Ethereum (ETH)

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 market of digital assets keeps growing confidently. Once again, we can see the main coins test the resistance levels, however, the bears have yet failed to...

Ethereum price has broken $250 after JPMorgan has demonstrated its interest in a partnership with ConsenSys. This could push the Ethereum price to new heights as developer is preparing to Ethereum 2.0 transition.JPMorgan is paying attention to Ethereum blockchain and has offered a partnership to ConsenSys. Currently, Ethereum trades around $251, showing the signs of incoming action. The price goes up on a set of news.Reuters informed that a possible partnership between the big bank and the...

Ethereum witnessed an increase of 15% today, making it the strongest performing coin out of the top 5 cryptocurrencies.ETH penetrated above the $240 resistance to reach the current price of $253.It also climbed well above 0.023 BTC against Bitcoin to create a fresh 7-month high.Key Support & Resistance LevelsETH/USDSupport: $250, $240, $225.Resistance: $268, $277, $300.ETH/BTC:Support: 0.0239 BTC , 0.023 BTC, 0.022 BTC.Resistance: 0.0247 BTC, 0.0261 BTC, 0.0278 BTC .ETH/USD: Ethereum...

Sigma Prime’s Lighthouse project just unveiled an Ethereum 2.0 testnet it hopes will be capable of handling 100,000 validators. Sigma Prime is ready to stress test the Ethereum 2.0 client before it goes public. Paul Hauner, a lead developer for Lighthouse, posted a video unveiling the ETH2.0 testnet on Twitter this week. In a reply thread on the original video, Hauner says the testnet will be playing with 3.2 million “pretend ETH” (or a little under $800 million worth of simulated...

It is expected that within the next 6 months, JPMorgan will officially announce the merge of its blockchain system Quorum with that of ConsenSys. The companies are in talks now.JPMorgan Chase & Co, one of the largest banks in the United States by assets, is considering merging its blockchain unit Quorum with Brooklyn based startup ConsenSys. This is according to a post on Reuters posted on February 11 analyzing the deal and its possible outcome.According to the post, the deal is likely to...

Google Cloud has become a new partner of Hedera Hashgraph. Now they will cooperate to give a significant bump to the Distributed Ledger Technology (DLT).As it is known from the recent reports, Hedera Hashgraph is actively working on Distributed Ledger to boost the finance industry.  Now it has chosen Google Cloud as its new reliable partner to move forward in this direction. The digital economy evolves as the developers from DLT camp present new challenges and answers to the public. DLT is...

Canadian joint venture has launched a new stablecoin pegged to the Canadian Dollar (CAD). Dubbed QCAD, users can trade it against Bitcoin, Ethereum, and USDC, and it’s supported by cryptocurrency custodians Balance and Bitvo.Canada’s First Stablecoin – QCADAnnounced earlier today, QCAD is built on top of the Ethereum blockchain, and it’s based on the ERC-20 standard. It will be backed by the Canadian Dollar, resembling most stablecoins pegged to a widely used fiat currency.QCAD is the first...

ETH price is increasing, however, there are still issues related to transaction capacity. The Optimism startup, that once was the research-oriented Plasma Group, wants to address these problems.The Ethereum network is constantly searching the ways of improving transaction volume. The startup Optimism is now trying to lead the charge. Since the network’s output is pretty much defined to approximately 15 transactions per second, Ethereum cannot become an extensive platform for automating...

Place/Date: Switzerland - February 11th, 2020 at 10:24 am UTC · 3 min read Source: EBO Even now in 2020, being a cryptocurrency user can be convoluted. If you want to buy an altcoin and store it in your own wallet away from an exchange, it could take up to three separate transactions if you’re not already holding some BTC or ETH.Of course, centralized exchanges have no incentive to address this. They want your funds in their wallet because you’re more likely to trade them, handing over...

Ethereum price traded to a new 2020 high at $231 and recently corrected lower against the US Dollar.ETH price is currently trading below the $225 and $224 support levels.There is a key bullish trend line forming with support near $206 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after it completes the current correction near $213 or $206.Ethereum price is trading nicely in an uptrend above $200 against the US Dollar. ETH/USD is currently correcting lower,...