October 12, 2026

Capitalizations Index – B ∞/21M

ETH/USD LONG ETHEREUM WILL APPROACH TO 200$ Ethereum forecast

Eth/usd long ethereum will approach to 200$ ethereum forecast

ETH/USD LONG ETHEREUM WILL APPROACH TO 200$ Ethereum forecast

Eth/usd long ethereum will approach to 200$ ethereum forecast

Ethereum as number 2 cap during ” great depression on bitcoin” (3200$/per bitcoin ) was worth 82$.

Upon bitcoin rebound was among the first one uptrending and gaining most thefore uptrended 82-157$ (while bitcoin was moving toward 4200$ and failed in “previous round”).

In % terms that is nominal USD gain of 91% which is very impressive having on mind we talking about second biggest coin per marketcap.

Right after bitcoin declination, Ethereum deflated over bitcoin and bitcoin sank towards 3500$ making ETH worth.

Now, upon this bullish move on bitcoin , Ethereum started “bending upwards”, making that ” curving slope” and continualy makes higher lows and maintains those levels.

Manages to stay over 135$ per ETH as continualy raising trendline

Overaly does look bullish and technicals do confirm it.

MACD , RSI , confirms further daily bullish momentum.

Bear on mind that bitcoin initial impulse should be higher than 4240-4250, that could equate up to 171$ per ETH and after declination previous level breached will be retested (lower than 157$ per ETH since bitcoin will make retrace back to 4000 as piercing it.

That’s a rebuy on ETH and sell on BTC 4450$ equivalent which should equate up to 196$ safe exit.

Good luck.

Published at Sun, 17 Mar 2019 16:04:18 +0000

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Youbit Exchange Files For Bankruptcy As Hackers Wipe 17% Of Assets

South Korean exchange Youbit has announced it is filing for bankruptcy after hackers stole 17% of its net assets.


‘Very Sorry (Again)’

In an announcement on its homepage since reported by various news outlets, the relatively unknown exchange, which is not to be confused with the similarly-named Yobit.net, said it had made “every effort” to stay afloat.

A previous hack in April saw 4000 BTC covertly leave Youbit’s books, an episode from which the exchange never fully recovered.

“I am very sorry to inform you again with the sad news,” the announcement reads.

After the accident in April, we made every effort to strengthen security, recruit personnel, and reduce hot wallet storage… In the meantime, due to the hacking of our company at 4:35 in the morning, funds have been lost from your wallet.

A Wild West Of North-South Korean Hackings

The news comes amid increasing reports of malicious activity involving South Korean bitcoin exchanges perpetrated by North Korean entities.

Claims hackers have stolen millions of dollars in cryptocurrency over an extended period are circulating in the mainstream press, while even the South’s biggest exchange Bithumb has been left shaken by losses this year.

Youbit has said it will go through a formal bankruptcy procedure to minimize customer fallout, but that balances would still auto-adjust to a fraction of their former worth, with the aim to refund once formal proceedings are over.

“Through various measures such as the sale of cyber comprehensive insurance (3 billion [won]) and the operating rights of the company, the loss to members is expected to be lower than 17%… I will make every effort to minimize this,” the announcement continues.

Only a day earlier, Blockchain CEO Peter Smith warned CNBC viewers that the time was ripe for another major hack in the bitcoin space.

“We see attacks and breaches about every six months – major breaches – so we’re probably due for one in the next month or two,” he told the network.

What do you think about Youbit’s filing for bankruptcy? Let us know in the comments below!


Images courtesy of Shutterstock

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