ETH

  • Ethereum Price (ETH) Could Breakdown In Short Term, Bitcoin Down 3%

    ETH price is struggling to continue to move higher above the $185 resistance against the US Dollar. The price is likely to decline if bitcoin continues to struggle below the $10,250 level. There is a connecting bearish trend line forming with resistance near $182 on the hourly chart of ETH/USD (data feed via Kraken). The price remains at a risk of more downsides as long as the price is below $185. Ethereum price is struggling to gain strength above $185 versus the US Dollar since bitcoin is declining. ETH price could spike below the $180 support in the near term. Ethereum Price Analysis In the past two days, ETH price made two attempts to surpass the $185 resistance against the US Dollar. However, bitcoin price struggled to climb higher above the $10,350 and $10,400 resistance levels. As a result, Ether price also started showing a few bearish signs below the $185 resistance. On the positive side, the price is holding the main $178 and $180 support levels. The last swing low was formed near the $177 level. The price is…

    Sep 11, 2019
  • Ethereum Price (ETH) Looks Set To Continue Higher

    ETH price is showing positive signs above the $180 pivot level against the US Dollar. The price is likely to continue higher above the $184 and $185 resistance levels in the near term. There is a key bullish trend line forming with support at $178 on the hourly chart of ETH/USD (data feed via Kraken). The price could correct a few points, but it remains supported near $178 and $175 in the near term. Ethereum price is gaining momentum above the $175 level versus the US Dollar, while bitcoin is consolidating. ETH price is likely to continue higher above $185. Ethereum Price Analysis In the past few sessions, ETH price remained well bid above the $170 support against the US Dollar. However, bitcoin price remained in a range above the $10,200 support area. Ethereum price is showing positive signs and is trading nicely above the key $175 support area. Moreover, there was a break above the $180 level and the 100 hourly simple moving average. The last swing high was formed $186 and it is recently corrected lower. There was…

    Sep 10, 2019
  • How Ethereum Has Become The IBM Standard Of Our Era

    There is way too much tribalism in the crypto industry. While competing platforms are healthy for general growth, the constant bashing of rivals does little positive for the overall scene. Ethereum has more than its fair share of detractors, but there is no disputing that it is still the dominant smart contract platform of our time. Ethereum Akin to IBM of Computer Age To draw comparison partner at New York based VC firm Placeholder, Joel Monegro, looked back at the beginnings of the computer industry in the 1960s and 70s. IBM was the leader of the pack despite it having a number of competitors which poured funds into developing superior technology. Ethereum could be compared to this since it is currently the world’s dominant smart contract platform despite having a number of competitors offering faster and more scalable solutions with better consensus models. At the current stage of the crypto industry those include EOS, Cardano, Tron, NEO, Ethereum Classic, and a number of others. None of those however have managed to usurp Ethereum’s position as the dominant platform of the…

    Sep 4, 2019
  • Most Cryptocurrencies in the Green as Bitcoin Price Hits $10,400

    Monday, Sept. 2 — Markets are bouncing back and showing upward price movement, after trading sideways for the better part of the day. Market visualization. Source: Coin360 The Bitcoin (BTC) price is showing impressive price movement, after trading close to $9,700 for most of the day. At press time the number one cryptocurrency is trading at $10,401, up 6.63% on the day. Bitcoin 24-hour price chart. Source: Coin360 Cointelegraph reported earlier that Bitcoin is attempting to bounce from the trendline of the symmetrical triangle, and if the BTC/U.S. dollar pair picks up momentum above the moving averages and breaks out of the downtrend line, it can result in a retest of the yearly highs at $13,973.50. The most popular altcoin Ether (ETH) is picking up momentum as well and is trading at $178.53, up more than 4.5% on the day. Ether 24-hour price chart. Source: Coin360 Like most cryptocurrencies, Ripple’s XRP token has been trading steadily throughout the week, and is now showing a gain of just over 2%. At press time the coin is trading at $0.260. XRP has been a major…

    Sep 3, 2019
  • Telecom Leaders Unveil New Enterprise Ethereum Alliance Blockchain Use Case Playbook

    The Enterprise Ethereum Alliance (EEA), a member-driven standards organization whose charter is to develop open, blockchain specifications, today announced the publication of detailed blockchain use cases for the telecommunications industry prepared by the EEA Telecom Special Interest Group (SIG). The document outlines the areas where blockchain technology, in combination with EEA standards, can speed up business transactions, improve internal operations, as well as allow for more frictionless business interactions across the global telecom sector. The EEA Telecom Use Cases document represents several months of work by the group’s members, which include global telecom leaders known for both innovation and accelerating the adoption of new telecommunication technology and standards. “This is one of the more comprehensive sets of blockchain use cases for the telecom industry that you will come across. The document is a direct result of the EEA SIG’s mission to help define and educate how telecom leaders can play an active role in developing the standards of the future. On behalf of the EEA and the EEA Telecom SIG, we would like to thank T-Mobile, SK Telecom, KDDI, and…

    Aug 30, 2019
  • Ethereum Price (ETH) Dives Below Crucial Support, Bitcoin Down 5%

    ETH price failed to stay above the key $185 and $180 support levels against the US Dollar. The price is down around 10% and is trading below $172, while bitcoin is down around 5%. There was a break below a bearish continuation pattern with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue lower and it may soon test the $165 or $162 support. Ethereum price is down close to 10% versus the US Dollar, with strong bearish moves vs bitcoin. ETH price remains in a downtrend and it could decline further to $162. Ethereum Price Analysis In the past few days, we saw how ETH price struggled to clear the $192 and $195 resistance against the US Dollar. The price even settled below the $190 support and the 100 hourly simple moving average. As a result, there was a sharp decline below the $185 and $180 support levels. The price declined around 10% and even broke the $172 support area. Similarly, there were strong bearish moves in bitcoin, ripple,…

    Aug 29, 2019
  • Ethereum Foundation Grants $2.46 Million to Network Developers

    The Ethereum Foundation (EF) announced that over $2.46 million in grants will be given to finance Ethereum 2.0 development. In a post published on the official blog on Aug. 26, EF announced that it has “granted financial awards to various client development teams. The teams in question are tasked with creating Test Networks (testnets) compatible with multiple clients as the first phase of development approaches. The funds will go to nine companies and researchers. Many companies received funding for client development, such as Harmony which has been awarded $189,000 for the Prysm client Sigma Prime; $485,000 for Lighthouse; Consensys co-founded startup Sigma Prime obtained $485,000 for its Lighthouse client, while Status received $500,000 for the Nimbus client. Status has also received $150,000 for networking protocol development, while Whiteblock received $184,000 for network testing and testnet/interoperability support. Crypto analyst Dmitry Khovratovich received $10,000 to produce a report regarding the security of some aspects of the first version of ETH 2.0 and Chainsafe received $217,500 for developing its Lodestar light client and javascript. More awards to be distributed The post also states…

    Aug 29, 2019
  • Bitcoin And Crypto Market Could Decline Further: BCH, XLM, EOS, TRX Analysis

    Bitcoin (BTC) and the crypto market cap are likely to extend their decline. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) are also following a bearish bias.

    Aug 28, 2019
  • World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds

    The World Bank has issued a second round of its landmark blockchain bonds.

    Aug 20, 2019
  • Ethereum Falls to Below 8% of Entire Cryptocurrency Market

    The market capitalisation of the Ethereum network has fallen below the levels observed prior to its epic price run up in 2017. The total value of all Ether (ETH) tokens in existence now accounts for just less than eight percent of the entire cryptocurrency market. At the height of Ethereum hype, the smart contract platform accounted for over a third of the wider digital currency market. This caused its proponents to claim that it would overtake Bitcoin in a so-called “flippening”. Ethereum’s Fall from Grace As highlighted by Twitter user @StopAndDecrypt earlier today, Ethereum’s share of the entire cryptocurrency market has fallen to just 7.86 percent. This is the lowest it has been since early March 2017. High profile interest in the smart contract platform caused a lot of the hype that saw Ethereum’s rise to over a third of the entire digital currency market by June of the same year. Early announcements from the newly-formed Enterprise Ethereum Alliance announced the interest of big companies to investors eager to realise the kind of gains early Bitcoin speculators had seen. The likes of…

    Aug 8, 2019
  • ETH Price Could Surpass $320, BTC Breaks $13K

    Overview ETH price is gaining momentum above the $310 resistance area against the US Dollar. The price must break the $315 resistance area to climb above the $320 resistance zone. There is a breakout pattern forming with resistance near $314 on the hourly chart of ETH/USD (data feed via Kraken). On the downside, there are a few important supports near the $306 and $302 levels. Ethereum price is likely to break the $320 resistance area versus the US Dollar, but struggled vs bitcoin. ETH price remains well supported on the downside as long as above $302. Ethereum Price Analysis After yesterday’s rise, there were further gains in bitcoin price above $12,500 against the US Dollar. BTC/USD even broke the $13,000 resistance area. On the other hand, there was no new weekly high in Ethereum, but it remained stable above the $300 and $302 support levels. Earlier, it started a downside correction from the $318 swing high and traded below the $310 support area. However, the $302 support zone acted as a strong support along with the 100 hourly simple moving average….

    Jul 10, 2019
  • Ethereum Futures Inbound as Demand For Bitcoin Dervatives Explodes

    For a while now, investors have been waiting on futures for Ethereum (ETH), the second largest cryptocurrency by market capitalization. These expectations have been stifled though, with regulatory uncertainty and interest concerns about the crypto asset. But, according to a recent report from The Block, the CME Group, one of the world’s largest financial exchanges, is prepping to launch a product for Ethereum. For those unaware, the CME is a Chicago-based institution that famously launched Bitcoin futures near the peak of 2017’s boom. The Block’s Frank “Fintech Frank” Chaparro suggests that the CME altering its reference rate and index for Ethereum could mean that futures are coming. An industry source told the outlet that this change is being done to “prep for an Ether” vehicle. You see, according to the individual in question, cash-settled futures like the CME’s cryptocurrency contracts can be manipulated, requiring a robust index to mitigate such risk. This recent alteration may be taking place to convince regulators to approve of Ethereum-related products. Ethereum Futures Gain Support This tidbit of news comes as Ethereum futures have garnered support from key individuals…

    Jul 8, 2019
  • Ethereum (ETH) Price Forms Bottom: Break $300 Could Accelerate Gains

    Overview ETH price declined to a new monthly at $271 and recently recovered against the US Dollar. There was a sharp increase above the $280 and $290 resistance levels in the past two sessions. There was a break above a major bearish trend line with resistance near $286 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near the $300 resistance, above which it could accelerate higher. Ethereum price is reversing recent losses versus the US Dollar, similar to bitcoin. ETH price must clear the $300 resistance level to continue higher in the near term. Ethereum Price Analysis In the past two sessions, there was a strong recovery in bitcoin and Ethereum against the US Dollar. Earlier, the ETH/USD pair declined to a new monthly low at $271 before it started a strong upward move. The bulls took control after the price broke the $275 and $280 resistance levels. Moreover, there was a break above the 23.6% Fib retracement level of the downward move from the $323 high to $271 low. Besides, there was a break above…

    Jul 3, 2019
  • Ethereum (ETH) Price Revisits Key Support: Risk of Breakdown Looming

    Ethereum price is facing a lot of hurdles versus the US Dollar and bitcoin. ETH price must break the $296 and $300 resistance levels to start a decent recovery.

    Jul 2, 2019
  • Why Ethereum’s Privacy Matters and What’s Being Built to Support It

    Mixers. Computational data layers. Zero-knowledge proofs: these are just a few of the technologies being leveraged to enhance privacy on the ethereum blockchain. Privacy for a public blockchain network is a bit of an oxymoron, given that, by nature of the technology’s design, data must be shared and widely distributed on the network in order to be considered valid. What’s more, for a high-profile public blockchain network like ethereum, several blockchain analytics websites and data scraping services exist to proliferate this data beyond just the users of the network. Itamar Lesuisse, the CEO and co-founder of crypto wallet tool Argent, describes the matter of privacy on the ethereum blockchain as an issue for even “the most simplest use case” on the platform. “If you just look at the most simplest use case, if I say, ‘Hey Christine, can you send me ten dollars [worth of ether]? Here’s my wallet address.’ Now, you know how much money I have.” Lesuisse said during an interview with CoinDesk. By virtue of sharing one’s public ethereum address, the amount of funds being held within that…

    Jun 25, 2019
  • ETH Price Rally Alongside BTC: More Upsides Likely

    Ethereum price is gaining bullish momentum versus the US Dollar, similar to bitcoin. ETH is now trading above the $265 resistance and it is likely to continue higher in the near term.

    May 27, 2019

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