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Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported
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AnalysisEthereum (ETH)trade is currently trading at $172.50. As you can see in the graph below, the ETH price is trading between the channels. The next resistance level is at $182 and support level is at $170.Long positions can be taken around the first support level, keeping the it as a
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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
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Venture capitalist Fred Wilson dissed Ethereum while praising bitcoin and brown-nosing Facebook's beleaguered Libra "cryptocurrency." | Source: ShutterstockVenture capitalist Fred Wilson is backpedaling after one of his many lame predictions blew up in his face. Again.This time, Wilson dissed Ethereum while praising bitcoin and brown-nosing Facebook's beleaguered Libra "cryptocurrency."The
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According to official news released by Bitfinex on September 3, the exchange has added support for two derivatives products based on Bitcoin and Ethereum. Bitfinex, the Market Leader Founded in 2012, Bitfinex is a cryptocurrency exchange providing advanced services for digital currency traders and liquidity providers, while also being closely linked with the most popular
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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
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Ethereum Classic Labs, a core Ethereum Classic development and accelerator organization, announced partnerships with social media dApp iZbreaker and blockchain infrastructure developer Second State.Second State will build the next generation Ethereum infrastructureOn Sept. 1, the developer and maintainer of the Ethereum Classic blockchain said that they had partnered with
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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
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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: ShutterstockEthereum’s recent price action is giving bears the courage to come out of hiding. After all, the No. 2 cryptocurrency is down by
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ETH price is currently correcting higher and is trading above $170 against the US Dollar.The price is likely to face a lot of hurdles on the upside near the $176, $178 and $180 levels.There is a connecting bullish trend line forming with support near $168 on the hourly chart of
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