Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX

Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX Founder of blockchain tech company ConsenSys Joseph Lubin has been appointed to the board of directors of cryptocurrency startup ErisX. The news was revealed in an official press release published Jan. 17. Cryptocurrency exchange ErisX is a reboot of a futures market Eris Exchange, originally established in 2010.…

Ethereum Price Analysis: ETH Could Rally If $116 Support Holds

Ethereum Price Analysis: ETH Could Rally If $116 Support Holds ETH price is currently consolidating above the $116 and $117 support levels against the US Dollar. Yesterday’s highlighted key bearish trend line is active with resistance at $126 on the hourly chart of ETH/USD (data feed via Kraken). The pair may gain bullish momentum sooner…

Ethereum Price Analysis: ETH Set for $150, Bull Pin Bar Prints

Ethereum Price Analysis: ETH Set for $150, Bull Pin Bar Prints Ethereum Price finds support above $120 Analysts say Ethereum Futures are complicated Transaction volumes low, ETH/USD ranging Even without Constantinople, prices are steady, and although it may be months or even years before ETH Futures gain traction, bulls are vibrant. At spot rates, there…

Ethereum Price Analysis: ETH Calm A Day After Constantinople Delay

Ethereum Price Analysis: ETH Calm A Day After Constantinople Delay Ethereum price steady Constantinople fails to take off, vulnerabilities discovered Trading volumes low, ETH/USD may consolidation Even though Constantinople is what Ethereum needs, this is the second time the upgrade has been put off. Luckily, ETH prices are steady against the USD. Before we recommend…

Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay

Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay ETH price trimmed most its recent gains and declined below the $121 support area against the US Dollar. There was a break below a connecting bullish trend line with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair still…

Ethereum: Analysts Believe Upcoming Constantinople Fork Will be Bullish Despite Delay

Ethereum: Analysts Believe Upcoming Constantinople Fork Will be Bullish Despite Delay Although Ethereum is currently seeing a price drop due to its highly-anticipated Constantinople hard fork being delayed, it will still likely prove to be a positive event for the cryptocurrency’s price once the security flaws are smoothed out and it is implemented. Investors will not…

Ethereum Price Analysis: ETH Consolidating, Buyers Could Take Control

Ethereum Price Analysis: ETH Consolidating, Buyers Could Take Control Key Highlights ETH price stayed above the $146 support and later recovered against the US Dollar. There is a connecting bearish trend line formed with resistance at $154 on the hourly chart of ETH/USD (data feed via Kraken). The pair could climb quickly if buyers clear…

Ethereum Miner Linzhi Calls Out Project Coders for Proposed ASIC Ban

Ethereum Miner Linzhi Calls Out Project Coders for Proposed ASIC Ban Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code…

Ethereum Foundation Grants $5 Million to Parity Technologies

Ethereum Foundation Grants $5 Million to Parity Technologies The Ethereum Foundation has just awarded a $5 million grant to Parity Technologies to support the firm’s work building the blockchain network’s next iteration, ethereum 2.0. The organization announced Monday that the funding is a “scalability, usability and security” grant, in particular aimed to boost work on Casper, a proof-of-stake…

Ethereum Price Analysis: ETH Starts Downside Correction Below $150

Ethereum Price Analysis: ETH Starts Downside Correction Below $150 Key Highlights ETH price failed to stay above the $155 support and declined recently against the US Dollar. Yesterday’s highlighted key bullish trend line was breached with support at $150 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to correct…

Analyst: 2019 Will be the Year of 2nd Layer Ethereum Scaling

Analyst: 2019 Will be the Year of 2nd Layer Ethereum Scaling According to an Ethereum (ETH) network and community analyst, this year’s major trend for the decentralised smart contract platform will be layer two scaling technologies. Proposed upgrades to the network include Plasma and the Raiden Network, amongst others. It seems that the Ethereum Foundation are aware of the pressing need…

Ethereum Studio ConsenSys Teams Up With Chip Manufacturer AMD

Ethereum Studio ConsenSys Teams Up With Chip Manufacturer AMD Ethereum development studio ConsenSys is partnering with computer chip maker AMD to develop a new cloud computing infrastructure based on blockchain technology. The startup announced Friday that it was working with AMD and Abu Dhabi-based investment firm Halo Holdings on W3BCLOUD, a cloud computing architecture supported by the…