Ethereum (ETH)

Within the cryptocurrency industry, there are a number of prominent tokens which dominate the industry and get the most attention, and just like any other market, there is a constant struggle for dominance between various firms. Some of the most popular in this regard are Bitcoin and Ethereum. Within Bitcoin, there are certain offshoots that sprung up as a result of hard forks such as Bitcoin Cash and Bitcoin SV, which is backed by controversial figure Craig Wright and while many of the...

BitcoinThis week the trend is clearly bearish. Bitcoin price lost support at $8,500 and it corrected to the area around $8,000. If support here fails, the price could continue going down to $7,450. The attempts to break up from the downward trend should also be considered. The resistance is at $8,200. Previously, the support line that we marked in October was broken and it was quite sharp. The targets are based on previous breakouts of this trend.EthereumAgainst the USD, ETH lost support at...

In recent months, digital assets and cryptos have attracted heated debates. Some governments and watchdogs are making laws that may allow them to go mainstream while others are still hesitant. In what appears as a major development in the nascent crypto industry in the UK, a landmark legal statement was published.The statement was given by the Chancellor of the High Court, Sir Geoffrey Vos. It confirmed that crypto-assets will be recognized as tradeable property while smart contracts are...

Bitcoin seems to continue this week’s losses. After yesterday’s sell-off, crypto markets continued to fall and Bitcoin price fell below the $8,200 threshold. At the time of writing it was still in the fall by 4.81% to $8,148.80.The correction of the market is more than obvious because, at the time of writing, all 30 biggest coins were declining with major losses. But, not to get too pessimistic, it only means that in last month Bitcoin price is mostly flat. Some analysts think this fall could...

Verhilft Bakkt Bitcoin zur Massenadaption? Vor einer Weile kündigte Bakkt an, Bitcoin-Futures für US-Dollar anzubieten. So wollten sie mit der CME Group konkurrieren. Bakkt ging mit dem Projekt am 23. September online und der Bitcoin-Kurs brach prompt zusammen. Dabei handelte es sich um einen der schlimmsten Tage für Bitcoin in diesem Jahr: Am ersten Tag wurden nur 71 Verträge...

Ethereum price is trading with a bearish bias below the $180 support against the US Dollar.ETH price is now facing a lot of hurdles on the upside near $180 and $182.There is a major declining channel forming with resistance near $182 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of more losses below the $174 and $170 levels in the near term.Ethereum price is declining below key supports near $180 against the US Dollar. ETH price is likely to struggle near $182 if...

Bitcoin developer Udi Wertheimer says that TRON is about overtake Ethereum as the number two cryptocurrency by market cap.Tron: Outdoing Ethereum?In a Twitter message, Wertheimer says that while the currency won’t necessarily outdo Ethereum in price, it will soon become a far more popular blockchain for companies or individuals looking to produce decentralized applications (dApps). He’s also confident this will all happen within a year.In a tweet, he explains:Watching Justin Sun TRON...

At the time of writing, Ethereum was trading close to 1% at its current price of $ 185, a slight increase from its $ 182 low yesterday.The recent volatility of the cryptography markets has led ETH price action of large exchange rate chains like Ethereum to form a close correlation with that of Bitcoin, which means that the aggregated market has plunged into a phase of lateral trading overtime in last days.The situation remains tense and with a clear downward movement of Ethereum prices,...

Japanese multinational conglomerate holding company SoftBank has announced its decision to unite its search engine Yahoo Japan with a popular chatting app Line owned by Naver Corp. Within the agreement, Yahoo Japan and Line will merge and create a joint business to develop new opportunities for protecting themselves against competitors.According to the announcement, SoftBank and Naver will each hold 50% of a new holding company that will operate both Line and Z Holdings (Yahoo Japan’s...

Tim Draper has always been a huge bitcoin advocate, but in a recent interview, he explains why he’s so convinced BTC is headed for the stars and beyond.Draper Says the Lightning Network Will Do Great ThingsIn the past, Draper has stated that bitcoin is likely to hit $250,000 by the time 2022 rolls along. He later altered his prediction a bit to suggest that this figure would instead be reached in the early months of 2023, thereby pushing things back somewhat. However, he stands by his...