Ether’s short-term pattern has turned bearish with the cryptocurrency finding acceptance under a crucial support.The native token of Ethereum’s blockchain fell more than 8% on Monday, falling below an uptrend line connecting July and September lows.Ether printed a UTC close under the widely-tracked 100-day moving average with the long-held support level of $3,900 turning into … [Read more...] about Ether Breaks Short-Term Bullish Trendline, Support Below $3.3K
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Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin
Ethereum's native asset Ether (ETH) has extended its rally on Sep. 1 to log multi-month highs against Bitcoin (BTC) and the United States dollar (USD).The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. Meanwhile, bids for ETH/USD climbed 3.4% to $3,546, the highest since May 18, showcasing a renewed upside sentiment in the second-largest … [Read more...] about Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin
16,000 ETH burned as Bitcoin finally breaks $42,000 resistance. What’s next?
16,000 ETH burned as Bitcoin finally breaks $42,000 resistance. What’s next? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › TradingBitcoin failed 3 times in the past few weeks in breaking the big resistance at $42,000, but finally it overcame the heavy resistance zone. Rohan … [Read more...] about 16,000 ETH burned as Bitcoin finally breaks $42,000 resistance. What’s next?
Elon Musk breaks his crypto hiatus by seconding Dogecoin’s fun nature
“Crypto-villan” Elon Musk has been quiet regarding cryptocurrencies in recent weeks. That was until he relapsed today by replying to a tweet from Dogecoin co-founder Billy Marcus.Dogecoin is best enjoyed when funnyMarcus tweeted that the Dogecoin narrative needs to stay funny, adding that seriousness “ruins its charm.”“IMO, $DOGE is at its best when it’s funny. Wanting the … [Read more...] about Elon Musk breaks his crypto hiatus by seconding Dogecoin’s fun nature
Ethereum poster child MakerDAO’s annual revenue breaks above $200 million
The total projected annual revenue of lending platform MakerDAO, Ethereum’s decentralized finance (DeFi) “poster child,” has exceeded $200 million over the past weekend, according to analytics website MarketBurn.“It’s a testament of efficiency and expansion of Maker protocol,” said Growth at MakerDAO lead Doo Wan Nam to CryptoSlate in the regard.MakerDAO is a decentralized … [Read more...] about Ethereum poster child MakerDAO’s annual revenue breaks above $200 million