Tuesday , August 9 2022
Home / Tag Archives: ETHBTC

Tag Archives: ETHBTC

Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

The French fashion brand – Balenciaga – will reportedly embrace cryptocurrencies as a payment method for its products. Initially, the offering will be available at the firm’s US shops on Madison Avenue in New York and Rodeo Drive in Beverly Hills, Los Angeles. Balenciaga Catching the Crypto Wave According to a recent coverage, Balenciaga will allow its American customers to buy clothes, shoes, bags, and other products using bitcoin and ether. Customers will also be able to...

Read More »

Ethereum Price Analysis: Despite the Recent Increase, ETH Is Still At Major Risk

Early this week, the crypto market turned green. During the last two days, altcoins have outperformed BTC, and this includes ETH. The latter was able to reclaim the $2K mark. However, is the storm over? Technical Analysis Technical Analysis By Grizzly The Daily Chart Ethereum is near a critical support level that might hold up the price in the daily timeframe. Moreover, by looking at the RSI 30-day indicator, it is evident that prior bullish legs have occurred when the RSI...

Read More »

New Milestones for Ethereum as Ropsten Public Testnet Merge Date Revealed

Earlier this week, a pull request was submitted by an Ethereum DevOps engineer for the Ropsten testnet Merge configuration code that can be seen in the GitHub repository. For the uninitiated, the Ropsten testnet was created by Ethereum Foundation nearly five years ago and is considered one of the best replicas for the Ethereum blockchain. The Merge The merge, which marks the end of the PoW-style architecture, will essentially combine the two layers in a single PoS-based...

Read More »

ETH Price Analysis: Warning Signs for Ethereum as Bears Push Below $2,000

The cryptocurrency market is still in a state of uncertainty and fear. Ethereum is no exception, and any upward attempt is faced with immediate sell pressure. Will the bulls be able to regain control of the market? Technical Analysis By Grizzly The Daily Chart On the daily time frame, ETH is moving downward inside a falling wedge (in yellow). It is important to note that this wedge bottom is aligned with the horizontal support level of $1700 (in green), which can be a...

Read More »

ETH Managed to Reclaim $2000, But Is the Storm Over? (Ethereum Price Analysis)

Since the sharp drop in the crypto markets three days ago, Ethereum was able to recover about 14% from its lowest level at $1,800. However, the daily candlesticks structure remains weak. Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, $1700 is considered a long-term support level for ETH, which has prevented further price drops in May, June, and July 2021. Although this level has not been broken down yet, the ETH price did not repeat...

Read More »

Brazil’s Leading Financial Broker XP to Launch a Crypto Trading Platform

The Brazilian investment management company – XP Inc. – reportedly joined forces with Nasdaq to launch a cryptocurrency trading platform. Called XTAGE, it should go live by the end of June. Initially, it will enable investors to buy and sell bitcoin and ether. XP Thinks About the Next Five, Ten Years The latest organization to open up to the crypto industry is the largest broker in the country – XP Inc. According to reports, the company partnered with Nasdaq to launch a...

Read More »

Ethereum Whale Transactions Hit 4-Month High

Ethereum whales have registered a sharp uptick in activity in the past few days, making nearly 2,600 transactions worth over $1 million each yesterday alone. This is the highest number of such transaction activities in a day since January. 🐳 #Ethereum‘s whales have been extremely active today, firing off 2,596 transactions valued at $1M or more. This is the highest day of whale transactions since January, and something to monitor if $ETH drops below $2k for the first time...

Read More »

ETH Price Analysis: Ethereum is Facing Critical Support, Is Relief Correction Incoming?

Fear dominates the crypto market, following six weeks in the red. Many large caps have lost their long-term support, and ETH is one of them after reaching its lowest level since February 24, the day of the invasion. Technical Analysis Technical Analysis By Grizzly The Daily Chart The Delta Volume of both Binance futures and FTX perpertuals evaluates the behavior of buyers and seller takers in the market. When green histograms are witnessed, it is interpreted that buyer takers...

Read More »

ETH is Fighting at Key Support Before Possible Further Drop: Ethereum Price Analysis

The cryptocurrency market has calmed down after the massive drop over the last two days. Currently, ETH lies on top of a critical support level, which most analysts refer to as a key level developed over the previous 12 months. Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, after the bears pushed the price down more than 10% over the past two days, the weekend has been relatively stable. However, is this calm before a giant storm? ETH...

Read More »

Liechtenstein’s Largest Private Bank Enables Direct Investments in Bitcoin

The leading private bank in Liechtenstein – LGT Bank – partnered with SEBA Bank to offer direct investments in digital assets for its customers. The cryptocurrencies included in the initiative are the two largest by market capitalization – bitcoin (BTC) and ether (ETH). LGT Enters the Crypto Ecosystem The financial institution noted that the demand for digital assets has risen “sharply” in recent years. To cope with the growing interest, LGT allowed its clients to invest...

Read More »