Cryptocurrency Analysis and News Portal
With increased scalability and compatibility options, does Telegram's TON blockchain threaten to take over from Ethereum? | Source: Shutterstock. Image Edited by CCN. With just over a month left until the TON blockchain officially launches, Telegram’s debut cryptocurrency project is shaping up to be one of Ethereum’s biggest threats to date. Numerous would-be
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Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts.As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. This programming language is primarily used to develop
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ETH price declined heavily and broke the key $185 and $180 supports against the US Dollar.The price is currently correcting higher and is trading near the $172 and $175 resistances.There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via
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ETH price is under a lot of pressure below the $170 and $175 resistances against the US Dollar.The price is likely to decline sharply if it settles below the $165 support area in the near term.There is a declining channel forming with resistance near $169 on the hourly chart of
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The Ethereum issuance of Tether (USDT) is quickly becoming the most utilized version of the stablecoin - and pushing Bitcoin and Omni out of the game. | Source: ShutterstockTether (USDT) transactions on the Bitcoin blockchain are losing ground to Ethereum at an ever-increasing rate. Ever since the Tether stablecoin
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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
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It is clear that gaming is becoming a global industry. Just recently, the Fortnite World Cup, sponsored by FIFA, took place in New York. Tens of thousands of people descended on a stadium to watch gamers duke it out over a $30 million prize pool. Millions watched online, social
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ETH price is trading in a bearish zone below the $190 and $192 resistances against the US Dollar.The price is at a risk of more downsides if it breaks the $185 and $182 support levels.There is a key bearish trend line forming with resistance at $187 on the hourly chart
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Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6.Waiting on ParityEtherWorld founder Pooja Ranjan provided notes from Ethereum Core Devs Meeting 69 via GitHub on Aug. 24 — a day after the dev meeting
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Algo Capital has raised $200 million — twice its original $100 million goal — for its Algo VC fund. According to a press release shared with CryptoX on Aug. 27, the new fund will focus on investments in businesses that will help build infrastructure for the Algorand blockchain — an
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