Financial Industry News
Ethereum has dramatically underperformed Bitcoin over the past two weeks. The coin has gained 13% in the past two weeks while BTC has gained 20%. Analysts think that the gap may begin to close shortly. One trader noted that there are a number of technical signals derived from the Ichimoku Cloud indicator suggesting Ethereum will […]
Continue ReadingEthereum and top altcoins have undergone strong retracements from their summer highs. Even still, investors remain bullish as they look out into the long run. Santiment reports that whales have been investing heavily in Ethereum and some ETH-based altcoins. These are REN, Chainlink, Aelf (ELF), Kyber Network (KNC), and 0x (ZRX). Some Ethereum Coins Are […]
Continue ReadingA third and all-encompassing version of Ocean Protocol has been released, fleshing out its vision for “datatokens” and decentralized data marketplaces. Announced Tuesday, Ocean v3 brings the Ocean data market proposal to life with Ethereum-based datatokens, as well as a range of other features like initial data offerings (IDOs), staking, automated market making (AMM) functionality […]
Continue ReadingEthereum is expected to move much higher in the months ahead as the leading cryptocurrency prints a bullish technical signal. Ethereum Bounces Cleanly Off $390 Horizontal Region in Bullish Move As the chart shared below shows, ETH recently bounced off the $380-390 horizontal region, which marks a win for bulls. The chart shows that over […]
Continue ReadingEthereum has undergone a 6% drop over the past 24 hours in the face of the stock drop. The Dow Jones is down 3% during Monday’s trading session. Analysts think ETH could bounce, though, as the coin has recovered to $390. One analyst noted that the coin is now trading above the pivotal swing level […]
Continue ReadingEthereum has stalled after hitting the pivotal highs of $420 earlier this week. The coin now trades for $408, failing to break higher even as Bitcoin flirts with yet another breakout ahead of the weekly close. Despite the mixed price action, analysts think ETH remains in bullish standing. Ethereum Analysts Thinks the Uptrend Is Intact […]
Continue ReadingEthereum has undergone a strong 10-15% rally over the past seven days that has brought it as high as $420. The coin is expected to move towards $433 to “catch up” to Bitcoin. Ethereum Expected to Surge As Bitcoin Holds Key Supports Ethereum has undergone a strong 10-15% rally over the past seven days that […]
Continue ReadingEthereum has undergone a strong surge over recent days that has brought it from the $360 range to highs of $420. Analysts say that it will undergo a macro move higher once it manages to flip $500 into support. Ethereum Set to Break Dramatically Higher Once It Holds $500: Analyst The cryptocurrency is currently positioning […]
Continue ReadingBitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off. Bitcoin (BTC) trading around $12,919.97 as of 20:00 UTC (4 p.m. ET). Slipping 1.36% over the previous 24 hours. Bitcoin’s 24-hour range: $12,731.06-$13,192.25. Bitcoin’s price had a minor pullback Friday after hitting fresh new 2020 highs that put it above $13,000 […]
Continue ReadingThe Ethereum 2.0 deposit contract is a few weeks away at least, according to Ethereum Foundation researcher Danny Ryan. Speaking Thursday on the Bankless podcast, Ryan said the deposit contract won’t go live until it receives a thumbs up on an audit of a critical crypto library, BLST, performed by cryptography audit firm NCC Group. […]
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