Ethereum hasn’t done too well over the past year. Since peaking at $1,400 and nearly “flipping” Bitcoin, the cryptocurrency has embarked on a steep downtrend, shedding a large majority of its value as demand has tapered off. In fact, one ETH is now valued at under 0.02 BTC — a level not seen since the […]
Ethereum’s price action has been closely tracking that of Bitcoin over the past several days, and ETH has been able to post a strong recovery from its recent drop to below $185. Analysts are now noting that Ethereum’s ability to break above the key resistance level of $200 may be emblematic of a shifting short-term […]
ETH price extended its recent upward move and tested the $202 resistance against the US Dollar. The price is struggling to gain bullish momentum above the $202 resistance area. There is a short term ascending channel forming with support near $198 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline […]
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar. The price is currently consolidating losses after trading as low as $174. There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could start a […]
The Enterprise Ethereum Alliance will form a group working to boost collaboration between the mainnet and enterprises. The Enterprise Ethereum Alliance (EEA) is setting up a technical group working on collaboration between the mainnet and enterprises. The working group, called the EEA Mainnet Initiative, intends to accelerate and lead cooperation between the EEA’s enterprise and […]
ETH price extended gains above the $230 resistance and climbed above $235 against the US Dollar. The price tested the $237 level and it is currently correcting gains. There are two bullish trend lines forming with support near $226 and $222 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find […]
ETH price remained supported above the $205 level, but struggled to gain traction against the US Dollar. The price is facing a few key resistances near the $212 and $215 levels. There is a contracting triangle forming with resistance near $211 on the hourly chart of ETH/USD (data feed via Kraken). The pair could either […]
ETH price remained supported above the $200 level and recovered slightly support against the US Dollar. The price climbed above $220, but it faced a strong resistance near the $225 level. Earlier, there was a break above a major bearish trend line with resistance near $212 on the 4-hours chart of ETH/USD (data feed via […]
Ethereum and Ripple have joined the New York State Digital Currency task force. The force has acquired several new members appointed by the New York State Assembly. Clyde Vanel, a member of New York State Assembly, announced the appointment of six additional members in the task force on Monday, 27th July. The group’s responsibility includes […]
Institutional cryptocurrency exchange San Francisco Open Exchange suggests that Ether may not be an altcoin anymore. Institutional cryptocurrency exchange San Francisco Open Exchange (SFOX) suggested that Ether (ETH) may not be an altcoin anymore, in its latest market report published on July 24. ETH is more correlated to BTC than other alts In its post, […]
A proposal on Ethereum put forth by James Hancock has been shot down by the community. The proposal aimed to temporarily inflate supply by adding a .0055 ETH reward in each block that would be routed to an independent developers fund, which would then be used to carry out necessary development on Ethereum 1.x, July […]
Realizing the potential of smart contracts and tokenization, competitors are flocking, congesting the space. However, of the many, only a handful are worth mentioning since Ethereum is still king, dominating in development and trusted by many. Ethereum, being the second largest blockchain platform in the world by market capitalization, is receiving attention and support from […]
ETH price remained in a bearish zone after it settled below the $280 support against the US Dollar. The price declined heavily and recently tested the key support area near the $260 level. There is a crucial bearish trend line forming with resistance near $282 on the 4-hours chart of ETH/USD (data feed via Kraken). […]
The U.S. securities regulator has given two blockchain token-centric projects its approval this week.
Ethereum (ETH) up 5.4 percent In two years, ETH issuance may be reduced 10-fold. From Constantinople to the activation of EIP 1234, Ethereum fundamentals are overly bullish. Add that to possible plans of reducing ETH issuance by 2021 and bulls are at a prime position to rally. At the moment, ETH is up 5.4 percent. […]
Kakao’s blockchain subsidiary GroundX says its recently launched Klaytn blockchain can mine a block in as little as a second.
Ethereum is reclaiming lost ground as investors turn bullish over the prospect of derivatives hitting the market and major network changes. Ethereum Could Soon Join Bitcoin Futures Starting the week with the second-best 24-hour growth in the top twenty cryptocurrencies, Ethereum now trades above $300. The last few days have revealed hints that big finance […]
Quietly, subtly, and without contest, Ethereum is currently under a sustained attack that has been ongoing for months. Long considered the king of the dApps, Ethereum is the one that other blockchain platforms seek to dethrone in their own attempts at ascension. Hence the well-known term – Ethereum Killer – which is often self-applied by […]
Despite Bitcoin being in a firm uptrend over the past few months, the aggregated crypto markets have largely experienced lackluster price action, but Ethereum (ETH) may be one of the few exceptions as it has been closely tracking BTC as of late. Because ETH has been closely tracking BTC, it has experienced large volatility over […]
Ethereum (ETH) up 14.3 percent EIPs 1702 and 2024 to be activated in the next network upgrade During an impending Ethereum upgrade dubbed “Istanbul”, there will be activation of two approved Ethereum Improvement Proposals (EIPs) in 2024 and 1702. These two will reduce costs while simultaneously easing future network upgrades. While at it, ETH is […]
An Ethereum-based synthetic issuance platform lost over 37 million in synthetic ether. The Ethereum-based synthetic asset issuance platform Synthetix has lost over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24. While the amount of sETH in question is known to be over 37 million, […]
By CCN Markets: French video game giant Ubisoft has announced an effort to develop blockchain gaming through Ethereum. In a report published June 11 by French news outlet Les Échos, Ubisoft is already months into the development of blockchain products using Ethereum. The company is looking to monetize and improve upon their existing implementation of […]
ETH price started a strong upward move and broke the key $300 barrier against the US Dollar. Bitcoin price gained momentum above $10,000 and $11,000 levels and is currently consolidating. There is a major ascending channel in place with support near $305 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is […]
