Ethereum (ETH)

Ethereum dropped a steep 12% over the last 24-hours as it sinks into support at $205.The cryptocurrency initially climbed into the $250 resistance before severely rolling over and crashing toward the 100-days exponential moving average.Against Bitcoin, Ethereum also dropped but found support at the 0.0247 BTC level.Key Support & Resistance LevelsETH/USD:Support: $200, $190, $171.Resistance: $206, $220, $225.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.0239 BTC.Resistance: 0.0263 BTC, 0.027...

Today more and more blockchain and crypto-related projects are entering the financial market offering competitive advanced services.Innovations around blockchain and crypto tech have been on the rise since Bitcoin’s first transaction a decade ago. Despite the regulatory hurdles, this industry emerged as a force to reckon with especially after Facebook’s digital currency proposal Libra.More so, a number of blockchain and crypto oriented projects are popping up in relation to the financial...

Bitcoin and other cryptos’ prices dropped soon after a plunge in oil prices. Besides, Bitcoin lost its positions as a result of a crypto scam committed by PlusToken.Today, the beginning of the trading session has become the worst this year. After a massive sell-off on Sunday, markets have not managed to recover. As a result, cryptocurrencies have suffered significant drops. Bitcoin price declined by 9.32% in 24 hours, Ethereum lost 10.48%, Litecoin dropped by 14.41%, XRP is 9.95% down. This...

Ireland, Switzerland and Austria generate most of the coronavirus related requests in Europe. They want to know how coronavirus impacts Bitcoin price. The situation looks like both Bitcoin and coronavirus turn out to be risky, yet very profitable investment bet.Per Google Trends, people across the planet are in the search for ‘coronavirus bitcoin’. They show more concerns over the virus’s influence on local areas.Specifically, Canada, Singapore, Germany, and Australia are beating the charts...

XRP concludes the week with a minor 2.3% price increase, while Bitcoin increased 5% and Ethereum 7.7%.The cryptocurrency has failed to break above the current range as it faces resistance at $0.245Against Bitcoin, XRP continues to trade sideways between 2710 SAT and 2640 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.235, $0.227, $0.22.Resistance: $0.245, $0.25, $0.26.XRP/BTC:Support: 2640 SAT, 2595 SAT, 2550 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD – Ripple Fails To...

Bitcoin (BTC)Bitcoin price managed to increase by a total of 5.58% over the past 7-days of trading after rebounding from the support at $8,550 provided by the downside 1.618 Fibonacci Extension level. After bouncing, the cryptocurrency managed to travel higher as it broke the $9,000 level in yesterday’s session to reach $9,150 today.From above, the first level of resistance lies at $9,200 (bearish .382 Fib Retracement). This is followed by resistance at $9,400, $9,450 (bearish .5 Fib...

Ethereum saw a further 3% price increase over the past 24 hours of trading as it heads toward $240, but still far from the 2020 high of $280 reached two weeks ago.Against Bitcoin, Ethereum rebounded above the 0.025 BTC, currently heading towards resistance at 0.026 BTC.Key Support & Resistance LevelsETH/USD:Support: $230, $225, $220.Resistance: $240, $250, $255.ETH/BTC:Support: 0.0256 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.0263 BTC, 0.027 BTC, 0.0278 BTC.ETH/USD – Buyers Set Sights...

With Ethereum (ETH) price consolidating over the last couple of weeks, top holders of the second largest cryptocurrency have been filling their bags with more coins, according to new data from Santiment, an on-chain metrics provider.According to the report, the largest 100 Ether wallet addresses have started accumulating higher percentages of the token’s total supply again, despite the market conditions. These accumulations are an indication that the top holders of the coin (in this case,...

It is likely that non-custodial lending platforms including the likes of Lendroid, Aave and Compound will continue to rise to prominence as they are well protected against hacks, thefts and even black swan events.Although many cryptocurrency owners turn to trading in order to profit on their investment, this is far from the only way to make money with cryptocurrencies.Instead, an increasing number of people are turning to safer, less technical ways to gain a positive yield from their...

EY with Microsoft and ConsenSys announced the launch of their open-source Baseline protocol. Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain.The global leader in assurance, tax, transaction and advisory services EY yesterday announced the launch of the Baseline protocol. This is the name for the new EY package of public domain blockchain tools that enables enterprises to construct and redistribute obtainment and other...