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Ethereum
Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – April 3rd, 2021
For the day ahead
Litecoin would need to avoid a fall through the $209 pivot level to support another run at the first major resistance level at $216.
Support from the broader market would be needed, however, for Litecoin to break out from this morning’s high $214.71.
Barring an extended crypto rally, the first major resistance level and…
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Celsius customers can now buy BTC, ETH, other top cryptocurrencies with Apple Pay
LONDON, March 24, 2021 /PRNewswire/ -- Celsius, the industry-leading cryptocurrency rewards-earning platform, announces today that its 530,000+ users can now instantly purchase cryptocurrency inside the Celsius app using Apple Pay.
Powered by one of our in-app purchase partners Simplex, this integration of Apple Pay gives the Celsius community…
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Why Coinbase, Ethereum, and NEXO Jumped Wednesday
What happened
The crypto market was moving higher for most of the day on Wednesday despite the fact that the stock market was moving lower. There wasn't any major news driving token prices upward, but there were small steps toward mainstream crypto adoption. Credit Suisse disclosed in a filing that it held $31 million in…
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SNX and LDO Surge, with ETH Returning to $1,500
Key Insights:
Lido DAO (LDO) and Synthetix (SNX) lead the crypto top 100.
A crypto market decoupling from the NASDAQ 100 took place ahead of the US opening bell, with investors refocusing on crypto network news.
An Ethereum (ETH) return to $1,500 has delivered support to LDO and the broader crypto market.
Lido DAO (LDO) Stands Out in NASDAQ…
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Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry
Bitcoin (BTC) trading around $52,184.38 as of 20:00 UTC (4 p.m. ET). Slipping 4.77% over the previous 24 hours.Bitcoin’s 24-hour range: $50,458.10-$54,762.75 (CoinDesk 20)BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.Bitcoin trading on CoinbaseSource: TradingViewBitcoin traders!-->…
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Up 130% Ethereum based Akropolis ready to take more profits
While the last few weeks have been sideways moving for major cryptocurrencies, Akropolis (AKRO) had a 22.5% rally. In one year, the Ethereum-based protocol’s native token has seen gains of 5,868%, and its latest updates point to more potential.
With $27.99 million in total value locked, investors can review up to 38.73% in annual staking…
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Hut 8 Will Use Luxor’s Software to Manage New Ethereum Miners
Public Canadian mining company Hut 8 is teaming up with Luxor to use the technology firm’s software to power its new fleet of Ethereum and altcoin mining machines.The Canadian miner recently purchased $30 million worth of Nvidia’s crypto-focused graphics cards (GPUs) to mine ether and other cryptocurrencies. Hut 8’s Cryptocurrency Mining…
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ETH bears eye key support line below $1,500
ETH/USD stays depressed near lowest levels in three weeks.
Bearish MACD, failures to regain 50-day SMA favor sellers.
100-day SMA adds to the downside filters, 12-day-old resistance line offers extra challenge to recovery moves.
Ethereum fails to bounce off early March lows while taking rounds to $1,590 by the press…
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Aave tackles high Ethereum fees by building on Polygon’s layer 2 platform
With the rise of DeFi since summer 2020, the Ethereum network faced congestion and high transaction fees.
Aave aims to address high fees on Ethereum to improve DeFi's popularity.
Crypto could see mainstream adoption if fees are significantly reduced.
Aave, a decentralized lending and borrowing protocol built on the…
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BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that Tesla will not convert BTC payments into fiat but will add to its existing treasury of about 48,000 Bitcoin. Wedbush Securities analyst Dan Ives expects Bitcoin to account for less than 5% of Tesla…
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