Tag Archives: ethusd

MyEtherWallet (MEW) integrated the crypto startup MoonPay as its on/off ramp partner for users across all platforms. The initiative should provide customers with additional access to the Ethereum blockchain. MEW and MoonPay Shake Hands According to a document seen by CryptoPotato, the collaboration between the two entities aims to reduce the barriers of entering the Ethereum ecosystem. It enables users to facilitate crypto-to-fiat settlements using credit cards, debit cards,...

The launch of APE coin has undoubtedly been the story of the week. The cryptocurrency hit the public markets on Thursday after being airdropped to holders of NFTs associated with the Bored Ape Yacht Club (BAYC). It appears that large Ethereum holders are betting big on the token as well. Two of the largest Ethereum whales snagged a considerable number of APE a couple of days back. The transactions were flagged by popular whale-tracking resource WhaleStats. The first address...

Positive momentum has been setting foot over the last 48 hours, and ETH is no exception – ending this week with a green candle. But the main question is whether the bear market is over or how confident the participants are about the reversal of the downtrend. Technical Analysis The Daily Chart: Technical Analysis By Grizzly Ethereum is forming a very bullish structure on the daily chart. The second-largest cryptocurrency has made a robust weekly green candle as well. As...

After dipping to $40,000 yesterday, bitcoin went on the offensive and tapped $42,000 to mark a near 10-day high. The altcoins have also turned green today, with Ethereum eyeing $3,000 and Avalanche soaring by over 9%. Bitcoin Sees a 9-Day High The primary cryptocurrency experienced enhanced volatility last week when it suddenly pumped by $3,000 in minutes from $39,000 to nearly $42,000. However, the situation reversed shortly after, and the asset retraced just as quickly to...

Vitalik Buterin on Wednesday whetted his support for Ukraine against the Russian invasion. He said similar wars may be raging on in other parts of the world but that doesn’t mean people should stop caring about the Ukrainians or vice-versa. Buterin in Support of Ukraine In a tweet Wednesday morning, Ethereum’s co-founder said: “Ukrainians are far from the only ones suffering from war. Also people in Yemen, Ethiopia… just as human as Ukrainians and you are. This is NOT a valid...

The ETH market currently resembles the sideways consolidation that is also taking place across all other cryptocurrency markets. Thinking of this phase as a prolonged accumulation period, many traders might suspect this structure as the bottom for Ethereum price, but let’s take a closer look. Macroeconomic factors still affect the market, while spot volume is low, and the Open Interest rate has grown very little. But the big question is whether this is a buying opportunity,...

Kevin O’Leary said he has allocated millions of dollars in crypto. The former critic of Bitcoin now said investing in it is like investing in giant corporations such as Google and Microsoft. 20% of His Portfolio in Crypto Back in 2019, the Canadian businessman and television personality was among the biggest critics of the crypto industry. At the time, he described bitcoin as “worthless,” “useless currency,” and even “garbage because you can’t get in and out of it in large...

The market is still in doubt, and the sideways trend has exhausted retail investors. Are we in the accumulation phase, or is this a temporary halt in a bear market? The Daily Chart: ETH has been trading above its dynamic support for more than a year, and the bears have not succeeded in breaking below. It seems that a significant uptrend and the beginning of a bull market starts with the ROC indicator crossing above the downtrend line in the ROC (30D), which has performed well...

The Nordic-based financial technology firm – Lunar – closed a $77 million financing round. The organization reached a valuation of $2 billion and introduced a cryptocurrency trading platform. Lunar Dives Into The Crypto Industry The Danish company Lunar secured a $77 million Series D-2 funding round, bringing the series’ total to $310 million. The investment was led by prominent financial backers such as Heartland, Kinnevik, Tencent, and IDC Ventures. Apart from the...

ETH had seen a difficult weekend so far, unable to move away from the critical support at $2.5K. The overall crypto market sentiment is slightly bearish after Bitcoin got sharply rejected below $40K. Key Support levels: $2,560, $2,330 Key Resistance levels: $2,800, $3,000 Since ETH got rejected at the $3,000 resistance level, the price quickly dropped towards the key support at $2.5K. The latter was the daily low in the past three days – Friday, Saturday, and Sunday. So far...