Ethereum

Key Highlights ETH price slowly recovered and moved above the $130 and $132 resistances against the US Dollar. Yesterday’s major bearish trend line was breached with resistance at $132 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to climb towards the $151 resistance level in the near term. Ethereum…

Key Highlights ETH price failed to recover and declined below the $150 level declined against the US Dollar. There is a short term bearish trend line in place with resistance at $150 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded to multi month low and it could continue to move…

Key Highlights ETH price is forming a decent support above the $165 level against the US Dollar. There is a major bearish trend line in place with resistance at $193 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may slowly correct higher towards the $188, $192 and $194 resistance levels. Ethereum…

Twitter is pointing the finger at an unnamed third-party app as the party responsible for a string of cryptocurrency giveaway scams in recent weeks involving some major brands. Throughout the year, the popular social media platform Twitter has been in a losing battle against a massive botnet and cybercriminals who are hijacking prominent, verified accounts…

San Francisco based blockchain company Ripple has secured another major banking partner in Asia this week. ASEAN’s fifth largest bank, CIMB Group, as announced that it will join RippleNet in order to utilize the firm’s cross border transfer products. Its XRP token meanwhile has held on to second spot over Ethereum. RippleNet Expands it Reach…

Following yesterday’s widespread and significant drop across the entire cryptocurrency markets, Bitcoin has settled below $5,600, the lowest price it has seen this year, and many altcoins have continued dropping. At the time of writing, Bitcoin is trading down over 8% at its current price of $5,560, recovering slightly from its low point of $5,350,…

Key Highlights ETH price declined heavily after it broke the $200 and $190 supports against the US Dollar. There is a short term contracting triangle formed with resistance at $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but upsides are likely to be capped near $180 or…

Key Highlights ETH price is facing a tough resistance near the $209.00 and $210.00 levels against the US Dollar. Yesterday’s highlighted major bearish trend line is intact with resistance at $209 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate declines if there is a close below the $206 support.…

Kaleido, a subsidiary of ConsenSys, is launching a marketplace of plug-and-play services to help blockchain projects from proof-of-concept to live production business networks. The firm, which announced the product at the Web Summit in Lisbon, is working with Amazon Web Services to provide the enterprise blockchain platform. ConsenSys’ Kaleido Launches Marketplace for Plug-and-Play Enterprise Blockchain…

Key Highlights ETH price corrected lower sharply after trading above the $222 level against the US Dollar. There is a key bullish trend line in place with support at $208 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to move higher as long as it is above the $208…