Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – has shot up like no other currency this week. The asset has lost much of the attention thanks to bitcoin once again rising beyond the $37,000 mark in the past few days, but it has still set a new precedent and has traders talking about what’s to become of the world’s primary altcoin.Ethereum Is Growing Like No Other CoinEthereum initially began in 2015, which makes it considerably...
Read More »Ethereum Price Analysis: ETH Eyes Recovery Above $360 & $370
Ethereum price declined sharply below $400 and found support near $310 against the US Dollar.ETH price is likely forming a support base above $310 and it might start a decent recovery.There is a key bearish trend line forming with resistance near $355 on the 4-hours chart (data feed from Coinbase).The pair could recover towards the 55 simple moving average (4-hours) if it clears the $360 resistance.Ethereum price is showing a few positive signs above $340 against the US Dollar. It seems like...
Read More »Ethereum (ETH) Price Fell by around 1.5% but May Rise Soon as ETH 2.0 Upgrade Gets Closer
Though Ethereum price is falling now, many traders think that a massive rally is underway as ETH 2.0 upgrade is getting closer.Ethereum (ETH) price has fallen by 1.27% in the past 24 hours. This comes as the new upgrade to Eth 2.0 is just around the corner. Current price levels at $168.63 have made everyone believe that Ethereum holds promise and may do even better in the markets this year. The first fundamental thing to change for Ethereum this year would be the shift to proof-of-stake...
Read More »Ethereum Price Jumps 14% to Move above $175
Altcoins have experienced an increase together with Bitcoin. Ethereum has managed to gain around 14% within 24 hours. Now ETH price is around $175.We have been used to Bitcoin already traditionally leading the crypto market. However, it seems that the most popular altcoin is slowly but surely taking the lead. Ethereum price is rising by exquisite pace since Monday’s candle open at $142, the second-largest digital asset has rocketed 13.85% higher, reaching $175.13 just minutes ago as of the...
Read More »Bitcoin and Ethereum Are Worst Investments in 2020 after Crude Oil
Bitcoin and Ethereum are two of the most famous cryptocurrencies. During the fall of the markets, they fall especially loudly. Is this the ‘store of value’ power we’ve been hearing about for years? But only oil perform worse these days.Since the beginning of the global coronavirus pandemic, world markets kept falling into the abyss. Many people start thinking about the true value of Bitcoin, Ethereum, crude oil, futures, and stocks. The Block analyst and notable crypto observer Larry Chermak...
Read More »Bitcoin Price Above $6,700 as Cryptocurrencies Rise $23.8 Billion in 24 Hours
Bitcoin price shows signs of recovering as it hit $6,700 level, even as the stock market continues in the sell-off. Major cryptocurrencies like XRP and ETH have followed the rally, as the market cap has risen by $23.8 billion in 24 hours.The crypto community can afford a smile, after days of market price free fall. Led by the mother coin Bitcoin, the cryptocurrencies rose by nearly 20% in 24 hours, rejuvenating the lost hope. At the time of writing, Bitcoin was trading slightly above $6,700,...
Read More »Huge Panic Grips Crypto Market: Ethereum, XRP and Other Altcoins Fall by 20-30%
The crypto market capitalization has fallen below $200 billion due to huge panic sell-off. Ethereum, XRP and other altcoins are losing their value.Today will remain engraved in most crypto enthusiasts and investors’ minds, not for the good reasons, but rather since most altcoins, including Ethereum and XRP, have shed a huge portion of their prices by about 20-30% in the past 24 hours. The huge free fall has been attributed to a panic sell-off, as investors run for safety to avoid risky...
Read More »Bitcoin Price Declined By 10% Dragging the Whole Crypto Market Down
Bitcoin and other cryptos’ prices dropped soon after a plunge in oil prices. Besides, Bitcoin lost its positions as a result of a crypto scam committed by PlusToken.Today, the beginning of the trading session has become the worst this year. After a massive sell-off on Sunday, markets have not managed to recover. As a result, cryptocurrencies have suffered significant drops. Bitcoin price declined by 9.32% in 24 hours, Ethereum lost 10.48%, Litecoin dropped by 14.41%, XRP is 9.95% down. This...
Read More »Ethereum Price Fell to $212 as Its Community Comes Out Against Controversial ProgPoW
The Ethereum community doesn’t want to accept the planned hard fork on ProgPoW. The Ethereum price fell to $212 but has already started to grow again.Ethereum, one of the top-rated crypto assets by market capitalization, fell to $212 during the early trading hours of the European session. However, using the ETH derivative with the U.S. dollar, it has broken the downtrend in the 1-hour time frame. The analysts believe that the drop of Ethereum may be related to the fact that the community...
Read More »Ethereum Price May Skyrocket as Ethereum 2.0 Is Coming
Ethereum is preparing the network for a major upgrade via a planned hard fork. How this can influence the ETH price, considering code changes and the difficulty of staking in 2020? Let’s find out.Key metrics show the possible huge outbreak in price dynamics in the coming days. Now, the market is in the so-called flat zone: Bitcoin only gained 0,1% in lat 24 hours, while Ethereum got +0,6%. Despite the calm beginning, such silence may promise the storm.On Twitter, the crypto analyst...
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