Tag Archives: ETHBTC

Ethereum dropped by a total of 9% over the past week as it breaks beneath $400, currently marking $380 – $382 as a critical defensive wall before a further downside price action.Despite this price decline, Ethereum remains mid-term bullish within the August trading range of $438 and $363.Against Bitcoin, Ethereum penetrated beneath the March 2019 support as it trades at 0.0334 BTC.ETH/USD – The Fight to Reclaim $400Key Support Levels: $382, $375, $363, $340.Key Resistance Levels: $400, $408,...

Bitcoin and most large-cap altcoins have recovered from yesterday’s price dives. However, most altcoins are still far from their last week’s all-time highs.Bitcoin Back To $11,600The largest cryptocurrency by market cap dipped to the $11,400 support following another unsuccessful attempt to reclaim $12,000. The nosedive seemed somewhat steep, and speculations rose that BTC may be aiming to close a CME gap at $9,600.BTCUSD. Source: TradingViewAs CryptoPotato reported, Bitcoin futures...

Synthetix started as a stablecoin but soon pivoted to satisfy the needs of DeFi users. Nowadays, it serves as one of the leading DeFi projects offering the trading of currencies, commodities, stocks, and other assets.Trading stocks is still dominated by traditional financial centers, being heavily regulated, and hard to automate. The same applies to commodities such as gold and silver.There are platforms that offer a minimal online experience that allows you to buy and sell your commodities....

The Ethereum community rejoiced after the first block of the Medalla test net was finalized. But the transition to ETH 2.0 isn’t turning out to be all that smooth.Despite the important updates, network participation on the test net remains wobbly. This is happening amid Medalla’s gnawing debacle last week.Medalla Testnet’s First BlockAs per the latest update on Ethereum 2.0, the Medalla test net finalized its first block.Medalla just finalized!#ethereum pic.twitter.com/1Fva2Kjf1v— Bitfly...

Most of the cryptocurrency market is in red today. Bitcoin tanked to $11,400 briefly, but large-cap alts are losing more substantial chunks of value, thus helping BTC to reclaim some ground in terms of market domination.Bitcoin Drops FurtherBTC looked promising yesterday as the asset headed for another face-off with its well-known nemesis at $12,000. It hovered just beneath it for a while, but the bears took control and didn’t allow even to touch that psychological level.In the next few...

BitcoinBitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.The...

The cryptocurrency market has recovered from some of the losses it registered in the past few days. Bitcoin is up by 1%, while some altcoins are marking impressive double and even triple-digit gains with OMG Network leading the pack.Altcoins With Massive MovesThe altcoin market became accustomed to significant fluctuations, and the past 24 hours don’t disappoint. One alt stands above all – OMG Network. OMG has exploded in value in the past few weeks and especially since yesterday, when the...

Ethereum’s network is on the brink of its highest congestion rate, while the transaction fees are still particularly high.Amid all of this, Tether has moved over 1 billion USDT from Tron’s network to Ethereum.Tether Moving 1 Billion USDT to EthereumEarlier today, Tether, the company issuing the most popular stablecoin, USDT, announced that it plans to move 1 billion USDT to Ethereum’s ERC20 protocol.“In a few hours, Tether will coordinate with a 3rd party to perform two chain swaps...

Ethereum dropped since hitting the 2-year high at $438 over the weekend to reach $413.The coin spiked beneath $400 yesterday but found reliable support at $396.Against Bitcoin, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement).ETH/USD: Momentum Reaches A Period Of IndecisionKey Support Levels: $408, $400, $380.Key Resistance Levels: $438, $445, $465.The bullish pressure has faded since ETH reached the 2-year high at $438 last week. The coin...

Paris Hilton, a businesswoman, model, singer, and heiress to the Hilton Hotel chain has successfully sold in an auction a picture of her cat as a non-fungible token on an Ethereum-based platform for 40 ETH.While employing the same platform to auction off a picture of his own, Ashton Kutcher burned the paper copy to immortalize the digital form existing now only on the blockchain.Paris Hilton Raises 40 ETH For CharityBased on the Ethereum blockchain, Cryptograph enables famous individuals to...