Ethereum (ETH)

Ever since the geopolitical tensions in the Middle East where top Iranian military commander Qassem Soleimani died, the incident is the main explainer for why gold reached six-year highs. Now when in the recent days the Swiss Franc is surging, Goldman Sachs Co-Head of Global Foreign Exchange Zach Pandl believes it could be because it may be being used as a proxy for gold. He says that CHF follows gold in terms of price swings. Pandl said that on Monday morning it was trading around...

Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND).Binance Adds P2P VND TradingBinance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually adding new features, allowing traders to take advantage of a diversified set of tools.According to a press release shared...

Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...

Ethereum saw an incredible 21% price surge this week, bringing the price for the coin up toward $175.Against BTC, ETH climbed further higher to meet resistance at the 100-days EMA.Ethereum has now turned bullish after breaking above the December 2019 high at $152.Key Support & Resistance LevelsETH/USDSupport:  $165, $155, $145, $133.50.Resistance: $175, $180, $186, $194.ETH/BTC:Support: 0.019 BTC, 0.0185 BTC,  0.0171 BTC.Resistance: 0.0196 BTC, 0.020 BTC, 0.0204 BTC.ETH/USD:  ETH Shoots...

The ethereum classic price (ETC) rallied 40% over the last 24 hours. ETC has more than doubled this week. ETC is now a top 10 cryptocurrency by market cap. An ETC futures product that launched this week catalyzed the price action. A recent technical upgrade is also a likely factor. The ethereum classic price is riding high on Friday, as a crucial technical upgrade partnered with a dash of Binance leverage to launch the lesser-known altcoin into the stratosphere....

Last week was nothing but volatile for Bitcoin and the entire cryptocurrency market. Fortunately, the volatility did well. Seven days ago, Bitcoin was trading at around $7,950, while today, the cryptocurrency stands at almost $8,900. This marks an increase upwards of 13% for the past seven days.It’s worth noting, however, that this time altcoins did a great job following. All of the top 20 cryptocurrency projects are trading in the green, with some marking more than notable gains. Bitcoin SV,...

Following this week’s triumphant Bitcoin rally, it seems that dozens of altcoins have been seeing significant price jumps. And today, it would seem that Ethereum Classic has jumped on the bandwagon too.In fact, ETC has seen a huge surge of about 40% over the course of the last 24 hours and as of today, Friday, January 17th, 2020, is sitting in around $11.6. ETC/USD. Source: TradingViewThat’s a 280% increase after ETC hit its lowest price of $3.50 at the end of last year.The popular opinion is...

Ethereum, the number 2-biggest crypto with a recent market value of $18 billion, gained ground after a brief retreat on Thursday. The coin gained more than 3% daily and 2.8% since early Friday. The ETH/USD attempted to surpass $175.00 but the move proved unsustainable and the currency plunged beneath the $170.00 price level while investors ride on positive sentiment.The major considerations why Ethereum could not improve to service the developing market was because it did duplicate Bitcoin‘s...

Bitcoin saw a serious 12% price increase this week, allowing the cryptocurrency to rises toward the $8,800 level. BTC actually managed to rise into the $9,000 resistance level today but has since rolled over and fallen slightly. The latest price increase saw Bitcoin rising well above the 200-days EMA as it approached resistance at $8,960 (provided by a bearish .786 Fibonacci Retracement level). This price surge puts Bitcoin on a strong bullish footing as the cryptocurrency gears itself to...

Binance will list a new set of FTX leveraged tokens that will allow users to open 3x long or short positions for Bitcoin and Ethereum. This comes less than a month after the Maltese-based exchange made a strategic partnership with the derivatives exchange, FTX.Binance Lists New Type Of Leveraged TokensThe leading cryptocurrency exchange by volume, Binance, announced earlier today its newest addition for leveraged tokens. According to the publication, the company will list four FTX tokens –...