Im Windschatten des BTC kletterte der ETH auf ein Jahreshoch. Mit über 400 US-Dollar lag der Kurs zwischenzeitlich sogar auf einem 24-Monatshoch. Doch die Signale deuten nicht auf weitere Kursgewinne, sondern eher auf eine Korrektur nach unten.Ethereum News: Ethereum klettert auf JahreshochBis auf 415 US-Dollar stieg Ethereum in der Spitze mit der allgemein positiven Marktentwicklung. Damit konnten Investoren innerhalb der letzten 7 Tage ein noch deutlicheres Plus erzielen als mit dem...
Read More »Ethereum Price Analysis: ETH Could Rally Again If It Clears $400
Ethereum price rallied to a new multi-month high at $418 before correcting lower against the US Dollar.ETH price is currently trading nicely above the $380 and $375 support levels.There is a key breakout pattern forming with resistance near $400 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $400 resistance in the near term.Ethereum price is showing positive signs above the $375 pivot level against the US Dollar. ETH/USD is likely to...
Read More »LINK Paints Fresh ATH Above $9 While BTC Dominance Bleeds (Market Watch)
Green dominates most of the cryptocurrency market with some impressive gains from Ripple, Tezos, and Chainlink as LINK even marked a fresh all-time high. Bitcoin’s unsuccessful attempt to conquer $11,500 has pushed the asset down to $11,300Altcoins Rejoice, LINK ATHSpeculations for а revived altcoin season emerged today as the majority of alts have increased their value in the past 24 hours. The second-largest cryptocurrency market continued its impressive 2020 summer with another 2%...
Read More »Arthur Hayes is Bullish on Ethereum, Calls Next Target
Ethereum’s next target is $500, according to BitMEX co-founder and CEO Arthur Hayes. He expressed his amazement about ETH’s surge to $400, calling for the continuation of the rally.Ethereum Breaks Above $400 For First Time Since August 2018On Sunday, Ether hit the highest level in two years, breaking above $400 for the first time since August 2018. Ethereum has benefited from the general bullishness of the cryptocurrency market, but it’s not only that.The second-largest cryptocurrency is at...
Read More »XRP Price Above $0.31, Ripple Labs Improving XRP Market Liquidity
XRP price is up 7% at the time of writing. The coin’s price seems to be benefiting both due to FOMO action and RippleNet performance.XRP Ledger native coin XRP has broken out of a multi-week falling trend. At the time of writing, XRP that is widely used by Ripple in its solutions, was trading slightly above $0.31, with the bull seeming in control of the price in the coming days.In the past seven days, the asset rose over 40% and jumped over 7% at the time of writing. The rise is double the...
Read More »Ethereum 2.0 Medalla Testnet Expected Tomorrow: ETH Nearing $400
Ethereum prices hit a two-year peak of $410 on Sunday. Ethereum has been sitting in a range bound channel around $230 for three months, but in late July, it finally broke out to surge 70% in less than two weeks.Sunday’s intraday high put ETH prices back at their highest since August 2018, a couple of months before a massive capitulation sent them back to double digits.ETH/USD. Source: TradingViewThe momentum has lifted the total crypto market capitalization to its highest level for over a...
Read More »Market Watch: Altcoins On Fire As Bitcoin Dominance Taps Yearly Lows
Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...
Read More »More than 100 Alleged Plus Token Criminals Apprehended
China has arrested more than 100 separate individuals who may have taken part in the Plus Token scam that resulted in more than $1 billion in stolen crypto funds.Plus Token Is One of the Biggest Ponzi SchemesInitially based in South Korea, Plus Token was designed to be a “high-yield” investment plan that allegedly offered massive funds for all who took part. As much as 18 percent yield was promised to investors from both South Korea and China granted that they were willing to store...
Read More »Just How Dominant Is Bitcoin in the Crypto Space?
Bitcoin is arguably the dominant cryptocurrency throughout the digital asset space, but how much of its dominance is real?How Dominant Is Bitcoin, Exactly?When placed up against all other crypto assets, bitcoin’s dominance sits at roughly 60 percent. However, many analysts believe that placing it up against all other coins or tokens isn’t entirely fair, and that it should only be placed up against currencies that are trying their best to be legitimate money or that are working to replace...
Read More »ETH Price Recovers to $380 Following Hectic Day But What’s Next? (Ethereum Price Analysis)
Ethereum had a crazy day of trading today as the price fluctuated massively.The cryptocurrency has rallied all month long after increasing by 62% to create a fresh 2-year high.Against Bitcoin, Ethereum also increased to 14-month highs as it reached 0.034 BTC.ETH/USD: Massive VolatilityKey Support Levels: $343, $321, $300.Key Resistance Levels: $400, $410, $420.The Ethereum price surge in July has been nothing short of spectacular as it managed to rise by 62% to create a fresh 2-year high at...
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