Tag Archives: ETHBTC

Ethereum witnessed a 7% price increase today as the cryptocurrency reaches the $182. Three days ago, Ethereum surged over 15% from the $150 level to reach the April resistance at $175. Against Bitcoin, Ethereum is performing very well after creating a fresh April high at 0.0247 BTC. Key Support & Resistance Levels ETH/USD:Support: $165, $155, $150.Resistance: $187, $194, $200.ETH/BTC:Support: 0.0239 BTC, 0.0229 BTC, 0.0224 BTC.Resistance: 0.0247 BTC, 0.025 BTC, 0.0259 BTC. ETH/USD –...

The total value transferred on the Ethereum network reached full parity with Bitcoin last week. It’s mainly due to the increasing role of stablecoins in the market as they are responsible for 80% of all transactions on the Ethereum blockchain. Ethereum Network Transfer Value Parity With Bitcoin A publication revealed by Ryan Watkins, a researcher in the cryptocurrency intelligence firm Messari, showcased the comparison in transferred value on Ethereum and Bitcoin. Transferred Value On...

FTX derivatives exchange launched early 2019 with more than $400 million worth of daily trading volume, has recently announced plans for a new product: the BVOL tokens, which will be available to non-U.S. users. The new tokens are ERC20-based tokens that attempt to track the volatility of the crypto markets through exposure to the FTX MOVE contracts that represent the absolute value of the amount Bitcoin (BTC) moves over daily, weekly and quarterly periods. The new tokens aim to become the...

Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...

Binance, the world’s leading cryptocurrency exchange, published a new white paper for a solution called Binance Smart Chain. It’s a new blockchain that will run in parallel to Binance Chain and will also support smart contract functionalities. Binance Announces Smart Chain Blockchain In a recently published whitepaper, Binance announced the development of Binance Smart Chain – a new blockchain that will support smart contract functionality. The new network is described as an innovative...

An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March.Fees Paid By Users Greater Than The Cost Paid By The NetworkAnkit Chiplunkar, the head of research at the popular data monitoring resource Token Analyst, has brought up some interesting findings regarding the performance of the Ethereum network.The fees paid to miners, amounting to about 26,100 ETH,...

Ethereum witnessed a sharp 7% price drop over the past seven days as it trades at $156.However, over the past 5-days, Ethereum has been trading sideways between $155 and $160.Against Bitcoin, the bulls are controlling the market after rebounding at 0.0229 BTC to trade above 0.0232 BTC.Key Support & Resistance LevelsETH/USD:Support: $155, $150, $143.Resistance: $160, $165, $170.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTC..ETH/USD –...

Ethereum saw a 3% price decline over the past 24 hours of trading as the cryptocurrency drops into the $150 level.ETH was previously struggling at the 100-days EMA at around $175, which caused it to fall.Against Bitcoin, the bulls are battling to keep the cryptocurrency above 0.0229 BTC support.Key Support & Resistance LevelsETH/USD:Support: $144, $140, $130.Resistance: $165, $170, $180.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.023 BTC, 0.0239 BTC, 0.0247...

BitcoinBitcoin is up by a small 2% this week after suffering a major setback when it dropped by 5.5% in today’s trading session. The cryptocurrency had surged from the $6,800 level last Friday to reach as high as $6,400 at the start of this week.However, in today’s trading, Bitcoin fell by over 5% to drop back into the $6,800 support level. It also found added support at the previous rising trend line.If Bitcoin drops back beneath $6,800, additional support lies at $6,600, $6,400, $6,200, and...

Ethereum increased by a small 1.3% over the past 24 hours of trading as the cryptocurrency reaches $170.It is now facing resistance at the 100-days EMA and has struggled here for the past 3-days.Against Bitcoin, Ethereum continues to perform well as it reaches 0.0234 BTC.Key Support & Resistance LevelsETH/USD:Support: $165, $150, $145.Resistance: $175, $180, $188.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTCETH/USD: Ethereum Struggles At...