|Day's range||239.02 - 249.577|
|52-week range||119.78 - 361.40|
|Volume (24 hrs)||23.49B|
|Volume (24 hrs) all currencies||23.49B|
Bitcoin and other cryptocurrencies are tumbling along with stocks, calling into question the narrative that crypto is a safe haven asset class.
Ethereum is on the brink of a major breakout after continuing to close daily candles above the crucial $257 level of support. It has now closed four of its previous 10 daily candles at $257 to demonstrate bullish strength in this region. Initial targets to the upside remain at $269 and $290 - both of which have acted as points of resistance over the past few weeks. With Ethereum trading above all major moving averages, coupled with the recent exponential moving average golden cross, it seems to be aiming towards an extended rally over the coming months. An eventual breakout from $290 would open the floodgates for a rally towards 2019's yearly high of $365. Ethereum has also started to formThe post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.
It’s back into the red for the majors. Heavier losses could be on the cards should the majors fail to move through key levels by the early afternoon.
It’s back into the red for the majors. Failure to move through key levels by late morning could well lead to heavier losses on the day.
It’s a bearish start to the week, with Bitcoin unable to hold onto $10,000 levels early in the day. A Bitcoin move through to $9,880 levels would signal a rebound.
It’s been a mixed start to the day. Failure to move back through to key levels by late morning could see the majors take a bigger hit on the day.
While it’s a bullish start to the day, a number of the majors have seen their early gains erode. That could test the majors later in the day.
Support kicks in early across the crypto board. Failure to move through to key levels by late morning could test the resilience, however.
It’s a bearish start to the day for the majors. Expect Bitcoin to provide direction later in the day. A move through Tuesday’s highs would signal a breakout.
After a choppy start, the majors move into the green. Failure to move through to key levels could lead to a reversal, however…
Decentralized finance (DeFi) lending protocol bZx has just been exploited. While the exact amount of lost ether (ETH) is not yet known, bZx co-founder Kyle Kistner said: “a portion of ETH [has been] lost.”The post DeFi lending protocol bZx exploited, ‘a portion of ETH lost’ appeared first on The Block.
Crypto exchange Binance's Singapore unit has applied for a license under the country’s new Payment Services Act, which came into force on January 28.The post Binance Singapore has applied for a license under the country’s new payment law appeared first on The Block.
It’s deep red for the majors at the start of the week as the bearish week spills into the early hours of Monday. It could be a messy few days…
After a bearish weekend, the majors are struggling at the start of the week. Bitcoin would need to return to $10,000 levels to resume the upswing.
Ethereum co-founder Vitalik Buterin spoke at ETHDenver in Colorado on Saturday.The post Vitalik Buterin talks Ethereum 2.0, DeFi, and community at ETHDenver appeared first on The Block.
The Bitcoin held above $10,000 for a few days, and that’s the good news. The ability to stay above the threshold also supports the demand for altcoins.