Ether | Crypto Profit Bot

Top 5 cryptocurrencies to watch this week: BTC, ETH, ICP, AAVE, LUNA

July 25, 2021

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Bitcoin’s (BTC) recovery is facing stiff resistance near the $35,000 mark but Bloomberg Intelligence senior commodity strategist Mike McGlone remains bullish. In his latest analysis, McGlone said that the probability of Bitcoin hitting $60,000 is greater than the price dropping to $20,000. Institutional investors seem to be using the weakness in Bitcoin to build their […]

Texas crypto users will soon be able to buy and sell tokens at major supermarket chain

June 18, 2021

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The state is already becoming known for attracting miners and attempting to pass pro-crypto legislation, with Governor Greg Abbott saying he was a “crypto law proposal supporter.” 5973 Total views 61 Total shares Shoppers wanting to cash out their crypto holdings to buy groceries may soon be able to do so at many H-E-B supermarkets […]

Could DeFi-powered banks become an unstoppable force in finance?

May 19, 2021

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For decades, a lack of innovation has stifled the banking sector. We still live in a world where cross-border payments can take several days, and inefficient algorithms deny loans to consumers who can afford to pay them back — all because they don’t fit inelastic requirements that aren’t reflective of the 21st century. It’s been […]

Ether options open interest grows 80-fold amid rising institutional appetite

April 27, 2021

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Open interest in Ether options trading has increased from $50 million to $4 billion over the last year. 9240 Total views 34 Total shares The massive growth of Ethereum’s futures and options arena is reportedly pointing toward significant institutional involvement in the second-largest cryptocurrency by market capitalization. According to a recent report by crypto investment […]

Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%

April 22, 2021

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Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%. 7584 Total views 66 Total shares Ether (ETH), the largest altcoin by market capitalization, hit new all-time highs on April 22 despite a bearish phase sweeping through Bitcoin (BTC) and other cryptocurrencies. ETH/USD 1-hour candle chart (Bitstamp). […]

Ethereum breaks out vs. Bitcoin: Why one trader says ETH/BTC looks ‘absolutely insane’

April 21, 2021

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Ether (ETH) price is seeing green in its Bitcoin (BTC) pair on April 21, reaching the highest levels since early February. Given the technical breakout of ETH/BTC, traders are beginning to expect a strong rally in the foreseeable future. During the first two weeks of April, ETH was outperformed by Binance Coin (BNB), the native […]

The major Ethereum support area is $1,800 but weaker than Bitcoin‘s — Analyst

April 9, 2021

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The price of Ether (ETH) is hovering near its all-time high once again, while Bitcoin (BTC) is still far from surpassing its record high at $60,805. But despite ETH demonstrating strong technical momentum and entering price discovery, on-chain analysis finds that its support is “narrower” than Bitcoin’s. Simply put, ETH faces a bigger risk of […]

Bitcoin beats out final resistance as Ethereum returns to $2K

April 2, 2021

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The two largest cryptocurrencies revisit significant price levels with sellers rapidly disappearing from exchange orderbooks. 17757 Total views 153 Total shares Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price taps $60,000 Cointelegraph Markets Pro […]

Latvian airline airBaltic adds Dogecoin and Ether as payment options

March 29, 2021

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The national carrier began accepting crypto payments in 2014. 5132 Total views 34 Total shares Passengers flying with Latvian airline airBaltic now have more cryptocurrency payment options. According to an announcement on the airline’s website on Monday, passengers can now pay for flight tickets using Ether (ETH) and Dogecoin (DOGE). Other accepted digital currencies include […]

Ethereum fails to break out vs. Bitcoin as Treasury yields soar — Will ETH relief rally?

March 18, 2021

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Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18. There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level. First, BTC rallied strongly in a short squeeze after the majority […]

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Category: Ether