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Tag Archives: Ethereum

Ethereum Price Analysis: ETH Gains Pace Above $3,200

Ethereum price started a fresh increase above $3,000 against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $3,100 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,100 support zone. Ethereum price is showing positive signs above $3,120 against the US Dollar. ETH/USD could accelerate higher...

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Deutsche Bank Is First Enterprise to Compare Ethereum to “Digital Silver”

According to Deutsche Bank, Ethereum – the world’s second largest digital currency by market cap – is taking on the form of “digital silver.” Ethereum Is Growing in Popularity We have been hearing for years that bitcoin – the world’s primary virtual currency – is “digital gold.” Often, gold and bitcoin are compared as one and the same, and yet as of late, the currency has been falling thanks to growing scrutiny in China. The eastern nation has ruled that all crypto...

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JPMorgan: Ethereum Is Suddenly More Popular Than BTC

According to JPMorgan, many investors are trading their bitcoin in for Ethereum. JPMorgan: Ethereum’s Stature Is Growing The world’s number one digital currency by market cap has suffered as of late thanks to additional actions taken by China, which seems to be hellbent on removing bitcoin from every corner. After recently announcing that all transactions and activities relating to digital currency were outlawed, the currency fell by about $2,000, dipping from $44,000...

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Ethereum Price Analysis: ETH Faces Major Hurdle Near $3,160

Ethereum price started an upside correction above $3,000 against the US Dollar. ETH price is now trading below $3,100 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh decline if there is no break above $3,160 in the near term. Ethereum price is showing bearish signs below $3,160 against the US Dollar. ETH/USD could resume its...

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AMC to Accept Additional Forms of Crypto for Movie Tickets, but Will This Help the Chain?

Not too long ago, AMC announced that it was going to allow crypto fans to purchase concession items and tickets with bitcoin. Now, it looks like the company is adding several additional digital currencies to its list of accepted payment methods hoping this will potentially attract more movie goers. AMC Says “Yes” To ETH, BCH, LTC No doubt theatre chains have taken serious hits over the past year and a half following the coronavirus pandemic. Theatres require people to...

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Ethereum Price Analysis: ETH Turns Red Below $3,200

Ethereum price started a major decline below the $3,500 support against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,200 on the 4-hours chart (data feed from Coinbase). The pair could correct higher, but the bears are likely to remain active near $3,200. Ethereum price is showing bearish signs below $3,200 against the US Dollar. ETH/USD could resume its...

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Kevin O’Leary Discusses ETH and Crypto Regulation

Kevin O’Leary, aka Mr. Wonderful on “Shark Tank,” has always been around to discuss his thoughts and ideas on cryptocurrency. Kevin O’Leary Always Has Something to Say Not too long ago, the famed investor commented that he would no longer be purchasing any more bitcoin mined in China given that the country was not known for employing green methods when it came to mining crypto. This was all before China embarked on an anti-mining crusade that would ultimately see all...

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Ethereum Price Analysis: ETH Could Struggle Near $3,400

Ethereum price started a major decline from the $4,000 resistance against the US Dollar. ETH price is now trading below $3,500 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could extend its decline unless there is a clear break above the $3,400 resistance. Ethereum price is showing bearish signs below $3,500 against the US Dollar. ETH/USD could...

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Oscar Winner Reese Witherspoon Invests in Ethereum

Oscar-winning actress Reese Witherspoon – known for her roles in projects like “Walk the Line” and “Little Fires Everywhere” – has entered the crypto space and has purchased Ethereum for the first time. Reese Witherspoon Is an Ethereum Investor Ethereum is the world’s second largest cryptocurrency in the world and the primary competitor to bitcoin. The currency has gone through some strange up and downs over the past year – just like every other form of digital currency...

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Cardano Is Spiking Like No Other Asset

The world of cryptocurrency is buzzing as of late. Assets like bitcoin are really rising through the ranks once again, with the world’s number one digital currency hitting $50,000 for the second time over the past few weeks, but there appears to be one asset at the time of writing that’s outdoing all the others. That asset is Cardano, aka the ADA token, which became the world’s third largest digital currency last month and is now trading for a whopping price of about...

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