Bitcoin had another disappointing week providing a negative weekly return of 1.60%.Bitcoin Spends Another Week On the Cusp of a BreakoutBitcoin had another disappointing week providing a negative weekly return of 1.60%. Even though the flagship cryptocurrency entered Monday, July 13th, on a good posture by rising to a high of $9,345, the bears took full control of the price action. By the end of the day, BTC was trading at $9,224, roughly 0.82% lower than the weekly open.The selling pressure...
Read More »Ethereum Price Analysis: ETH Eyes Huge Move – $200 Or $250?
Ethereum increased by a small 1.62% over the past 24 hours as it reached $238.The cryptocurrency remained above a rising trend line this weekend, which kept the uptrend intact.Against Bitcoin, Ethereum rebounded from the 0.0253 BTC level to reach 0.026 BTC today.ETH/USD: Bulls Defend Rising Trend Line To Keep Bull Run AliveKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Last week, ETH dropped from the $245 resistance, which caused it to fall into the rising support...
Read More »Importance of Choosing the Right Crypto Company
Back in May 2020, investors in cryptocurrencies were seeing first-hand the risks involved in the market. However, at the time, BTCS (OTCQB: BTCS) was accruing value for its shareholders with well-timed cryptocurrency purchases that resulted in its cryptocurrency asset under management (AUM) growing to reach $1.02 million at the end of June 2020.Given the volatility of cryptocurrency prices, investors need to take particular care when selecting a crypto company. Below are three important...
Read More »#928 Bitcoin-Preis vor Ausbruch, ERC 20 Token 50 Prozent von ETH & Binance Malaysia Ärger
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 928. Heute sprechen wir über folgende Themen: Indikator zeigt, dass die langweilige Bitcoin-Preisaktion ein Ende nehmen wird, ERC 20 Token 50% von ETH & Binance Malaysia Ärger. 1.) Indikator zeigt, dass die langweilige Bitcoin-Preisaktion ein Ende nehmen wirdhttps://coincierge.de/2020/indikator-zeigt-dass-die-langweilige-bitcoin-preisaktion-ein-ende-nehmen-wird/ 2.) ERC-20 Tokens Make up About 50% of Entire...
Read More »5 Years of Ethereum Proof of Work: What Did We Learn?
Proof of Work, a consensus mechanism, has proved to be the backbone of some of the leading and widely-adopted blockchain networks. These include Ethereum, Litecoin, and, of course, Bitcoin.Many from the blockchain industry have wondered how come Proof of Work (PoW) remained so resilient over all these years. Some are even baffled by its resilience as it has withstood a long list of challenges like growth, performance, and security issues over the years.Key Takeaways From 5 Years of PoWThe...
Read More »Final Planned ETH 2.0 Testnet Supposedly Going Live Very Soon
Phase 0 of Ethereum 2.0 has been running full nodes on the Topaz testnet for months. However, the first block on the highly anticipated Beacon Chain has been mined and validated in mid-April. The first testnet was called Sapphire, and it was a scaled-down version that successfully tested smaller 3.2 ETH deposits.Topaz went live with testing full 32 ETH nodes in May, and the Onyx testnet was launched in mid-June. According to Prysmatic Labs, who have been conducting a lot of the testing, Onyx...
Read More »Crypto Price Analysis & Overview July 17: Bitcoin, Ethereum, Ripple, Chainlink, and Tezos
BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...
Read More »Almost 80% of Ethereum (ETH) Supply is Primed For Staking
The highly anticipated upgrade from ETH 1.0 to ETH 2.0 has been in the pipeline for a couple of years now. The initial phase, Beacon Chain, has been running full nodes on testnet since May, and staking rewards are being paid out to validators testing the new platform.The mainnet launch is unlikely to happen until later this year at best or even early 2021. A recent report has taken a deep dive into the economics of ETH 2.0, and it appears that many holders of the world’s second-largest...
Read More »A look at the real life of startups in Switzerland
“Start-up”, a documentary miniseries by Manuel Stagars The Swiss startup scene grows year by year and has reached international acclaim. At the same time, those outside of its inner circle know little about the daily business, the troubles, sorrows and challenges of the young founders on their quest to build innovative business models that reach global success. The world of deep tech startups is the central theme of the documentary...
Read More »Ethereum Price Analysis: ETH Bulls Fighting Hard to Defend $230
Ethereum saw a sharp 3% price drop today as it falls to the $230 level.This price decline has put ETH in danger of breaking beneath a rising trend line and turning bearish.Against Bitcoin, Ethereum fell lower from the 0.0263 BTC resistance to reach 0.0253 BTC again today.ETH/USD: ETH Bears Push Into Trend Line SupportKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Looking at the daily chart, we can see that ETH struggled to break the resistance at $245 this week...
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