Ethereum Watch

According to one of Ethereum’s co-founders, investors should look out for an ETH futures contract in the near future. It could potentially usher in the first cryptocurrency exchange-traded fund (ETF). Advertisements The United States Securities and Exchange Commission (SEC) has, in the past, pushed back against the idea of a crypto ETF. It presented a to-do […]

In the past one week, Ethereum prices have touched all-time highs, with daily volumes averaging between $1.5 billion to $2.0 billion. Part of this unprecedented investor interest in the cryptocurrency may be emanating from Ethereum’s first-of-its-kind, real-world use case that is garnering mass popularity. “CryptoKitties” is now Ethereum’s biggest decentralized application, having just taken the crypto-world […]

Key Highlights ETH price declined further and followed a short-term bearish path below $445 against the US Dollar. There are two bearish trend lines forming with resistance at $428 and $442 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might correct towards $440-442 in the near term, but could face sellers. […]

ETH/USD Advertisements Ethereum fell during the Wednesday session against the US dollar, but is starting to find support near the $435 level. Currently, I believe that there is even more support closer to the $430 level, but a move above the $450 level should signify that the market is ready to continue to go higher. […]

Key Highlights ETH price struggled to remain above the $455-460 support area against the US Dollar. There was a break below yesterday’s highlighted key contracting triangle with support at $458 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now below $455 and the 100 hourly simple moving average, which is […]

What Bitcoin Futures could mean for the crypto economy Advertisements Bitcoin continues to captivate the interest of the financially-minded as well as curious and often skeptical bystanders. Bitcoin is well on its way to becoming more than just a hot topic. The cryptocurrency’s legitimacy, along with its price, is on the rise. This month, the US […]

ETH/USD Advertisements 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 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. Advertisements 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 […]

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 […]

[embedded content] Advertisements 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 […]