Suspicious activities have been observed in one of the addresses involved in the recent hack involving Upbit, which saw the perpetrators move about $50 million in Ethereum tokens to an unidentified wallet. Whale Alert, a statistical analysis website focused on tracking huge cryptocurrency transactions, alerted that a 10,000 Ethereum token (about $1.5 million) transaction was […]
Ethereum has seen a substantial loss of about -6% over the past five days of trading, making the token to trade at $148 at the moment. Meanwhile, the market is still very much on a six-month downward range. ETH is likely to remain bearish for the rest of the year if the buyers fail to […]
Ethereum saw a small increase over the past days which made the token to break slightly above $155. Since the break, ETH has been finding it hard to move further. Meanwhile, the cryptocurrency is experiencing a low amount of volume and volatility since the breakout on November 27. If the short-term bullish setup fails to […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $150, $130,$110 ETH/USD Long-term Trend: Bullish Recently, Ethereum had a selling pressure as the bears broke the dashed line (blue lines) at $150 and the price fell to the low of $135. After the coin falls, the market pulled back but ETH is currently facing resistance […]
A financial regulatory agency in Spain has published a warning call to the public to avoid an Ethereum-based token known as AlyCoin. According to a news release published on the 18th of November, the Comisión Nacional del Mercado de Valores cautioned the public to steer clear of AlyCoin as the digital currency is not registered […]
Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 ETH/USD Long Term Bias : Ranging The ETH/USD pair had been in a range-bound move after the last bearish impulse in August. In the first instance, the price made an upward correction which was resisted at the $220. Consequent to that, the coin […]
Following the last few days of the positive move, Ethereum is now trading above the 4-months descending wedge on the daily chart but the price has reached breakpoint on the hourly chart as the market carves a triangle pattern. Meanwhile, ETH is following a short-term bullish sentiment as it may become stronger in the […]
Over the past five days, Ethereum has been trading below $180 following the October 11 huge sell-off at $196. ETH is currently roaming around the $173 after seeing a little price increase over the weekend, although the trend is still looking bearish on a medium-term. The ETH price appeared stable at the moment. We […]
The United Nations International Children’s Fund (UNICEF) has just released a cryptocurrency fund that will take in, handle and allocate payments in cryptocurrency denominations including Bitcoin as well as Ether, in a bid to finance the adoption of open source technology for kids across the globe. This development was declared openly on the 9th of […]
