Ethereum

Bitcoin Sellers Took the Lead, Took BTC/USD below 45,000 BTC/USD started the week at 57,499 near the all-time high at 58,400, based on the CEX.IOpricing. In the first four hours of Monday’s trading session, BTC/USD declined to 56,000, which was an important support level in intraday terms. The level produced some buying pressure for the pair but only for the next four hours, as BTC/USD closed the 4-hour candlestick between 04:00 and 08:00 UTC at 46,479. That, however, made no lasting… Source link

NOTTINGHAM, England, March 1, 2021 /PRNewswire/ — As the DeFi market witnesses exponential growth, with the total value of digital assets locked up in the tools and protocols standing at over 36 billion, Antier Solutions is working to roll out the world’s first DeFi wallet supporting Ethereum, TRON and Binance Smart Chain DApps. Antier’s wallet is an initiative to make decentralized finance effortlessly accessible across the network. Besides offering peer-to-peer crypto exchange services,… Source link

Cardano, now the third-biggest cryptocurrency after bitcoin and ethereum, has soared in recent weeks—outpacing even bitcoin’s massive rally. The cardano price has surged a blistering 2,000% over the last 12 months, adding 300% in the last month alone. Now, as the cardano network bobs around a total value of $40 billion, developers are gearing up for the launch of a major update on Monday—designed to make it into a multi-asset network similar to ethereum. MORE FROM FORBESBitcoin… Source link

The bitcoin and cryptocurrency market has lost around $400 billion since its peak last weekend as panic spreads among traders. The bitcoin price, after coming within touching distance of $60,000 per bitcoin last week, has plummeted almost 25%—falling as low as $43,000 (though bitcoin remains up almost 50% since the start of 2021). Now, documents released by cryptocurrency exchange Coinbase ahead of its long-awaited initial public offering (IPO) have revealed the possible events it fears… Source link

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Increasing stock market volatility drags Bitcoin and altcoin prices lower Bitcoin has had an exceptionally trying week, and it doesn’t bode well for March — a month that’s traditionally bearish for the… Source link

Ethereum Ethereum slid by 8.78% on Thursday. Reversing a 3.01% gain from Wednesday, Ethereum ended the day at $1,482.62. A mixed start to the day saw Ethereum rise to an early morning high $1,659.97 before hitting reverse. Falling well short of the major resistance levels, Ethereum fell to a late morning low $1,579.70. Finding support at the 23.6% FIB of $1,579, Ethereum struck a late intraday high $1,672.49 before a 2nd sell-off. Falling short of the first major resistance level at $1,726,… Source link

Gold ingots with bitcoin getty Anyone who was overconfident about bitcoin at around $58,000 is either bombed out by margin or stop losses or at very least looking at their positions with a new more sober eye. First things first. There are billions of profits to be made closing out stop losses and leveraged traders by smashing the price of assets traded by the novice in a “flash crash.” If you can smash the price and cause an avalanche you can make… Source link

Ethereum is currently trading at $1,629 following a rollercoaster week of price action that has seen it fluctuate within a $400 range. The week began with a dramatic 30% move to the downside after failing to establish a level of support above its all-time high of $2,000. In the immediate future $1,695 remains a key level of resistance to the upside, as this was a prior point of rejection earlier this month. The slump in price coincided with a crash in the price of Bitcoin, which fell from… Source link

Last week I showed, see here, using the Elliott Wave Principle (EWP) and Technical Analysis (TA) that Ethereum (ETH) was most likely about to embark on a nasty correction to $1300s. It was trading at $1920s then, topped a few days later at around $2040 and dropped this week to as low as $1361… Thus, (black) major-4 -as shown in last week’s chart, is IMHO now underway and has already reached the ideal target zone as outlined last week ($1300+/-100). So is this wave-4 already complete, and… Source link

In an article featuring recent science research into the cryptocurrency market, Ross Pomeroy offers some researchers’ perspective on why Ethereum tends to be more stable than Bitcoin: Ethereum might be a better long-term investment than Bitcoin. The cryptocurrency Ethereum ranks second to Bitcoin in terms of popularity, yet two studies have shown that tends to be more stable and a better “safe-haven” investment during difficult economic times. As a team of researchers from… Source link