Cryptocurrency News
During the recent market decline that pushed Ethereum’s price below $1,650, the network witnessed a significant increase in large address activity, reflecting the heightened volatility in its price. This phenomenon indicates that both retail and institutional investors are actively engaged in trading and transferring Ethereum during these turbulent market conditions. […]
Analysis of trades on blockchain-based derivatives trading platform CloseCross reveals that general distribution of the predictions and the money committed to predictions for the price of Ethereum and Bitcoin show that almost all traders are eyeing ETH to either remain stable or increase in value. There was hardly any interest […]
11 years ago, the world was changed. An elusive person, Satoshi Nakamoto created Bitcoin. The digital currency solved one of the biggest issues faced by past attempts, the problem of double spending and a military grade security. The next big change came with Ethereum, by Vitalik Buterin. Buretin essentially took […]
A lot has been said about decentralized finance, or DeFi, in recent months. Many people feel this is not the future of ethereum. While those comments are valid, recent statistics show something else entirely. DeFi is in a Very Good Place Roughly $3.3 million in ether has been locked in […]
After dropping significantly last month, the cryptocurrency market took another plunge downwards. Let’s take a look at some of our favorite cryptocurrencies – Bitcoin, Ethereum, Litecoin – and see if the charts tell us anything. Bitcoin Price Analysis (BTC/USD) Within the last 24hrs, BTC/USD pair has dramatically fallen back to […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, October 11th, ETH price is declining, trading at $186.72. The cryptocurrency has been selling for two days in a row. On H4, Ethereum quotations have tested the resistance line of the long-term channel. This situation may also be understood as the […]
Litecoin Price Analysis (LTC/USD) The slight recovery of the top cryptocurrency (BTC) has improved the price of many altcoins. LTC/USD pair has today record an intraday gain of 2.7%, after having escalated from $57.29 to $58.93. The bullish move has thereby made traders believe that LTC coin is ready to […]
There was major panic in the cryptocurrency market today as most coins took double digits losses of over 10%, with some like Bitcoin SV losing close to 30% of its value in 24 hours. The Ethereum price also exhibited a 16% loss, but things might be looking up. Most markets […]
The test mode of the new Timvi (TMV) secured algorithmic stablecoin was launched on September 18, 2019. The emission of the stablecoin is not subject to the influence of any third parties. TMV will allow its users to earn both during bull and bear market. A bounty program with rewards […]
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline. It is […]
Bitcoin Price Analysis (BTC/USD) According to an hourly chart, BTC/USD pair has been facing a high vitality in the last 24hrs. BTC/USD pair has thereby slightly dipped by 0.89% since it opened trading yesterday at $11914.02 and is now at $11807.04. The moving averages have intertwined that signaled a lack […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Bitcoin keeps growing robustly, its dominance reaching 68.4%, which is a two-year maximum. At the same time, the Ethereum is attempting a bullish trend. The general growth of digital assets in case the leading cryptocurrency manages to renew local maximums looks highly probable. […]
Bitcoin Price Analysis (BTC/USD) It seemed to be clear that yesterday U.S. governmental hearing of Facebook Libra widely affected the price of the top cryptocurrency. In an hourly chart, BTC/USD appears to have exhibited a bearish pressure. The downward movement was supported by the 21 day MA that was seen […]
Bitcoin SV Price Analysis (BSV/USD) BSV/USD pair has exhibited a bullish outlook in the last 24hrs. The ascending channels reflected the upward price rally. The 7 day MA that was seen gravitating above the 21 day MA that indicated a bullish signal. BSV/USD pair began trading yesterday at $187.720 and […]
Today Monfex is proud to announce a new, highly sought-after feature on our industry-leading cryptocurrency trading platform – the ability to deposit and fund trading accounts with Tether (USDT) and Ethereum (ETH). These two new options work directly to realize our goal of revolutionizing fintech and makes life even more […]
When looking across the different cryptocurrency markets, it quickly becomes apparent there will be some positive momentum affecting a lot of different markets. The Ethereum price makes for an interesting example in this regard, as it is still going strong without any real setbacks. Sustaining a value of over $170 […]