Summary of the situation The ETH price forecast shows Ethereum currently changing hands above $2,500, with signs of further growth. A decisive close above resistance at $2600 could trigger an upward move towards $3000. The convergence of the moving averages confirms the current bullish version and points to a continuation of the rise. During the recent stock market crash, Ethereum, like many other cryptocurrencies, suffered significant losses. During last week’s trading activity, the ETH dipped below the $2000 level, a support level that coincides with the 200 simple moving average on the 12-hour price chart. Nevertheless, the region has played…
Author: Gordon James
Gordon James
Gordon James is a crypto journalist who loves to write about the latest news and trends in the blockchain world. He has been following the cryptocurrency space since early 2017, and is fascinated by the potential that blockchain technology has to change the world. In his free time, Gordon enjoys hiking and spending time with his dog, Tucker.
While we know that cryptocurrency is the new gold rush, it’s hard for the average person to understand just how to get involved. There are so many different markets to choose from, and you could easily get lost in the mess. That’s why we’re here to make sense of it all. Our blog contains all the lists, tips, and information you need to know to send your money into the crypto market. The Drumpfs hit the market this week, and they will be hitting store shelves as early as next week. This is the first product of its kind and…
Hey there! Before reading the article which is about Shark Tank’s Kevin O’Leary Says ‘Bitcoin Will Always Be the Gold,’ Citing Interest From ‘All Kinds of Institutions’, you should read about bitcoin news today. It shares basic information about this article and also adds more value to it. Do let us know how you feel about it in the comment section below. Happy Reading! Really glad that you are here. Although renowned venture capitalist and Shark Tank star Kevin O’Leary has previously suggested that bitcoin is a bubble set to burst, he has recently changed his tune, declaring that the…
Chinese smartphone and internet app maker Meitu has announced a $10 million bitcoin purchase for its vaults, after acquiring the digital asset twice last month. The company currently holds $100 million in cryptocurrencies in Ether and Bitcoins. Meitu stacks an additional 175 Bitcoins, or $100 million in crypto, on hisbalance sheet. Meitu revealed another purchase of cryptocurrencies after announcing two purchases last month. According to the report, Meitu HK, which is listed on the Hong Kong Stock Exchange, has the 8. April 2021 over 175 BTC. The company said it paid $10 million for the acquisition, and as of today,…
A new cryptocurrency called Chia has been widely covered in the media, but the coverage doesn’t tell you how to get your hands on some. Chia is a “green” cryptocurrency, meaning it is created using an environmentally friendly proof-of-work process called proof-of-resource, and it’s the first cryptocurrency that can be mined at home. A new cryptocurrency that aims to fix the environmental problems of the more well-known Bitcoin has officially launched—and you can mine the coins at home. The creators of Chia Network hope that Chia will solve the problem of Bitcoin’s massive energy consumption, which is the equivalent of…
Hey there! Before reading the article which is about Award-Winning Carbon Broker to Assist XELS With Offset Procurement and Strategy – Press release Bitcoin News, you should read about bitcoin news today. It shares basic information about this article and also adds more value to it. Do let us know how you feel about it in the comment section below. Happy Reading! Really glad that you are here. It looks like carbon offsetting will never go away, as our carbon footprint only continues to grow. It is one thing to offset your own carbon emissions, but it is another thing entirely to…
Summary of the situation The European Investment Bank plans to issue a virtual bond worth EUR 100 million.With these European obligations, a reduction in the supply of Ether will be inevitable. Ethereum has reached a new high in its sales and investment pipeline. Ethereum is the second most popular cryptocurrency and has recently gained even more notoriety due to its new growth. This upward trend is due to the news that Ether will offer European bonds. Reuters News reports that Bloomberg reported Tuesday that the European Investment Bank plans to issue a two-year virtual bond worth 100 million euros, which…
The Seoul Metropolitan Government’s tax department in South Korea has reportedly seized about $25 million worth of cryptocurrencies from hundreds of cryptocurrency investors with back taxes. Cryptocurrencies, including bitcoin, were seized on three exchanges. The IRS is currently prosecuting hundreds of other taxpayers for not paying their taxes. Crypto tax receipts Seoul’s capital government announced Friday that it has seized the cryptocurrencies of hundreds of people who do not pay taxes, Yonhap reported. Three cryptocurrency exchanges have been identified by the city’s tax department with 1,566 people, including executives. So far, tax authorities have seized the coins of 676 people…
The price of bitcoin broke a new record Saturday morning, reaching $60,120 each around 6:25 a.m. (ET). Bitcoin currently has a market valuation of $1.120 trillion and a dominance rate of approximately 61.9%, while Ethereum now controls nearly 12% of the capitalization of all 8792 digital assets in the $1.7 trillion crypto economy. The price of bitcoin (BTC) reached a new high of $60,120 per BTC on Sunday, March 13, 2021. In the last 24 hours, BTC is up 6.9% and in the last seven days, it is up over 23%. The current global trading volume of BTC is about…
The price of bitcoin (BTC) reached a new all-time high above $60,000 over the weekend. However, the same cannot be said for Ether (ETH), and the market as a whole has not shown much strength to continue after this. As a result, the price of BTC has fallen by 7% in the past 24 hours. During this downturn, the ETH also fell in its USD pair. However, the ETH/BTC pair has seen a rise. Maybe altcoins are trying to stabilize against BTC now that bitcoin is losing some of its huge weekend gains. I wonder if this could be a…