Tag Archives: ethusd

A bug afflicting a prior version of Geth has just caused the Ethereum mainnet to split. Nodes running the old client are being barred from the main network. This could threaten the possibility of double-spending and lost funds for those using the network. Go Ethereum just tweeted that a bug afflicting the old version of Geth has caused the Ethereum mainnet to fork. He urges all nodes to immediately update to the current version 1.10.8, which was announced just days ago. A...

Bitcoin (BTC) Bitcoin is up a small 1% this week after getting rejected trying to breach above the $50,000 mark on Monday. The current high since May now lies at $50,500. Unfortunately, BTC was unable to sustain this level and ended up closing the daily candle beneath $50K. Following the rejection, BTC headed sharply lower: Yesterday it fell back beneath $47,800, recording its weekly low amid $46.3k, however, the bitcoin price managed to close the day on top of the crucial...

Bitcoin continued to trade around the $47,000 line in the past 24 hours after it dropped to a weekly low beneath $46,400. Most altcoins have stalled since yesterday, except for Solana. SOL has gone on to chart another all-time high above $83 after a double-digit surge. SOL’s Latest ATH The alternative coins, similarly to their leader, lost significant chunks of value in the past few days. Ethereum, for example, went from about $3,360 to beneath $3,100. As of now, it has...

ETH/USD – Will the 20-day MA Hold? Key Support Levels: $3150, $3080, $3000, $2960. Key Resistance Levels: $3190, $3350, $3400. Despite ETH is up by a solid 47% over the past month and 6% weekly (according to CoinGecko), it failed in breaching the critical resistance at $3350. The latter resistance is provided by a bearish .618 Fib Retracement level, and it prevented the market from pushing higher in mid-August. After the previous failed attempt, ETH retraced into the 20-day...

The cryptocurrency space has repeatedly taught us that with time anything can be valuable, even a collection of ordinary, digital rocks with no “real” value or purpose. For the past few months, the entire industry has been raving about non-fungible tokens (NFTs), which are digital collectibles stored on the blockchain and can represent anything from art to music and real-world assets. The craze has seen Investors pay mad money just to acquire NFTs like the infamous Beeple’s...

The US mortgage lender – United Wholesale Mortgage – intends to accept cryptocurrencies as a payment method by the end of 2021. While the company would first adopt Bitcoin, it would explore other digital assets such as Ethereum shortly after. Additionally, the South African property investment firm – Quorum Holdings – and the Canadian jewelry exchange – SafeGold – also vowed to enable clients to use the primary cryptocurrency as a means of payment. The First American Mortgage...

Following a sharp retracement below $49,000, bitcoin has rallied up and reclaimed that particular level. Most altcoins have stalled since yesterday, except for Cardano. ADA has painted another fresh all-time high above $2.6. ADA’s Latest ATH; Alts Calm The alternative coins were all covered in green yesterday with impressive gains across the charts. Ethereum briefly exceeded $3,300 but has retraced slightly since then and currently sits below that level. Binance Coin, which...

Bitcoin initiated another impressive leg up in the past 24 hours resulting in breaking above $49,000 for the first time since mid-May. The alternative coins have joined the ride with notable gains, including an 8% surge from BNB and 10% increases from Polkadot and Solana. Bitcoin Neared $50K It was just two days ago, on August 19th, when the situation in the bitcoin landscape seemed rather negative. The asset had lost several thousand dollars of value in hours and had fallen...

Ethereum Ethereum saw a 5.4% price hike this week as the coin sits around $3200. It surged above $3200 last Friday to meet resistance near $3350, provided by a bearish .618 Fib Retracement level. Unfortunately, it could not overcome this level and ended up rolling over from there. Throughout the week, ETH headed lower as it slipped beneath $3000 until support was found on Wednesday at $2960, provided by a .236 Fib and bolstered by the 20-day MA. It has since bounced higher...

Nigel Green – CEO of the financial advisory firm deVere Group – believes Ethereum would surpass Bitcoin and become the leading digital asset within five years. He argued that the former has more tech advantages than its rival, which would be the key to its rally. ‘Ethereum Is More Useful Than Bitcoin’ According to Nigel Green – the founder of the digital service provider deVere Group – Ethereum would exceed Bitcoin’s value by 2026. The chief executive pointed out that Vitalik...