Tag Archives: ethusd

Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level.Bitcoin Rejoice At A New Yearly HighBitcoin’s first days in July were rather dull as it traded sideways in a tight range. It appears, however, that the primary cryptocurrency doesn’t want to repeat this dullness in August. During the past three days, BTC headed upwards from about...

This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll. In seven short days, Bitcoin went from around $9,600 to $11,400, charting gains upwards of just shy of 20%. Earlier on Monday, the cryptocurrency catalyzed its performance, jumping from $9,800 to $11,200. After that, it...

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance...

Bitcoin has remained calm in the past 24 hours, with minor gains towards $11,100. Unlike the primary currency, the altcoin market has seen impressive gains, including yesterday’s birthday project – Ethereum and Chainlink.Although the US economy suffered its worst quarter since the Second World War in terms of GDP results, Wall Street is breaking records, especially in the technology field.Bitcoin: Back to Stability?The primary cryptocurrency remained relatively stable in the past 24 hours....

On its 5th anniversary, Ethereum (ETH) is presenting its holders with a solid gift. Just moments ago, the cryptocurrency surged by more than 5%, thus marking a fresh high for the past year.ETH Gains 45% in 10 DaysThe second-largest cryptocurrency by means of market capitalization surge over 5% less than an hour ago.The price reached around $340 on some exchanges.ETH/USD. Source: TradingViewAs seen in the chart above, ETH marked a new 12-month high. Interestingly enough, the move came not so...

Ethereum has not only surged to its highest price for over a year, it has tapped milestone highs in other on-chain metrics as well. Today is the network’s 5th anniversary.Hash Rates at 20-Month HighETH 1.0 is still proof of work, which means there are still miners seeking profits by producing more blocks. Mining profitability is mostly a product of difficulty and price, and when prices are high, so is profitability.Hash rate is a measure of the computational power on the network, and the...

Ethereum saw a small 1% price fall today as it drops to $318.This comes after four days of ETH trying to break resistance at $323.Against Bitcoin, Ethereum fell from 0.0317 BTC as it reached the support at 0.0284 BTCETH/USD: Bulls Challenged By $323 ResistanceKey Support Levels: $306, $300, $287.Key Resistance Levels: $323, $333, $342.Ethereum has surged immensely since breaking above the previous phase of consolidation at $250 and pushing above $300 to reach as high as $333. However, ETH...

Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...

After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC.Bitcoin At $11,000The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for some, but BTC reclaimed successfully, firstly $10,000, then the significant $10,500 resistance.Bitcoin also attempted to conquer $11,000 on a...

Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week. Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday. Grayscale Crypto Fund AUM at $4.8B Tweeting on Monday, Grayscale revealed that its crypto fund AUM was currently at $4.8B. Comparing with the figures from five days ago, it...