischenzeitlich vom Aktien- und dem...

Ethereum price started a strong surge above $850 and $1,000 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $800 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $1,150 and $1,200 in the coming sessions.Ethereum price is up over 30% in a few days and it broke the $1,000 level against the US Dollar. ETH/USD is consolidating...

Wisebitcoin’s presence in the digital asset trading industry extends beyond the exchange, with its cloud services anchoring over 200 other exchanges globally.Wisebitcoin has finally launched its cryptocurrency exchange, offering deep liquidity and up to 100X leverage.The exchange has been in development in stealth mode for years now, launching a beta version in 2018. Upon launch, the exchange partnered with several global cryptocurrency exchanges to offer the most reliable trading...

ETH/USD – Ethereum Breaks $1000 and Surges As High As $1,161.Key Support Levels: $975, $915, $855.Key Resistance Levels: $1042, $1100, $1140.Ethereum has surged 40% since the start of 2021, allowing the cryptocurrency to break above $1000 for the first time since Jan 2018. Yesterday, ETH pushed upward from $760 and closed the daily candle at $975 (long term 1.272 Fib Extension).Today, ETH continued to reach as high as $1161, where it met resistance at a 1.272 Fib Extension level....