Tag Archives: ethusd

Ethereum’s hash rate has increased by nearly 30% since the start of 2020 to the current levels of 187,369 GH/s suggesting that miners are becoming more involved before the impending launch of Ethereum 2.0.ETH Hash Rate Rises In 2020According to data from Etherscan, ETH’s hash rate started the year at approximately 147,405 GH/s. Almost immediately it increased by 10%, and since then it has continued with the same positive trend. At the time of this writing, the hash rate is at 187,369 GH/s,...

Ethereum surged by 15% over the past week of trading as it reaches $243.The coin broke above an ascending triangle pattern to end the consolidation during the week.Against Bitcoin, Ethereum has broken the upper boundary of a wide symmetrical triangle.Key Support & Resistance LevelsETH/USD:Support: $240, $225, $220.Resistance: $245, $250, $265.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.0255 BTC, 0.0259 BTC, 0.0263 BTC.ETH/USD: Ethereum In A Battle With $250After...

Vitalik Buterin applauded the successful launch of various Layer 2 solutions on Ethereum, saying that “the initial deployment of Ethereum’s layer two scaling strategy has *basically* succeeded.” In a recent thread, he sheds light on some of the most recent developments and challenges ahead.While everyone wasn’t looking, the initial deployment of ethereum’s layer 2 scaling strategy has *basically* succeeded. What’s left is refinement and deployment. A thread: https://t.co/30Dfr9XmFs—...

Ethereum surged by a total of 6% over the past 24 hours of trading as the coin breaks $250.Before this, ETH was struggling with the resistance at $244 – which has now become strong support.Against Bitcoin, Ethereum remains within a wide symmetrical triangle as it attempts to break the upper boundary again.Key Support & Resistance LevelsETH/USD:Support: $250, $245, $255.Resistance:$265, £274, $280.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0235 BTC.Resistance: 0.025 BTC, 0.0255 BTC, 0.0259...

Bitcoin surged above $10,000 for the first time since February, and it took the entire market with it. Altcoins are all flashing in green, as the total capitalization increased by more than $13 billion overnight.Now, a popular cryptocurrency trader pointed out that the chart of the total market cap went through the same pattern it did back in 2017, months before altcoins shot off through the roof.Altcoin Season 2020 Incoming?Bitcoin is up 6% in the past 24 hours as it trades at around $10,100...

Ethereum completes a daily 10% price increase, and a 7-day 15% gains, recording a current high of $245.ETH hit resistance at a bearish .786 Fib Retracement before dropping by 2.5% today down to the $235 price region.Against Bitcoin, Ethereum exploded to 0.025 BTC, which is a new 30-day high.Key Support & Resistance LevelsETH/USD:Support: $230, $225, $220.Resistance:$245, $250, $260.ETH/BTC:Support: 0.0245 BTC, 0.024 BTC, 0.0236 BTC.Resistance: 0.0255 BTC, 0.0259 BTC, 0.0263 BTC.ETH/USD –...

The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.”ETH’s Role On Ethereum Blockchain DecreasesPer the research provided by Messari’s Ryan Watkins, ERC-20 tokens are rapidly approaching 50% of the total value stored on the Ethereum network.ERC20 Tokens On Ethereum Blockchain....

Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it got rejected at that level, and it’s currently trading slightly below it around $9,400. If Bitcoin can climb back above this important resistance level, it may take another shot at the coveted...

BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...

If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I was eager to interview him for CryptoPotato.In the following interview, Chris Dunn shares his attitude...