Tag Archives: ETHBTC

Following more adverse developments in which BTC dipped to $44,000 as of yesterday, the asset has reclaimed some ground by overtaking the $47,000 mark. Most altcoins have also taken a breather after the latest beating, with Cardano and Polkadot exploding with double-digit percentages.Bitcoin Recovers $3K After Hitting 2.5-Week LowThe working week didn’t go well for the BTC bulls as the asset plummeted by more than $13,000 in the first few days. After dropping to $45,000, the cryptocurrency...

This week saw a serious correction throughout the entire cryptocurrency market. Bitcoin lost, at one point, about $13,000 of its value as it went through one of the most serious declines since the start of the current bull run. With this said, we take a look at the following cryptocurrencies.BitcoinBitcoin has seen a turbulent week in which the price dropped to the current $48,000 level. The cryptocurrency was trending higher last week to set a new ATH price above $58,000.However, on Sunday,...

After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240.Bitcoin Drops Below $50,000 AgainThe past several days didn’t go well for the bitcoin bulls as the cryptocurrency plummeted by more than $13,000 in about a day or so at the start of the week. They attempted a rapid recovery, which drove the...

Users of the popular browser Opera will have the option to purchase cryptocurrencies directly from it following a partnership with the crypto-fiat processor Simplex. The integration will also enable users to set up personal cryptocurrency wallets to store the newly-purchased digital assets.Opera Users To Buy Crypto From The BrowserFounded in 2014, Simplex describes itself as a company that has “been changing the status quo of crypto on/off ramps.” In a press release shared with CryptoPotato,...

ETH/USD – Market Falls Of Out Rising Pirce ChannelKey Support Levels: $1465, $1425, $1358.Key Resistance Levels: $1600, $1681, $1700.Yesterday, Ethereum dropped to $1550 but quickly recovered by the end of the day to close the daily candle just beneath $1800. Today, the market tumbled again and declined by another 10% to reach the current $1550 level.Ethereum had slipped further earlier in the day, reaching a low of $1358 before recovering to its current rate. The support here was provided by...

While ETH’s price has fallen by double-digit percentages in the past few days, the Ethereum network has experienced yet another set of scaling issues of its own. The average transaction costs on the blockchain have surged to a fresh all-time high, while users complain about significant delays as well.Ethereum Fees to New RecordsCryptoPotato reported in early February that the average gas fees paid on the Ethereum network had spiked to a new record of above $22. In the following weeks, they...

Today’s correction has been the biggest one we’ve seen in quite some time, reminding many that ‘up only’ isn’t always true. While most cryptocurrencies saw serious declines, but Ethereum’s price on Kraken’s exchange definitely went through a roller coaster.Ethereum Flash-Crashes to $700 on KrakenKraken is one of the leading US-based cryptocurrency exchanges, and it even received a banking charter from the Wyoming Banking Board.This, however, played a little role today as its platform saw...

Janet Yellen, the recently-appointed Secretary of the US Treasury, doubled-down on her belief that BTC is frequently used in illicit transactions, while it fails as an efficient form of payment.Interestingly, her comments came as the price of the asset slumped by more than $11,000 in a day to below $48,000.Yellen On Crypto And BTC’s InefficiencyWhile speaking at the DealBook DC Policy Project, an event moderated by the New York Times, Yellen commented on the steep road the US has to face in...

ETH/USD – Market Rolls OverKey Support Levels: $1760, $1681, $1600.Key Resistance Levels: $1875, $1960, $2000.Ethereum suffered a steep 10% price drop today as it plummets into the $1760 level. The cryptocurrency has been trading within an ascending price channel for the entire period of 2021.ETH had pushed higher over the weekend as it managed to break resistance at $2000 and reach the upper boundary of the price channel. Unfrotenutaly, the bulls could not close a daily candle above...

This week was very interesting in the cryptocurrency market. Many things happened. Bitcoin reached a new all-time high, but so did a lot of other cryptocurrencies.All of the top picks we wrote about last week performed very well amid the booming bull market, and today we take a look at the top 5 altcoins that are worth paying attention to in the next seven days. Let’s have a look.Ethereum (ETH)Ethereum saw a very nice increase in the past seven days. In fact, it managed to break the coveted...