The Currency Analytics
By Maheen Hernandez
The battle of dominance is forever existent between Ethereum and Bitcoin. By market capitalization, Bitcoin is the most dominant, but ETH has a special place in the…
Bitcoin has survived several storms, and it continues to be the market leader. ETH was considered to be the biggest rival to Bitcoin.
Bitcoin is focused on becoming a global cryptocurrency. ETH is focused on providing for peer-to-peer contracts through Ether, the proprietary currency of Ethereum.
Ethereum has been trending on the horizontal direction over the past seven days. The price of the ETH/USD has gone down from $181.
The ETH price has been trending by the 200-day simple moving average (SMA 200) and the 50-day SMA 50 curves. The ETH/USD enjoys support at the SMA 20 curve.
For Bitcoin, the current price trends are unique. Bitcoin volatility levels are currently very erratic, and they are coupled with unstable trading volumes.
Those who are looking to enter the cryptocurrency space safely should consider that a regulatory maze is woven around the cryptocurrency market.
Banking is a significant bottleneck in the cryptocurrency space despite cryptocurrencies bringing in newer opportunities, and this is one reason why even major institutional…
Silvergate Bank, which is headquartered in San Diego, is serving more than 500 entities dealing with cryptocurrencies.
We believe there may be attractive opportunities to provide digital currency borrowing facilities to deepen our high-quality customer relationships and further enhance our…