The creator of the world’s first cryptocurrency index fund has launched two liquid beta funds holding bitcoin and ether exclusively to address market demand. The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are available in two share classes, Institutional Shares and Investor Shares. Bitwise Funds Open to Minimum Investment of $25,000 for Retail Investors…
Key Highlights ETH price traded lower sharply below the $100 and $90 support levels against the US Dollar. There are two key bearish trend lines formed with resistance at $96 and $102 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline and it may even break the $80…
Key Highlights ETH price seems to be approaching a massive breakdown below $100 against the US Dollar. There is a crucial bearish trend line in place with resistance at $106 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break the $100 and $95 levels in the near term…
The continued bear market is taking its toll on cryptocurrency investors, miners, and businesses alike, and has prompted ConsenSys to consider restructuring its business plans so it can adapt to the new market environment and continue to thrive. ConsenSys CEO Joseph Lubin Alerts Staff to Major Restructure In response to the ongoing “crypto winter” that…
After being unable to stabilize above the important psychological price level of $4,000, Bitcoin has continued to sell-off and is now approaching its 2018 lows. Bitcoin’s latest leg down has led to a widespread market drop that has seen many altcoins drop 3% or more over a 24-hour trading period. At the time of writing,…
Latest Ethereum News To mark the 558th of “Dies Academicus”, the University of Basel–which is one of the oldest universities in the world boosting alumni as Leonhard Euler, Daniel Bernoulli and Friedrich Miescher did award the co-Founder of Ethereum, Vitalik Buterin, with a Honorary Doctorate in Economics for “his contribution to promoting decentralization and equal…
Following a weekend of choppy trading action, the cryptocurrency markets have established a fresh leg down, erasing most of their gains incurred through the recent relief rally that sent the markets up 10% or more from their recently established 2018 lows. At the time of writing, Bitcoin is trading down 7% at its current price of…
Biggest losers in crypto for the month; Ethereum, Bitcoin Cash, EOS, Cardano, only XRP and NEM lost less than 20%. November has without a doubt been the worst month of the year for crypto markets. It marks the ninth month this year that markets have fallen and the sharpest single month decline for around four…
Ethereum has been one of the worst performing cryptocurrencies this year. But, as a technology, the project is going places. Joseph Lubin, the co-founder of the Ethereum project, recently stated about how the Ethereum blockchain ecosystem is gradually improving the financial and technological infrastructures of many developing nations. The Canadian entrepreneur, also known for founding ConsenSys,…
Key Highlights ETH price formed a decent support near $98 and recovered recently against the US Dollar. There is a major bearish trend line formed with resistance at $117 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to face a lot of hurdles near $117, $120, $$132 and $139…