Category: Etherium

Key Highlights ETH price is currently consolidating in a range above the $324.00 level against the US Dollar. There is a short-term contracting triangle pattern with resistance near $335.50 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to consolidate above the $324 level before making the next move. Ethereum price is currently consolidating in a tiny range against the US Dollar and Bitcoin. ETH/USD could move higher above $335 if it stays above Read more …

Key Highlights Ethereum classic price is correcting lower from the $19.50-60 levels against the US Dollar. There is a new connecting bearish trend line forming with resistance at $18.60 on the hourly chart of ETC/USD (Data feed via Kraken). The pair could decline towards the $18.00-17.50 levels before moving up once again. Ethereum classic price is correcting lower against the US Dollar and Bitcoin. ETC/USD might retest $18.00 before moving back higher. Ethereum Classic Price Correction This week, ETC price Read more …

BTC/USD 07.09.2017 Chinese ICO ban was this week’s hot topic. The news hit the market and it instantly reacted. Bitcoin looked stronger than the rest of the market but was going down as well. The $4400 support level was easily hit, even though it used to be a key level in August. Current situation: Since the downfall was caused by the big news, the resistance zones did not work out. As a result, a local $4400 support zone has been Read more …

Ethereum startup and incubator ConsenSys has announced a $50 million venture fund for startups working with blockchain technology. Named ConsenSys Ventures, the new fund is being led by investment specialist Kavita Gupta. Explaining the fund to Axios, Gupta stated that initial coin offerings (ICOs), the blockchain funding method that has swept the investment landscape this year, still have a lot to learn from traditional venture capital. According to CoinDesk data, by June 2017, ICOs had surpassed early-stage VC funding. Yet, despite the Read more …

Joseph Lubin’s Ethereum design studio, ConsenSys has decided to jump directly in the Blockchain venture capital ecosystem by setting up a dedicated venture investment arm. The new division, ConsenSys Ventures, would invest both in equity of Blockchain startups and in emerging cryptocurrencies. The company has hired Kavita Gupta as Founding Managing Partner to run the arm. Kavita comes with an interesting impact-investing background given her stints with the Google’s parent company Alphabet’s Executive Chairman, Eric Schmidt’s Schmidt Family Foundation, International Read more …

Casper is starting to look less like a ghost. While that might sound too good to be true for the long-waiting ethereum faithful, CoinDesk has confirmed that the network’s creator, Vitalik Buterin, is now in the process of crafting three white papers explaining Casper, the protocol’s much-anticipated version of proof-of-stake consensus. As such, the papers could come to mark a major milestone for ethereum in that, while Casper has long been proposed as a better and greener way to keep Read more …

Key Highlights ETH price after trading as high as $339.98 faced sellers against the US Dollar and started correcting lower. There was a break below an ascending channel with support at $333 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to decline and it is most likely to retest the $318-315 support. Ethereum price is currently correcting lower against the US Dollar and Bitcoin. ETH/USD made a short-term top near $339.98 and heading towards Read more …

The crypto markets rallied on Wednesday, ignoring the China ICO ban to begin climbing back to last week’s record levels. The bitcoin price led the way with an 8% leap past $4,500, while the ethereum price gained 10% to secure its position above $300. The litecoin price headlined a comprehensive altcoin advance that saw 92 of the top 100 cryptocurrencies experience price increases. Chart from CoinMarketCap This rally reversed the trajectory of the market, which had been careening downward for Read more …

The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk; you should conduct your own research when making a decision. The possibility of a war between the US and North Korea is threatening to derail the risk-on trade across asset classes. As a result, traders have been piling on safe havens like gold. Bitcoin and the other cryptocurrencies were also benefitting from this Read more …

A test network has been deployed for the Raiden project, a proposed scaling solution for ethereum designed to allow faster payments and lower fees. Revealed on the Raiden GitHub page yesterday, the testnet is a major milestone for the project, one that will lead to the next phase of development before the code is ready to launch on the live ethereum network. As with bitcoin, scaling is becoming an issue for the number two cryptocurrency by market capitalization. As more users make more transactions, Read more …

Key Highlights ETH price after yesterday’s decline towards $274 against the US Dollar found support and recovered. There was a break above two bearish trend lines with resistance at $298 and $320 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to trade higher towards $340, but it has to close above the 100 hourly simple moving average. Ethereum price reversed most of its losses against the US Dollar and Bitcoin. ETH/USD is above $320 Read more …

Key Highlights Ethereum classic price declined sharply towards the $16.20 support against the US Dollar before finding support. There is a major bearish trend line forming with resistance at $18.80 on the hourly chart of ETC/USD (Data feed via Kraken). The pair needs to break the $18.80-19.00 resistance for further upsides in the near term. Ethereum classic price is recovering after the recent slide against the US Dollar and Bitcoin. Let’s see if ETC/USD can break $19.00 or not in Read more …