Yesterday the ETH USD pair rallied above the $138 resistance levels to reach its new highs near 148$ where the bearish reaction was triggered. Currently trading at 144$, ETH USD pair is facing heavy resistance near 148$. If bears continue to gain strength, they may try to push it further...
Last week, trading volumes and prices of cryptocurrencies were not the only ones to see an upward movement. dApps in the last 7 days experienced a growth of 27% in transaction volume. Most of the gains in the last 7 days were observed in EOS based dApps, a rise of 37%...
In the past few sessions, ETH USD pair gained strength and broke key resistance levels at 124$ and $128. The price reached 138$ near the 61.8% Fib retracement level from previous month 100$ low to 160$ high. Currently trading at 134$, ETH price is gaining strength above the $132 support...
Starting this April purchases using Visa and Mastercard may get costlier (Source: Reuters). Change in fee structure will largely affect merchant banks (like Citigroup, JPMorgan etc) who maintain accounts for U.S. retailers. However, it is up to these merchant banks if they want to absorb it themselves or pass on...
Last week, we saw an upward move in BTC price breaking the $3,500 resistance levels to give a new yearly high at $3,710. A break just above the 50% Fib retracement level from the previous wave low at $3,350. Majority of the cryptocurrencies experienced a double-digit gain, however, Stellar remained...
2018 was the first momentum year for dApps usage. At the beginning of 2018, DEX was the key contributor in the dApp market by transaction volume. Cryptocurrency in high demand proved decentralized exchange as one successful use case for dApps. However, in the latter part of 2018, Gambling apps dominated...
In the centralized traditional banking system, transferring money is time-consuming, requires intermediaries which takes a service fee and subject to heavy regulation for the prevention of fraud. Bitcoin removes middlemen while increasing security and many hope one day Bitcoin fits in our existing financial system. It can process transactions in...
BTC Support level: Last week on Friday, we saw an upward move in BTC price breaking the $3,500 resistance levels to give a new yearly high at $3,710. A break just above the 50% Fib retracement level from the previous wave low at $3,350. At the moment, the $3,585 level...
Currently, ETH has 50 Million+ registered wallets, followed by Tron and EOS which have approx 1 Million+ each registered wallets. Most of these ETH wallets are for the store of value. Very few users proportionally have experienced the dApps built in these platforms. Today total 2000 dApps exist which has...
Yesterday we saw a downside reaction in ETH price below the previous support level of 105$. Based on the hourly chart analysis, the RSI is nearing towards the over-bought range and may trigger a short term sell-off near the range of 105$. From the daily RSI level, ETH is nearing...
