Tag Archives: ETHBTC

Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...

Altseason is booming. Data from the popular monitoring resource Coin Market Cap shows that the total capitalization of all alternative cryptocurrencies currently stands just shy of $600 billion. This has reduced Bitcoin’s market dominance to 60%.With this said, we’ve selected five altcoins to keep a close look at in the following week.Yearn Finance (YFI)YFI needs no introduction. It’s the governance token for the Yearn Finance ecosystem, and it’s one that definitely made history....

It’s been mostly green on the cryptocurrency market over the past couple of days and this is especially true for the skyrocketing altcoins. The total market capitalization stands at around $1.45 trillion whereas bitcoin’s dominance has been reduced to 60.3%.Bitcoin Struggling Below $50,000Just yesterday, Bitcoin made another attempt to reach the coveted $50,000 mark but unfortunately, it was unable to do so. The cryptocurrency peaked at a high of exactly $49,000 on Bitstamp.At the time of...

BitcoinBitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher over the past week.On Monday, BTC surged from $38,800 to reach the resistance at $46,427 (1.618 Fib Extension – red). There, it established an ascending price channel. It took a couple of days for BTC to break that level.Today, Bitcoin climbed higher to set the new ATH at...

ETH/USD – Hints Of Bearish Divergence ShowingKey Support Levels: $1685, $1600, $1536.Key Resistance Levels: $1800, $1850, $1900.Ethereum has now established another ascending price channel as it trades near the upper boundary. It had rebounded from $1300 at the start of the month and pushed higher to reach a new ATH at $1839 this week.Over the past four days, Ethereum seems to be struggling to penetrate the resistance at $1800 as it couldn’t close a daily candle above it. For this bullish leg...

Bitcoin’s dominance continues to suffer and has dropped beneath 61% once more as the asset has stalled around $45,000. In contrast, numerous altcoins have spiked, including a new 3-year high of Cardano as ADA has neared $1.Bitcoin Stagnates Around $45KThe primary cryptocurrency registered its largest green candle in history on Monday upon news that Elon Musk’s Tesla had purchased $1.5 billion in BTC. This development drove the cryptocurrency to a new all-time high at above $48,000.However,...

Several well-known individuals, including Gemini’s co-founders the Winklevoss twins, soccer legends Christian Vieri and Paolo Maldini, and Philadelphia 76ers owner Michael Rubin, are set to join the NFT craze. Each will have his own personal digital artwork as a non-fungible token (NFT) on the Ethernity platform.Digital Artwork On Ethernity With Famous IndividualsFounded by the early Bitcoin adopter Nick Rose Ntertsas, Ethernity is an initiative that explores various applications for...

The popular Layer-2 scaling solution for the Ethereum blockchain, Matic Network, has rebranded its project to Polygon. Upon the name change, Polygon also announced plans to enhance its support for the Ethereum network to scale faster and reduce the growing transaction costs.Matic Network Becomes PolygonKnown as Matic Network until today, the project serves as an open-source scaling solution for the Ethereum network, backed by two of the world’s largest cryptocurrency exchanges – Binance and...

The regulated stablecoin fully backed by the US dollar, Stably USD (USDS), will launch on the popular public blockchain – Tezos as a part of an ongoing collaboration between the two parties. The stablecoin issuer aims to target lower fees with the Tezos network, which recently went through an upgrade that decreased the costs by about 75%.USDS Comes To TezosIssued until now on the Ethereum blockchain, Stably USD (formerly known as StableUSD) is a US dollar-pegged stablecoin fully backed 1:1...

With its massive $1.5 billion purchase of bitcoin, the electric vehicle giant Tesla has inadvertently helped the cryptocurrency to surpassed it in terms of market capitalization. With BTC’s price skyrocketing to new highs and its market cap following, bitcoin is now ranked as the 7th largest asset.Bitcoin Surpasses Tesla For The 7th SpotElon Musk’s Tesla shocked the world after it filed Form 10-K with the US SEC, in which the founded in 2003 clean energy giant said it had purchased $1.5...