ETH/USD Ethereum continues to look relatively flat against the US dollar, while at the same time Bitcoin has been rallying. Because of this, I think that we are essentially stuck in a range between $450 level on the bottom, and $500 on the top. However, on the hourly chart we are starting to see the […]
The first cryptocurrency futures contract is going live at 5:00 p.m. CT on December 10. And of course, it is for Bitcoin futures—the marquee name of cryptocurrencies. This has hedge funds foaming at the mouth. Many have been waiting for a chance to short Bitcoin, and since futures contracts ease friction on the short side […]
Key Highlights ETH price mostly traded in a range above the $455-450 support against the US Dollar. Yesterday’s highlighted key contracting triangle with current resistance near $485 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is holding a major support area near $455 and the 100 hourly simple moving […]
Main Idea CREDITS (website) is developing a new type of blockchain, which is much more efficient that the ones we know today. The main features are very cheap transactions with costs not exceeding few cents and speed, as such transaction can be deliver within few seconds. Financial Industry The main target of the project is […]
CryptoKitties, the massively popular Ethereum-based digital kitten breeding app and collectibles marketplace, has surpassed major decentralized cryptocurrency exchange EtherDelta to become the largest decentralized application (dapp) on the Ethereum protocol by gas consumption. According to ETH Gas Station, the CryptoKitties Ethereum smart contract accounted for 13.94 percent of Ethereum’s transaction volume over the last 1,500 […]
[embedded content] ETH/USD Ethereum has been a bit negative during the Monday trading session, but it appears that the $450 level should offer a bit of psychological support, extending down to at least the $420 level. Because of this, it’s likely that we will find a “buy on the dips” mentality, and therefore I am […]
All is sunshine and roses in the cryptocurrency world. Or at least that’s how things look at the moment, given that Bitcoin crossed $11,000 and Ethereum is holding above $450.00. But markets never hold still for long. Cryptocurrency markets are particularly restless. Investors swoop in, betting on Bitcoin, Ethereum, or one of the altcoins. Then, […]
Key Highlights ETH price is correcting lower from the $478 swing high against the US Dollar, but it remains supported. There is a key contracting triangle forming with resistance near $478-480 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair has to stay above the $450 support and the 100 hourly simple […]
Bloomberg has issued their customary list of the 50 most influential people of the year, and this year’s list includes Vitalik Buterin, founder of Ethereum. Bloomberg’s Top 50 list includes some of the most important movers and shakers of the past year in any industry. Some of Buterin’s list-mates include Amazon founder and CEO Jeff […]
December 4, 2017 10:59 PM Set your timer. The Chicago Board of Options Exchange (CBOE) will launch its bitcoin futures at 5:00 p.m. CT on Sunday, December 10, 2017, with a pre-opening period beginning at 4:15 p.m. CT. The first full day of trading will be Monday, December 11, 2017. “Given the unprecedented interest in […]
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