Venture capitalist Fred Wilson once believed that Ethereum would surpass the market capitalization of Bitcoin. Yet, persistent scaling problems are causing former advocates to revise their opinions. Investors seem to agree, with ETH trading at historic lows against BTC. “Hard to build on” Fred Wilson, co-founder and managing partner at Union Square Ventures, used to...Read More
Another boring day in crypto where the markets don’t seem to be moving much. Most cryptocurrencies are trading sideways after a brief bull run last night. Let’s take a look at some of our favorite altcoins and see if the indicators tell us what’s to come ahead. Ethereum Price Analysis (ETH/USD) On today’s hourly chart,...Read More
Ethereum Classic outforms Bitcoin to rise 3.38% holding above 7.000. Market is trending higher with volume supporting the move. Ethereum Classic has had a bullish session while other major cryptocurrencies underperformed. On the hourly chart above the market have made consecutive higher highs and higher lows. With the volume marked with blue boxed at the...Read More
Offchain Labs, a New Jersey-based project developing a scaling solution for permissionless blockchains, has announced the successful Alpha release of its Arbitrum code. The company claims that the new system is capable of supporting more than 500 transactions per second, making it many times faster than Ethereum. Arbitrum has several innovative features that differentiate it...Read More
As Buterin said, Ethereum 2.0 aims to run ‘tens of thousands of transactions per second’ and he is sure that the new network will facilitate a number of on-chain transactions while maintaining key aspects of decentralization and security. At the beginning of next year, the launch of the initial phase of Ethereum 2.0 is taking place....Read More
Chainlink, a service that provides tamper-proof I/O for smart contracts, recently published its ‘Mixicles’ white paper. According to Chainlink, Mixicles are DeFi instruments embedded with oracles, which mediate between data both on and off the blockchain, and include mixers for the promotion of financial instruments’ privacy. We’re thrilled to release our work on Mixicles, a...Read More
The company is expected to release code on Sunday to run nodes on telegram’s open network (TON), allowing users to try out the project before the project’s expected main network is released on October 31. TON Labs, a technology start-up controlled by Telegram’s token sales investors, is building a range of tools for developers to...Read More
When a crypto asset fails to perform in terms of price it rapidly gets a big dose of chagrin from mainstream media and those that have lost money trading it. Ethereum is currently the prime example as investors begin to sour despite ongoing developments to the technology.Ethereum Roadmap Still SolidA major part of the crypto...Read More
ETH price failed to settle above $180 and started a fresh decrease against the US Dollar.The price is currently trading near the $174 support and it could bounce back in the near term.There was a break below a major bullish trend line with support at $177 on the hourly chart of ETH/USD (data feed via...Read More
Vitalik Buterin is “very confident” about launching phase zero of Ethereum’s mammoth scaling project early next year, but less so about the incentives driving people who will use the blockchain. Ethereum’s cofounder made his remarks. and a host of others—on subjects as diverse (and unconnected) as altruism and Facebook’s Libra coin—during then 80,000 hours podcast...Read More
In 2017, Union Square Ventures co-founder and managing partner, Fred Wilson had said that Ethereum’s market cap will surpass that of Bitcoin by year-end. That didn’t happen and now he is taking his words back, for good. Wilson: Ethereum ‘Confounds’ Me Not just the USV chief, Ethereum has left many of its investors in a...Read More
Many tech companies jealously guard their inventions, but there are few secrets in the blockchain space. Vitalik Buterin says it is “fine” for Polkadot (DOT) or other rival blockchains to borrow from Ethereum’s technical implementations and code. The Ethereum co-founder said that an open developer space will allow ETH developers to benefit from Polkadot, as...Read More
Bitfinex remains one of the most popular crypto exchanges in the world today. All of its services are of great interest to users from all over the globe. In a recent change, the company decided to integrate 100x leverage for top cryptocurrencies. This move coincides with Binance recently releasing margin trading as well. Crypto traders...Read More
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...Read More
ETH price is still struggling to gain momentum above the $180-$181 resistance area against the US Dollar.The price is slowly moving lower and it could decline further towards the $174 support area.A major bullish trend line is at risk with support near $178 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin price is...Read More
Are long, cumbersome cryptocurrency addresses holding the industry back from wider adoption? The Ethereum Name Service (ENS) thinks it might—and it’s taken another step on its mission to eventually make them obsolete. Over the weekend, the Ethereum Name Service launched an auction for short .eth domain names on the OpenSea decentralized marketplace. All three to...Read More
The altcoin market continues to bleed out, setting one fresh low after the next. It’s caused the overall crypto market sentiment to reach extreme fear and despair, with many worrying that the altcoins they hold may never again return to their previous all-time high prices.The post appeared first on NewsBTCRead More
Since the end of June, Ethereum’s price has been progressively declining as the bulls have failed to pick up pace after their 3-month run. ETH’s valuation dipped below the support of 239.43 and at press time, it was acting as a major resistance. Over the past week, the valuation witnessed another slump down to $163.9,...Read More
ETC is the best-performing coin out of top-20. Ethereum Classic team gets ready for a major update. Ethereum Classic (ETC) is the best performing cryptocurrencies out of top-20. The coin has gained nearly 8% in recent 24 hours to trade at $6.77. ETH/USD has recovered from the recent low of $5.70 reached on August 29;...Read More
After a highly successful phase on launch of Binance Lending, the exchange has now announced the launch of a second phase with a few more digital assets added including BTC, ETH, and ADA. The Changpeng “CZ” Zhao-led Binance cryptocurrency exchange, has now announced that it is ready to launch the second phase of its Binance...Read More
The world’s second largest crypto asset has taken a beating recently. Not only has Ethereum price collapsed below $200 but it is constantly hounded by the majority of the crypto community which remain blinded by the performance of its big brother.Ethereum Remains AsleepIn terms of price action, there are not many positive things to say...Read More
ETH price recovered nicely above the $172 and $175 resistance levels against the US Dollar.The price is currently struggling to break an important resistance area near the $180 level.There is a new key bullish trend line forming with support near $175 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin price surged more than...Read More
ETH Price Analysis – September 2 Ethereum price moves to break the $180 resistance level as the coin maintains its upward movement. ETH/USD Market Key Levels:Resistance levels: $200, $210, $220Support levels: $150, $140, $130 ETHUSD – Daily Chart Ethereum has performed better than other coins in recent weeks. Although the ETH price is progressing slightly,...Read More
It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of. Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum. Low Volatility Means Unattractive Investment Let’s...Read More
The clear rise in adoption of cryptocurrencies can be noted across various sectors, such as tourism. Major heavyweights of the tourism sector, such as Blockchain Cruises and Expedia, are already offering services that accept payment in crypto. Benefits of cryptocurrency payments are being realized at a global level. Travala, room-booking website that accepts cryptocurrency, achieved...Read More
The altcoin market has been bleeding out for what feels like forever now. The selloff has picked up in severity in recent weeks, but first started back at the start of 2018 when the crypto bear market first began, and Bitcoin price crashed, bringing down the rest of the market with it.But throughout much of...Read More
Ethereum is showing many bearish technical setups. The No. 2 crypto is likely to crash further before any signs of life will be seen. | Source: Shutterstock Ethereum’s recent price action is giving bears the courage to come out of hiding. After all, the No. 2 cryptocurrency is down by over 52 percent from the...Read More
With all the speculators projecting Bitcoin as a messiah against the mounting global market risks, it’s rival Ethereum is feeling neglected horribly.The second-largest blockchain project by market capitalization is up 31.77 percent on a year-to-date basis but appears dwarfed before Bitcoin, whose valuation within the same period has surged by more than 160 percent.Analysts believe...Read More
On September 3rd, 2019, the Maya Coin (MAYA) and Fantasy Sports (DFS) ERC20 tokens will be listed on the European Union licensed P2pb2b.io exchange. The tokens will be offered in BTC and ETH trading pairs at starting prices of $0.75 and $0.05 respectively. Both Maya Coin and Fantasy Sports are owned by UK Financial Ltd.,...Read More
A move above $173.70 is needed to improve the picture. The significant support is created on approach to 168.55. The second-largest cryptocurrency with the current market capitalization of $18.1 has been range-bound during early Asian hours. Ethereum has lost nearly 1% in recent 24 hours to trade at $170.70 at the time of writing. The...Read More
