Day: March 16, 2020

Ethereum Stuck In A Key Range, Can It Break This Key Resistance?

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Ethereum is trading in a tight range above the $110 support area against the US Dollar. ETH price must break the $132 and $144 resistance levels to start a fresh increase. Ethereum is currently consolidating below the key $144 resistance area against the US Dollar. The price remains well supported on the downside near the lower end of the range at $110. There is a major bearish trend line forming with resistance near $140 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is also consolidating above…

Coinbase Launches BTC Transaction Batching, Saving Users 50% on Fees

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Major cryptocurrency exchange Coinbase recently unveiled a new feature on its platform designed to save users money on transactions fees. According to a blog post released by the exchange on March 13, Coinbase would immediately begin offering Bitcoin (BTC) transaction batching for its customers. The move taken by Coinbase, which “requires no action from customers”, will allow single on-chain transactions of cryptocurrencies to be bundled into one. The exchange predicts this will reduce the load on the BTC network and the resulting fees customers pay for sending money. Saving users…