Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency

Twitter Facebook LinkedIn Ripple (XRP), long the world’s third-largest cryptocurrency, capped off an impressive single-day rally with a foray onto the market’s silver podium, briefly evicting ethereum (ETH) from the market cap ranking it has long called home. Ripple (XRP) Challenges Ethereum for Silver Podium The rally, as CCN reported, saw the ripple price rise an astounding 14 percent on a day when bitcoin (BTC) traded sideways, and no other large-cap cryptocurrency rose more than 4 percent. In fact, XRP’s single-day return was triple that of Metaverse ETP, whose 4…

Ethereum & Ripple (XRP) Plunged, Tron Led Oct. Index

voveran buy 2014 Twitter Facebook LinkedIn The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October — tron (TRX). Tron’s [Previously] Volatile Nature Tron’s October stability comes as a bit of a surprise for a coin that is often volatile. Earlier this year, Finder.com conducted a study ranking the top fifty…

‘Big Four’ Firm EY Builds DLT Product on Public Ethereum Blockchain

Twitter Facebook The big four accounting firms are pouring more resources into blockchain technology now more than ever, and now Ernst & Young (EY) has just deepened its commitment. The global professional services firm has unveiled a Public Edition (PE) prototype of its EY Ops Chain, using the public Ethereum blockchain to deliver what the company describes as the “world’s first implementation of zero-knowledge proof (ZKP) technology.” The technology offers the best of both worlds, giving businesses the opportunity to securely issue and sell ICO-like tokens tied to payments or…

Why HTC is Only Accepting Bitcoin and Ethereum for its Blockchain Phone

Taiwanese consumer electronics giant HTC has officially launched its first blockchain phone, which will be sold exclusively in crypto. Called Exodus 1, the blockchain mobile phone of HTC is available to consumers at a fixed price of 0.15 Bitcoin (ETC) and 4.78 Ethereum (ETH), nearing the price of the new iPhone XS that has a starting price of $999. The Exodus 1 is sold at around $975 based on the current price of Bitcoin at $6,500. However, as the price of BTC rises, the price of the phone will also…

Ethereum Classic Price Analysis: ETC/USD Following Bullish Path Above $9.50

Key Highlights Ethereum classic price climbed higher steadily and tested the $10.00 resistance against the US dollar. The last week’s followed crucial ascending channel formed is intact with support at $9.60 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is placed nicely in a bullish path above the $9.50 and $9.60 support levels. Ethereum classic price is gaining momentum against the US Dollar and Bitcoin. ETC/USD could continue to grind higher above $10.00 in the near term. Ethereum Classic Price Analysis This past week,…

Ethereum Token BAT Continues Breakneck Rally, up 56% This Week

Ethereum token BAT continued its dramatic week-long ascent on Monday, bolstered by positive fundamentals related to its role in Brave’s web browser ecosystem and speculation that the cryptocurrency will soon be listed on Coinbase. BAT (short for Basic Attention Token) increased 14 percent against the dollar on Monday, briefly eclipsing $0.30 before settling down to a current value of $0.287. The token’s weekly return now stands at 56 percent, which is far and away the best return among top 50 cryptocurrency assets. BAT/USD | Binance As CCN reported, the rally…

Ethereum Price Weekly Analysis: ETH/USD Near Make-or-Break Levels

Key Highlights ETH price declined recently below the $200 level before buyers emerged near $196 against the US Dollar. There is a major bullish trend line with support at $201 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must clear the $207 hurdle and the 100 simple moving average (4-hours) to gain momentum. Ethereum price is trading near crucial levels versus the US Dollar and Bitcoin. ETH/USD must surpass the $207 and $214 levels to gain upside momentum. Ethereum Price Analysis This past week, there was…

Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta

The cryptocurrency market posted a minor decline on Friday, with bitcoin and most other large-cap assets shedding about one to two percent of their previous-day valuations. Ethereum token BAT, however, managed to resist the market’s gravitational pull and post a major single-day rally. Ethereum Token BAT Hits Two-Month High BAT — short for Basic Attention Token — is the native currency of Brave, the ICO-funded web browser that seeks to use the cryptocurrency token to upend the web’s traditional advertising model. For most of the day Thursday, BAT had traded…

Ethereum Price Analysis: ETH/USD Bearish Below 100 SMA and $206

Key Highlights ETH price declined further and traded below the $205 and $200 support levels against the US Dollar. There was a break below a major bullish trend line with support at $204 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently struggling below the $206 resistance and the 100 hourly simple moving average. Ethereum price is back in a bearish zone against the US Dollar and bitcoin. ETH/USD may continue to move down towards the $196 and $190 supports. Ethereum Price Analysis Recently, ETH…

Ethereum Price Analysis: ETH/USD Under Pressure Below $210

Key Highlights ETH price struggled to break the $208-209 resistance area and it mostly consolidated against the US Dollar. There is a major bullish trend line formed with support at $205 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points towards $202 or $200 before it climbs back higher. Ethereum price is slowly losing grip against the US Dollar and bitcoin. ETH/USD must break the $208 and $209 resistance levels to gain traction. Ethereum Price Analysis During the past three sessions, there…