Ethereum found support near $2,150 and started a fresh increase against the US Dollar. ETH price is showing positive signs and it could soon rally above $2,500. Ethereum formed a support base above $2,150 and recently started a fresh increase. The price is now trading well above $2,400 and the 100 hourly simple moving average.…
A report by Messari researcher Roberto Talamas explores the performance of the most important cryptocurrencies in the “ecosystem wars”. From Ethereum, Cosmos, Solana, Binance Smart Chain, DeFi seems to be moving from a “trend” to a relevant sector for any platform looking to take a share of the $55.29 billion in Total Value Locked (TVL)…
Ethereum traded to a new all-time high at $2,646 before correcting lower against the US Dollar. ETH price is now trading below $2,300, but it is likely to remain well bid above $2,000. Ethereum rallied to a new all-time high near $2,646 before correcting lower. The price is now trading well below $2,300 and the…
Ethereum remained strong above the $2,200 level and it climbed higher against the US Dollar. ETH price is back above the 100 hourly SMA and it is signaling more upsides above $2,400. Ethereum gained pace and it cleared the $2,300 resistance zone. The price is now trading well above $2,300 and the 100 hourly simple…
2021 will prove a pivotal year for Cardano, Polkadot, and Ethereum. While each has its merits, competition between the trio starts to heat up as we head into mid-year. Alonzo is on track for an August release, bringing smart contracts to Cardano. Polkadot is racing to finish parachain rollouts to enable on-chain governance. At the…
IBM’s partner IPwe will tokenize patents as non-fungible tokens (NFTs), according to a press release. The company will build an infrastructure to store the NFTs. The objective is to improve the way patents are traded. IPwe hopes to “bring new liquidity to this asset class for investors”. Hosted on IBM Cloud, IPwe’s platform operates as…
Ethereum failed to recover above the $2,300 resistance zone against the US Dollar. ETH price is moving lower and it is likely to accelerate lower below the $2,000 support. Ethereum failed to move above the $2,300 zone and started a fresh decline. The price is now trading well below $2,200 and the 100 hourly simple…
Ethereum started a sharp downside correction below $2,400 and $2,300 against the US Dollar. ETH price is correcting losses, but it is likely to face sellers near $2,300. Ethereum declined heavily from well above $2,400 and tested the $2,000 zone. The price is now trading well below $2,300 and the 100 hourly simple moving average.…
The Ontario Securities Commission (OSC) from Canada has approved four Ethereum Exchange Traded Funds (ETFs) to be launched on April 20, 2021. The financial products were petition by CI Global Asset Management, Galaxy Digital, Purpose Investments, and Evolve ETFs. Three months ago, Canada became the first country in North America to approve a Bitcoin ETF.…
Ethereum climbed further above the $2,500 level against the US Dollar. ETH price is correcting gains, but it is likely to remain stable near $2,350 and the 100 hourly SMA. Ethereum gained pace above $2,500 and it traded to a new all-time high near USD 2,548. The price is now trading well above $2,400 and…