ETH/USD – Bulls Explode Past $3000 To Set New ATHs At $3200 Key Support Levels: $3075, $3000, $2825.Key Resistance Levels: $3225, $3325, $3400. Ethereum saw an impressive 7.5% price hike today, breaking past $3000 and reaching as high as $3200. The coin is now up by a total of 36% over the week after surging above a symmetrical triangle pattern last week. From the breakout, ether continued to set new ATH prices each day until hitting resistance at $2800 last Thursday. This...
Read More »Another Scam Alert: MetaMask Warns Users of a New Phishing Bot
The popular cryptocurrency wallet MetaMask warned its customers of a new phishing bot that attempts to get their seed phrases. According to the team, the fraud tries to lead users to a so-called ”instant support” portal where they are prompted to enter information into a Google Docs form. The New Scam MetaMask – a project focused on Ethereum-based tools and infrastructure – tweeted today (May, 3rd) revealing a new fraud that attempts to harm users of the platform. The...
Read More »Ethereum (ETH) Tops $3,000 For the First Time In History
The second-largest cryptocurrency by market cap continues with its impressive 2021 performance by registering yet another record. This time, ETH skyrocketed to another rounded-number milestone of $3,000. Ethereum entered the new year at $760 after an impressive surge throughout 2020, in which, its lowest price was approximately $90 at mid-March, following the COVID19 financial crash. The high demand for the ETH token, together with the ongoing crypto bull run, eventually led...
Read More »WisdomTree Launches a Physically-Backed Ethereum ETP in Europe
WisdomTree Investments, a NY-based fund manager, has launched a physically-backed Ethereum ETP on two European stock exchanges through its local subsidiaries. This becomes the organization’s second crypto-related ETP released in the past month, after an exchange-traded product following the performance of Bitcoin. WisdomTree’s ETH ETP Live in Europe Headquartered in New York, WisdomTree Investments is an exchange-traded fund and exchange-traded product sponsor, and an asset...
Read More »Ethereum Came Inches Away From $3000: Bitcoin Price At Important Support (Weekend Watch)
After reaching a new two-week high of over $58,500, bitcoin has retraced slightly and currently trades around $57,000. Most altcoins have also marked minor losses on a 24-hour scale. Ethereum is among the few exceptions as ETH is closing down to $3,000. Bitcoin Stalls Around $57K As CryptoPotato reported yesterday, the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000, bitcoin initiated an impressive leg up that...
Read More »Green May: Bitcoin Soars Above $58K, ETH & BNB New ATHs
Following several days of consolidation around and beneath $55,000, bitcoin finally made a move and jumped above $58,000. Despite new records for Ethereum and Binance Coin, BTC actually managed to reclaim some of its recently lost market dominance. Bitcoin Adds $6K in Two Days While the altcoin market was producing impressive price pumps lately, bitcoin seemed stalled at best. The primary cryptocurrency had recovered from its April slumps that drove it below $50,000 but had...
Read More »The Crypto Weekly Recap: ETH Eyes $3000, Bitcoin Dominance at 33-Month Low
The past week has been overall very favorable for the cryptocurrency market. The total capitalization grew to $2.15 trillion, which is a 17% increase. Most of it came from altcoins, however. At the time of this writing, bitcoin’s price trades at around $56,000 following a quick spike. It’s up 9% on the week and managed to recover some of the losses of the previous seven days. In general, the overall trajectory for BTC has been quite positive. It started the week at slightly...
Read More »Crypto Price Analysis & Overview April 30th: Bitcoin, Ethereum, Ripple, Binance Coin, and Cardano
The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around $54,300. It found support at $47,000 (.5 Fib) on Sunday and rebounded from there to close the daily candle around $49,000. On...
Read More »Bitcoin Stable Around $54,500 While XRP Skyrockets 50% Weekly (Market Watch)
Following another drop to $52,500, bitcoin reacted positively and regained $2,000 of value in the following hours. However, the asset continues to be outperformed by most alternative coins, and its dominance is down to 48%. Ethereum reached yet another ATH yesterday, while BNB spiked well above $600. ETH’s Latest ATH; XRP Surged 15% Most alternative coins have been on a roll lately, with Ethereum leading the pack. After dipping below $2,000 a few weeks back, the...
Read More »Ethereum Will Never Surpass Bitcoin, Says Mr. Wanderful
Despite Ethereum’s increasing price, the Canadian TV personality and well-known investor Kevin O’Leary predicted ”it’s always going to be N.2” to Bitcoin. Mr. Wanderful also opined that the first-ever cryptocurrency will serve as gold, while ETH will be silver. Ethereum’s Rally vs. O’Leary’s Forecast The second-largest cryptocurrency has been blooming recently. Its price reached an ATH today and traded at around $2,800. Relative to bitcoin, ETH has significantly increased its...
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