Ethereum (ETH)

The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.”ETH’s Role On Ethereum Blockchain DecreasesPer the research provided by Messari’s Ryan Watkins, ERC-20 tokens are rapidly approaching 50% of the total value stored on the Ethereum network.ERC20 Tokens On Ethereum Blockchain....

Ethereum is stuck at 0.023 BTC resistance after forming a cup-and-handle patternIt is gaining strength again after reclaiming the crucial $200 mark this weekETH/USD: Ethereum Recovers Well Above $200Key Resistance Levels: $226, $237, $246Key Support Levels: $211, $200, $191ETH/USD. Source: TradingViewThere’s no doubt that the bulls are coming up again following the latest buying volume in the entire crypto market. Ethereum’s price jumped 10% in two days before it met resistance and pulled...

BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...

Today, on May 28th, Ethereum is generally trading at around $210. ETH is said to be underpriced by the market these days.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD Tech analysis.Ethereum is underpriced today by the market – Blockfyre.The test hardfork of the ETH reminded of old mistakes.On W1, ETH/USD carries on a wave of growth after a swift decline. The price reached 50.0% Fibo and pulled back to 38.2%. The quotations currently keep on trading in the range between 50.0% and...

Litecoin price found support near $41.50 and it is currently correcting higher against the US Dollar.LTC price is likely to face a lot of hurdles on the upside near $44.50 and $45.00.There is a major bearish trend line forming with resistance near $45.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $45.00 resistance, above which it might rally to $48.80.Litecoin price is showing signs of an upside correction against the US Dollar,...

Table ronde virtuelle du Cercle du Coin du mercredi 27 mai. Programme : Altcoins, le cœur a ses raisons que la raison ne connaît point ? Apparition de la première vague : Comment les altcoins sont apparus dans le monde des cryptomonnaies ? Quelle est leur raison d’être ? Comment ceux-ci sont perçus par les acteurs à l’époque ? Comment évoluent-ils ?Un monde d’expérimentation : Les altcoins permettent-ils d’innover là où cela semble impossible sur Bitcoin ? Ethereum est-il une...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, Bitcoin Cash and TRON price movement.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.Cryptocurrencies continue correcting without making any significant movements. The major event for Bitcoin will be a breakout of $9,450, which may indicate further...

Ethereum increased by 3% today as it rebounds from $200 and reaches $208.The cryptocurrency battles to remain above the rising trend line.Against Bitcoin, Ethereum failed to continue above 0.023 BTC as it drops back into the 200-day EMA.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $215, $220, $225.ETH/BTC:Support: 0.022 BTC, 0.0215 BTC, 0.021 BTC.Resistance: 0.023 BTC, 0.0236 BTC, 0.024 BTC.ETH/USD – Ethereum Forming Ascending Triangle.Ethereum rebounded...

An interesting and certainly education Reddit thread surfaced today, showing the importance of being extra careful when it comes to dealing with sensitive cryptocurrency information online. A user lost $1,200 worth of ETH in a matter of seconds after accidentally leaving his mnemonic phrases on GitHub.For clarity, a mnemonic phrase or backup seed, as it is sometimes called, is a readable 12-word phrase that is used to represent the private keys of a crypto wallet. $1,200 Stolen In 100...

By examining numerous aspects of the Ethereum network since its launch in 2014, a cryptocurrency research firm concluded that the asset price is significantly undervalued.Ethereum DevelopmentsBlockfyre based the analysis on several core features of the Ethereum network and its performance in the past six years. Firstly, the company examined the development activities, saying that they have been continuously increasing, regardless of how the price has acted.Ethereum Development Activities....