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Month: December 2020

cryptocurrency December 18, 2020

Ethereum traded to a new monthly high above $675 against the US Dollar. ETH price is currently correcting gains, but dips are likely to be limited below $630 in the near term. Advertisements Ethereum gained bullish momentum after it broke the $620 resistance level. The price surged towards the $675 resistance and settled well above […]

cryptocurrency December 18, 2020

Advertisements China’s Nervos has launched a trustless bridge designed to simplify cross-chain transactions between its CKB network and Ethereum. Chinese public blockchain project Nervos has announced the launch of a cross-chain bridge between it and Ethereum. The launch of Nervos’ Force Bridge was revealed on Dec. 17, with the bridge boasting native support for ERC-20 […]

cryptocurrency December 17, 2020

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cryptocurrency December 17, 2020

Ethereum started a strong surge above $600 and $620 against the US Dollar. ETH price tested the $650 resistance zone and it is currently correcting gains. Advertisements Ethereum gained bullish momentum after it broke the $600 resistance level. The price is up more than 10% and it is now well above the 100 hourly simple […]

cryptocurrency December 16, 2020

Advertisements Ethereum’s year was rich with astounding successes, but nothing can be perfect. The year 2020 has been nothing short of spectacular for Ethereum. Between Ethereum 2.0 and the quest for scalability, the decentralized finance explosion, and the successes of interoperability and money settlement — just to name a few — the richness of narratives […]

cryptocurrency December 16, 2020

Advertisements Quick summary: The CME Group has announced that they will launch Ethereum futures on February 8th, 2021 The launch is pending regulatory review The Ethereum futures will be cash-settled Ethereum joins Bitcoin as the second digital asset with futures contracts handled by the CME Group Ethereum’s value has surged past $600 due to a […]

cryptocurrency December 16, 2020

Advertisements Quick take: The Grayscale Ethereum Trust (ETHE) has had a fruitful Q4 by gaining 274% October 1st found ETHE trading at $39 The share price is now at $146 with a possible correction in the days to follow Grayscale continues to accumulate Ethereum with approximately $1.73 billion under management The share price of Grayscale’s […]

cryptocurrency December 16, 2020

Ethereum is still struggling to clear the $595 resistance zone against the US Dollar. ETH price remains at a risk of a sharp decline if it breaks the $575 support zone. Advertisements Ethereum is still trading well below the main $595 and $600 resistance levels. The price is now approaching the $580 support zone and […]

cryptocurrency December 16, 2020

Advertisements A snapshot for the Spark airdrop may have caused a record spike in Ethereum address creation. Ethereum address creation hit a 35-month high on December 14 when 177,000 new addresses were added to the network according to analysts from Santiment. The analytics provider reported that its network growth metric showed Ethereum adding 177,500 addresses […]