Ethereum – Will the trend continue?

Ethereum, currently the world’s second largest cryptocurrency with a market capitalization of over $30 billion, was severely damaged by the recent market plunge, triggered by the introduction of unfavorable ICO regulations in China. In the months preceding the surge the coin demonstrated stunning performance. Traded at around $11 on February 2nd, Ethereum has reached $387 just hours before the crash. Since then it had retraced to $155 but quickly rebounded to $392, reaching yet another all-time high. The ETH price action is back in the red now. Support and resistance…

Read More
CFD/Forex CFD/FX Options strategy 

CFD Ethereum Trading vs “Buy and Hold”

Ethereum trading is offering extensive speculative opportunities. When trading with IQ Option investors can choose from two distinctive instruments: cryptocurrency purchase and a contract for difference (CFD). Both options can be used interchangeably, yet a number of distinctive features tailors each of them to particular market conditions and trading strategy. Ethereum is a cryptocurrency based on the self-named blockchain system and known for the implementation of smart contracts. ETH was designed after Bitcoin by 21-year-old Vitalik Buterin. ETH is currently the world’s second largest cryptocurrency. Certain experts believe that the…

Read More