Tag: ETH

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Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high

The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Ethereum’s native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world’s leading crypto by market capitalization. The ETH/BTC exchange rate jumped a little…
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Bitcoin and Ethereum Inch Higher, Altcoins Gain Momentum

Bitcoin price remained well bid above the USD 55,000 level. BTC started a fresh increase and traded above the USD 57,000 level before correcting lower. It is currently (11:54 UTC) rising and it might revisit USD 57,000 again. Besides, most major altcoins are also moving higher. ETH could attempt a fresh increase above the USD…
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Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case

ETH/BTC stays near its highest since 2018, but that’s nothing compared to its next move, one trader believes. Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes. 2-week predicts “crazy” ETH move ETH/BTC 1-month candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and…
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Bitcoin and Ethereum Remain At Risk, ADA Starts Fresh Rally

Bitcoin price failed to gain pace above USD 57,500. As a result, there was a fresh decline below the USD 56,500 level and BTC is currently (04:30 UTC) trading around this level. Besides, most major altcoins are still above key supports. ETH could decline more if there is a clear break below USD 4,450. XRP…
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Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair

Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside. This week, Ether (ETH) price reached a new 2021 high against Bitcoin (BTC), bringing its year-to-date returns slightly above 350% and according to technical analysis, the rally could extend even…
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Bitcoin and Ethereum Test Key Support, Altcoins Consolidate

Bitcoin price extended decline below the USD 56,500 support. However, BTC stayed above the USD 55,500 support. It is slowly recovering and is currently (11:30 UTC) facing resistance near 57,200. The main hurdle is still near USD 58,000. Besides, most major altcoins are trading above key supports. ETH spiked below USD 4,500, but it stayed…
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Bitcoin and Ethereum Decline, MATIC and LUNA Rally

After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500. Besides, most major altcoins are also trying to recover losses. ETH is down 5% and there was a break below the USD 4,550 support zone. XRP is now trading…
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Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the…
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Bitcoin and Ethereum Consolidate, SOL Rallies, SHIB Dives

Bitcoin price struggled to clear USD 58,500 and corrected lower. BTC is currently (11:59 UTC) declining and trading below USD 57,200. A close below USD 56,250 may perhaps spark a fresh bearish wave in the near term. Besides, most major altcoins are trading in a positive zone. ETH tested USD 4,780 before correcting a few…
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Bitcoin Stuck in a Range, Ethereum Rallies, LUNA and STX Outperform

  Bitcoin price made another attempt to gain strength above USD 58,500 but failed. BTC is currently (04:22 UTC) trading in a range above USD 57,000. To start a fresh surge, the price must gain momentum above USD 58,500…. Read More: Bitcoin Stuck in a Range, Ethereum Rallies, LUNA and STX Outperform  Read more »Pay,…
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