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Have DeFi projects hindered the much-anticipated bitcoin bull run?

At every point in bitcoin's journey, the year 2017, especially December, stands out and has become the most significant reference point since the public ledger was made available. Similarly, other altcoins, regardless of inception year, have 2017 to thank for not just publicity and media attention but public trust in what the distributed ledger has to offer. Why is 2017 so significant? Simple, the cryptocurrency bull run. In a very much unpredictable turn of events, the cryptocurrency bull run of 2017 is the best thing crypto could have hoped for in capitalization and market price. Since then, however, there has...

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ETH/USD in Tight Range After 385.50 Headwinds: Sally Ho's Technical Analysis 14 October 2020 ETH

Ethereum (ETH/USD) weakened early in today’s North American session as the pair depreciated to the 378.01 area after trading as high as the 385.50 area during the Asian session.  These intraday highs were reached after minor Stops were elected above the 384.74 area, representing the 50% retracement of the recent depreciating range from 395.18 to 374.29.  The next upside retracement levels in this range include the 387.20, 390.25, and 390.71 areas.  Around intraday lows, ETH/USD tested the 100-hour simple moving average before moving back above the 380.00 level.   Trading activity continues to orbit the 378.85 area, representing the 38.2% retracement...

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The Ethereum trust from Grayscale is now a reporting company for the SEC

Quick take 1 minute read It has just been reported early this week on the 12th of October that the Grayscale Ethereum trust has become an SEC (securities and exchange commission) reporting company. This comes after the approval of the registration statement on Form 10 filed with the SEC on behalf of the trust.  It has just been reported early this week on the 12th of October that the Grayscale Ethereum trust has become an SEC (securities and exchange commission) reporting company. This comes after the approval of the registration statement on Form 10 filed with the SEC on behalf...

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Ethereum Price Analysis: ETH Going Upwards Confidently

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, October 13th, the leading altcoin keeps growing, reaching 385.62 USD. On D1, ETH/USD has bounced off 38.2% and is testing 23.6% Fibo. The quotations may currently correct from the resistance level. After the pullback, they may break through 23.6% and go on growing. The MACD histogram is below zero but growing gradually, thus giving another confirmation of further growth of the coin. The goal of the growth is the nearest high – 487.87 USD. On H4, the pair keeps going to the upper border of the channel, which may mean the...

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Technical Trading Steadies ETH/USD Before Test of 400: Sally Ho's Technical Analysis 13 October 2020 ETH

Ethereum (ETH/USD) attempted to retain some recovered ground early in today’s North American session as the pair appreciated to the 387.34 area after trading as low as the 378.80 area during the European session, a test of the 50-hour simple moving average.  Notably, ETH/USD encountered some technical resistance around the 61.8% retracement of the depreciating range from 394.55 to 375.19.  ETH/USD made strong upward moves during yesterday’s North American session and eventually printed as high as the 395.18 level before profit-taking paused the pair’s possible test of the psychologically-important 400 figure.   This print was just above the 23.6% retracement of...

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