Crypto Market Update for Oct 19th – Bitcoin and Ethereum Market Action Slows Down Further

For the past several weeks, we continued to see the cryptocurrency market trade sideways. The good news is that the bearish momentum is slowing down as Bitcoin and Ethereum prices are finding support and managing to hold above it. Like yesterday, when cryptocurrency markets continued to trade sideways, the trend continues today. The trading volume … Read more

Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings

Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy, despite the global slowdown. Bitcoin was also back in the … Read more

Crypto Market Update for Oct 18th – Sideways Trading for Bitcoin and Ethereum Continues

Cryptocurrency markets continue to trade sideways this week with little change in the prices of Bitcoin and Ethereum. While the crypto market trading volume and momentum increased yesterday, we’ve yet to see any significant price action today. Bitcoin remains in the $19k range, and Ethereum is trading at $1,300, with the global crypto market cap … Read more

Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Past Key Resistance Levels on Tuesday

Bitcoin was trading at its highest level in the past five days on Tuesday, as prices rose past a key resistance point. Ethereum also rallied to a similar milestone earlier in today’s session, as cryptocurrency markets continue to move away from recent bearish sentiment. As of writing, the global market cap is trading 0.38% higher. … Read more

Ripple and Peersyst Devs Push XRP Toward Ethereum Compatibility With First Phase of an EVM Sidechain

According to an announcement from Ripple’s core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available technologies,” alongside deploying “existing Solidity apps on the EVM sidechain.” Ripple Core Developers and Peersyst Reveal … Read more

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