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Analysis

cryptocurrency April 30, 2020

Ethereum is up more than 12% and it broke the $220 resistance against the US Dollar. ETH price is likely to continue higher and it could even test the $240 and $250 levels.Ethereum is surging and it recently broke the $215 and $220 resistance levels.The price is now trading well above the $200 pivot level […]

cryptocurrency April 29, 2020

At the time of writing, everyone’s attention has been focused on Bitcoin crossing $8k. An important breach indeed but changes facilitating around Bitcoin’s ecosystem did not scream a lot of activity. Advertisements Source: Skew Ironically, BitMEX XBTUSD Open Interest in terms of BTC has dropped over the past 12 hours and the OI in terms […]

cryptocurrency April 27, 2020

Key Takeaways $30,000 worth of Ether is now frozen in a smart contract forever because of a typo in Hegic’s smart contract. Tempers flared between Hegic and its auditor, Trail of Bits, as the security firm told Hegic to delay deploying its smart contract. The situation highlights the need for smart contract evaluations that investors […]

cryptocurrency April 22, 2020

The largest altcoin, Ethereum, soared by 4.38% over the last 24-hours which pulled the coin to a valuation of $179.89, at press time. Despite the bullish revival, ETH bulls have lacked the necessary strength to attempt a crucial breach to the upside. Advertisements Ethereum [ETH] Daily Chart: Source: ETH/USD on TradingView Advertisements Ascending channel formation […]

cryptocurrency April 22, 2020

After a cruel Black Thursday, Ethereum is finally enjoying a period of sustained performance in the cryptocurrency charts. Over the past week, Ethereum’s valuation had improved steadily as the 2nd largest asset continued on its path of recovery. Advertisements Source: coinstats Advertisements ETH/USD on Trading View From the chart above, it can be observed that […]

cryptocurrency April 15, 2020

Ethereum is having a favorable April. Advertisements Over the course of the past two weeks, Ethereum has scaled by 20 percent in the charts as its valuation jumped from $129 to $154. After a catastrophic March, the largest altcoin was showing significant signs of recovery but a recent analysis indicated a minor trend reversal could […]

cryptocurrency April 9, 2020

The development of DeFi and other protocols on the Ethereum blockchain over the past year cannot be ignored. Advertisements With Ethereum rapidly becoming the go-to asset for DeFi applications, a majority of users believe that ETH’s valuation will rise as well in the long-term as well. In fact, with the tokenization of assets on Ethereum […]