Banking giant JPMorgan has offered mixed signals when it comes to their thoughts on cryptocurrencies, with the bank’s CEO frequently bashing Bitcoin and other cryptocurrencies, despite offering their own intra-bank digital asset dubbed JPM Coin that is built upon the Ethereum (ETH) blockchain.Now, it appears the JPMorgan could be dipping its toes into the Ethereum…
Ethereum price started a downside correction from the $230 swing high against the US Dollar. ETH is currently declining and it remains at a risk of more losses below $215 and $2152.Ethereum declined below the $225 and $220 support levels against the US Dollar.The previous support at $225 is now acting as a major resistance…
Bitcoin is the first-ever cryptocurrency that all other altcoins were designed after, with many providing additional benefits above and beyond what the original crypto has to offer.Altcoins have recently been vastly outperforming Bitcoin in what crypto analysts refer to as an “alt season,” but it all may come to a surprise end leading to additional…
Ethereum price extended its rise above the $220 resistance area against the US Dollar. ETH is currently facing hurdles near $230 and it could correct in the short term.Ethereum is facing a key resistance near the $230 area against the US Dollar.The price might correct a few points towards $223 or $220 before climbing again.There…
Ethereum gains a strong bullish momentum above the $200 resistance against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards $250 in the near term.ETH price climbed higher significantly and settled above $200-$210 high against the US Dollar.The price even broke the $225 resistance and traded to a new 2020…
Ethereum has been caught within the throes of an incredibly intense and unwavering uptrend over the past several days, with ETH rallying up towards $225 before finding some intense resistance that halted its rally.It is important to note that this intense uptrend may be far from over, as the cryptocurrency recently broke through multiple key…
The funding rates of bitcoin and Ethereum have been significantly higher than average throughout the past four weeks. It may suggest the crypto market is on track for a strong bull run.Funding has been positive for 37 days, showing glowing crypto market sentimentAccording to a well-known crypto trader who has predicted the bitcoin price to…
Since the start of the year, Ethereum has been moving steadily upwards, sometimes violently, to form a steep vertical channel. And yesterday’s sharp gains saw a breach of the key $200 level.As such, analysts expect this to be a massive turning point for the number two cryptocurrency, which up until the start of the year,…
Traders encouraged by Ethereum’s impeccable growth in the decentralized finance (DeFi) sector have pushed its native token Ether to its five-month high.The Ether-to-dollar exchange rate cemented a new yearly peak of $222.63 after surging by 4.55 percent on Friday. The move uphill extended the pair’s year-to-date gains to 71 percent, making Ethereum one of the…
Ethereum price gained more than 10% and broke the key $200 resistance against the US Dollar. ETH even surpassed $220 today and it is likely to continue higher.Ethereum is trading in a strong uptrend above the $200 and $208 levels against the US Dollar.The price is showing a lot of positive and it seems like…