Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...
Read More »Binance Launching Smart Contracts Blockchain: New Competitor For Ethereum?
Binance, the world’s leading cryptocurrency exchange, published a new white paper for a solution called Binance Smart Chain. It’s a new blockchain that will run in parallel to Binance Chain and will also support smart contract functionalities. Binance Announces Smart Chain Blockchain In a recently published whitepaper, Binance announced the development of Binance Smart Chain – a new blockchain that will support smart contract functionality. The new network is described as an innovative...
Read More »Ethereum Price Grew Significantly Today, Gaining Over 8% in 24 Hours
Today, on Thursday, April 16th, the Ethereum price is growing steeply. The coin is generally trading at 169.70 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Ethereum price is growing today: tech analysis.The price of all assets in the ETH network has become equal to the BTC.Users will be able to check the origin of the cryptocurrency.On W1 of the Ethereum, we see that the correctional phase after a rapid decline was too “modest”. A new wave of descending dynamics did not become vast...
Read More »Bitcoin Price Hikes Back Above $7,000 as Ethereum Jumps 8.5%
Bitcoin price has climbed back to $7,000 after the recent fall below this level. Ethereum, meanwhile, has gained over 8% in 24 hours. ETH is trading for around $170.Since coronavirus has been declared a pandemic by the World Health Organization, Bitcoin price alongside several other crypto coins, e.g Ethereum, XRP, etc. crashed and began to fluctuate, rising in the day and dropping at night.Bitcoin price, which rose as high as $10,000 earlier this year, dropped below $4,000 also after the...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Defend This Key Support?
Litecoin price is down more than 10% from the $45.00 resistance against the US Dollar.LTC price broke the key $40.00 support level to move into a bearish zone.There is a major bearish trend line forming with resistance near $41.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must stay above the $38.00 or $37.00 support to start a fresh upward move.Litecoin price is showing a few bearish signs below $42.00 against the US Dollar, similar to bitcoin. LTC price...
Read More »Analysis: Smart Contract Transaction Fees 9 Times Greater Than Those For Regular ETH Transactions in March
An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March.Fees Paid By Users Greater Than The Cost Paid By The NetworkAnkit Chiplunkar, the head of research at the popular data monitoring resource Token Analyst, has brought up some interesting findings regarding the performance of the Ethereum network.The fees paid to miners, amounting to about 26,100 ETH,...
Read More »Crypto Price Analysis April 15: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash 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.The cryptocurrency market is correcting again. Assets are rebounding from their respective resistance levels while the potential for significant decline remains. On...
Read More »Ethereum Price Analysis: ETH Trading In A Close Range But A Huge Move Could Be Imminent
Ethereum witnessed a sharp 7% price drop over the past seven days as it trades at $156.However, over the past 5-days, Ethereum has been trading sideways between $155 and $160.Against Bitcoin, the bulls are controlling the market after rebounding at 0.0229 BTC to trade above 0.0232 BTC.Key Support & Resistance LevelsETH/USD:Support: $155, $150, $143.Resistance: $160, $165, $170.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTC..ETH/USD –...
Read More »Fairspin casino announces another record-breaking win proofed via blockchain
Fairspin: automatically exchanges Bitcoin and Ethereum to the game currency TPLAY. Fairspin, a blockchain casino that offers games from gaming top providers, has announced the gaming stats of the last month, and it is revealed that the new record win took place in March. On March 7, the lucky winner got 2,5 BTC ($22,000 at the time of the withdrawal) during only one day. The win came from a $1,900 deposit. The biggest one-time win took...
Read More »#861 Jungunternehmer tokenisiert sich, Bitcoin Proof-of-Stake & John McAfee Privacy-Coin Ghost
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 861. Heute sprechen wir über folgende Themen: Initial ALEX Offering: Jungunternehmer tokenisiert sich, Bitcoin wird auf Proof-of-Stake übergehen & John McAfee Privacy-Coin Ghost. [embedded content] 1.) Initial ALEX Offering: Jungunternehmer tokenisiert sichhttps://www.btc-echo.de/initial-alex-offering-jungunternehmer-tokenisiert-sich/ 2.) Bitcoin Suisse-Gründer: Bitcoin wird auf Proof-of-Stake...
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Ethereum (ETH)
