Ethereum (ETH)

ETH/USD – Ethereum Resting At Trend Line Support Key Support Levels: $377, $364, $360.Key Resistance Levels: $390, $400, $410. Ethereum struggled to break the resistance at $416 (bearish .618 Fib) earlier in October which saw the coin heading lower this the past week. During the weekend, Ethereum managed to rebound from $380 and push as high as $390. Today, the bulls spiked above $400 but the coin has since dropped to the current level at $380. It is resting at the support...

The Reserve Bank of Australia has partnered with two major local banks and ConsenSys to explore the potential use of Ethereum-based wholesale central bank digital currency. The announcement from Australia’s central bank named the other partners – Commonwealth Bank, National Australia Bank, and the financial services company Perpetual.  The research group will develop a “proof-of-concept (POC) for the issuance of a tokenized form of CBDC that can be used by wholesale market...

The latest blog post from ConsenSys developer Ben Edgington suggests that things are getting very close to the highly anticipated launch of Phase 0 of Ethereum 2.0. The first part of this milestone event is the deployment of the deposit contract which has already been slightly delayed as developers wanted to wait for an audit on a performance and security focused signature library called blst. Edgington stated that the results of this are expected this week although there are...

CryptoPotato recently had the opportunity to interview Brian Kerr – the CEO of the DeFi project Kava. Built on Cosmos as a proof-of-stake blockchain, Kava allows users to stake tokens and participate as validators in the network. The project saw the light of day as an IEO on Binance Launchpad. Kerr’s project description said it’s a “stand-alone blockchain that has interoperable bridges, Chainlink oracles, unique validators, and other infrastructure that allows it to provide a...

NEO galt lange als die chinesische Version von Ethereum. Mittlerweile ist das NEO Blockchain Projekt komplett international aufgestellt. Mittels einem kurzen Statement, welches an die gesamte Community des bekannten Krypto-Projekts „Neo“ gerichtet war, hat die Neo Foundation einen kurzen Rückblick über die erfolgreichen letzten Jahre des Krypto-Projekts gegeben und zudem einen...

Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed above $13,500, and reached the resistance at $13,815 (1.272 Fib Extension). The bulls could not close a daily candle above this resistance, which led to...

Ethereum-based lending protocol Aave is migrating from its LEND tokens to AAVE tokens as a part of the Aavenomics proposal, allowing AAVE holders to control the Protocol.The exchange rate within the migration initiative is set at 100:1, i.e. for 100 LEND tokens a user gets 1 AAVE token. So far since the launch of the migration on October 2, 85.93% of the total LEND circulating where transferred to AAVE.Photo: AaveWhat is Aavenomics?Aavenomics is a decentralization initiative of the Aave...

Deepak Chopra’s name is synonymous with meditation, mindfulness, and healing through healthy living. And according to the latest update, the world-renowned author and thought-leader is considering buying bitcoin. Mr. Chopra is also about to launch ‘Love in Action,’ his own blockchain-based token. Deepak Chopra Officially Enters The Blockchain Space It is important to note that Mr.Chopra had already stoked the ire of Ethereum bigwigs more than 2 years ago for being announced...

Australia’s first capital raising platform to accept AUD and cryptocurrency, which operates an aquaculture farm in Malaysia, is accepting crypto assets in its first initial public offering (IPO).As the part of its capital raising effort before floating on the Sydney Stock Exchange (SSX), STAX – an Aussie crypto-friendly capital raising firm – has announced its client West Coast Aquaculture Group (WCA) would conduct Australia’s first IPO where the Tether digital currency would be accepted as...

Atypical performance isn’t something new for cryptocurrency assets. Flash crashes and massive positive wicks have taken place in the past. Just yesterday, ETH went through something similar. The price of the asset shot up by almost 50% only to crash immediately down to $197 and settle to where it’s currently trading on Binance. ETH Price Going Crazy on Binance Perpetual Contract In the span of a few hours yesterday, October 28th, the price of ETH on Binance’s perpetual...