ETH/USD – Ethereum Forms Rising Price Channel Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Last week, Ethereum surged from a low of $380 to break above $400 and reach as high as $470 yesterday. Unfortunately, the buyers met resistance at the upper boundary of a rising price channel that spans over the last two months and fell lower from here yesterday. During the drop, Ethereum found support at $425 and rebounded higher to reach $445 today...
Read More »Bitcoin Spikes to Well Over $14,000, Highest It’s Been All Year
The price of bitcoin has shot up to $14,900, the highest it’s been in a long time. This is a nine percent spike in the price over the past two days.Bitcoin Is At Its Highest Point This YearThe jump occurs during the U.S. presidential election, which is still heavily underway. Lots of additional counting is taking place in key battleground states, while some areas – such as Arizona – despite being called earlier in the race, are now again up for grabs as gaps tighten.During all this time, both...
Read More »Market Watch: YFI Soars 100% As Bitcon Hovers At $15.5K
After increased volatility that took Bitcoin to $16,000 and $15,200, the cryptocurrency has calmed and trades around $15,500. The altcoins have surged in the past 24 hours as Ethereum is above $450, while Ripple is north of $0.26. Most impressively, Yearn Finance’s YFI token increased by around 100%. Bitcoin Calms After Record Days The primary cryptocurrency has been marching confidently in the past several days. This led to consecutive yearly records and its highest price...
Read More »Crypto Price Analysis & Overview November 6th: Bitcoin, Ethereum, Ripple, Litecoin, and Cardano
Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the election started in the US, BTC started to surge. Initially, it found resistance at $14,190 but this was penetrated yesterday as Bitcoin surged all...
Read More »Coinbase Supports Civic (CVC), Decentraland (MANA), district0x (DNT)
Over the past months, Coinbase has revealed plans to list new coins on its platform. Many of them are already listed, while some are yet to be listed on the exchange platform.Cryptocurrency exchange Coinbase now supports Civic (CVC), Decentraland (MANA), and district0x (DNT) on its platform. Also, the exchange now allows the three Ethereum tokens on its android and iOS apps. Notably, CVC is a decentralized ID protocol token, MANA is a virtual real estate token, while DNT is a decentralized...
Read More »ETH At 3-Month High Following Bitcoin Reversal: $500 Inbound? (Ethereum Price Analysis)
ETH/USD – Ethereum Rebounds At Trend Line Support Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Ethereum saw a strong 9.4% price surge today, which allowed the coin to break past resistance at $416 (bearish .618 Fib) and climb above $430 to reach the current $441 price. The coin is now testing resistance at 3-month highs around the $445 level – provided by a bearish .786 Fib Retracement. This latest surge is primarily driven by Bitcoin...
Read More »Market Watch: The Altcoins That Suffered Hardest Despite Bitcoin’s Latest Rally
The cryptocurrency community is buzzing with reports and tweets about the prices. Bitcoin is frequently marking fresh yearly highs. Even the 2019 record of nearly $14,000 was taken down and seems far behind. Just yesterday, the primary cryptocurrency gained about $1,500 of value in 24 hours. As something similar occurred precisely three years ago, before the all-time high of $20,000, it got the community speculating and anticipating a new record. Although most alternative...
Read More »Ethereum Social Sentiment Surges as Staking Starts
Ethereum is one of the best performing crypto assets of the day, albeit behind its big brother. ETH prices got their initial boost on November 4 when the deposit contract was officially deployed. The asset rose 5% on the back of that to reach $405. Bitcoin is a bigger driver of momentum for ETH prices as today’s 8% surge to $440 illustrates. Either way, social engagement for Ethereum has cranked over the past day or two according to analytics from LunarCrush. Ethereum 1-Day...
Read More »Costly Mistake: Someone Paid $9,500 in Fees for an ETH Transaction Worth $120
A MetaMask user, attempting to swap Ethereum for a DeFi token, paid over $9,000 transaction fees while transferring only $120 worth of ETH. The user has reached out to the mining pool that processed the transaction for assistance but has yet to receive a response. A Costly ETH-DeFi Swap The user, going by the nickname ProudBitcoiner, explained his rather dire situation on Reddit. He was using the popular online wallet MetaMask to swap 0.2955 wrapped Ether (WETH) for 531 Chi...
Read More »Crypto Poker Group – Redefining the Benefits of Crypto Poker during COVID-19
[PRESS RELEASE – Please See Disclaimer] While the Coronavirus has been exploding throughout the world the team behind Crypto Poker Group has been concentrating on placing poker players’ needs at the forefront of cryptocurrency poker games. The platform has been delivering some of the most competitive Bitcoin and Ethereum based player benefits during 2020. Every month the Group launches a new form of “Assistance Package”, each one centred around a specific Prize, Bonus and...
Read More »