Ethereum (ETH)

After a relatively calm weekend without any major price developments and following a retest of the $11,400 support on Friday, Bitcoin slowly recovers. It is currently trading around $11,700. Large-cap altcoins follow Bitcoin as ETH getting closer to $400 once again.After Friday’s crush, this is the day of the low-caps altcoins.Contrasting Altcoin MovesEthereum and Ripple display somewhat similar performances in the past few days lacking significant fluctuations, slightly up judging by the...

Ethereum dropped by a total of 9% over the past week as it breaks beneath $400, currently marking $380 – $382 as a critical defensive wall before a further downside price action.Despite this price decline, Ethereum remains mid-term bullish within the August trading range of $438 and $363.Against Bitcoin, Ethereum penetrated beneath the March 2019 support as it trades at 0.0334 BTC.ETH/USD – The Fight to Reclaim $400Key Support Levels: $382, $375, $363, $340.Key Resistance Levels: $400, $408,...

The Ethereum community rejoiced after the first block of the Medalla test net was finalized. But the transition to ETH 2.0 isn’t turning out to be all that smooth.Despite the important updates, network participation on the test net remains wobbly. This is happening amid Medalla’s gnawing debacle last week.Medalla Testnet’s First BlockAs per the latest update on Ethereum 2.0, the Medalla test net finalized its first block.Medalla just finalized!#ethereum pic.twitter.com/1Fva2Kjf1v— Bitfly...

BitcoinBitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.The...

CoinShares’ total managed funds have now hit $1 billion, with the volume rising to reflect the growing global interest in cryptocurrency.As the demand for Bitcoin and other cryptocurrencies surges globally, the CoinShares fund hit $1 billion. The Ethereum and Bitcoin fund manager hit the nine-figure mark in assets under management (AUM).With CoinShares, traders can invest in its XBT Provider products. This will enable them to access the crypto market without owning actual cryptos or managing...

Ethereum’s network is on the brink of its highest congestion rate, while the transaction fees are still particularly high.Amid all of this, Tether has moved over 1 billion USDT from Tron’s network to Ethereum.Tether Moving 1 Billion USDT to EthereumEarlier today, Tether, the company issuing the most popular stablecoin, USDT, announced that it plans to move 1 billion USDT to Ethereum’s ERC20 protocol.“In a few hours, Tether will coordinate with a 3rd party to perform two chain swaps...

Ethereum dropped since hitting the 2-year high at $438 over the weekend to reach $413.The coin spiked beneath $400 yesterday but found reliable support at $396.Against Bitcoin, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement).ETH/USD: Momentum Reaches A Period Of IndecisionKey Support Levels: $408, $400, $380.Key Resistance Levels: $438, $445, $465.The bullish pressure has faded since ETH reached the 2-year high at $438 last week. The coin...

Paris Hilton, a businesswoman, model, singer, and heiress to the Hilton Hotel chain has successfully sold in an auction a picture of her cat as a non-fungible token on an Ethereum-based platform for 40 ETH.While employing the same platform to auction off a picture of his own, Ashton Kutcher burned the paper copy to immortalize the digital form existing now only on the blockchain.Paris Hilton Raises 40 ETH For CharityBased on the Ethereum blockchain, Cryptograph enables famous individuals to...

Litecoin price started a major downside correction from the $69.00 swing high against the US Dollar.LTC price is currently holding the key $60.00 support zone and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $62.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could rise again, but the bulls need to clear the $65.00 resistance for a sustained upward move.Litecoin price is holding a couple of important...

After updating their respective highs once again, all assets have started descending corrections, which may be considered just as another movement to the downside before a further uptrend.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.On charts of many assets, the currently forming structures point at further growth. So, if bulls continue their pressure,...