Cryptocurrency News
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 […]
There is never a day without intriguing cryptocurrency developments. Those who can look past the drama and hype may have taken note of a surprising bit of news. It appears there will be IPOs issued on top of the Ethereum blockchain. These tokens will serve both security and utility functions. […]
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 […]
Blockchain and cryptocurrency projects often fall apart due to a lack of interest and use cases. Thankfully, it seems a lot of projects which have been around for multiple years are finally hitting their stride. Surprisingly enough, a lot of these projects – according to ConsenSys – are using Ethereum […]
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. […]
Those who have been involved in cryptocurrency for some time now will have come across numerous scams. Some of these fictitious promises are a lot more blatant than others. The Minephone WX is one such example, as the promised projected earnings are simply impossible to guarantee. Up to 2 Ethereum […]
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 […]
Every time the Bitcoin price shows signs of moving up, it is a matter of time until enthusiasts find some sort of link to potentially worrisome Tether behavior. These correlations will always be present, as not everything that happens is an illegal course of action. The recent “printing spree” Tether […]
A lot of things are bound to happen in the cryptocurrency world. Perhaps one of the most pressing developments comes in the form of Ethereum entering its 2.0 phase in the coming months. The following clients and projects are all in the testnet phase for Ethereum 2.0, which shows things […]
While May was one of the best months for crypto markets this whole year, June is off to a rough start. After trading sideways for three days, all cryptocurrency markets flash crashed earlier today. Most coins are down double digits with Ethereum dropping roughly 10% from a high of $269 […]
In the cryptocurrency world, there is a growing focus on privacy-centric features. Whereas not every project offers that particular option, it seems Ethereum can now be added to this list. This is only possible up to a certain degree, as the first set of privacy protocols has only just been […]
Ethereum is one of the more interesting blockchain and cryptocurrencies ecosystems next to Bitcoin. Even so, there are genuine concerns over its capabilities to scale or reduce overall transaction costs. It appears a solution has come to market which allows users to tokenize Ethereum Gas as they see fit. There […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH price is rising again on May 24 after taking a pause for correction. Buterin’s crypto is currently trading at around $247.66. On H4, the Ether is forming a triangle, with the correction having reached 38.20% Fibo. What is going to happen […]
Despite the cryptocurrency prices not looking all that great at this stage, there are still plenty of key developments to look forward to. Especially where Ethereum is concerned, there are a lot of potential upgrades and breakthroughs occurring in the coming few months and years. Both from a short-term and […]
Even though Bitcoin is leading the current rally, Ethereum has been on an even bigger run up as the cryptocurrency is up almost 20% in the past 24 hours alone breaking through the $250 level and now aiming for $300. With the rise in IEOs it’s only natural to see […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Ethereum price has been rising since early this week and is trading around $177.80 early morning Tuesday. Technically, the price has broken out the previous descending channel resistance and is now forming an ascending one. On H4, the ETH has started rising […]
After hitting a new ATH for 2019 on May 3rd, Bitcoin is back at it setting a new all time high trading at $5933 on Coinbase. The recent price hike comes amid Donald Trump’s tweets revealing a potential tariff increase on Chinese goods causing the stock market to flash crash. […]