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Ethereum Hits Address Milestone But Activity and dApp Usage Down

Latest data indicates that Ethereum has reached a milestone in terms of unique addresses surpassing 50 million. While this news is a good sign for growth the actual number of active addresses has declined quite substantially. 50 Million Ethereum Addresses Metrics from etherscan indicates that Ethereum crossed 50 million addresses over the weekend. During its peak in early January Ethereum ...

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Bitcoin Price Watch: BTC Hesitates, But Recovery Seems Likely

Key Points Bitcoin price found support near the $3,125 level and later recovered against the US Dollar. There is a major bearish trend line formed with resistance at $3,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to correct towards $3,320 if there is an upside break above the $3,220 resistance. Bitcoin ...

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Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis

Key Points The total crypto market cap declined below the $100.00B support before buyers appeared near $96.5B. EOS price is currently consolidating below the $2.00 resistance area. Bitcoin cash price is trading above the $80.00 support with a tiny bullish angle. Tron (TRX) is still above the $0.0130 support level. Cardano (ADA) price seems to be preparing for an upside ...

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Ripple Price Analysis: XRP Could Retest Lows Before Higher

Key Highlights Ripple price recovered recently, but it faced sellers near $0.2900-0.2910 against the US dollar. There is a major bearish trend line formed with resistance at $0.2860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps decline further to revisit the $0.2800 support area in the near term. Ripple price is facing ...

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Ethereum Price Analysis: ETH Could Turn Bullish Above $90

Key Highlights ETH price recovered recently, but it failed to break the $88 resistance against the US Dollar. There is a major bearish trend line formed with resistance at $87 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $87, $88 and $90 resistance levels to move into a positive zone. Ethereum price is ...

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ICOs Continue To Liquidate Ethereum (ETH) War Chests Amid “Crypto Winter”

Since 2018’s cryptocurrency “winter” came into existence, tokens generated via initial coin offerings (ICOs) have severely underperformed their macro cap counterparts, namely Bitcoin (BTC) and Ethereum (ETH). This has led a multitude of projects, who formerly relied upon their ICO-funded war chests, to take drastic measures in a bid to stay afloat. ICO-funded Projects Sell 416,000 Ethereum (ETH) In Past 30 Days  ...

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Circle CEO: Bitcoin Price Will Boom In Years To Come

As the Bitcoin price has fallen throughout 2018, investors have sought solace in chaotic waters. Case in point, consumers en-masse have latched onto institutional forays, promising crypto-centric platforms, and ambitious price predictions from this industry’s finest in a bid to stay afloat. Investors’ thirst for the latter was quenched on Friday, as Jeremy Allaire, CEO of the Boston-based fintech upstart Circle, ...

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Hong Kong Bitcoin Wiz Throws Millions From Rooftops, Subsequently Arrested

Crypto enthusiasts are always deemed a bit nutty by the public. Bitcoin, specifically to them, is an abstract concept that often represents little-to-zero intrinsic value, and altcoins aren’t much better. And unfortunately, the public’s negative conjectures towards the cryptosphere were confirmed on Saturday, as a Hong Kong Bitcoin millionaire dispensed millions of the local currency onto the public in an ...

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