Cryptocurrency Chart Analysis - Bitcoin, Ripple, Litecoin And Ethereum
Get daily market analysis from our in-house experts Choose from more than 25 webinars each week Put your questions to our experts in real-time Q&As Register now Want to hold off on improving your trading? Click here to dismiss. With your broad range of free expert guides, you'll explore: The basics of forex trading and how to develop your strategy Foundational knowledge to help you develop an edge in the market What's ahead for major FX pairs, Gold, Oil and more Download a Free Guide Want to hold off on improving your trading? Click here to dismiss. Cryptocurrency Chart Analysis - Bitcoin, Ripple, Litecoin and Ethereum Fundamental analysis and financial markets. Bitcoin, Ripple , Ether, Litecoin - News and Talking Points - Bitcoin and Ripple Continue to Struggle. - Ethereum and Litecoin May be Finding Short-term Support. To see how traders are currently positioned in cryptocurrencies and what it means for the market looking ahead, check out the IG Client Sentiment page. Bitcoin has had another struggle this week with the price falling back to this weeks low ahead of the weekend.Upside remains limited with resistance around $9,260 acting as a strong barrier, while the downside target of $6,000 remain intact after BTC broke the 78.6% retracement level at $8523. The stochastic level has also turned lower from its current extremely overbought level, leaving further downside on the cards. Bitcoin is also in the process of forming a very negative death cross formation which would add extra credibility to calls for lower prices. Bitcoin (BTC) Price Chart in US Dollars(November 1, 2017 March 23, 2018) Ripple Remains Weak and May Re-Test Recent Lows Another token that seems unable to push higher with last low around $0.54 the first target. Below this the December 22 low of $0.4 Continue reading >>
Coinbase Glitch Allowed Unlimited Ethereum Balances
Coinbase Glitch Allowed Unlimited Ethereum Balances On March 21, the San Francisco based exchange Coinbase publicly revealed an ethereum balance glitch that allowed users to manipulate their account balances. Researchers noticed that, by utilizing a smart contract, a person could add as much ethereum as they wanted to their account. Also Read: Survey Says 8% of the American Population Now Own Cryptocurrency Smart Contract Manipulation Allowed Unlimited Ethereum Balances on Coinbase Just recently researchers had found a vulnerability within the Coinbase platform that allows a user to add as much ether as they want to their accounts by using a smart contract. The bug was revealed to the public on March 21 but the issue had existed since December of 2017. Coinbase rewarded the Dutch research analysts firm, Vicompany with a $10,000 reward after it discovered the glitch. The researchers noticed an issue with our ETH receiving code when receiving from a contract. This allowed sending of ETH to Coinbase to be credited even if the underlying contract execution failed, explains the San Francisco trading platform. The issue was fixed by changing the contract handling logic Analysis of the issue indicated only accidental loss for Coinbase, and no exploitation attempts. Not the Only Exchange With an Unlimited Coin Glitch According to Vicompany , a malicious actor could manipulate their ether balance by using a smart contract to distribute ether throughout a set of wallets. Vicompany explains that if one of the internal transactions fail all transactions prior would be reversed. However, on the Coinbase interface, the transactions did not revert. The third party researcher states on the disclosure: On Coinbase these transactions will not be reversed, meaning someone could add as mu Continue reading >>
Crypto Exchange Coinbase Adds Support For Ethereum-based Tokens
Crypto Exchange Coinbase Adds Support for Ethereum-Based Tokens Coinbase Inc., which owns one of the largest U.S. cryptocurrency trading platforms, is opening the door to offering digital tokens based on the Ethereum network. The San Francisco-based company said it will support Ethereums ERC20 technical standard on its platform in the coming months, according to a blog post the firm published Monday. ERC20 is the technical standard used to build Ethereum-based tokens , such as EOS, Qtum, OmiseGo and Bancor. There are more than 50,000 ERC20 token contracts, according to Etherscan website. This paves the way for supporting ERC20 assets across Coinbase products in the future, though we arent announcing support for any specific assets or features at this time, the post said. Coinbase trades Bitcoin, Bitcoin Cash, Ether and Litecoin on its GDAX exchange. The move comes less than three weeks after the U.S. Securities and Exchange Commission said platforms serving as venues for digital assets that are securities will need to register with the agency as a national exchange, or qualify for an exemption. Coinbase says its exempt from SEC registration requirements as they do not list assets that could be considered securities. Continue reading >>
Bitcoin, Ethereum, And Major Cryptocurrencies Are At Serious Lows For 2018
Bitcoin, Ethereum, and major cryptocurrencies are at serious lows for 2018 The worlds biggest cryptocurrencies were at fresh lows this morning, following a downward trend in value in recent weeks. Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin the largest currencies by market share were all in the red at the time of writing. The price lows follow a turbulent 2018 for the cryptocurrency market, which included Facebook , Google , and Twitter banning cryptocurrency ads on their platforms. Facebook said there are many companies advertising binary options, ICOs, and cryptocurrencies that are not currently operating in good faith. The cryptocurrency market and Bitcoin in particular has been hit by several large scams in recent months. This includes the collapse of BitConnect , which was called cryptocurrencys biggest scam, and the disappearance of BTC Globals master trader Steven Twain. BTC Globals implosion hit closer to home for many compared to BitConnect, with the Hawks stating that multiple South Africans lost substantial amounts of money in the scam. The cryptographic nature of tokens like Bitcoin and Ethereum means fraudsters can exploit the currencies for illegal gains, which is among the reasons national governments are looking to regulate the market. According to a recent article by Bloomberg , countries with a big influence on the cryptocurrency market are looking to crack down on the systems which has created concern among investors. China, previously a global hub for cryptocurrency trading, now leads the world in cracking down on it. It has outlawed digital-asset exchanges and ICOs, blocked online access to overseas trading platforms, and cut off power to Bitcoin miners, stated Bloomberg. South Korea is also tightening oversight, as it works on a comprehe Continue reading >>
Ethereum Price Technical Analysis Can Eth/usd Hold This?
Ethereum Price Technical Analysis Can ETH/USD Hold This? ETH price is struggling to correct higher and is currently trading below $540 against the US Dollar. There is a crucial bearish trend line forming with resistance at $530 on the hourly chart of ETH/USD (data feed via Kraken). The pair is holding a major support zone at $508-513, which holds the key in the near term. Ethereum price is under pressure against the US Dollar and Bitcoin. ETH/USD remains at a risk of more losses below the $508 level if it fails to move above $530. There was no major upside recovery above $540 in ETH price against the US Dollar. The price declined and moved below the $530 and $525 support levels. It is now trading well below the $540 level and the 100 hourly simple moving average. The downside pressure was such that the price formed many bearish structures below $540. However, the price is still holding the $500 support zone. There are two important support levels on the downside at $508 and $513. On the upside, an initial resistance is around the 23.6% Fib retracement level of the last decline from the $590 high to $506 low. Moreover, there is also a crucial bearish trend line forming with resistance at $530 on the hourly chart of ETH/USD. The same trend line resistance is near the 100 hourly SMA and the mentioned Fib level. Above the $530 resistance, the next hurdle is around the 50% Fib retracement level of the last decline from the $590 high to $506 low at $548. Only a close above the $548-550 zone could push the price back in the bullish zone. On the downside, a break below the $508 support and close below $500 may call for more losses. Hourly MACD The MACD is now placed nicely in the bearish zone. Hourly RSI The RSI is currently below the 50 level. Continue reading >>
Ethereum Price Forecast: Ether Dips Below Key Support
Ethereum Price Forecast: Ether Dips Below Key Support Ether dipped below a key support at $510.00 against the US dollar. ETH/USD remains in a bearish zone with resistances near $515.00 and $525.00. Ethers price failed to hold the $510.00 and $500.00 support levels against the US dollar. A significant bearish trendline with current resistance at $515.00 is intact on the 2-hour chart of ETH/USD. ETH/BTC is holding the 0.0600BTC support, which is a positive sign. Technically, the 2-hour chart indicators are gaining downward momentum in the bearish territory. In the weekly analysis, we discussed the importance of the $500.00 support in ETH/USD. The pair failed to hold this level and declined further. On a positive note, ETH/BTC is still holding the 0.0600BTC support. Should the pair close below 0.0600BTC, the price could accelerate declines in the short term. Looking at the 30-minute chart of ETH/USD, there was a clear bearish break below a horizontal support at $518.00. As a result, there was a sharp drop and the price broke the $510.00 and $500.00 levels. A new weekly low was formed at $477.31 before buyers appeared. The last three 30-minute candles are pointing to signs of a recovery. However, there are many hurdles, such as $500.00 and $510.00. Moving up to the 2-hour chart, it seems like ETH/USD failed to break a significant bearish trendline with current resistance at $515.00. The current technical structure will remain negative as long as the price is below $515.00, but a successful 2-hour close above this level may perhaps decrease the current bearish pressure and open the doors for a fresh upward wave. On the flip side, the recent low of $477.31 may act as a decent support, the next buy zone being around $450.00. Overall, Ether could consolidate in the short term Continue reading >>
Ethereum (eth) Bloodbath Continues Whats Next?
Ethereum (ETH) Bloodbath Continues Whats Next? South Korea and Japan related news combine to strike Ethereum (ETH) prices. Ethereum is feeling the heat and prices are staying down, threatening to fall to new lows. ETH prices have continued to teeter towards the unknown as the bearish bite from Japan and South Korea keeps up the pressure. ETH dipped on news that Japans Financial Services Agency (JFSA) was to officially warn Binance for operating within its borders without a license. The Korean counterparts chipped in with the indication that they would intensify their fight against the use of cryptocurrency in money laundering activities. Sentiment from two of the largest cryptocurrency markets is affecting Ethereum (ETH) big time. Its difficult to think that investors were upbeat only days ago as the market looked up. But confirmation by Binance CEO Changpeng Zhao that indeed they had received a letter has left investors panicking. Ethereum is one of those experiencing a steady downtrend, going down -3.03% against the USD to trade at $511 on Friday at 2.00 GMT. But the biggest change was in its 24h change where the crypto was down -15.98% against the US dollar. The sudden fluctuation of investor emotion isnt helping the biggest two cryptocurrencies. And its ETH that is teetering towards the abyss. What will it take for ETH to stay above $500? Trading in the opening hours saw the price of Ethereum (ETH) briefly fall to about $509 before a weak recovery attempt pushed it slightly up to $519. The upside didnt last though, the price dropping sharply back to $511, and has hovered between $507 and $515 since (By the time of writing). The worst scenario for Ethereum would be for it to break below $500. This will mean that the price can go on to reach its lows of $453. Ethereu Continue reading >>
Ethereum Price Chart, Market Cap, Index And News - Investing.com
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Ethereum Plunges To Its Lowest Price Of 2018
Ethereum plunges to its lowest price of 2018 Ethereum was trading at $451 early Tuesday, its lowest price the year so far. The second-largest cryptocurrency by market cap has lost 39% since the start of the year Ethereum hit its lowest price of 2018 so far, bottoming out at $451.19 per token, early Tuesday, according to Markets Insider data. The second-largest cryptocurrency by market cap's previous low was $460 per token, set just over a week ago on March 18, according to historical data from CoinMarketCap.com . This year has been a marked departure from 2017 for all cryptocurrency. Even the flagship bitcoin, whose meteoric rise in 2017 led to a frenzy of investment and media interest, is down 41% since January 1. The prices of many of the major cryptocurrencies tend to trade in tandem with one another, something Goldman Sachs said in February was " contrary to what one would expect in a rational market. " Since the beginning of 2018, the total market for cryptocurrencies has more than halved and is currently just $301 billion, according to CoinMarketCap, after starting the year at $608.2 billion. Continue reading >>
Ethtrader: The Ether News, Tokens, Memes, Staking, Economics, Trading, And Investing Hub.
Welcome to /r/EthTrader , a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. New to Ethereum? Read our FAQ .For the discussion of tech and application development using Ethereum, go to the official sub at /r/ethereum . Read our rules before posting. If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy . User flairs or tokens in the ticker are not an endorsement. Please use due diligence when choosing an investment. Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Public Mod Logs | News Timeline | Education | Comments You can correct innacurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, Neo, Eos: Price Analysis, March 26
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 26 Technical analysis on top 9 cryptocurrencies. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. During a bear market, fear grips the investors, resulting in a long liquidation. While some believe that the bubble in Bitcoin has burst, others believe that the current fall is only a correction, which will lead to higher prices later in the year. Founder and chairman of investment firm LDJ Capital, David Drake believes that Bitcoin will rally to $30,000 by the year-end. That is a whopping 262 percent return from the current levels. Jack Dorsey, the CEO of Twitter and Square, believes that Bitcoin can replace the fiat currencies within a decade. A few positive voices in a sea of gloom is a welcome change. Lets see if the short-term picture is improving or not. Though Bitcoin broke out of the descending channel on March 20, it could not cross above the 20-day EMA. Currently, prices are again threatening to dip back into the channel, which is a bearish development. Our long positions initiated at $8,800 are trading under a loss. As the setup looks negative, we suggest booking a loss on 50 percent of the open positions and holding the rest with the stops at $7,600. The next support on the downside is the March 18 lows of $7,715, below which, a retest of the February 06 lows of $6,075.04 is possible. Our bearish view on the BTC/USD pair will be invalidated if prices breakout and sustain above the 50-day SMA. Ethereum is in a strong down Continue reading >>
You are responsible for your own computer security. If your machine is compromised you will lose your ether, access to any contracts and possibly more. You are responsible for your own actions. If you mess something up or break any laws while using this software, it's your fault, and your fault only. You are responsible for your own karma. Don't be a jerk and respect the rights of others. What goes around comes around. The user expressly knows and agrees that the user is using the Ethereum platform at the users sole risk. The user acknowledges that the user has an adequate understanding of the risks, usage and intricacies of cryptographic tokens and blockchain-based open source software, eth platform and ethereum The user acknowledges and agrees that, to the fullest extent permitted by any applicable law, the disclaimers of liability contained herein apply to any and all damages or injury whatsoever caused by or related to risks of, use of, or inability to use, ethereum or the Ethereum platform under any cause or action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that neither Stiftung Ethereum (i.e. Ethereum Foundation) nor Ethereum team shall be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data that occurs as a result. Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for certain types of damages. Therefore, some of the above limitations in this section may not apply to a user. In particular, nothing in these terms shall affect the statutory rights of any user or exclude injury arising from any willful misconduct Continue reading >>
Whats Been Going On With Ethereums Price Lately?
Whats Been Going On With Ethereums Price Lately? Russian Blockchain Week March 21-25, 2018 5 days immersion in the industry of blockchain technologies and cryptocurrencies, for which you will receive knowledge and communications for Get BTCMANAGER delivered right to your inbox For those that have been examining the cryptocurrency markets over the last couple of weeks, youve probably noticed something a bit weird about Ethereum . For the last several days, Ethereum has been depreciating in price at a greater rate than the rest of the market itself see the picture below to get a gist of whats going on: This was during day two of bitcoin s most recent rally. As you can see above, the rest of the market made appreciable gains while Ethereum stagnated and even posted negative returns during that day. Ethereum was the only coin in the top 20-30 that had posted negative returns during that day. Since then, it has also been the most sluggish in terms of returns during this minor market rally. A popular and common theory that has arisen in the cryptocurrency community is that the price of Ethereum has depreciated so much in comparison to the rest of the crypto market because of ICOs. As most of us know, ICOs typically take Ethereum in exchange for their projects because a great deal of them tend to build their tokens on top of the Ethereum blockchain. While this is a positive thing because it shows the popularity and success of Ethereum, it also means that there are large hordes of currency being held by these developers. So, the popular theory that has arisen in the community is that these developers are now dumping their Ethereum as it depreciates in price in order to ensure that they can maintain enough liquidity to fund their projects. While there are several logistical rea Continue reading >>
Ethereum Price Is Dropping, But Coinbase Reveal Could Change Fortunes | Inverse
Filed Under Bitcoin , Blockchain , Ripple & Startups Ethereum is not having a good week, but a big Coinbase reveal signals promising future support for the second-largest cryptocurrency. The price of one token reached $457 on Tuesday, over 10 percent down from its price the previous day and a severe drop from last weeks peak of $590. The dip comes as exchange platform Coinbase announced support for the ERC20 token on Monday evening . These run on the Ethereum network and power a wide range of initial coin offerings used to fund ideas that run on blockchain technology like EOS and CryptoHunt . Ethereums price has taken a beating since its January high of $1,426 as Google, Twitter , and Facebook all crack down on initial coin offering ads. Coinbase plans to add support for the ERC20 technical standard in the coming months, but theres no word on which assets will be supported. The company offers a number of products, and assets will only arrive on the app after theyve debuted on the companys GDAX professional exchange and theyve passed assessments like price stability. Ethereum's price over the past three months. The revolution will not be televised. It'll be sent to your inbox by us. The price of Ethereum did not appear to react to Coinbases announcement, despite the fact the ERC20 tokens are one of the most high-profile uses of the network. Coinbases reluctance to offer firmer details may have dampened the news among investors. The exchange will be treading carefully to avoid a Bitcoin Cash-style controversy, where GDAX halted trades just two minutes after going live due to significant volatility and the company announcement of an investigation into potential policy violations. Ethereums dip comes as part of a wider sell-off in the cryptocurrency market, where 90 of the Continue reading >>
Blockchain Will Disrupt Everything
An interview with blockchain evangelist Dr. Julian Hosp, who says cryptocurrency is the least exciting use for the blockchain platform. Goldman Sachs says blockchain could disrupt everything. Dr. Julian Hosp, co-founder of TenX and author of the book Cryptocurrencies Simply Explained, heartily agrees. Yes, there's a lot of disruptive buzz around cryptocurrencies like bitcoin and ether, as well as the blockchain technology that enables them all. What's an investor to do? According to Dr. Hosp, who led the "What Is Blockchain? How Will It Change The World?" session at South by Southwest in Austin, Texas, investors need to be following this space closely. Admirably, the Austrian-born former trauma surgeon uses a baseball metaphor to describe the opportunity. "We're in the first out of the first inning," he told the audience. "This is the equivalent of the Internet in 1994, before the Internet exploded in 1996." In true Foolish fashion, he also warns that most "internet stocks" utterly failed after the dot-com crash -- and the majority of cryptocurrencies will suffer the same fate. Still, the internet has created untold value for society -- and countless millionaires -- and Dr. Hosp believes most investors should start getting at least some small exposure in the blockchain and cryptocurrency space. He's especially high on the Ethereum platform, which extends far beyond cryptocurrency. Ethereum's ability to securely store data transparently, yet anonymously, means not only "smart contracts" for legal uses but also use cases for insurance, medical records, and even elections. He has a few simple guidelines for investors. The upside potential is tremendous -- perhaps 50x to 100x over the next few years. But the downside? You could lose everything in the wrong investments, jus Continue reading >>