Ethereum (ETH)

ETH/USD – Bulls Spike Into Bearish .5 Fib Retracement. Key Support Levels: $376, $364, $356.Key Resistance Levels: $396, $400, $410. Ethereum has been on a bullish footing since breaking out of the consolidation phase last week. Over the past seven days, Ethereum managed to rise by a total of 12% to reach the current level. It had surged higher at the start of this week as it reached as high as $396, where it ran into resistance at a bearish .5 Fib Retracement level. It has...

Andre Cronje, the founder of the popular Yearn Finance protocol and its governance token YFI, deployed another ‘experimental’ contract yesterday. Expectedly, a lot of people bought the token despite Cronje’s warnings, and most of them ended up losing money. One investor, in particular, put in 1000 ETH in the token, and his stash is currently worth about 80 ETH. Regardless, a lot of prominent commentators and industry experts have spoken out that, at some point, it becomes...

The progress made with the Ethereum 2.0 testnet Zinkel, Medalla as well as others, gives a renewed hope of the migration of the network before the end of this year.The proposed 2020 launch of Ethereum 2.0 just got a pat in the back following the successful launch of the Zinkel testnet. Per reports from Cointelegraph, the Ethereum 2.0 Zinkel testnet is the network’s first trial that beat expectations as it gave the expected results within minutes of launch.With months of work put into the...

Gestern wurde das Zinken-Testnet für den ETH 2.0 gestartet – endlich gute Nachrichten für Ethereum Investoren. Der Starttest verlief erfolgreich und ließ Entwickler von einer „perfekten Leistung“ sprechen. Der Kurs reagierte und legte im kleinen Bullenmarkt weiter zu.Ethereum News: Ethereum 2.0 mit positiven Nachrichten und einem steigenden KursNachdem zuletzt die Spadina-Testnet-Studie nicht erfolgreich war, ist diese Meldung beruhigend für diejenigen, die ihre Hoffnungen (und ihr Geld) in...

[PRESS RELEASE – Please Read Disclaimer]The last few months have been entirely about Decentralized Finance (DeFi). It’s no secret that Uniswap’s decentralized swap protocol and automated market maker surged in popularity. To some extent, one of the tokens that helped the most was Yearn Finance’s YFI.What was initially intended as a valueless governance token quickly surged to an all-time high of around $44,000, grabbing the entire community’s attention and strengthening the DeFi narrative....

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 990. Im heutigen Video geht’s um folgende Themen: Tesla-Gigafactory in Nevada installiert Bitcoin-ATM, Ethereum 2.0 Test erfolgreich & Sinkendes Interesse an DeFi-Projekten. 1.) Tesla-Gigafactory in Nevada installiert Bitcoin-ATMhttps://www.btc-echo.de/schlagzeilen/tesla-gigafactory-in-nevada-installiert-bitcoin-atm/ 2.) Second Ethereum 2.0 launch rehearsal puts it on track for 2020...

Ethereum price extended its rally above the $375 resistance zone against the US Dollar.ETH price is currently trading well above $370 and the 55 simple moving average (4-hours).There was a break above a key bullish flag pattern with resistance near $375 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but dips are likely to find support near $365.Ethereum price is showing positive signs above $365 and $375 against the US Dollar. It seems like ETH/USD...

ETH/USD – Bulls Continue Further On The Road To $400.Key Support Levels: $378, $364, $350.Key Resistance Levels:$392, $400, $410.Last week, Ethereum broke above a symmetrical triangle consolidation pattern and started to push higher over the weekend. It managed to climb above the 2019 high at $364 as it ran into resistance at a bearish .382 Fib Retracement at around $378 yesterday.Today, Ethereum continued to surge higher by a total of 5%. This allowed the coin to break above the $378...

The leading digital currency asset management company Grayscale Investments announced that its Ethereum Trust will report directly to the US Securities and Exchange Commission (SEC).Grayscale filed a Form 10 with the SEC a few months ago on behalf of the Ethereum Trust to become the second company product designated as a digital currency investment vehicle reporting to the Commission. The other product is the Grayscale Bitcoin Trust. The announcement from today reads that following the...

A recent report exploring the Q3 2020 developments in the decentralized finance ecosystem confirmed the narrative that it was the best quadrant for the entire field.Additionally, it highlighted Ethereum’s massive role as the underlying technology but also broached several potential competitors, including TRON and EOS.Confirmed: DeFi Exploded In Q3 2020The analytics company Dapp Radar posted its quarterly report on the DeFi progress this week. It described Q3 2020 as the “best quarter for the...