Financial Industry News
Ethereum has been able to maintain above $200 despite the recent turbulence seen within the aggregated crypto market This outperformance of Bitcoin has allowed it to gain some strength on its embattled BTC trading pair ETH is still in a precarious position, however, as analysts are noting that its macro bear structure still remains strong […]
Continue ReadingEthereum has been seeing some incredibly lackluster price action throughout the past several weeks and months, setting a series of lower lows while losing ground against Bitcoin Despite showing signs of technical weakness, data shows retail investors have been busily accumulating the cryptocurrency This trend isn’t unique to just retail investors either, as data also […]
Continue ReadingEthereum and the rest of the cryptocurrency market have experienced a healthy retracement over the past five days after weeks upon weeks of rallying. From the monthly highs, ETH is down from $227 to $208 — a price correction that is just shy of 9%. Even amid this pullback, investors in Ethereum have kept their […]
Continue ReadingIt’s been a tough week for all cryptocurrencies, Ethereum included. Investors at the start of this week were expecting this nascent market to push to new yearly highs, but their perspective quickly changed when most digital assets plunged by 10% over the course of two days. The dump coincided with fears that Satoshi Nakamoto — […]
Continue ReadingEthereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure […]
Continue ReadingOver the past few weeks, there’s been a strong uptick in excitement about the Ethereum 2.0 upgrade. The excitement is surrounding the improvements the upgrade is expected to have on the Ethereum blockchain. At Token2049’s Ethereum Asia Supermeetup in March 2019, the blockchain’s enigmatic founder Vitalik Buterin told a crowd on the upgrade: “[It is] […]
Continue ReadingEarlier this month, the popular online community Reddit launched two types of Ethereum-based cryptocurrency tokens to its users. The token specifically designed for players of the pop culture phenomenon video game Fortnite has already grown to over 10,000 users since it rolled out just one week ago. New Ethereum Reddit Tokens Amass Over 10K Users […]
Continue ReadingEthereum has been able to gain some ground against Bitcoin throughout the past several days This slight uptrend may not last for too long, however, as analysts are noting that the cryptocurrency is not in firm bull territory until it is able to break above its yearly highs Importantly, one analyst is noting that ETH […]
Continue ReadingThe bear-favoring volatility seen by the aggregated crypto market yesterday has once again caused Ethereum to decline beneath the $200 price level The cryptocurrency is now flashing signs of growing weakness as multiple moving averages begin invalidating all of ETH’s macro bullishness One analyst believes that this present technical weakness could lead ETH to move […]
Continue ReadingDespite the fact that Ethereum has been underperforming Bitcoin over the past few weeks, investors are highly optimistic about the asset. Data from leading exchange Bitfinex, in fact, indicates that traders have a record number of long positions open for the cryptocurrency. Analysts fear that this optimism may end badly as a bearish technical case […]
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