There are more hotels around the world willing to accept crypto for room stays and additional payments. It looks like the worlds of digital currency and hospitality are coming together once and for all as more resorts have opened their hearts to the assets. Hotels and Crypto… A Perfect Match! The moves are pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins...
Read More »Ethereum Price Analysis: ETH Bulls Aim $1,800 or Higher
Ethereum price started a major increase above the $1,600 level against the US Dollar. ETH price is now trading above $1,600 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,570 on the 4-hours chart (data feed from Coinbase). The pair could gain bullish momentum if it clears the $1,700 resistance zone. Ethereum price is rising above the $1,600 level against the US Dollar. ETH/USD could rise further if it...
Read More »New Bill Could Give the CFTC More Crypto Power
A new crypto bill introduced by John Boozman – a republican from Arkansas – and Debbi Stabenow, a democrat from Michigan, would (if passed) give the Commodity Futures Trading Commission (CFTC) full control over bitcoin and Ethereum, the world’s two largest and most popular digital currencies. The CFTC Would Have Most of the Power In the bill, both ETH and BTC are clearly described as commodities. In addition, they account for roughly two thirds of all activity in the...
Read More »Analysts: Ethereum Will Eventually Outgrow BTC
Is Ethereum about to overtake bitcoin? Ethereum Is Getting Much Bigger This was the question on several analysts’ minds as the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin announced a few weeks ago that it was getting closer to its long-sought merge. The process will involve Ethereum transforming into Ethereum 2.0. The network is switching from a proof of work (PoW) module to proof of stake (PoS). This will allegedly make...
Read More »Ethereum Price Analysis: ETH Recovery Faces Hurdles
Ethereum price started a fresh decline from the $1,700 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,570 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,420 zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...
Read More »Ethereum Price Analysis: ETH Struggles Near Key Support
Ethereum price started a fresh decline from the $2,000 zone against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,520 zone. Ethereum price is struggling below $1,700 against the US Dollar. ETH/USD remains at a risk of...
Read More »Ethereum Price Analysis: ETH Reaches Key Uptrend Support
Ethereum price started a downside correction from the $2,000 zone against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,820 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,780 zone. Ethereum price is correcting lower below $1,900 against the US Dollar. ETH/USD could rise again...
Read More »App Swarm Plans to Mine a Lot of Ethereum
App Swarm, Corp. – a company that focuses on mobile development, crypto assets, non-fungible tokens (NFTs), and cybersecurity solutions – is boosting the amount of crypto equipment it’s employing to focus more on mining Ethereum, the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin. App Swarm Says It’s Mining a Lot of ETH It’s a unique situation given that so many hobby miners and small mining companies appear to be suffering...
Read More »Ethereum Price Analysis: ETH Starts Strong Increase Above $1,800
Ethereum price started a major increase above the $1,800 level against the US Dollar. ETH price is now trading above $1,850 and the 55 simple moving average (4-hours). There was a break above a connecting bearish trend line with resistance near $1,760 on the 4-hours chart (data feed from Coinbase). The pair could gain bullish momentum if it clears the $1,920 resistance zone. Ethereum price is rising above the $1,800 level against the US Dollar. ETH/USD could rise further...
Read More »Analysts Discuss the Recent Bitcoin “Steadiness”
The world of crypto has experienced something of a steady period. While many of the world’s leading digital assets are nowhere near the highs they achieved in the final months of 2021, it’s good to see that bitcoin, for example – after hitting $19,000 and $20,000 – is flirting with the $22K mark, and other leading assets like Ethereum are beginning to follow suit and hovering at the $1,100 level. What Is Going on with Bitcoin? Stephane Ouellette – CFA and founder of FRNT...
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