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...
Read More »Positive Ethereum Interactions Through The Roof After ETH’s Price Surge
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...
Read More »Chainlink Has Reached a New All-Time High
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...
Read More »Who Are the Top Players for Reddit’s Great Bake-off and What Are They Building?
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...
Read More »Average Ethereum Fees Surge to $3 on High DeFi Demand
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...
Read More »Line Messenger: Erste Token auf Bitmex verfügbar!
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...
Read More »ETH Price Skyrockets 15% to $450 on Uniswap Following One $18-Million Transaction
Following what appears to be the actions of a single whale, the price of ETH skyrocketed to just under $450 according to the Uniswap v2 ETH/USDC price ticker in late trading on August 10. This represented an increase upwards of 15%.The trade involved a series of swaps totaling almost $18 million in USDT to purchase just over 40,000 ETH. Within a couple of hours, the price of Ethereum had returned to its range-bound channel at around $395.ETH/USD Chart, Uniswap V2. Source: UniswapRealt...
Read More »#945 Ethereum 2.0 Testnetz, 33 Prozent ADA im Staking & Master Debit Karte Gewinner
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 945. Im heutigen Video geht’s um folgende Themen: Ethereum 2.0 Testnetz verläuft positiv, 33 Prozent des Cardano (ADA) Supply sind im Staking & Master Debit Karte Gewinner. 1.) Ethereum 2.0 Testnetz verläuft positiv – über 1 Mio. „ETH“ wurden gestakedhttps://cryptomonday.de/ethereum-2-0-testnetz-verlaeuft-positiv-ueber-1-mio-eth-wurden-gestaked/ 2.) Cardano: 33 Prozent des ADA Supply befinden sich im...
Read More »Ethereum Closing Down On $400 a Matter Of Time? ETH Price Analysis
Ethereum saw a small 1.7% price increase today as the coin reached the $395 level.The cryptocurrency has struggled to break above $398 for the past four days.Against Bitcoin, Ethereum continues to remain supported at the 0.0326 BTC support.ETH/USD: Bulls Halted By $398 ResistanceKey Support Levels: $380, $370, $350.Key Resistance Levels: $400, $408, $430.Ethereum had surged by a total of 65% over the past 30-days of trading, which allowed the coin to reach as high as $408 last week. It had...
Read More »Weekly Cryptocurrency Recap: Bitcoin and Ethereum Fail to Break Above Resistance
A few hours before the weekly open Bitcoin’s price crashed.Bitcoin Recovers, But Fails to Break Above $12,000The flagship cryptocurrency took a 13.69% nosedive, plugging from a high of $12,154.25 to a low of $10,490 within 30 minutes. The bearish impulse caused the liquidation of over $1 billion worth of BTC futures contracts across multiple crypto derivatives exchanges within the industry.As Monday, August 3rd, kicked off with Bitcoin trading at $11,080.70, many market participants feared a...
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