ETH/USD – Bulls Retest Bearish .618 Fib Resistance Key Support Levels: $410, $400, $387.Key Resistance Levels: $416, $421, $439. Ethereum saw a strong 13% price surge this past week as it reached as high as $421 (1.414 Fib Extension). More specifically, the buyers could not close a daily candle above the resistance at the bearish .618 Fib Retracement at $416. After heading back into $400 yesterday, the bulls have rebounded and are now retesting the aforementioned level....
Read More »Crypto Price Analysis & Overview October 23rd: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash
Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed to push as high as $11,600 before stalling. Last Friday, Bitcoin was trading at around $11,200 as it rebounded and started to push higher. It quickly reached the...
Read More »Ethereum on Track to Complete $1 Trillion in Transactions During 2020
The Ethereum network is well poised to be the first cryptocurrency network to process US$1 trillion in transactions by the end of 2020.The potential of the Ethereum network to hit this milestone was revealed by the cryptocurrency market data aggregator Messari who noted that the network’s 30-day rolling daily average for Ethereum transaction volume is currently at $7 billion. Should the momentum be sustained, Messari believes that the network will eventually process up to US$1 trillion in...
Read More »BitMEX Rides on New Futures Listings to Dive Deeper into DeFi
BitMEX plans to offer futures contracts for DeFi projects Yearn.finance (YFI), Polkadot (DOT), and Binance Coin (BNB).The Seychelles-based BitMEX exchange said via its blog post on Friday that it plans to launch three new Altcoin/USDT underlying quanto futures contracts. Yearn.finance (YFI) – an Ethereum-based token governing the Yearn.finance platform — will be the first DeFi token to be added and then later Binance Coin (BNB) as well as Polkadot‘s (DOT) native token.Through the new quanto...
Read More »Bitcoin Price Surged to 16-Month High, Call for Increased Adoption?
Usually, when Bitcoin is making impressive moves, many who has FOMO may take a dive into storing up on the coin, while this may complement the recent moves, its impacts may not be long-lasting.Bitcoin (BTC) price has a surge that raises its price to a 16-month high following the announcement that PayPal Holdings Inc (NASDAQ: PYPL) has launched its long-anticipated crypto payment service that will aid merchants to receive payments for goods and services in Bitcoin (BTC), Ethereum (ETH),...
Read More »Litecoin (LTC) Price Analysis: Strong Uptrend In Place Above $50
Litecoin price started a strong upward move above the $48.50 and $50.00 resistance levels against the US Dollar.LTC price is currently trading above the $54.00 support level and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $48.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $55.50 and $56.50 in the near term.Litecoin price is trading in a strong uptrend above...
Read More »Neo3: Die Features der dritten Blockchain-Iteration
NEO galt lange als die chinesische Version von Ethereum. Mittlerweile ist das NEO Blockchain Projekt komplett international aufgestellt. Die Neo Foundation gehört zu den aufsterbenden Digitalunternehmen und hat mit dem Neo Token einen erfolgreichen Coin auf dem Markt. Nun nennt das Unternehmen erste Informationen zur inzwischen dritten Iteration der Smart Contract fähigen...
Read More »800 Millionen US-Dollar in ETH: Grayscale kauft zwei Prozent aller Ethereum Token
Grayscale: Grösster bekannter Bitcoin Hodler kauft kauft 2% aller ETH Token. Ethereum hat trotz Krise ein erfolgreiches 2020 hinter sich. Das Crypto-Asset hat die Talfahrt der vergangenen Jahre überwunden und findet wieder zu alter Stärke zurück. Grund dafür ist auch das enorme Interesse an Ethereum aus dem Decentralized Finance (DeFi) Bereich. While everybody has been focused on our bitcoin accumulation, the @Grayscale Ethereum Trust now...
Read More »Paypal integriert Bitcoin: PayPal-Aktie und Bitcoin-Kurs legen zu!
PayPal jetzt mit Bitcoin Kauf und Verkauf – weitere Währungen unterstützt Paypal öffnet sich für Kryptowährungen. Kunden können unter anderem Bitcoin und Ethereum kaufen, verkaufen und als Zahlungsmittel benutzen. Der Bitcoin-Kurs schoss ab dieser Nachricht in die Höhe. Und auch die PayPal-Aktie ist begeehrter denn je. Mit Bitcoin bei 26 Millionen Händlern bezahlen Zuerst geht...
Read More »ETH Price Analysis: As Bitcoin Parties, Ethereum Sheds 25% BTC-Wise Since September
ETH/USD – Bulls Rebound From 2019 Highs. Key Support Levels: $364, $355, $345.Key Resistance Levels: $396, $400, $410. Over the past week, Ethereum was struggling to break above a very short-term falling trend line. The coin dropped into the support at the 2019 Highs around $364 yesterday which allowed it to rebound higher today. After rebounding, ETH went on to break above resistance at $375. ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price Prediction Looking...
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