Tag Archives: ethusd

The bull run in the crypto market continues with full force as ETH has surged above $2,000 for the first time in its history. The asset is up by nearly 200% since the start of the year when it dabbled with the $700 price mark.Ethereum has been among the best performing crypto assets since the mid-March liquidity crisis in 2020, when it dripped below $100. The cryptocurrency has seen nothing but gains since then, which resulted in numerous broken records in the following eleven months.ETH...

This is one of the most monumental weeks in Bitcoin’s history. Today, February 19th, 2021, for the first time ever, the cryptocurrency’s market capitalization surpassed $1 trillion. That’s right! Bitcoin became a trillion-dollar asset!This became possible after a dynamic week of trading where BTC’s price surpassed $50K for the first time in history. Just today, it also charted a new all-time high of $54,924 on Bitstamp – inches away from $55K. Nevertheless, this marks a staggering growth in...

It’s safe to say that the past 7 days were particularly intense on the cryptocurrency market. The cryptocurrency that expanded the most out of the large-caps is Binance Coin (BNB) as it surged by a whopping 150% in a week.BitcoinBitcoin is up by a strong 14.8% this week as the cryptocurrency continues to set new ATH prices today. Last week, it was battling with the resistance at $48,570, provided by a 1.414 Fib extension level.This level was only penetrated on Tuesday, which allowed Bitcoin...

Ethereum has been among the best price performers in the past several months by gaining more than 400% since October to fresh all-time highs above $1,900. According to recent data, though, this bull run is significantly different than the parabolic increase in 2017/2018 when ETH peaked at $1,450.This Time Is Different: ETH EditionLess than a year ago, during the mid-March liquidity crisis, it seemed that the bears had taken a permanent seat in the crypto field. Ethereum was not exempt from...

Residents located in the canton of Zug, one of the 26 cantons in the European country, will be able to use Bitcoin and Ethereum to pay their cantonal taxes as of this week. This comes just months after the canton partnered with Bitcoin Suisse to enable the innovative initiative. CryptoPotato reported the partnership between the two parties in September 2020. At the time, Bitcoin Suisse, the crypto broker headquartered in the same canton, agreed to convert the BTC and ETH holdings to Swiss...

Bitcoin has done it again and painted yet another all-time high, this time above the $51,000 price tag. Most altcoins have fallen against their leader, and BTC has managed to increase its market dominance to above 62%.Bitcoin’s Latest ATH At Above $51KThe past several days have been quite turbulent for the primary cryptocurrency but ultimately positive. Just on Monday, bitcoin was nearing the coveted $50,000, but a sharp retracement drove it down to a low of $46,000.However, the bulls took...

Ethereum followed Bitcoin’s price through a correction earlier today. However, in doing so, it has also reached oversold levels on the Relative Strength Index (RSI) which are typically followed by a serious uptrend.Ethereum’s Price Goes Through a CorrectionAs CryptoPotato reported earlier today, Bitcoin’s price went through a mild correction which saw it dipping below $46,000 after a rejection at the coveted $50,000 level.Many altcoins followed and ETH was among them. The correction in ETH’s...

This Monday, in the EU morning trading session, the cryptocurrency market is going through a pullback. Bitcoin got rejected at $50K as it was unable to break this level, resulting in a drop that saw around $70 billion wiped off the total cryptocurrency market capitalization at the time of this writing.Bitcoin Price Fails at $50K.Hopes were high yesterday that the price for Bitcoin would finally break the coveted $50,000 mark. The cryptocurrency came very close to breaching it. It charted a...

ETH/USD – Bulls Struggle At $1850 Resistance With Bearish Divergence Still PresentKey Support Levels: $1765, $1700, $1685.Key Resistance Levels:$1850, $1900, $1960.So far this weekend, Ethereum has dropped almost 3% after reaching the resistance at $1850 (1.618 Fib Extension). The coin was struggling to break $1800 throughout the past week but penetrated above it on Friday to reach $1850.It had also failed at the resistance at the upper boundary of an ascending price channel and has dropped...

A bitcoin investment worth $1,200 following the first stimulus checks sent by the US government in April 2020 would have skyrocketed by more than 600% until today to over $8,500.Although this is a spectacular growth for less than a year, the same investment put in Ether would have presented an even better ROI of over 1,000%.Option 1) Stimulus Put In BTCThe US government initiated a drastic measure last year to sent stimulus packages to its citizens following the COVID-19 pandemic, which...