Jun 24, 2019 Forex News
After the breaking of $10,000 mark by Bitcoin, Ethereum also has broken its psychological level at $300 mark.
On Monday, June 24, ETH is trading just above $307, the market capitalization reached $32.701 billion. Last time Ethereum was traded above $300 in August 2018, the coin jumped by 129% in annual terms, and in the last 24 hours, its rate has grown almost on 10%.
In December last year, ETH was trading at just above $85, and many traders sold this asset, believing that we will soon see its reset. But the coin began to strengthen in the winter and over the past few months was able to return the lost positions.
It’s too early to talk about repeating the rally at the end of 2017. Recall that in January last year, ETH grew to $1,431.
Now technical indicators speak in favor of maintaining a positive trend, but the rally will not be as aggressive as two years ago, experts say. Even if Ethereum will overcome the $400 mark within the next month, this will be a great achievement of the asset.
The prerequisites for the further strengthening the cryptocurrency have already been fixed. However, it is possible to single out the intensification of developers of decentralized applications, since in the ETH network in April-May the number of such products has increased dramatically, the report says the company Diar.
Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
Jul 1, 2022 Company News
On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
Feb 14, 2022 Company News