Ethereum

In this section, you will find important Ethereum (ETH) news, actionable trading ideas, and a live ETHUSD chart to help you with your ETH trading and investments.

Ethereum (ETH) with a capitalization of 28 billion USD at the time of writing, is the world’s second largest cryptocurrency. The ETHUSD represents how many US dollars you can buy with one ETH. Ethereum is based on blockchain technology that enables developers to build and deploy decentralized applications (Dapp) in its platform. Bitcoin (BTC) and Ethereum (ETH) operate on what is called blockchain technology; the difference between ETH and BTC is the fact that Bitcoin is just a currency based on blockchain, while Ethereum is a ledger technology platform that developers are using to build new programs. In the Ethereum universe, instead of “mining” for bitcoin, miners work to earn Ether, a type of cryptocurrency that fuels the network.

Live ETHUSD Chart


Ethereum ETH/USD News

 

ETHUSD Challenging Key Trendline Support

The crypto-fiat pair of ETHUSD continues to challenge the ascending support line seen on the weekly chart, as this week’s selloff in the cryptocurrency market continues. ETHUSD is presently trading at $212.46 (as at the time of writing), having bounced off intraday lows at the ascending support line. Technical Plays [...]
Ethereum Looking for a Break Above 254

Ethereum Looking for a Break Above 254

ETH has lost the strong momentum that started earlier April and consolidates around 250 zone.  The second largest cryptocurrency by capitalization managed to recover from the low at 225 on June 9th and breached the 50 and 100 hour moving averages giving the bulls the upper hand at least for [...]