Ethereum (ETH)

Cryptocurrencies are still correcting before another attempt to start a new bullish impulse. In charts of many cryptoassets, they are forming a Triangle pattern, a breakout of which to the upside may lead to the continuation of the current trend.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies are still correcting before another attempt to...

On August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.The world of cryptocurrencies has been quite stagnated for quite some time now. The big names in the market – Bitcoin, Ethereum, and others – had been registering alarmingly low marks for several months. However, cryptocurrency analysts had been expecting the market to become bullish and the signs of this have begun to show now. What’s...

Following Bitcoin’s price plunge from earlier today, Ethereum dropped to $365 before a decent recovery above $380.The cryptocurrency attempted to break above resistance at $400 this week but failed to do so, as of now.Against Bitcoin, Ethereum maintained the critical support at 0.0326 BTC.ETH/USD – Bulls Fail To Overcome $398 – $400 Resistance AreaKey Support Levels: $380, $370, $350.Key Resistance Levels: $400, $408, $430.Over the past 5-days of trading, ETH made several attempts, trying to...

The big boys on crypto markets such as Bitcoin, Ethereum, and XRP may be slumping today, but DeFi tokens are still on fire. Five of the top six performing tokens in the top one hundred are related to DeFi, and there is a good reason for that.Enter the YamA new yield farming opportunity called Yam Finance has been launched promising huge returns and a revolutionary and fair financial farming ecosystem. Since it launched late on Tuesday, August 11, yield farmers have been loading up on DeFi...

Ethereum price started a downside correction after it failed to clear the $400 barrier against the US Dollar.ETH price is currently declining and it is trading below the $380 support level.There was a break below a major bullish trend line with support near $380 on the 4-hours chart (data feed from Coinbase).The pair is currently following a key declining channel and it is approaching the $365 support zone.Ethereum price is currently correcting lower from the $400 barrier against the US...

Following the latest developments and price movements from Ethereum, the second-largest cryptocurrency by market cap has seen its weighted social sentiment turn significantly more positive to reach a fresh all-time high. Twitter Loves Ethereum According to data from the popular analytics company Santiment, Ethereum’s so-called weighted social sentiment has been increasing in positivity lately. Essentially, this metric takes into consideration the positive and the negative...

Bitcoin has been soaring as of late, but not so much that it’s been knocking its altcoin cousins to the side. Several smaller coins, including Chainlink (LINK), are doing quite well at the time of writing. LINK has recently hit a new all-time high.Chainlink Is Bigger Than EverOver the last four weeks, the price of LINK has grown by more than 120 percent. Each LINK unit is now trading for roughly $13 each, and things are getting bigger by the minute. The currency has risen by more than 500...

In conjunction with the Ethereum Foundation, Reddit is inviting Ethereum scaling projects to show the community how your scaling solution can be used to bring Community Points to mainnet.The great bake-off event initiated by online forum provider Reddit isn’t judging bread, or croissants or cookies. Instead, Reddit is trying to find a winning system to administrate smart contracts on the Ethereum blockchain, to modernize how users benefit from participating in the online community.The idea is...

Anyone that has used Ethereum for anything recently will have noticed a surge in gas fees. The DeFi boom of 2020 is largely responsible for this as demands on the creaking network increase. Ethereum and ERC-20 tokens make up the foundations of DeFi, and it has become painfully evident that the network cannot take the load.Average Ethereum fees have surged to just under $3 as of August 10, according to Bitinfocharts.com. Aside from a spurious spike in June, this is the highest they have been...

Ab sofort kann der Token der beliebten japanischen Messaging-App LINE an der Kryptobörse BitMax, die in Singapur ansässig ist, gehandelt werden. Mit einer Firmenmitteilung vom 06. August kündigte LINE erst kürzlich an, dass der eigene Token LINK (LN-Token) in Zukunft zum Handel an der Kryptobörse BitMax freigegeben wird. Der Messaging Dienst kann aktuell rund 84 aktive Nutzer in Japan vorweisen. Damit...