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Retail Interest in Ethereum Skyrockets as Small ETH Addresses on the Rise

Retail Interest in Ethereum Skyrockets as Small ETH Addresses on the Rise

January 18, 2021 , , , , , , , Eddy 0

The interest in Ethereum from retail investors has skyrocketed in the past few weeks. Apart from the Google searches reaching all-time high levels beyond the 2017/2018 craze, the number of wallet addresses with relatively small ETH portions has seen new records as well. Google Trends Sees ATH For Ethereum Searches Google trends data is typically […]

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Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)

Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)

January 18, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

BTC’s somewhat adverse weekend ended with the asset bottoming below $34,000, but bitcoin has bounced off since then and topped $36,000. New all-time highs for Binance Coin and Chainlink have helped the market cap to conquer the coveted $1 trillion level again. Bitcoin Tops $36K The primary cryptocurrency was riding high above $38,000 before the […]

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Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report

Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report

January 17, 2021 , , , , , , , , , , , , Eddy 0

In its annual report on the developments within the cryptocurrency field, the popular monitoring resource CoinGecko asserted that the top 30 coins by market cap added on average 300% in 2020.  Moreover, the paper noted that the most widely-used stablecoins had neared $30 billion in circulation after a 440% surge. 2020: Best Price Performers CoinGecko’s […]

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Polkadot [DOT] Price Analysis: DOTUSDT Gains 295% Riding Strong Bullish Volatility Expansion into Price Discovery

January 17, 2021 , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

DOT price is having an impressive bullish expansion as in last few days it breached key POC S/R. DOTUSDT price action has managed to post multiple percentage gains with no clear signs of topping out as of yet. Key takeaways: Key Weekly S/R Flip, POC technical confluence Bullish Engulfing Price Action Close Price Discovery Mode […]

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Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%

Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%

January 17, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin’s bloody weekend continued with substantial price declines as the primary cryptocurrency dipped beneath $35,000, for the second time in 3 days. In contrast, remarkable gains for Cardano (ADA) and another all-time high for Polkadot have sent BTC’s dominance over the market to about 66%. Bitcoin Loses More Than $3K In 24H Just a few […]

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Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

January 16, 2021 , , , , , , , , , , , , , , Eddy 0

Grayscale Investment has done it again with another record-breaking quarter. In its Q4 2020 report, the leading digital asset manager informed that institutional investors had allocated over $3 billion into its product, with Bitcoin accounting for the most significant part. $3.3B Invested In Grayscale In Q4 2020 Despite the challenges that 2020 brought to the […]

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ETH Soars Towards $1300: Only 11% Away From ATH (Ethereum Price Analysis)

ETH Soars Towards $1300: Only 11% Away From ATH (Ethereum Price Analysis)

January 16, 2021 , , , , Eddy 0

ETH/USD – Bulls Return To Bearish .886 Fib Resistance. Key Support Levels: $1,200, $1,165, $1,100. Key Resistance Levels: $1,300, $1,350, $1,392. Ethereum saw a whipsaw-like action in trading this week after starting above $1,300 and dropping into the $1,050 support (.382 Fib Retracement). From there, it rebounded on Wednesday as it pushed higher but became […]

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Polkadot [DOT] Flips XRP Again for fourth Spot, DOT Price Outshines Major Crypto’s in Weekly Gains

January 16, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Polkadot’s native DOT token price registered a new all-time high of 16.92 while flipping XRP for the fourth spot in market cap again this morning. The fourth-largest cryptocurrency by market cap is currently in price discovery mode having already gained more than 21% over the past 24-hour. Source: CoinmarketCap DOT Price Gains Outshine all Major […]

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Bloomberg: Imperative for Bitcoin (BTC) to Surge If Ethereum (ETH) Has to Cross $1300

January 16, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin (BTC) and Ethereum (ETH) have slowly covered up the lost ground after their tumultuous price fluctuations on Friday, January 15. Off lately, the world’s two biggest cryptocurrencies have been moving in tandem with each other. Bloomberg analyst Mike McGlone writes that Ethereum (ETH) is currently eyeing levels above $1300 as long as BTC continues […]

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ETH Price Analysis [WoW]: Ethereum Price Trading at key Pivot, Oscillators Indicate Strong Momentum Despite Overbought Conditions

January 16, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

ETH price breaking key weekly resistances and confirming them as support. Breach of ETH price discovery is to be backed with increasing volume. Oscillators suggesting strong momentum still present despite overbought conditions. ETH price is currently trading at a true pivot where a bullish weekly candle close will greatly increase the probability of breaking into […]

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