Tag Archives: ETHBTC

Bitcoin’s had a tumultuous week of trading, there’s no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes. Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent wick. This also led a lot of alternative coins to follow the same pattern, leaving many traders in dismay. It didn’t take that long for BTC to recover as it...

BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...

The large cryptocurrency asset manager Grayscale Investments has filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for its Grayscale Ethereum Trust. Should the application be successful, the ETH Trust will be the second company product designated as a digital asset investment vehicle reporting to the SEC after the Grayscale Bitcoin Trust. Grayscale ETH Trust Files For Form 10 With The SEC Also known as the General Form for...

Bitcoin has recovered some of its dominance over the market in the past 24 hours after breaking above $11,600. At the same time, large-cap altcoins have calmed and even taken a hit, but fluctuations are evident among lower-cap alts.Bitcoin Moves AheadAs CryptoPotato reported a few days ago, Bitcoin’s price chart was forming a bullish reversal pattern suggesting a possible increase. At the time, BTC was trading at about $11,200 – $11,300, where it stood for a bit longer. In the past 24 hours,...

Ethereum saw a 23.4% price surge over the past week as it closes in on the $400 level.This has allowed ETH to create a fresh 2-year high, not seen since August 2018.Against Bitcoin, Ethereum is of testing the 0.035 BTC resistance.ETH/USD – Bullish Close Above $400 ImminentKey Support Levels: $370, $350, $321.Key Resistance Levels: $400, $408, $425.Ethereum has performed remarkably well since breaking $250 and exiting the previous consolidation in July. After breaking above, the coin went on...

A few hours ago, the Opyn DeFi platform discovered a vulnerability in one of its ETH Put contracts, which enabled an attacker to make off with $371,000 worth of crypto assets.The Ethereum based decentralized insurance platform allows users to protect themselves from risks they may face in decentralized finance markets. It operates with an options protocol that allows DeFi users to create put and call options.In simple terms, a put option is a contract that gives an investor the right, but not...

The second-largest cryptocurrency by market cap has been enjoying a massive bull run as of late. Following the massive increase in its value over the past few months, over 90% of ETH holders are now in a state of profit, recent data revealed.ETH’s Ongoing Bull RunEthereum’s price was stuck in a range between $200 and $250 for several months. Although its blockchain network is the underlying technology behind the recent DeFi boom, the asset’s price performance was lagging. In fact, multiple...

Green dominates most of the cryptocurrency market with some impressive gains from Ripple, Tezos, and Chainlink as LINK even marked a fresh all-time high. Bitcoin’s unsuccessful attempt to conquer $11,500 has pushed the asset down to $11,300Altcoins Rejoice, LINK ATHSpeculations for а revived altcoin season emerged today as the majority of alts have increased their value in the past 24 hours. The second-largest cryptocurrency market continued its impressive 2020 summer with another 2%...

Ethereum’s next target is $500, according to BitMEX co-founder and CEO Arthur Hayes. He expressed his amazement about ETH’s surge to $400, calling for the continuation of the rally.Ethereum Breaks Above $400 For First Time Since August 2018On Sunday, Ether hit the highest level in two years, breaking above $400 for the first time since August 2018. Ethereum has benefited from the general bullishness of the cryptocurrency market, but it’s not only that.The second-largest cryptocurrency is at...

Ethereum prices hit a two-year peak of $410 on Sunday. Ethereum has been sitting in a range bound channel around $230 for three months, but in late July, it finally broke out to surge 70% in less than two weeks.Sunday’s intraday high put ETH prices back at their highest since August 2018, a couple of months before a massive capitulation sent them back to double digits.ETH/USD. Source: TradingViewThe momentum has lifted the total crypto market capitalization to its highest level for over a...