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cryptocurrency

cryptocurrency May 12, 2022

Ethereum gained bearish momentum below $2,000 against the US Dollar. ETH even traded below $2,000 and remains at a risk of more losses. Advertisements Ethereum started a fresh decline below $2,100 and $2,000. The price is now trading below $2,100 and the 100 hourly simple moving average. There was a break below a key bullish […]

cryptocurrency May 11, 2022

Advertisements Nubank unveiled support for cryptocurrency investment Users will be able to trade Bitcoin and Ethereum Paxos will power the service and offer blockchain-based facilities Brazil’s Senate recently voted in favor of crypto adoption The largest neobank in Brazil and one of the biggest fintech institutions in Latin America, NuBank announced crypto trading integration on […]

cryptocurrency May 11, 2022

Ethereum [ETH] dropped by 18% in less than a week after bouncing off the $2,200 support level. This happened after BTC suffered another shock and dipped to $30,000. The entire crypto market has gone into a frenzy in recent days with Luna and UST headlining the fallen market situation. Advertisements A particularly bearish sentiment swept […]

cryptocurrency May 11, 2022

Ethereum started an upside correction from $2,200 against the US Dollar. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Advertisements Ethereum started an upside correction above $2,300 and $2,320. The price is still trading below $2,400 and the 100 hourly simple moving average. There is a key bearish trend line forming […]

cryptocurrency May 10, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum price has been hovering inside a trading range since the sell-off in January. The recent downswing caused around the FOMC meeting on 4 and 5 May seems to have triggered a massive […]

cryptocurrency May 10, 2022

Ethereum extended losses below the $2,500 level against the US Dollar. ETH even tested the $2,200 support and remains at a risk of more losses. Advertisements Ethereum remained in a bearish zone and declined below $2,300. The price is now trading below $2,400 and the 100 hourly simple moving average. There is a major bearish […]

cryptocurrency May 9, 2022

Bitcoin and Ethereum miners, both have made a significant chuck in revenues over the years as demand skyrocketed. However, 2022 might come as a surprise especially for the largest cryptocurrency. January proved to be a tough month for Bitcoin miners. Miners generated approximately $1.2 billion in revenue during the first month of 2022. Advertisements While […]

cryptocurrency May 9, 2022

Advertisements Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun to weigh the significance of DeFi services Regulatory clarity could increase Compound Finance’s ratings and see more DeFi […]

cryptocurrency May 9, 2022

Ethereum started a major decline from the $2,700 zone against the US Dollar. ETH dived below $2,550 and might accelerate lower below the $2,420 support. Advertisements Ethereum started a major decline after it failed to surpass $2,700. The price is now trading below $2,550 and the 100 hourly simple moving average. There is a key […]