The past few days have been relatively exciting in the cryptocurrency market. Bitcoin managed to reclaim the $9,000 level but it appears that bulls might be running out of steam. At the same time, despite the fluctuations in its price, large-cap altcoins failed to make any serious advances as most of them remain more or less break even against Bitcoin.Bitcoin Struggles Above $9,000Bitcoin has been playing with the $9,000 area quite a bit in the last few days. Yesterday, the cryptocurrency...
Read More »Ethereum Price Analysis: ETH Bounces From $200 But Shows Weakness Against The Rising Bitcoin
Ethereum increased by 3% today as it rebounds from $200 and reaches $208.The cryptocurrency battles to remain above the rising trend line.Against Bitcoin, Ethereum failed to continue above 0.023 BTC as it drops back into the 200-day EMA.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $215, $220, $225.ETH/BTC:Support: 0.022 BTC, 0.0215 BTC, 0.021 BTC.Resistance: 0.023 BTC, 0.0236 BTC, 0.024 BTC.ETH/USD – Ethereum Forming Ascending Triangle.Ethereum rebounded...
Read More »This Is How I Lost $1,200 Worth of Ethereum (ETH) In 100 Seconds: A Tale of a Costly Mistake
An interesting and certainly education Reddit thread surfaced today, showing the importance of being extra careful when it comes to dealing with sensitive cryptocurrency information online. A user lost $1,200 worth of ETH in a matter of seconds after accidentally leaving his mnemonic phrases on GitHub.For clarity, a mnemonic phrase or backup seed, as it is sometimes called, is a readable 12-word phrase that is used to represent the private keys of a crypto wallet. $1,200 Stolen In 100...
Read More »Ethereum (ETH) Is Undervaluead: These 4 Metrics Explain Why
By examining numerous aspects of the Ethereum network since its launch in 2014, a cryptocurrency research firm concluded that the asset price is significantly undervalued.Ethereum DevelopmentsBlockfyre based the analysis on several core features of the Ethereum network and its performance in the past six years. Firstly, the company examined the development activities, saying that they have been continuously increasing, regardless of how the price has acted.Ethereum Development Activities....
Read More »Ethereum’s Endless Battle At $200 Is Getting To Decision: ETH Price Analysis
Ethereum increased by 2% today as the buyers battle to defend the $200 level.A rising trend line formation further bolsters the support at $200.Against Bitcoin, ETH continues its road to recovery as it breaches the 0.023 BTC level today.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $211, $220, $225.ETH/BTC:Support: 0.023 BTC, 0.0225 BTC, 0.022 BTC.Resistance: 0.0236 BTC, 0.024 BTC, 0.0247 BTC.ETH/USD – Ethereum Bulls Battle To Defend $200.Ethereum dropped...
Read More »There Are Now 3.5X Ethereum (ETH) Non-Zero Addresses Compared To Jan’ 18 ATH Of $1,400
Despite Ethereum’s price nosediving by over 85% from the all-time high levels reached in January 2018, the interest in the second-seeded cryptocurrency by market cap is gradually increasing.New data indicates that the number of non-zero ETH addresses has skyrocketed by over 350% since the time ETH reached its all-time high levels.Ethereum Addresses On The RisePer information provided by GlassNode, the total amount of Ethereum addresses with a balance of more than zero has jumped to 40...
Read More »Ledger and Trezor At Risk As Hacker Claims To Offer Wallet Users’ Personal Details
Users of the two leading cryptocurrency hardware wallets could be at risk after a hacker offered to sell personal details of thousands of the companies’ customers.Hacker Offers HD Wallet Users’ DetailsAs per multiple screenshots posted to Twitter, the hacker offered to sell personal details of customers from a wide range of financial services platforms. This includes Trezor and Ledger, KeepKey, Bank to the Future, and LoanBase.Source: @underthebreach, TwitterThe image below shows the hacker...
Read More »Bitcoin Steady Above $9,000 Anticipating The New Week’s Start: Sunday’s Crypto Market Watch
The past 24 hours have been relatively calm for the leading cryptocurrencies by market capitalization. As of writing these lines, Bitcoin is trading today in a tight range around $9,200.From a technical standpoint, the range between $9,200 – $9,300 is the first significant resistance level for the primary cryptocurrency. If it breaks it successfully, then BTC would have to conquer $9,500, $9,600, and $9,800 as the next resistance levels, on its way to test the psychological mark of $10,000...
Read More »Top 3: Tether (USDT) Is Now The 3rd Largest Crypto By Market-Cap Surpassing Ripple (XRP)
Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization.In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its market cap continuously dropping. Earlier this month, Ripple recorded its lowest 2-year price against Bitcoin.Tether Surpassing Ripple By Market Cap....
Read More »When The Ethereum You Know Becomes a Shard in ETH 2.0 (Opinion)
The rollout of Ethereum 2.0 is set to arrive in installments, with the first milestone expected some time around Q3 of 2020. From that moment on, things promise to get interesting.At one point, we will see two Ethereum blockchains existing at the same time. Initially, the ETH 2.0 token will be practically useless for anything beyond staking, with zero transaction capabilities – exchanges won’t even list it, and it’s unlikely that it will even have a price.On top of that, the current Ethereum...
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