Financial news and actionable analysis
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.
Ethereum ETHUSD trades lower today after three consecutive positive trading session as Ethereum rebounds from seven-month lows. Cryptocurrency markets crushed after PBOC last Friday argued that cryptocurrencies remain unauthorised illegal public financing, suspected of illegal sale of tokens, illegal issuance of securities and illegal fund-raising. The People’s Bank of China […]
ETHUSD was able to claw back some gains in yesterday’s trading, but is fighting to stay above a key support-turned-resistance area in its bid to regain upside momentum. ETHUSD is up 1.45% on the day, having been able to bounce off its multi-month lows and spring above the 144.97 support-turned-resistance...
Ethereum is trading lower on the day as bearish pressure continues among the major cryptocurrency pairs today. ETHUSD is presently trading at 169.40, which is very close to testing the near-term support price of 168.62. ETHUSD is now in its 4th consecutive day of weakness, and is exhibiting intense selling...
Ethereum is 0.33% higher today at $187.35 as the number two cryptocurrency continues to outperform its peers which most of them as of writing they are trading lower. ETHUSD strong rebound from September 26 lows at $153 stalled at the descending trendline which started in September 2019. Bears tested the...
Ethereum ETHUSD gives up 1.46% at $183.52 as the negative short term momentum persists below the 100-day moving average. Ethereum’s strong rebound from September 26 lows at $153 stalled at the descending trendline which started late September 2019. Sellers tested the $153 lows again at October 25 and managed to...
