TA: Ethereum Corrects Rally, But 100 SMA Could Spark Fresh Increase

Ethereum climbed further above the $2,500 level against the US Dollar. ETH price is correcting gains, but it is likely to remain stable near $2,350 and the 100 hourly SMA. Ethereum gained pace above $2,500 and it traded to a new all-time high near USD 2,548. The price is now trading well above $2,400 and … Read moreTA: Ethereum Corrects Rally, But 100 SMA Could Spark Fresh Increase

Electricity Used For Mining in Sichuan to Increase 150% in 2021

The Chinese province of Sichuan has become a Bitcoin mining hotspot in the past few years. Data gathered from local reports and hash rate trackers have shown that the landlocked southwestern province has the highest concentration of Bitcoin mining firms in the entire world. And while neighboring provinces such as Yunan are slowly becoming mining … Read moreElectricity Used For Mining in Sichuan to Increase 150% in 2021

TA: Ethereum Dips Below $2K, Here’s What Could Trigger A Fresh Increase

Ethereum extended its decline below the $2,000 support against the US Dollar. ETH price is now consolidating losses and it could start a fresh increase if it clears $2,010. Ethereum extended its decline below the $2,050 and $2,000 support levels. The price is now trading well below $2,050 and the 100 hourly simple moving average. … Read moreTA: Ethereum Dips Below $2K, Here’s What Could Trigger A Fresh Increase