While it is true that Bitcoin is clearly the biggest cryptocurrency in the world by way of market cap, over the years, Ethereum (ETH) has often been touted as the cryptocurrency that could eventually topple it. Although nothing of the sort has actually happened yet, there is now new hope among traders and market watchers that ETH could be heading for a bullish move soon.
Ethereum’s scaling platform, SKALE Network, has reportedly raised $17.1 million in a recent funding round for the launch of its mainnet. The company has indicated that this is Ethereum’s best chance of beating other smart contract platforms.
After the Bitcoin rally subsided back in 2018, there was a lot of talk that the world’s second-biggest cryptocurrency, Ethereum, had the potential to eventually upstage BTC. It did not seem like the most unrealistic claim at the time, but over the past months, it has become abundantly clear that this is unlikely to happen anytime soon.
The cryptocurrency market is currently in a free fall with Ethereum (ETH) being the biggest casualty. In the last 24 hours, the coin has lost almost 20%.
Ethereum has been leading the crypto rally over the past week after the slump in the first half of 2019.
While Bitcoin went on its incredible rally during the first half of the year, its biggest competitor, Ethereum (ETH), struggled massively and failed to generate any meaningful gains for its holders. There was a time when many had predicted that ETH was going to eventually overtake Bitcoin, but that never came to pass, and this year, the performance was particularly disappointing.
Spanish banking giant Santander (NYSE:SAN) has announced today that it has become the first bank to use blockchain to manage a bond issue.
Following Bitcoin’s rally in recent weeks, there has been a tremendous upward momentum for major cryptocurrencies such as Ethereum that have gained significantly from their yearly lows to the current prices.
Ethereum is now firmly established as the cryptocurrency with the second biggest market cap after Bitcoin, and more good news could be on the way for the coin if recent reports regarding CTFC approval of Ethereum futures are to be believed.
Ethereum 2.0 is closely approaching. The blockchain project has just launched its first pre-release for phase zero of the network’s transition to the new and improved Ethereum (ETH). Yesterday, Ethereum published a new post on its Github releasing the details of the pre-release.
Ethereum (ETH) is up over 71% for the month, as its devs prepare for its upcoming hard fork. The major hard fork was supposed to take place in 2018 but was pushed back. Since then, the whole Ethereum community has been steadily working to bring this thing to life. Now, it finally has an end date. The hard fork is scheduled to occur on block #7,080,000, which should happen around January 16th.
A digital exchange opening next week allows investors to trade in major public companies using digital currency on Ethereum. DX.Exchange is a first of its kind in the cryptocurrency space. The exchange allows trades to occur even when the markets are closed.
Two days ago, brand new code was released on GitHub that had a Constantinople activation time within it. The post reads that Geth, or ‘Go Ethereum,’ is a special release and a hard fork will take place on the Ethereum (ETH) mainnet at block 7,080,000. This new hard fork is expected to take place around January 16th, 2019.
In today’s edition of Ethereum news, we’ll cover the details of Ethereum Startup Parity Technologies adding Casper code to their blockchain toolbox and why Ethereum’s co-founder, Joe Lubin, invested in a competitor.
Mainstream media has recently been sparking the question, “is Ethereum (ETH) dead?” Most journalists running these stories were referring to Ether or ETH, the digital token that runs on the Ethereum network.
Ethereum phase two: Co-founder of Ethereum (ETH), Joseph Lubin, just made a big announcement about the world’s second largest blockchain ecosystem.
At a Blockchain Summit in Morocco on Sunday, July 8, Google’s co-founder Sergey Brin announced that he and his son, much to everyone’s surprise, are Ethereum (ETH) miner’s. Brin is the president of Alphabet, the parent company of Google which he co-founded in 1998.
Ethereum (ETH) – The developer of Ethereum’s EIP-1011, Danny Ryan, just announced some updates to Ethereum’s scaling solution.
SEC says Ethereum is not a Security! | Bloomberg News
Ethereum (ETH) – We’ve all seen it, the pinned posts from most cryptocurrency leaders on Twitter stating that they “are not giving away or accepting digital assets.” Mostly, it revolves around the world’s second largest cryptocurrency Ethereum [ETH], but it has made its way to other digital tokens as well.
Ethereum [ETH] – Parity Technologies, the developers of the widely-used software that allows a secure interaction with the Ethereum blockchain, has just announced via their company’s Twitter page that their developers have discovered yet another critical bug within their software.
On Thursday morning, Ethereum price moved past the $550 level, trading between $565 and $575 for the past few hours. A bullish trend line formed earlier in the morning, establishing a major resistance level at $580.
With the success of the Ethereum Classic fork, what’s next for ETC?
Ethereum [ETH] – Ethereum’s [ETH] co-founder, Vitalik Buterin, seems to be a hot commodity in the tech space, as he tweeted two days ago that Google was actively trying to recruit him for a job. Buterin asked his followers if he should ‘drop’ Ethereum and work for Google and then tweeted a poll following the question.
Liquidity Network and Ethereum [ETH] – Scalability has been a prolonged issue surrounding Ethereum [ETH] for almost a year. Back in November at the Devcon3 conference in Cancun, it was the primary topic of discussion, but the weekend ended with no clear solution. There have been various projects to emerge that have the potential to solve the issue, but none have succeeded – yet.
Ethereum [ETH] – Just this morning, China’s Ministry of Industry and Information Technology released blockchain ratings. These ratings were based on three criteria technology, innovation, and application.
Ethereum (ETH) has announced the dates for this year’s Devcon4. The annual Ethereum conference has focused on research, development, developers, and other Ethereum-based presentations for the past four years. It is a hotly anticipated event on the Ethereum calendar every year.
Ethereum [ETH] Futures – Crypto Facilities, a U.K-based cryptocurrency trading platform, announced this morning that it would be launch Ethereum futures later today. The official statement reads:
On April 27, the world bore witness to something historic, something unforeseen by many. On April 27, the leaders from North and South Korea met and signed a peace agreement. Now, the world has been informed that this declaration of peace has been permanently recorded. Not on a camera, either. It has been recorded on the ethereum blockchain.
There’s a lot of news floating around about the Ethereum network this week. Some bad, some good. This article, however, is going to focus primarily on the latter news.
The war on crypto continues as potential Ethereum regulation causes the coin to drop nearly 6% on Tuesday.
Wouldn’t it be nice to make some extra income just by browsing social media? Well, there’s good news for Ethereum investors: Golem goes live today. Golem is a peer-to-peer market that lets users put their excess CPU powers to use for other people. It’s been in the works for three years now, and the Golem team announced the news this morning via their Medium.
Bitcoin is the king of cryptocurrencies? Think again. A study conducted by India’s free internet provider, Jana.com, has found that ethereum is more popular than bitcoin in India. Bitcoin has been dethroned.
The infamous Satoshi Nakamoto is still a mystery. Nobody truly knows the identity of the creator of Bitcoin, but many have claimed to be him. It was once speculated that Elon Musk, Tesla’s (NASDAQ:TSLA) CEO, was Mr. Nakamoto but later, Musk put those rumors to rest. Sad, – how cool would that be?
On Monday morning, Ethereum recovered from its weekly low of 375, and it is now trading at around the $385 price region. A major resistance level was established earlier today at $395, while the current support level is $380.
Have you ever used LocalBitcoins? If so, you’re going to love LocalEthereum.
Following its recent recoveries, Ethereum price plunged by over 15% at one point today, sinking to a low of $815.30. It’s now back to where was at the end of last week, unable to maintain its positive momentum from the past few days. The price drop was generally attributed to a market-wide crypto selloff.
Ethereum coins, as well as all other cryptocurrencies, could possibly hit $0. The Russian-Canadian founder of the second largest cryptocurrency put out a striking statement to his Twitter (NASDAQ:TWTR) followers two days ago. Vitalik Buterin warned cryptocurrency investors of the market’s still new and highly volatile nature. He expressed his concern with seeing individuals investing more than they can actually afford.
After breaking above yesterday’s $920 resistance level, ETH price went up slightly today. The coin did manage to break the $950 level briefly before pulling back to its current price near $930. ETH is currently holding down a major support at $915, while a resistance of $938 is something investors need to monitor for its next move up.
ETH price reached the $900 mark over the weekend but was unable to break out further, after which it went on a bearish run. Since Monday, it began to fall below the previous support level of $865, trading at as low as $821.11.
February 7, 2018 – daily Ethereum Price Analysis.
Ethereum price analysis: rising back is a promising sign.
Previously, we’ve established a support level of $880, which was obviously broken down as ETH began to sink over the weekend. In fact, the downside movement was able to slip below two possible support levels at $760 and $700.
On Friday, ETH sank below $1,000 for the first time in a week amid the intensifying global cryptocurrency sell-off that transpired over the past couple of days. Its price even dropped to as low as $758 at one point, but it managed to bounce back to around $898, as of 2:30PM PST.
It’s been a tough day on the cryptocurrency market, as rumors flew of yet another “ban” on cryptocurrency. Various news outlets claimed early this morning that India’s Finance Minister, Arun Jaitley, said that the country would be banning all cryptocurrency assets. However, that was not the case but it seems like a group of investors have believed the sources without doing any sort of research of their own. In a budget meaning this morning the minister said:
Ethereum had faced considerable losses in the second half of 2017, declining its market capitalization to the level of $40 billion in early December. Since then, its price and the market capitalization bounced back sharply. The rally in its price was supported by the wide acceptance of ethereum in global financial markets.
The Ethereum-enabled cryptocurrency exchange EtherDelta was hacked on Wednesday, falling into a phishing scheme.
Cute kittens, yes kittens, have begun taking over the Ethereum blockchain. Launched on November 29th, Ether holders have spent over $3 million on these virtual kittens on the blockchain-based, digital Pokemon-like game called CryptoKitties. Created by the San Francisco and Vancouver based design studio AxiomZen, CryptoKitties has now become the second most popular application on the Ethereum Network.
A cryptocurrency startup based on the ethereum network in early November raised close to $375,000 USD in just two days and this past Sunday, the founders, and startup have completely vanished.
New details have emerged from the $160 million USD of ether still frozen in Parity Wallets.