Tag Archives: ethusd

BitcoinBitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension).This price increase is not surprising because the Bitcoin block halving event is just a short 10-days away.If the buyers continue to push above the current $8,870 level,...

Ethereum increased by 4% today to reach the $215 level again.The cryptocurrency dropped yesterday to reach $200 but quickly rebounded.Against Bitcoin, Ethereum fell beneath the lower boundary of the previous range as it drops beneath 0.0239 BTC.Key Support & Resistance LevelsETH/USD:Support: $210, $200, $187.Resistance: $225, $230, $245.ETH/BTC:Support: 0.0239 BTC, 0.0236 BTC, 0.023 BTC.Resistance: 0.0247 BTC, 0.025 BTC, 0.026 BTC.ETH/USD: Ethereum Finally Breaks $200.Ethereum was...

Ethereum investors have been accumulating and holding substantial amounts lately. More than 77% of ETH in externally owned accounts (EOAs) has not moved in the past six months, new data revealed.Ethereum Investors Hodl And AccumulateThe price of Ethereum, similarly to most cryptocurrencies, went through violent turbulence lately. Starting 2020 at about $131, reaching a yearly high of $290, and then succumbing to the mid-March sell-offs caused by the COVID-19 pandemic and bottoming at...

Binance exchange had seen an all-time high in daily trading volume of more than $12 billion exchanged over the past 24 hours as of April 29th, 2020. The last time the exchange had seen volume at the current levels was in January 2018.According to Changpeng Zhao (CZ), the CEO of Binance, the last time the daily volume spiked over $11 billion was during January 2018, which was the peak of the famous 2017 crypto bubble.As per the data from CoinMarketCap, Binance saw over $12 billion of daily...

Ethereum saw a small 1% price increase today, but the coin is facing strong resistance at $198.ETH has increased by almost 15% over the past week after rebounding from support at $170.Against Bitcoin, Ethereum has been trapped between a range of 0.026 BTC and 0.025 BTC for the past 10-days.Key Support & Resistance LevelsETH/USD:Support: $188, $180, $175.Resistance: $198, $200, $211.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.024 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.027 BTC.ETH/USD:...

The recent attack on the popular Chinese decentralized finance (DeFi) protocol, dForce, may have come to a happy end for customers. The company explained that over 90% of all assets had been distributed back to users in less than 24 hours.dForce Made Whole Its UsersAs Cryptopotato reported last week, an unknown attacker exploited the Chinese DeFi protocol dForce Network. By hacking its lending solution, Lendf.Me, the perpetrator managed to dramatically reduce the total value locked (TVL) in...

The leading digital asset management company, Grayscale Investments, has purchased nearly 50% of all mined ethers in 2020.The firm outlined the increased interest from institutional investors, hinting that the upcoming Ethereum 2.0 could be the reason behind both.Grayscale On ETH Buying SpreeNew information on the matter indicated that the total number of ETHs mined from the start of 2020 to April 24th was 1,563,245.875.At the same time, the Grayscale Investments Ethereum Trust (ETHE) had...

Ethereum saw a 1.5% price increase today as the coin reaches $197.The cryptocurrency surged by a total of 7.4% this week as it breaks previous resistance at $187 to reach $198.Against Bitcoin, Ethereum is also on the rise as it makes an attempt at the April highs of 0.026 BTC.Key Support & Resistance LevelsETH/USD:Support: $194, $187, $180.Resistance: $198, $200, $211.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.024 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.027 BTC.ETH/USD – Ethereum Edging...

It’s safe to say that the last seven days were packed with action on all fronts. Bitcoin started the week trading at around $7,100 but fell to a low of around $6,800. The bears were for not, however, as yesterday BTC surged to a high of $7,780 in a few consecutive green candles. Naturally, the entire market followed with most of the large-cap cryptocurrencies charting serious weekly increases. Tezos is up more than 25% over the past four days while others like Ethereum, Chainlink, and Stellar...

BitcoinBitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support at $6,800, where it rebounded.On the rebound, Bitcoin took out resistance at $7,000, $7,200, and $7,400 as it spiked as high as $7,780. It since dropped to the current $7,500 level, where it faces...