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ETHNews

cryptocurrency April 25, 2020

Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move that liquidated $70 million worth of short positions. Altcoins have been posting equally as impressive performances, with some actually managing to […]

cryptocurrency April 23, 2020

Like the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just minutes ago on the back of a short squeeze in the Bitcoin derivatives market, which pushed the asset up nearly 10% […]

cryptocurrency April 22, 2020

Aside from Bitcoin, the most talked-about cryptocurrency over the past few weeks has seemingly been Tether.The fourth-largest cryptocurrency by market capitalization, the stablecoin, which trades on markets as USDT, has become increasingly important to the crypto market. So much so that just the other day, data shared by Unfolded suggested that Tether’s market capitalization hit […]

cryptocurrency April 21, 2020

The weekend saw an exploit of the dForce DeFi protocol which netted hackers $25 million worth of crypto. This consisted mostly of Ethereum and stablecoins, with Bitcoin bringing up the tail end of assets stolen.But in a stunning turn of events, the attacker has since returned the stolen funds. Observers believe this was due to […]

cryptocurrency April 19, 2020

After experiencing a notable rally yesterday, Ethereum lost its momentum and retraced a significant amount of these gains, with the crypto plunging back to its recently established support at $180 as it flashes some signs of weakness.It is important to note that bulls have established the price region just below where Ethereum is currently trading […]

cryptocurrency April 13, 2020

The crypto market has fallen off hard over the past few days. Ethereum, especially, has been hit hard. Since the highs at $177, the cryptocurrency has fallen as low as $150, sustaining a 15% drop.Key technical and fundamental factors, however, suggest that ETH will soon mount a strong comeback.#1: Ethereum Closed Above a Key TrendlineWhile […]