Ethereum (ETH)

IOV Labs, the company powering Bitcoin smart contract platform RSK, has sealed a major partnership with blockchain venture builder Coinsilium. The entities have formed a joint venture company in Singapore with the goal of promoting RSK and the RIF OS modular blockchain. The Asia Pacific is a hotbed for blockchain innovation and the new IOV Labs company is seeking to capitalize on the region’s demand for distributed ledger and cryptographic systems. IOV Labs has invested $325,000 in...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD tech analysisButerin: the Ethereum platform is strongThe ETH joined the Japanese crypto indexThe ETH could grow in price on the coronavirus news but alasOn W1, the Ethereum price does not demonstrate any serious changes in market moods yet. The growth that we can see does not show any signs of a reversal and thus is interpreted as a pullback before another decline. The nearest important goal of the decline is the psychologically...

Litecoin price remained in a positive zone and recently tested $62.40 against the US Dollar.LTC price corrected lower and it is now trading above the $58.00 support area.There is a major bullish trend line forming with support near $57.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $61.00 and $62.40 resistance levels in the near term.Litecoin price is showing a lot of positive signs above $58.00 against the US Dollar,...

Blockchain technology continues to make waves around the world. And today, the world has witnessed what many believe to be the first major step towards a new way for startups to access capital.According to a press release by Andriotto Financial Services, dated January 29th, 2020, the country of Switzerland has recently approved OverFuture SA’s incorporation by using an IPO of tokenized shares stored directly on the blockchain.For many, the approval is considered as the first Swiss-compliant...

Against Bitcoin, ETC may face weekly resistance at 0.0015SAT levelETC is following a bullish sentiment across trading pairsETC/USD: ETC Buyers Regroup Stronger Following The Break Above 2019 HighKey Resistance Levels: $16, $20Key Support Levels: $10, $8ETC/USD. Source: TradingViewAfter a weak correction to $8, Ethereum Classic bounced back with more than 50% gains in just three days of trading. Over the past few hours, ETC’s price has increased by 16.48% and now changing hands around $12.34...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Cryptocurrencies keep growing after a small correction but the buyers have yet failed to break out the key resistance levels. That is why another bearish attempt to develop a descending correction is not to be excluded without a renewal of the local minimums, and only after that the prices of the...

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Syscoin, which launched in 2014 as one of the earliest pioneers of ICO fundraisers, has announced the launch of the Syscoin Bridge protocol, allowing ERC20 tokens to move from the Ethereum network into the Syscoin ecosystem. For network users who wish to take advantage of the newfound interoperability, block 348,000 on the Syscoin blockchain will provide the first opportunity.The pitch from Syscoin is for a decentralized, secure, low fee blockchain with high transaction throughput –...

The crypto landscape is drastically changing around the world – especially in Singapore where global cryptocurrency firms have been given the opportunity, through new payment legislation to expand the horizons of their operations to the country by obtaining operational licenses to function therein.This legislation, The Payment Service Act which becomes effective by Tuesday, is the first of its kind in the list of comprehensive regulations, regarding the activities of companies involved in the...

Ethereum saw another 4% price increase over the past 24 hours of trading, which caused it to climb back into the resistance at the 200-days EMA.Against BTC, ETH dropped beneath the short term ascending triangle but found support at the .382 Fib Retracement.Ethereum is still struggling to break the 200-days EMA resistance, which is bolstered by a bearish Fib Retracement. Once it breaks this, it could be heading toward $185.Key Support & Resistance LevelsETH/USDSupport: $165, $158, $145,...