We’ve been making quite the stir about bitcoin lately, but the world’s second largest cryptocurrency by market cap – Ethereum (ETH) – has done rather well for itself, too.Ethereum Is Number Two… And GainingWhile ETH is nowhere near the price of bitcoin (and probably never will be), it’s easy to focus all of one’s attention of the globe’s primary digital asset while pushing all others to the side. At the time of writing, Ethereum is up to roughly $143 – a price spike of nearly four percent...
Read More »Binance Futures Launches Fifth Perpetual Contract with EOS/USDT Pair
Major crypto exchange giant Binance has announced that it is launching a new perpetual contract product through its futures trading platform – Binance Futures. The new contract, which pairs EOS with Tether’s USDT is the platform’s fifth one.According to an official announcement on the Binance website, the new contract launched at 8:00 AM (UTC) on Wednesday, January 8. Also, Binance Futures is offering users up to 75x leverage.Binance also put a pricing limit of ±1% on the mark price, to...
Read More »HEX Owner Cashes Out $7 Million Ethereum Pile for Profit Rally
Bulk of the remaining Ethereum used to buy HEX has been emptied from original address. Creator Richard Heart refuses to acknowledge any involvement with the ETH in question. Surprisingly, the ETH now sits in 36 different addresses and has not been sold. Nearly $7 million worth of Ethereum has been emptied out of the HEX purchase address in the past few days. $7 Million Worth of Ethereum on the Move A series of 36 transactions, each containing 1,337 ETH, depleted the bulk of the remaining...
Read More »Ethereum Upward Rally Strained due to Developers Change of Strategy
Ethereum is drifting on the price level at $143.64 in the generally positive market. At the same time, Ether’s on the spot upside is restricted to the price level at $145 notwithstanding the obstruction offered by the falling trendline.Ethereum can even now slant past the price level at $160 for the time being, however, the bulls should initially defeat the opposition by $150 price level.Ethereum has framed a higher structure from December 18. Brief times of consolidation additionally would,...
Read More »Ripple Is Firing on All Cylinders; Spikes Nearly 11 Percent
Bitcoin may be experiencing a bullish reversal at the time of writing, but the currency that’s really putting all its peers to shame is Ripple (XRP).Ripple Is Moving Faster Than Other CoinsRipple is the third-largest cryptocurrency in the world. Recently valued at over $10 billion thanks to a new $200 million funding round, Ripple has set the stage for remittance payments, and claims it can move money faster than both bitcoin and payment platforms like SWIFT.At press time, the currency has...
Read More »Bitcoin Surges To $8,000, Altcoins Follow: Tuesday Crypto Market Watch
Bitcoin is on the move again, heading north. The largest cryptocurrency is recording impressive gains over the last 24 hours, and it even touched $8,000 before retracing to the current level of $7,900.Just yesterday, BTC was trading around $7,300, and, in a few positive candles, surged with almost 10%. However, as Cryptopotato reported, the $8,000 mark served as a significant resistance line, which also contains the 100-days moving average, and BTC couldn’t break it, yet.BTCUSD 4h Bitstamp....
Read More »Ethereum Price Analysis: ETH Gaining Traction, Dips Supported
Ethereum price is gaining bullish momentum above the $140 resistance against the US Dollar.ETH price is likely to continue higher towards the $150, $152 and $155 levels.There was a break above a key contracting triangle with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but dips remain well supported in the near term.Ethereum price is trading in a bullish zone against the US Dollar. ETH/USD is likely to accelerate further if it breaks the...
Read More »Google Removes MetaMask Only to Reinstate It a Week Later
Google has taken a stance against an Ethereum application it thought was mining cryptocurrency.Google Moves Against Crypto – AgainThe application is known as Meta Mask, and Google has removed the wallet from its Play Store – only to quickly reinstitute it. Following a quick reexamination of the situation, Google has decided that the application was not extracting new coins like it thought and has made the application available for download once again.If this sounds familiar, it’s because...
Read More »Ethereum Price Analysis: ETH Soars Above Important Resistance, Is $152 In Sight?
Ethereum saw a strong 5% price surge over the past 24 hours as the cryptocurrency trades at $142.Against BTC, ETH finally broke above the resistance at 0.0184 BTC, clearing the way to head toward 0.020 BTC.Ethereum also managed to break above the sideways trading range at $135 as it heads toward $150.Key Support & Resistance LevelsETH/USDSupport: $133.50, $128, $120.Resistance: $145, $152, $158.ETH/BTC:Support: 0.0185 BTC, 0.018 BTC, 0.0171 BTC.Resistance: 0.019 BTC, 0.0198 BTC, 0.0204...
Read More »Ripple Surges 10% As Binance Futures Adds XRP/USDT Perpetual Contracts
Binance was on a roll in 2019, and it doesn’t appear to stop this year with new features on its platforms. The company recently announced that it will add XRP/USDT as a new perpetual contract trading pair, and the leverage will be up to 75x. At the same time, the price of the third-largest cryptocurrency surges with over 9% in the last 24 hours.Binance Futures Adds XRP/USDTThe Maltese-based popular exchange Binance, announced earlier today the addition of the newest trading pair on its...
Read More »