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Year: 2019

cryptocurrency December 20, 2019

Bitcoin may be facing new local lows and fighting to stay within a bullish long-term trend, altcoins like Ethereum and Ripple have fallen into the negative for the year, showing extreme weakness compared to the leading cryptocurrency by market cap.But the number two cryptocurrency, Ethereum, won’t have any chance at all to outperform Bitcoin if […]

cryptocurrency December 19, 2019

\n A huge number of ether (ETH) tokens have just moved from a wallet associated with the PlusToken Ponzi scheme. More than $105,099,000 worth of the native crypto asset of the Ethereum network moved between the wallet and an unknown one earlier today. The Twitter account Whale Alert (@whale_alert) highlighted the huge transfer this morning. […]

cryptocurrency December 16, 2019

\n At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time. The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also […]

cryptocurrency December 16, 2019

Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception of one or two, are bearish at the moment but Ethereum is likely to bounce back stronger next year.Ethereum Fundamentals Still […]

cryptocurrency December 15, 2019

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair […]

cryptocurrency December 14, 2019

\n A new strategy is being tried out by the notorious Upbit hackers. They are attempting to use a decentralized exchange to convert their holdings to an EOS-pegged token. On-chain analysts and exchanges have been closely monitoring the movement of stolen funds from Upbit since late November. The nearly $50M of stolen ether has been […]