Ethereum (ETH)

Litecoin price is trading nicely above a major support at $45.50 against the US Dollar.LTC price is likely to start a strong upward move if it clears the $46.80 and $47.00 resistance levels.There is a key contracting triangle forming with resistance near $47.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could only start a bearish wave if it settles below the $45.00 support zone.Litecoin price is showing signs of a bullish break above $47.00 against the US...

Volatility on the cryptocurrency market remains rather low. One shouldn’t exclude a possibility of strong movements to break sideways channels in many assets.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.For Bitcoin, a very important target is at $10.565, a breakout of which may push the major digital currency towards $13.000 or even higher. However, if...

Stablecoins are touted as a hedge against the high volatility in the cryptocurrency markets since they are pegged to a relatively stable asset or a basket of assets like fiats or precious metals. However, new findings reveal that some of these tokens have ties with illicit activities like Ponzi schemes.In its latest state of the network report, crypto analytics firm Coin Metrics analyzed the supply and activity distribution of stablecoins, including market leaders Tether (USDT), USD Coin...

Ethereum surged by a total of around 20% over the past two weeks, but it struggles to break $250.The cryptocurrency has been trading between $235 and $250 for the entire period of June.Against Bitcoin, Ethereum struggles to pass the resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $240, $235, $225.Resistance: $250, $254, $268.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.024 BTC.Resistance: 0.0255 BTC, 0.026 BTC, 0.0265 BTC.ETH/USD: Ethereum Continues To Battle At...

A recent transaction on Ethereum’s network saw someone pay 10,668 ETH in fees while the actual value of the transaction was 0.55 ETH. This isn’t the first instance of something like this happen as insane fees have been paid on several occasions in the past.$2.5 Million Worth of ETH Fees for a Single TransactionAccording to Etherscan, approximately two hours ago, someone sent 0.55 ETH to an unknown address. And while all of it might seem like a regular Wednesday, the transaction fees paid for...

BlockFyre founder Simon Dedic is predicting that the next bull rally will take the world’s number one digital currency by market cap – bitcoin – into the $150,000 range. He’s also predicting that many altcoins will hit it big as well, with assets like Ethereum striking the $9,000 mark.Dedic: Bitcoin Will Hit $150KIn a series of tweets, Dedic discussed the 2017 bull run that saw virtually every digital currency spiking to levels that virtually nobody could have predicted. At that time, bitcoin...

A study compiled by the American multinational financial services corporation Fidelity Investments informed that a third of large institutional investors own a form of cryptocurrency. The highest level of interest came from Europe, followed by the US.Institutional Investors Choose CryptocurrenciesAccording to the report from Bloomberg citing the survey from Fidelity, 36% of all 774 participants said that they own digital assets or derivatives. When broken down into smaller categories, the...

Ethereum price is trading in an uptrend above the $240 support against the US Dollar.ETH price must break the $248 and $252 resistance levels for more gains.There is a key bullish trend line forming with support near $240 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher towards $265 if it clears the $252 level.Ethereum price is showing a few positive signs above $240 against the US Dollar. ETH/USD is currently struggling to gain strength above the $248...

The number of DAI locked up in the Ethereum based Aave lending protocol almost doubled, leading into June 8.Aave is a prominent protocol in Ethereum’s decentralized finance (DeFi) ecosystem. Users can lend cryptocurrency at stable or variable rates, earning daily payouts to the wallet of their choice. They can take advantage of uncollateralized, trustless flash-loans, paid back within the same transaction block.DAI Locked in Aave Almost Doubles OvernightAccording to data from DeFi Pulse, the...

Blockfyre co-founder Simon Dedic predicts that Bitcoin (BTC) prices will hit $150,000. However, he doesn’t think that this rise will be like the one we observed in 2017.Blockfyre’s Co-founder Simon Dedic has predicted that Bitcoin (BTC) price could reach $150,000. He also said that Ethereum (ETH) could hit $9,000. Dedic believes that these events will occur in the next bull run. For Bitcoin (BTC) this represents a 1,400% increase. At the time of filing this report, Bitcoin (BTC) price was at...