Ethereum Price Analysis: ETH Sinks Below Key Support, Could Extend Losses

ETH price failed to gain strength and declined heavily below the $118 support against the US Dollar. There is a major bearish trend line formed with resistance at $121 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses as long as it is trading below…

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Lightning Network Co-Creator Is Designing a Scaling Solution Called Utreexo

A blockchain researcher has been working on a scaling effort for the unspent transaction output set found in the Bitcoin protocol. According to Tadge Dryja’s recently published description of research, the software engineer is working on a dynamic accumulator called Utreexo. The project could theoretically allow network participants to verify the state of the chain’s…

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Ethereum [ETH] Technical Analysis: Bulls support bleeding coin as hungry bear lingers

The cryptocurrency market has been bleeding since the past few days and it has taken down many major coins with it. Ethereum [ETH] which was the second-largest coin until January 10, slipped to third, making way for XRP to climb up. At the time of press, ETH was valued at $129.27, with a market cap…

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XRP’s tweet volume has a stronger correlation to its trading volume than Bitcoin [BTC] or Ethereum [ETH]

XRP community is one of the most active and passionate crypto-community in the space and according to data from “The Tie”, XRP’s Tweet volume is directly correlated to the Trade volume of XRP. In addition, XRP has the strongest correlation when compared to the dominant cryptocurrency, Bitcoin or Ethereum. The Tie tweeted: “Interesting look at…

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Ethereum [ETH] overtakes XRP to become second-largest cryptocurrency on the charts

The New Year 2019 has started off with frantic movement in the cryptocurrency industry. On January 2, the first major development of the year occurred with Ethereum [ETH] overtaking XRP on the cryptocurrency charts. XRP, which had held the number 2 position for several weeks, has ceded the position to Ethereum, which has been steadily…

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Ethereum Price Analysis: ETH Could Revisit $150-155

Key Highlights ETH price formed a support base near the $128 level and bounced back against the US Dollar. There was a break above a major bearish trend line with resistance at $134 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed in a positive zone and it may continue…

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EOS Contract Joins Bitcoin and Ethereum on Huobi Derivative Market

Photo: Huobi Global / Facebook This Christmas season is rich in different crypto news from numerous projects and it looks like they are doing their best to finish this controversial year for the crypto industry on good terms. As it has been recently revealed, the Singapore-based cryptocurrency exchange Huobi’s derivatives wing, known as Huobi Derivative Market,…

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Crypto Year in Review: How Ethereum (ETH) Performed in 2018 and What Hides in 2019?

There’s no doubt the 2018 bear market has been rough, but some cryptocurrency traders have been taking advantage. Actively trading whales have accumulated more Ethereum this year than at any other time in its history. Since the beginning of the year, it has lost over 92% of its value but has recovered and at the…

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Constantinople Fork Will be Very Bullish for Ethereum, Believes Crypto Analyst Alex Krüger

Photo: QuoteInspector It is not a secret that the crypto market is very vulnerable not only to external factors but to internal changes as well. That’s why to understand possible upcoming trends, it is extremely important to bear in mind both groups of factors. Ethereum in 2018 2018 is getting closer and closer to its…

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Ethereum Price Weekly Analysis: ETH Breaks $125, Could Test $140

Key Highlights ETH price surged higher and broke the $115 and $125 resistance levels against the US Dollar. There is a major bullish trend line formed with support at $114 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains in a solid uptrend and it could continue to rise towards the…

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8 Days of Christmas: Coinbase Adds Crypto-to-Crypto Trading

Photo: The Coinbase Blog Coinbase said they believe it’s important that they build features that let people take advantage of the unique attributes of cryptocurrency. That’s why they’ve decided to roll out a new feature called Convert, which customers can use to convert one cryptocurrency into another. “We’ll be gradually rolling out the ability to convert…

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Crypto Analyst: Ethereum (ETH) Investment Thesis is "Questionable"

Although the crypto market, in general, has undoubtedly had a bad year, some digital assets have had it worse off than others. Bitcoin’s (BTC) ~83% decline from its all-time high is mere peanuts, especially when compared to the 94% loss that Ethereum (ETH) has undergone. ETH has fallen so far from its high horse that the…

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Ethereum Price Analysis: ETH Could Turn Bullish Above $90

Key Highlights ETH price recovered recently, but it failed to break the $88 resistance against the US Dollar. There is a major bearish trend line formed with resistance at $87 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $87, $88 and $90 resistance levels to move into a…

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ICOs Continue To Liquidate Ethereum (ETH) War Chests Amid "Crypto Winter"

Since 2018’s cryptocurrency “winter” came into existence, tokens generated via initial coin offerings (ICOs) have severely underperformed their macro cap counterparts, namely Bitcoin (BTC) and Ethereum (ETH). This has led a multitude of projects, who formerly relied upon their ICO-funded war chests, to take drastic measures in a bid to stay afloat. ICO-funded Projects Sell 416,000 Ethereum…

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Ethereum’s Geth Software Upgrades to Support Constantinople Hard Fork

Photo: Pixabay Go-ethereum (or Geth), the most used client software for the ethereum blockchain, has finally released codes for a new version of the software which will support Ethereum’s next planned upgrade in January. A client software like Geth allows nodes, also known as clients, to connect to connect to the blockchain and carry out…

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Japanese Exchange Bitpoint Launches Trading Platform in Panama

On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. Also read: BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol Bitpoint Japan Expands to Latin America Bitpoint…

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Justin Sun Seeks to Lure Ethereum and EOS Developers in His Latest Mocking Tweet

Photo: Justin Sun / Twitter It is not a secret that the entire cryptocurrency industry is experiencing rather hard times. EOS and Ethereum have faced with some difficulties as well. Nevertheless, it’s worth mentioning that even the most serious threat of collapse appeared as a result of bearish tendencies in the market doesn’t mean that…

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Ethereum Price Weekly Analysis: ETH Remains Sell Near $100

Key Highlights ETH price declined heavily after it failed to break the $125 resistance against the US Dollar. There is a crucial bearish trend line formed with resistance at $101 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may correct higher, but is likely to face sellers near the $99, $100…

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Bitcoin Falls to Lowest Weekly Level, ETH Drops Below $100

Following a period of general weakness in the cryptocurrency markets over the past several days, Bitcoin has fallen down to its previously established 2018 lows, leading many altcoins to plummet. Despite the current bloodbath in the crypto markets, one analyst believes that cryptocurrencies will become an investment safe haven as the equity markets face growing…

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XRP, Ethereum [ETH] escape bear’s grasp with significant price hikes

The cryptocurrency market seems to have received a saving grace with almost all the coins seeing green across the spectrum after a rough week. The concerns related to the past two weeks, which witnessed a lot of support breaks and massive price drops, seem to have been put in the past, with the market undergoing…

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