Ethereum (ETH)

Ethereum price climbed higher nicely and traded to a new 2020 high at $195 against the US Dollar.ETH price is currently correcting lower and it broke the $190 support level.There is a major bullish trend line forming with support near $185 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after testing the $185 support area and the trend line.Ethereum price is trading in a nice uptrend above $185 and $178 against the US Dollar. ETH/USD is likely to resume its...

It is most likely that Bitcoin will gain from a rapid drop in Asian stock markets due to the coronavirus menace. Crypto analysts believe that the flagship token will gain soon. Apart from that, the halving event is fast-approaching. Bitcoin is less than 99 days away from its halving event. Most of the market commentators are bullish on its impact.Bitcoin price smashed the $9,600 hurdle for the first time since November 2019. Nonetheless, the weekend session was also dominated by significant...

The XRP token had a great start to the week following a 2.82 percent surge in price after Ripple, the company that is using the cryptocurrency in its solutions, released 500 million tokens from an escrow account on Feb. 1, at least according to data provided by resource monitoring website Whale Alert.In the last 24 hours, XRP price has spiked from $0.2460 to its current price of $0.2522, CoinMarketCap data shows. XRP’s gains extended across the board to other altcoins particularly those in...

“DeFi” might sound a little mysterious, but there is no reason to feel overwhelmed. It is just a portmanteau, which comes from compressing two familiar words: “decentralized” and “finance”. Both are at the core of the proposed operations, being currently developed in California’s famed Silicon Valley.It is true that both words were already used to describe cryptocurrencies for at least a decade. But DeFi is on track to build an interlocking financial system, using blockchain technology to...

The total number of cryptocurrencies crawling all over the crypto space is now no less than a thousand. And more cryptocurrencies are rising by the minute.A little more than a decade since the first digital currency and we’ve had cryptocurrencies that failed their hyped potential and other ones that surprised us. In this article, we will be listing the top five cryptocurrencies you are better off paying attention to at the start of a new decade.We will touch on the past history, performance,...

Bitcoin has been doing quite well as of late. Over the past month, it has entered and stayed within bearish territory, and it’s currently trading for approximately $9,300.Bitcoin May Be Heading Back Down SoonYet, not everyone is convinced that everything is going to stay pleasant and positive. Many are worried that the currency is about to strike an anvil, and the bears are about to take over for good.Analysts are suggesting that bitcoin is above the “upper-band limit of the GTI Vera Band...

TL;DREthereum had increased by 6% over the past three days to reach the $185 resistance, before stalling.Against Bitcoin, ETH rebounded from the 0.0185 BTC to return to the 100-days EMA.Ethereum is now trading above the 200-days EMA as it sets sights to $200.Key Support & Resistance LevelsETH/USDSupport: $172, $165, $158.Resistance: $185, $194, $200.ETH/BTC:Resistance: 0.02 BTC, 0.0204 BTC, 0.021 BTC.Support: 0.0185 BTC, 0.0182 BTC, 0.0179 BTC.ETH/USD –  ETH Breaks 200-days EMASince our...

Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert.Furthermore, he expressed his hopes once again that the United States can lead the race for both digital assets and blockchain adoption. This aligns with Bakkt plans, as CryptoPotato reported this week.Ethereum Futures Coming Soon?Bitcoin has dominated the cryptocurrency Futures market, but Ethereum might soon have its own similar product, according to Tarbert. The...

Verasity, the attention-based rewards platform for content creators, finished 2019 on the right note. And 2020 is looking even better.The team has been working hard on key relationships, which culminated in its partnership with Jun Capital, a gateway to the lucrative Asian streaming market. Outside of promising professional relations, Verasity released its metrics for a fervent Q4 2019 that entailed a 20X increase in videos watched and a 10X increase in wallet registrations since the launch...

Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH.Even though the continuously increasing interest towards stablecoins appears as a concern to some, Changpeng Zhao believes that they are still needed for mass adoption.Stablecoins’ Flip On The Ethereum NetworkYesterday, new research by Messari, found out that ETH is no longer carrying the most substantial transfer value on the Ethereum network as stablecoins have surpassed...