Mark Hipperson, the former Head of Technology for the Barclays group, has announced his intention to release an innovative digital banking scheme. The project, tagged Ziglu, is slated to be released in the first quarter of 2020. According to reports, the concept of the project is an all-digital banking account that will enable its users […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125,$100 ETH/USD Long-term Trend: Bearish Finally, Ethereum tumbles to the oversold region after months of a sideways trend. Ethereum has one of the longest sideways trends. A market that is good for position traders. Earlier on the coin had been range-bound for four months between […]
Ethereum, the second-largest cryptocurrency by market cap, has continued to show a sign of weakness over the past days following November 25 recovery from $133 to $159 on December 4. Against Bitcoin, Ethereum is following the same trend. However, a bullish move is likely to play as soon as the bulls step back in the […]
Dai is a decentralized Stablecoin manufactured by MakerDAO. A Dai is on equal value with $1 and is purported to remain at that level (thanks to a basic strategy) until it goes out of circulation. A lot of people are afraid of cryptocurrencies and do not regard them as a reliable mode of payment due […]
From $150 this week, Ethereum fell sharply to $139 after recording 8% loss. Following a small recovery, ETH is currently priced at $143 with a total market cap of $15.6 billion and a volume valuation of $7.5 billion. Ethereum is still trapped in a six months bearish trend and has continued to rally downward for […]
Since the weekly opening, Ethereum has been seen a substantial drop, making the token to loss 7% of its value. From this week high of $153, the second performing cryptocurrency now trades at $146 with a market cap of $15.9 billion. Today, ETH is down by 0.57% but it could recover as soon as the […]
Ethereum has been trimming loss since the market recovers from a low of $131 to $159 in late November. Currently, ETH has become weak for past days and its price has now dropped to $148. However, we can expect the second-largest cryptocurrency to correct gains as soon as the buyers turn back active in the […]
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 […]
