Tag Archives: ethusd

Ethereum dropped since hitting the 2-year high at $438 over the weekend to reach $413.The coin spiked beneath $400 yesterday but found reliable support at $396.Against Bitcoin, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement).ETH/USD: Momentum Reaches A Period Of IndecisionKey Support Levels: $408, $400, $380.Key Resistance Levels: $438, $445, $465.The bullish pressure has faded since ETH reached the 2-year high at $438 last week. The coin...

Paris Hilton, a businesswoman, model, singer, and heiress to the Hilton Hotel chain has successfully sold in an auction a picture of her cat as a non-fungible token on an Ethereum-based platform for 40 ETH.While employing the same platform to auction off a picture of his own, Ashton Kutcher burned the paper copy to immortalize the digital form existing now only on the blockchain.Paris Hilton Raises 40 ETH For CharityBased on the Ethereum blockchain, Cryptograph enables famous individuals to...

Ethereum started to move sideways after hitting the August 2018 highs at the end of last week.The coin hasn’t been able to overcome this level since the weekend, despite Bitcoin surging above $12,000 again.Against BTC, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement).ETH/USD: $438 Challenging But a Matter of Time?Key Support Levels: $410, $400, $393.Key Resistance Levels: $438, $445, $465.Last week, Ethereum surged by around 20%, which...

Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...

The daily transaction count on the Ethereum network reached a two-year high with 1.27 million, which is the closest number displayed to the all-time high from January 4th, 2018, at 1.34 million.Simultaneously, the transaction fees have dropped significantly from the ATH marked just a few days ago.Ethereum Transaction Count At Near ATHWith the ongoing DeFi boom and over $6 billion total value locked, the Ethereum network, which is the underlying technology of most DeFi projects, has...

Ethereum is slowly losing momentum after recording a 2-year high at $445 earlier this week. Will $400 get confirmed as support before the bulls will continue?Against Bitcoin, Ethereum managed to reach as high as 0.0371 BTC before rolling over to the current 0.0356 BTC level.ETH/USD – Will $400 Get Tested As Support?Key Support Levels: $410, $400, $380.Key Resistance Levels: $438, $445, $465.Quick recap: after days’ long consolidation beneath the $400 mark, ETH was finally able to break above...

As per the latest statistics, around $8 million was paid as fees to conduct transactions on the Ethereum network. That works out to be approximately 18,300 ETH. What is driving this humongous spike in gas fees? Research shows that it is due to the booming ‘yield farming’ craze.Gas Fees Tops $8 Million Led By Massive Transaction DemandAs per data from Glassnode, transaction fees paid on the Ethereum network topped $8 million recently (read August 13, 2020).This is a new all-time high level for...

With YAM Financial’s token value almost at zero, the team behind the project has proposed a two-phase migration plan that could see an audited version.Two-Step Migration Process for YAMIn a Medium blog post on Friday (August 14, 2020), the YAM Finance team announced plans for a planned migration to a new protocol called YAM 2.0. According to the team, the migration will be implemented if there is enough support from the community.The migration planned follows from a failure of the YAM...

The leading cryptocurrency asset management company – Grayscale Investments – has recorded its most significant fundraising week in its 7-year history.Interestingly, the massive spike followed a nationwide advertising campaign the company ran in the U.S.Grayscale Commercial WorkedAs CryptoPotato reported a week ago, the digital asset manager planned to run a widespread advertising campaign in the United States to promote its Investment Trust and highlight the merits of investing in Bitcoin...

Bitcoin took yet another swing at $12,000 but to no avail so far, while Ethereum continues climbing to $440.Macrodata reaffirms the ongoing bull trend as almost all top 100 digital assets have been in the green in the past three months.Bitcoin Not Yet Conquering $12kAbout three days ago, the primary cryptocurrency was in a bit of a jam as it dipped to $11,100. It began losing its dominance over the market, but the bulls have since regained possession and drove Bitcoin upwards.Their attempt...