Tag Archives: ethusd

Grayscale Investments continues expanding its Ethereum Trust to accredited investors, adding over $38 million worth of the surging digital currency to its portfolio.Grayscale Investment Adds Ether Worth $38 Million Grayscale Investment has set the ball rolling to its Ethereum Trust (ETHE) after about a month of ceasing its inflows. Shortly after making the headlines for adding over $1 billion in a week to its Bitcoin position, Grayscale seems to have their eyes fixed on the next target.Recent...

ETH/USD – Bulls Turn Parabolic Above Ascending Price ChannelKey Support Levels: $1500, $1425, $1392.Key Resistance Levels: $1576, $1600, $1646.Ethereum finally penetrated resistance at $1390 yesterday, the roof of a symmetrical triangle pattern. The coin had been knocking on the resistance on numerous occasions over the past week and finally managed to close a daily candle above it as it reached above $1500 yesterday.Today, Ethereum continued with the bullish momentum as it set a new ATH...

Barely a week after its launch, the new non-fungible token (NFT) project, Hashmask, takes the NFT market by storm. Earlier today, a rare Hashmask was sold at 97,2 ETH, worth $139,100 as of today’s price.What Are Hashmasks?Hashmasks are living digital art collectibles that have been created by more than 70 artists from across the globe. There are a total of 16,384 unique digital portraits as of now.Each of these artworks is uniquely designed to be part digital art and part digital collectible....

ETH/USD: ATH Area Tested One Last Time?Key Support Levels: $1425, $1392, $1350.Key Resistance Levels: $480, $1500, $1530.Ethereum managed to climb by 8% today as it pushed from $1375, breaking $1400 to reach $1456 as the current daily high. The cryptocurrency is now trading around the previous Jan-2018 ATH price, which was $1440, according to Bitstamp.Even though ETH saw a higher price earlier in January, reaching as high as $1480, the coin couldn’t hold above and failed to close a daily...

The U.S. SEC has charged three individuals on an initial coin offering scam, where their company Bitcoiin2Gen squeezed more than $11 million from retail investors. The ICO, which took place in 2018, involved actor Steven Seagal as a promoter of the newly created token.Defrauding Investors with More than $11MThe Securities and Exchange Commission (SEC) went after three individuals, allegedly defrauding hundreds of retail investors. The U.S. watchdog has charged them on a 2018 initial coin...

Despite another attempt to overcome $35,000, bitcoin has continued to trade inside the tight range of $33K to $35K.In contrast, large-cap altcoins, along with some DeFi ‘stars’ had performed a lot better. This includes a new ATH for Binance Coin, Ethereum rising above $1400, getting near the previous January 2018 ATH range. On the other side, XRP has plummeted following the recent gains.Binance Coin Surpassing $50 To New ATHMost of the large-cap altcoin market is well in the green against the...

After a sharp drop that led BTC for another retest of $32,000, the asset has recovered and climbed back up to nearly $34,000, as of now. However, its dominance continues to decrease as some alternative coins have outperformed their leader, including XRP surging above $0.60.Bitcoin Eyes $34,000The primary cryptocurrency went through a roller-coaster on Friday after Tesla’s CEO Elon Musk updated his Twitter profile to include “Bitcoin” as the only description.The asset responded with an...

The largest US-based crypto exchange Coinbase has classified bitcoin and several altcoins as institutional assets following the developments in 2020. In its yearly report, the company has confirmed the growing institutional interest, the maturing market, and, somewhat surprisingly, the expanding appetite from corporations towards ETH.2020 Established Bitcoin As An Institutional AssetThe challenging last year saw the emergence of Bitcoin as an asset fit to serve the needs of institutional...

Following the highly volatile few days in which BTC displayed $6,000 price moves in both directions, the cryptocurrency has calmed around $34,000. At the same time, XRP and a few more altcoins have exploded in value and reduced BTC’s dominance to 62.5%. Uniswap’s UNI token even hit $20.XRP’s Massive Surge Reclaims #4th SpotThe past few days have been anything but boring in the cryptocurrency space – from the retail-driven hype for Dogecoin and up to four-digit gains, through the Elon...

The Grayscale Ethereum Trust, which offers its institutional and accredited investors to take advantage of private placements on several occasions throughout the year, has reopened the initiative of its shares.Grayscale announced resuming the Ethereum Trust private placement earlier, thus enabling accredited investors to allocate funds into the company’s product following the second-largest cryptocurrency.Private placement means a sale of an asset to a pre-selected number of investors and...