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Day: December 9, 2020

cryptocurrency December 9, 2020

Advertisements Bulls swooped in to buy Ethereum as it dropped to a critical support level and now they’ve set their sights on $590. Bitcoin’s Dec.8 breakdown to $17,650 weighed heavily on most altcoins and Ether was not spared from the carnage.  Daily cryptocurrency market performance. Source: Coin360 As the price of Bitcoin (BTC) dropped precariously […]



cryptocurrency December 9, 2020

Advertisements Blockchain interoperability has been a long-time dream for the Ethereum network, and ConsenSys eyes the latest release to deliver it. Enterprise blockchain applications are slowly but surely making their way to public networks, especially as new upgrades and features are being implemented into the Ethereum ecosystem. While Eth2 promises to bring scalability, security and […]

cryptocurrency December 9, 2020

Advertisements Quick take: Ethereum’s correlation to Bitcoin had dropped to as low as 0.42 in late November Such levels were last seen in 2018 Ethereum’s correlation to Bitcoin has since increased to 0.75  This is an increment of 178% in two weeks Ethereum’s price is once again in bearish territory However, a bounce is likely […]

cryptocurrency December 9, 2020

Ethereum started a strong decline after it failed to surpass $600 against the US Dollar. ETH price declined over 6% and it is now trading near the $550 level. Advertisements Ethereum started a strong decline after it failed to clear the $600 and $602 resistance levels. The price broke the key $585 support and settled […]

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