Ethereum (ETH)

Popular digital asset trading platform FalconX has raised $17 million from investors such as Coinbase Ventures, Flybridge Capital Partners, and Avon Ventures.FalconX Secured Funding Of $17MFalconX announced earlier today that it had raised $17 million in a financing form. In addition to the investors listed above, the rest are – Fenbushi Capital, Lightspeed Venture Partners, Accomplice VC, and Accel.Founded in 2018, FalconX has become a popular cryptocurrency trading platform with a reported...

Ethereum continued to trade in a range between $190 and $200.Against Bitcoin, the price may dip lower if the 0.021 BTC support fails to provide a rebound.The trend remains in a downward range on the 4-hours chart.ETH/USD: Ethereum Pushes Toward $200Key Resistance Levels:  $200, $215, $226Key Support Levels: $175, $166, $152.6, $141ETH/USD. Source: TradingViewThe recent crash in Bitcoin’s price from $10000 to $8150 pulled major altcoins in a downward spiral, including Ethereum, which is now...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market is correcting before another descending wave. In the past, Bitcoin didn’t start rising aggressively after the halving, on the opposite, it...

After some clarifications from Vitalik Buterin, it has become fully obvious that Ethereum 2.0 won’t be launched this July. The year 2021 is a more realistic period for this launch.Earlier this week, there was a mixup in regards to the launch date of Ethereum 2.0. It started when Vitalik Buterin, co-founder of Ethereum confirmed a July launch for the project in an interview. Buterin, when asked if ETH 2.0 would launch in July, answered saying “yes,” before being corrected by Afri Schoedon, ETH...

The Ethereum blockchain is suffering a period of heavy congestion, partly caused by what appears to be a Ponzi scheme. Thousands of transactions are being pinged all across the network—all leading to a single address, which now holds $5.3 million worth of Paxos Standard (PAX) tokens.That address belongs to the operators of MMM Global – a multi-level marketing scheme that offers 1% returns on investment per day. Targets are urged to contract more people into the scheme, with the promise of...

Die Krypto-Börse ErisX hat nun ihr Portfolio um Future-Kontrakte für die Kryptowährung Ether erweitert. Seit Juli 2019 besitzt die Firma ErisX eine offizielle Genehmigung für den Handel mit gedeckten Futures der Kryptowährung Bitcoin. In der Zwischenzeit hat die Firma an einem Etherum-Future gearbeitet und nun auch eine Genehmigung für diese Zertifikate erhalten. Verträge für...

ErisX has announced that it is launching Ethereum futures contracts. It is the first U.S.-based exchange to introduce physically-delivered ETH futures.Crypto exchange firm ErisX has announced that it would begin trading Ethereum futures contracts on its platform from Monday, May 11. The firm also took to Twitter to announce, saying that the Ethereum blockchain community and a broader capital market would benefit from the regulated product.ErisX is proud to be the first U.S. based exchange to...

Tether (USDT) has become the third-largest crypto in terms of its market capitalization that is said to reach $8.8 billion.Tether (USDT) has become the third-largest cryptocurrency. This occurred as the Bitcoin halving event occurred seamlessly. Sources report large inflows of the world’s largest stablecoin into exchanges.Tether (USDT) now has a market capitalization of about $8.8 billion. This places the Ethereum-based token as the second most capitalized altcoin after Ethereum (ETH).As of...

The giant mining firm, BHP Billiton, has reportedly completed its first yuan-denominated transaction of iron ore utilizing blockchain technology. The company sold materials worth over $14 million to China Baoshan Iron & Steel Co LTD (Baosteel) – the listed arm of the world’s biggest steelmaker China Baowu Steel Group (Baowu).Blockchain Utilized For Iron Ore SaleNearly four years ago, the massive mining firm revealed its plans to begin employing the Ethereum blockchain to improve the...

Ethereum price started a major decline after it failed to clear the $220 resistance against the US Dollar.ETH price declined sharply below the $200 and $198 support levels.There was a break below a key contracting triangle with support near $200 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating losses and likely to face resistance near $192 and $198.Ethereum price is back in a bearish zone below $200 against the US Dollar. ETH/USD is likely to continue lower...