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Ethereum (ETH) Falls 11% In One Day, Defends $250 Support

Ethereum (ETH) plunged deep into the red today as the price fell 11% in a matter of hours. The whole market nosedived as Bitcoin (BTC) fell back below $7,000 but Ethereum (ETH)’s reaction was one of the most aggressive as shown by the ETH/USD daily chart above. This can be attributed to the uncertainty and infighting surrounding Ethereum (ETH). The cryptocurrency has recently been the subject of debate among miners and developers as Ethereum (ETH) continues to ignore the demands of miners as it prepares to switch to Proof of Stake (PoS) from Proof of Work (PoW). However, before making...

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Google Allowing Users To Explore The Ethereum Blockchain

A data analysis project owned by Google called BigQuery have built a system that allows users to fully explore all historical data on the Ethereum blockchain. They have developed this new platform to help compliment the imagination captured by the Ethereum blockchain of technology and finance enthusiasts worldwide. Granted, the BigQuery data isn’t groundbreaking, though it is a creative application and one that could help to allow new users begin to understand, in more detail, how the Ethereum blockchain works. What is BigQuery? According to Finance Magnates: “BigQuery is a data analysis programme for large amounts of information. It was...

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BTC, ETH And XRP Still Unsettled Moving Through September

As we settle into September, we want to look at the performance of the markets over the past few weeks. Through July and August we had expected markets to fly, if only on a temporary basis. What we have seen however is the complete opposite. Overall, cryptos have only fallen, retracting in value and now sitting way off the targets set during the cryptocurrency boom of 2017 and 2018. The major reason for this is a number of crushing decisions by the United States Securities and Exchange Commission with regard to a number of Bitcoin ETF applications. We must note...

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Ethereum (ETH) Remains Range Bound As Price Fails To Break Past 21 EMA

Ethereum (ETH) remains range bound as ETH/USD fails to break the 21 EMA resistance on the daily time frame. The price started trading between $324 and $250 since August and has yet to break out. EMA alignment for the above chart shows that a breakout is imminent and the price is likely to begin a new rally from here. Wave trend analysis for the above chart also shows that the price could begin another rally at this point but the chances of it breaking past the 200 EMA are very low. Ethereum (ETH) will begin a new rally at this...

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Buy Music With Ethereum From Crypto Daily’s Exclusive Producer, Max Bove

 If you’ve been keeping up to date with Crypto Daily on YouTube and our presenter Mark, you might have noticed the addition of some exclusive new music, backing tracks written and produced by Max Bove, the latest addition to the Crypto Daily family. Image copyright of Max Bove A message from Max “My name is Max Bove, born in the Bahamas in 1969 and now residing in Italy. I have played pianoforte since the age of 7, as the son of a musician, music has always been within me. Since 2000 I have grown and developed my passion as...

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