Enjin Coin surged 60% today after a successful partnership announcement with Microsoft.ENJ broke above the 1000 SAT level and looks to continue.Enjin is now ranked as the 72nd top cryptocurrency with a market cap of $50 million.Enjin Partners Up With MicrosoftMicrosoft and Enjin have teamed up to create Azure Heroes – a project that rewards contributors to the community for posting content, creating demos, building sample code, and blogging about Azure.Creators are nominated and receive a...
Read More »Ethereum Price Analysis: Can ETH Finally Break Above $150?
Ethereum saw a small increase of 1% as it attempted to regain ground back above $150.ETH is poised to break beneath the 2-month long symmetrical triangle.The bulls must break above $158 to start a short term bull run.Key Support & Resistance LevelsETH/USDSupport: $145, $140, $133.50Resistance: $158.60, $165, $175, $185.ETH/BTC:Support: 0.01966 BTC, 0.019 BTC, 0.01850 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC, 0.0223 BTCETH/USD: The Downtrend Seems To Continue Since our last...
Read More »Market Sentiments Weighed on Ethereum: Microsoft News and China’s Crypto Inclination
Microsoft and the blockchain gaming company Enjin have launched a new tokenized rewards program that depends on Ethereum, Azure Heroes and is running the plan in few nations in Western Europe. The Seattle-based technology colossus has printed about 12,000 non-expendable “badger” tokens using the ERC-1155 Ethereum token standard, initially proposed by Enjin‘s co-founder Witek Radomski.Although Microsoft is related to some blockchain companies given the most recent statement, the company,...
Read More »Morgan Stanley Developers Launch Crypto Derivatives Exchange Phemex
As the crypto markets continue to move on a roller coaster, it seems like adoption is growing steadily. A group of eight former Morgan Stanley core developers announced the launch of Phemex. Phemex is a ‘high-speed’ cryptocurrency derivatives platform that is well-designed for the retail and institutional investors. The new firm is based in Singapore.In a December 4 press release, the former Morgan Stanley developers came with big claims that the platform is ten times faster than the...
Read More »EOS jetzt auf eToro Exchange verfügbar
Die Investment Plattform eToro hat schon vor einiger Zeit sein Angebot um eine Blockchain-Funktion erweitert. Unter dem Namen eToroX ist eine Börse entstanden, die nun auch EOS in sein Angebot aufgenommen hat. Seit gestern können einige der wichtigsten Währungspaare gehandelt werden.Crypto News: EOS jetzt auf eToro Exchange verfügbarSowohl gegen Fiat-Währungen als auch gegen Altcoins kann der EOS-Token getradet werden. Und damit bietet eToroX nun schon fünf der führenden Cryptocoins des...
Read More »EOS Price Analysis: Bulls Facing Uphill Task
EOS price is struggling to continue above the $2.750 and $2.820 resistances against the US Dollar.There is a decent support forming near the $2.500 and $2.535 support levels.There are two major bearish trend lines in place with resistance near $2.750 and $2.820 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could only start a strong upward move once it settles above the $2.850 level.EOS price is facing a lot of hurdles for a bullish wave against the US Dollar and...
Read More »Litecoin (LTC) Price Analysis: Risk of Additional Losses
Litecoin price is declining and trading well below the $50.00 level against the US Dollar.LTC price is struggling to recover above the $46.50 and $47.20 resistance levels.There is a major declining channel forming with resistance near $46.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline below the $44.00 and $42.00 levels in the near term.Litecoin price is trading in a major downtrend against the US Dollar and bitcoin. LTC price...
Read More »Microsoft Partners with Enjin to Launch Azure Heroes
It seems that the biggest tech behemoth Microsoft in the world decided to enter the crypto space with the leading blockchain gaming project. It plans to use the ENJ token in order to back-up blockchain assets.The biggest technological company on Wednesday introduced Azure Heroes. It works as a rewards system using digital collectibles. In order for this to happen, Microsoft decided to partner with the blockchain gaming project Enjin to create a blockchain-based recognition program.As per the...
Read More »Crypto Price Analysis December 4: BTC, ETH, EOS, LTC, BCH
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.BTC and ETH are forming reversal patterns both on the RSI and the price charts. Of course, buying on the falling market is not always a good idea. To be sure, a buyer must see a breakout of the closest resistance lines. The other altcoins follow the leading assets but show no reversal patterns...
Read More »Ethereum Developers Propose Hard Fork to Delay the Network’s ‘Ice Age’
The team of Ethereum developers has announced a proposal for a new hard fork which is expected to solve problems currently associated with the Ice Age. In a recently published Ethereum Improvement Proposal (EIP) – EIP 2387 – authored by developer James Hancock, the new hard fork if deployed, would significantly “postpone” the coming of the Ice Age. Muir Glacier is named after a glacier in Glacier Bay National Park and Preserve, located in Alaska.Hancock explains that the Ethereum network is...
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