Ethereum (ETH)

Ethereum may be due for one last leg down. Despite ether’s bearish price action in 2019, it has made significant progress. The cryptocurrency’s growing fundamentals will likely eventually catalyze a new bull market. Just like bitcoin, Ethereum has been correcting ever since it posted a high in June 2019. From last year’s high of $363.30, the number two cryptocurrency has lost over 62% of its value. Those losses are significantly magnified if you consider that Ethereum...

Bitcoin saw a 7.51% price increase over the past week that allowed it to rise above the previous range it was trading within. The cryptocurrency broke above the upper boundary at $7,800 and continued to surge much higher as it reached expected resistance at the 200-days EMA at around $8,160. The cryptocurrency did climb even higher than this as it approached the resistance at $8,458 but it quickly rolled over and started to fall. After reversing at the 200-days EMA, Bitcoin started to fall...

Bitcoin is more fairly distributed than altcoins. Cardano may be dangerously centralized. Whales are still a significant issue for BTC. When contemplating crypto whales, the knee jerk reaction is to automatically think, “lotsa bitcoin;” However, according to statistics from Intotheblock—a crypto intelligence company—BTC ownership may actually be less concentrated than most altcoins. Tracking numerous cryptocurrency addresses holding more than 1% of the supply of...

The US State of Illinois made a massive step towards further blockchain adoption. According to the Blockchain Technology Act, which took effect on January 1st, blockchain-based smart contracts satisfy the law under certain circumstances.Smart Contracts Admissible In CourtOne of the biggest challenges in front of regulators when it comes to crafting legislation for the cryptocurrency field is definitions. The SEC, for instance, has been struggling for quite some time before stating that...

Ethereum saw a small 3.5% price decline over the past 24 hours of trading as the cryptocurrency rolls over and drops beneath $140.Against BTC, ETH failed to breach the resistance at 0.0184 BTC causing it to reverse and drop quite aggressively into the 0.0175 BTC region.Ethereum remains ranked as the 2nd largest cryptocurrency with a market cap of $15.12 billion. It is still up by a total of 10% over the past fortnight.Key Support & Resistance LevelsETH/USDSupport:  $133.50, $128,...

When it comes to the massive adoption of cryptocurrencies and blockchain-based technology, decentralized applications (DApps) are considered as one of the pathways to it. According to a recent report, 2019 has seen a serious number of new DApps coming out. More interestingly, though, TRON has managed to establish itself as the second most-used platform for developers, overtaking EOS. Yet, Ethereum remains the uncontested leader in the category.TRON Overtakes EOS For Active DAppsA recent...

At the hour of composing, Ethereum is drifting underneath about 3% at its ongoing price of $138.51, which denotes an amazing diminishing contrasted with past daily highs of $148, which were set at the highest point of prior day’s rally and latest intraday high of $141.38.It is essential to see that Ethereum is very momentous up from weekly lows of $126, anyway it’s most recent advancement is by all accounts in danger of an inversion as bearish sentiments increases.The Ethereum bulls...

Starting today, the Binance Futures platform is launching another perpetual contract with Litecoin. This time, Litecoin (LTC) is being paired with USDT making it the sixth perpetual contract on the platform.Binance Futures Litecoin ContractAccording to an official announcement from Binance, the LTC/USDT perpetual contract opened trading today at 8:00 AM (UTC). The recent announcement has a few similarities with previous ones. For example, just like the previous offerings, users are allowed to...

EOS price surged above the $2.700 and $2.850 resistance levels against the US Dollar.The price is currently correcting lower from the $2.976 swing high.There is a key contracting triangle forming with support near $2.720 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $2.600 support area.EOS price is correcting gains from the $3.000 hurdle against the US Dollar, just like bitcoin. However, the bulls are likely to...

Litecoin price rallied above the $44.00 and $46.20 resistance levels against the US Dollar.LTC price is currently correcting lower and it traded below the $46.20 level.There was a break below a key bullish trend line with support near $45.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $44.00 support area.Litecoin price is correcting gains from the $48.62 high against the US Dollar, similar to bitcoin. LTC...