A survey of Kraken’s VIP traders has found that most expect the price of Bitcoin to break into record highs this year.
Ethereum Price News
A large number of investors have started taking note of Ethereum (ETH), as the project created by Russian developer Vitalik Buterin has every possibility to compete with Bitcoin (BTC). ETH’s price directly depends on demand. At the beginning, few people were interested in Ethereum, as its price had only risen from $2 to $8 by 2017 and because the platform was developed by a relatively young specialist. Despite this, in 2017 alone, the price of Ethereum increased by over 100-fold and reached its maximum value of $829,99 in December 2017. According to some experts, ETH is one of the most widely spread and well-known anonymous digital currencies that allows for all kinds of operations, and thus the interest in the cryptocoin will only grow and Ethereum’s value will continue to increase. Usually, Ethereum’s price chart is shown in the ratio of ETH to USD as the latter is considered to be the most stable among fiat currencies.
- News
- Price Analysis
Many cryptocurrencies are showing signs of buying but traders are cautious as they are yet to break above their critical resistance levels.
- Market Analysis
by Tiago Vidal
Bitcoin and Ether still offer better returns than other risk assets during crypto market uptrends and both remain positively correlated with gold in bull and be...
- Market Analysis
by Tiago Vidal
Data shows that Ethereum-related tweets have a positive impact on the next days’ trading volume but what about the price?
- Markets News
A “head and shoulders” formation for XRP could spell significant losses, the veteran trader warns, as Bitcoin stays lower after its own 8% fall.
- Market Analysis
by Horus Hughes
Ethereum bulls are still pushing for $300 but the possible formation of an M-Top threatens to thwart the current uptrend.
- News
The South Korean ICO Contents Protocol has decided to fold after business failed to take off, returning a significant portion of its initial funding to the hold...
- Market Analysis
by Horus Hughes
After gaining 92% in 2020, Ethereum price remains bullish in its USD and BTC pair as investors set their sights on $300.
- Market Analysis
by Tiago Vidal
New data shows FAANG stocks offer better risk-adjusted performance than the top 3 cryptocurrencies in the market, including Bitcoin.
- Follow up
by Julia Magas
While it’s commonly believed that the price of ETH follows Bitcoin, research shows that ETH is an independent asset.
- Market Analysis
by Horus Hughes
This week the total value of USD locked in DeFi platforms topped $1 billion and Ether price broke through a key resistance to rally to a new 2020 high.
- Market Update
The Shanghai Composite Index falls 8% on opening as a huge liquidity injection by Beijing seeks to stem the fallout of coronavirus.
- Price Analysis
The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips.
- Price Analysis
Most major cryptocurrencies have resumed their up move, which shows that the rally can extend for a few more days.
- Price Analysis
Though several cryptocurrencies are stuck in a range, the trend is gradually turning positive.
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