ETH/USD Price Analysis: ICOs under Pressure, May Liquidate for Fiat

ETH/USD Price Analysis: ICOs under Pressure, May Liquidate for Fiat Latest Ethereum News It’s a selling frenzy out there. Although we cannot exactly pin-point the cause of this massive sell off, analysts and market pundits are linking this to the protracted hash wars between Bitcoin Cash ABC and SV. It has a contagion effect on…

Coinbase-Backed ‘Gods Unchained’ Releases Gameplay Trailer

Coinbase-Backed ‘Gods Unchained’ Releases Gameplay Trailer The blockchain-based card game Gods Unchained is giving would-be players a glimpse of what it will actually look like in action. The fantasy-themed trading card game, which draws inspiration from Magic: the Gathering and Hearthstone, uses the ethereum blockchain to house cards in the form of non-fungible tokens (NFTs).…

ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop

ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop After 11 months of relentless bears, statistics from Susquehanna, a US based trading and technology firm has confirmed that mining Ether is no longer profitable. This is mostly due to a relentless bears that have since drove prices from $1400 to $200. Because…

Ethereum Price Analysis: ETH/USD Stable As Price Accumulates Inside a $30 Trade Range

Ethereum Price Analysis: ETH/USD Stable As Price Accumulates Inside a $30 Trade Range Latest Ethereum News According to Vin Armani, the founder of CoinText, CoinGeek and Craig Wright have a sinister plan for Bitcoin Cash ABC and other proof of work public blockchains as Ethereum. He claims that Craig and Calvin plan to launch a 51 percent…

Ethereum’s Joe Lubin: Blockchain Will Help to Create More Wealth

Ethereum’s Joe Lubin: Blockchain Will Help to Create More Wealth Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin has said that with blockchain, society will move “from a scarcity to an abundance mindset,” in a New York Times (NYT) interview published Nov. 12. Lubin made his remarks at the NYT’s International Luxury Conference at the Intercontinental Hotel in Hong Kong, which…

Ethereum Sets Tentative January Goal for Next Blockchain Upgrade

Ethereum Sets Tentative January Goal for Next Blockchain Upgrade Developers are eyeing January 16th as the date on which Constantinople, ethereum’s upcoming network hard fork, could launch. The upgrade for the world’s second-largest blockchain was originally targeted for November, bringing with it a host of design changes aimed at streamlining the platform’s code in a bid…

Chinese School Principals Caught Mining Ethereum At Work

Chinese School Principals Caught Mining Ethereum At Work Two principals at a Chinese school got in hot water after stealing power from the institution to mine the ethereum cryptocurrency. According to a report from Hong Kong news outlet HK01 on Wednesday, Puman Middle School in Hunan province had been experiencing higher than normal noise levels from its computers…

Ethereum Price Analysis: ETH/USD Breaks Key Resistance, $230 Next?

Ethereum Price Analysis: ETH/USD Breaks Key Resistance, $230 Next? Key Highlights ETH price traded higher and broke the $215 and $220 resistance levels against the US Dollar. Yesterday’s highlighted key breakout pattern was breached with resistance at $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $223 level…

Markets Update: BCH Rallies, XRP Nears ETH Market Cap

Markets Update: BCH Rallies, XRP Nears ETH Market Cap In the cryptocurrency markets, BCH appears to be confirming the recent establishment of a double bottom at approximately $422, preceding bitcoin cash’s rally this past week that culminated in breaking resistance at roughly $600 today. XRP has also produced a strong rally in recent days, with…

ETH/USD Price Analysis: SEC Streamlining ICOs a Huge Boost for Ethereum

ETH/USD Price Analysis: SEC Streamlining ICOs a Huge Boost for Ethereum Even though there is a lot of legitimate concerns around the legality of ICOs, the SEC is about to streamline the space creating clear distinction between digital assets that are securities and utilities. Once these guidelines go live then Ethereum as a smart contracting…

Ethereum Energy Project Now Powers 700 Households in 10 Cities

Ethereum Energy Project Now Powers 700 Households in 10 Cities A little-known ethereum project called Lition is quietly helping real German citizens find cheaper energy. Launched earlier this year, Lition is already a licensed energy supplier in Germany with clients in 12 major cities (including Berlin, Hamburg and Munich) who are now using its decentralized energy market.…