Financial Industry News
Ethereum is now the second major cryptocurrency from the last bull run to break its former all-time high. One author and economist, however, claims that this is only the beginning of the top altcoin following in Bitcoin’s footsteps, and will soon rally to $20,000 mimicking the epic 2017 bull run. Here’s the theory behind the […]
Continue ReadingEthereum (ETH) reached levels it last tested in January 2018 as a less volatile Bitcoin kept creating upside opportunities in the $105 billion altcoin market. Ethereum blasts upwards towards its record high levels from early-2018. Source: ETHUSD on TradingView.com The second-largest cryptocurrency (by market cap) surged by roughly 10 percent on Monday to hit an […]
Continue ReadingEthereum’s price action has been strikingly similar to that of Bitcoin’s as of late The crypto is once again showing strong signs of correlation to BTC, which has caused it to see some relatively choppy trading as of late It has continued gaining some slight ground against BTC, although it is now pushing up against […]
Continue ReadingBitcoin has been facing some immense turbulence as of late, but it has yet to have any grave impact on altcoins Most major altcoins have been decoupling from the benchmark cryptocurrency, with ETH gaining against its BTC pair while Chainlink sees fresh all-time highs This momentum is being slowed slightly by Bitcoin’s present weakness, but […]
Continue ReadingEthereum has rebounded from its overnight lows, but it’s slightly underperforming the benchmark cryptocurrency at the moment Bitcoin is now plowing past $35,000, with bulls picking up steam as they look to reverse the recent downtrend There’s a strong possibility that the market’s next trend will depend largely on whether or not BTC can navigate […]
Continue ReadingEthereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the […]
Continue ReadingBitcoin has faced some intense selling pressure throughout the past 48 hours, with bears stepping up and trying to reverse the cryptocurrency’s recent strength They have been continuously targeting $30,000, with the crypto tapping this level on a few occasions before rocketing higher Its rally has so far been somewhat weak, and reversed nearly the […]
Continue ReadingEthereum has seen some brutal price action throughout the past few days and weeks, with the selling pressure seen in the $1,300 region proving to be quite intense It is important to note that Bitcoin has been creating massive headwinds for Ethereum as of late, with buyers being unable to guard against an intense decline […]
Continue ReadingEthereum has been rocketing higher throughout the past few days, with its latest round of upside kicking off after the sudden rally from the mid-$700 region to over $1,000 The crypto has now established a solid foothold within the $1,000 region, and bulls confirmed this level as support yesterday This is indicative of its present […]
Continue ReadingEthereum has been caught in a wild bout of turbulence these past few days, primarily because of its recent breakout rally that allowed it to gain serious ground against Bitcoin The cryptocurrency has been able to flip the crucial $1,000 level into support, and bulls are in the process of defending it presently It is […]
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