Tag Archives: ETHBTC

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...

Ethereum started to move sideways after hitting the August 2018 highs at the end of last week.The coin hasn’t been able to overcome this level since the weekend, despite Bitcoin surging above $12,000 again.Against BTC, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement).ETH/USD: $438 Challenging But a Matter of Time?Key Support Levels: $410, $400, $393.Key Resistance Levels: $438, $445, $465.Last week, Ethereum surged by around 20%, which...

Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...

The daily transaction count on the Ethereum network reached a two-year high with 1.27 million, which is the closest number displayed to the all-time high from January 4th, 2018, at 1.34 million.Simultaneously, the transaction fees have dropped significantly from the ATH marked just a few days ago.Ethereum Transaction Count At Near ATHWith the ongoing DeFi boom and over $6 billion total value locked, the Ethereum network, which is the underlying technology of most DeFi projects, has...

Ethereum is slowly losing momentum after recording a 2-year high at $445 earlier this week. Will $400 get confirmed as support before the bulls will continue?Against Bitcoin, Ethereum managed to reach as high as 0.0371 BTC before rolling over to the current 0.0356 BTC level.ETH/USD – Will $400 Get Tested As Support?Key Support Levels: $410, $400, $380.Key Resistance Levels: $438, $445, $465.Quick recap: after days’ long consolidation beneath the $400 mark, ETH was finally able to break above...