Ethereum Watch

Key Highlights ETH price started a recovery from the $390 swing low against the US Dollar, but is facing many hurdles. There is a short-term bearish trend line forming with resistance near $430 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might struggle to break the $430 and $458 resistance levels […]

Along with Bitcoin, Ethereum had a crazy day this week. Although Ethereum had a more predictable correction right to the previous resistance level of 395. We were expecting the pullback because Ethereum tends to have a pullback every time it reaches new highs. Advertisements ETH/USD Technical Analysis ETH/USD reached a new high of $480 last […]

Press Secretary Sarah Huckabee Sanders has revealed that White House personnel are monitoring goings-on in the world of cryptocurrencies. Advertisements On November 30, 2017, White House Press Secretary Sarah Huckabee Sanders said that the White House’s “team” is following developments in the cryptocurrency sphere. The statement came in response to a query from a reporter […]

On Wednesday, Nasdaq and Cantor Fitzgerald became the latest financial giants to proclaim interest in offering bitcoin derivatives. But with the new wave of interest, we must examine whether bitcoin’s value is being driven by its utility or simply its scarcity. Advertisements On November 29, 2017, Nasdaq Inc. and Cantor Fitzgerald announced their interest in […]

As traditional exchanges announce bitcoin derivatives, the Commodity Futures Trading Commission shared an update about its oversight of cryptocurrency markets. Advertisements Bitcoin futures are here – and binary options, too – which means bitcoin ETFs might be just around the bend! On December 1, 2017, the Commodity Futures Trading Commission released a statement on the […]

December 1, 2017 12:47 AM Advertisements UK criminals who believe they can hide their assets in cryptocurrency might need to rethink their strategy. On November 28, 2017, reports indicated that the UK’s Crown Prosecution Service (CPS) Proceeds of Crime division has begun seizing digital assets in accordance with confiscation orders it recently obtained. Advertisements The […]

credits:istock.com/LEEDDONG Advertisements Ethereum Coin Has Only Begun Its Move Towards Higher Prices It is an exciting time for currencies. Bitcoin has been creating new highs for many months, and now other cryptocurrencies are following suit. I am focusing on the Ethereum coin price because I have reason to believe that mind-boggling prices are on the […]

“A person is smart; people are dumb,” is one of my favorite truisms about investing. Advertisements It is true of stock markets and about cryptocurrencies, though not in the ways you might expect. But let’s take a step back here. Why are we talking about “herd mentality” in today’s Ethereum news update? The answer should […]

Key Highlights ETH price made a sharp downside move and broke the $458 and $420 support levels against the US Dollar. There was a break below a major bullish trend line with support at $462 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair started recovering after trading as low as $398.04 […]

A United Nations organization held a meeting in Ethiopia where attendees discussed potential benefits and challenges of blockchain adoption on the African continent. Advertisements On November 24, a conference on blockchain technology in Africa, organized by the United Nations Economic Commission for Africa (UNECA), concluded its proceedings. The multi-day meeting, which took place in Addis […]