Ethereum Watch

Ethereum Analysis for December 8, 2017 Advertisements ETH/USD Ethereum rallied rather significantly during the trading session on Friday, reaching as high as $450, but ran into significant resistance. As we consolidate between the $425 on the bottom, and $450 on the top of the short-term range, I suspect we are going to continue to see […]

This week, Ethereum news headlines have been so overwhelmed by “CryptoKitties” that an important factor was overlooked: Namely, that ETH/BTC rates are trading at historic lows. Advertisements The last time ETH/BTC rates were this low was in March, when ETH prices were valued at approximately $35.00. At that time, the Ethereum to Bitcoin rate stood below […]

Key Highlights ETH price continues to face selling pressure below the $425 pivot level against the US Dollar. There are two key bearish trend lines forming with resistance around $420 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently under pressure and it is following a bearish path below $428. […]

Coinbase surged to the top of Apple’s digital App Store charts during a recent spike in cryptocurrency interest. Advertisements On Thursday, December 8, 2017, amid speculation and soaring bitcoin prices, the cryptocurrency exchange Coinbase briefly enjoyed a place at the top of Apple’s App Store. As its popularity continues to rise, the exchange has admittedly […]

Moscow’s government has launched an Ethereum-based blockchain on which it will hold votes through its Active Citizen program. The Ethereum Voting System works with participants establishing themselves as nodes in this network using a Parity client. Advertisements On December 4, the government of Moscow issued a press release announcing a pilot project that would start […]

Cryptocurrency still depends largely on fiat touchpoints. As banks prevent cryptocurrency exchanges from operating in Bulgaria, it’s unclear how the situation will shake out. Meanwhile, Bulgarian authorities themselves hold a massive number of bitcoins. Advertisements Bulgarian banks have closed accounts belonging to a number of cryptocurrency exchanges, according to local reports. First Investment Bank, the […]

As if bitcoin itself has not inspired sufficient confusion and various reactions, now regulators must contend with cryptocurrency derivatives like Bitcoin Futures option contracts. Advertisements Just as financial authorities were coming to terms with bitcoin, there’s a new challenge on their hands: cryptocurrency derivatives. This week, South Korean regulators moved to ban bitcoin derivatives, according […]

Ethereum Analysis for December 8, 2017 Advertisements ETH/USD Ethereum fell during most of the trading session on Thursday, but found the $400 level to be supportive enough to cause a bounce. By looking at the chart, I see a cluster of trading activity near the $430 handle, so move above there has been bullish of […]

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 […]