Cryptocurrency Analysis and News Portal
ETH price started a sharp downside correction after trading as high as $198 against the US Dollar.The price is currently holding an important support area near the $180 level.There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed
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After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated.Buterin has voiced this opinion during Devcon 5, the Ethereum developers conference that took place in Osaka on Oct. 8–11.
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Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There were only 11 stablecoins on the market in
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A startup building domains on blockchains has just launched a .crypto name registry on ethereum. Unstoppable Domains – a firm backed in May to the tune of $4 million by Draper Associates and Boost VC – said Friday that the
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The CFTC chairman confirmed that Ethereum qualifies to be a commodity and all the forked assets like the Ethereum Classic shall be subjected to similar regulatory considerations.According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking
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Australia’s only bullion mint is backing a new digital token aimed to allow investors to trade the precious metal in real time. The Perth Mint Gold Token (PMGT) was launched by InfiniGold on Friday, and is backed 1:1 by GoldPass certificates issued
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Ethereum price is trading nicely above the $188 and $185 support levels against the US Dollar.Bitcoin price is showing positive signs and it is trading above the $8,400 support area.There is a major bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via
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Ethereum founder and programmer Vitalik Buterin thinks the Proof-of-Stake protocol will make the Ethereum blockchain safer than Bitcoin in the next few years according to a press release dated October 9, 2019, from Decrypt. On the stage of the Ethereum conference in Osaka, Mr. Buterin explained the reasons why network
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Ethereum venture production studio ConsenSys has selected seven new Ethereum-based projects to support with $175,000 of funding.ConsenSys recognizes “more unique ideas”Speaking to crypto industry media outlet CoinDesk on Oct. 10, the company’s head of experiential marketing Yadira Blocker confirmed the latest round of startups to receive cash.ConsenSys has been
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ETH price surged higher and broke the key $185 resistance against the US Dollar.The price is currently correcting lower after setting a new monthly high near the $196 level.There is a short term breakout pattern forming with support near $191 on the hourly chart of ETH/USD (data feed via Kraken).The
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