There has been a recurring argument about the distribution of tokens and pre-mining of coins, especially for Bitcoin, Ethereum, and XRP. Some argue that the pre-mining and allocation of funds to founders/company has to be done to stay afloat. However, others disagree. This a touchy topic that dips its toes into ethics and morality. Bitcoin […]
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Ethereum naysayers were out in force as the week began after co-founder Vitalik Buterin warned that the network’s blockchain was “almost full.” Buterin: ETH ‘Already Expensive’ In an interview with Canadian mainstream news outlet The Star, Buterin, discussed the future of Ethereum, along with the problems cryptocurrency faces on the path to broader adoption. Using Read more…
Over the last 10 days Ethereum (ETH) has seen a sharp pull-back. The $180 support appears to be holding for now but with large selling pressure entering the market further downside is looking likely. ETH/USD 4-Hour Analysis On the 4 hour chart for ETH/USD, we can see the correction taking place over the last 4 Read more…
The second-largest cryptocurrency is no exception to the wrath of Bitcoin; price of ETH has collapsed by an excess of 14%Â in the last 24 hours, which is a result of Bitcoin’s drop. The price of ETH, at press time, was $179.99 and had a market cap of $19.5 billion. Why the Drop? Bitcoin has […]
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Built on scientific philosophy and peer-reviewed academic research, the “third-generation” blockchain platform, Cardano, has often been touted as one of the best blockchains in the cryptocurrency space. Working alongside IOHK, a tech startup founded by Charles Hoskinson and Jeremy Wood, Cardano’s journey from the early stages of Byron to the most recent development of the […]
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Ethereum price recently broke out of a period of consolidation as mentioned in my previous analysis on ETH, completing an asymmetrical triangle in favors of the bulls but has since begun a pullback breaking the short-term support. Bears now eye $190 support around the visible range low. Ethereum Price 1-Hour Analysis On the 1 hour Read more…
Together with Bitcoin, Ethereum is one of the most critical blockchains ever developed. Ethereum shifted the world’s attention from cryptocurrencies to their underlying technology, the blockchain. Nonetheless, the blockchain has nevertheless faced many challenges, but enthusiasts believe Ethereum (ETH) qualifies as sound money. Throughout history, there have been different models of sound money. The latest Read more…
Ethereum’s price looks like it is undergoing a dead cat bounce. The price [in terms of USD] is slipping down and there is a possibility that it might revisit the bottom formed in December 2018. Evan Van Ness, an Ethereum developer, believes otherwise and tweeted that the bottom for Ethereum was in, explaining his views […]
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The developers of Ethereum (ETH), the world’s largest platform for building and deploying decentralized applications (dApps), have been experimenting with different approaches for effectively scaling the smart contract platform. Ethereum Co-Founder Vitalik Buterin has considered using other blockchain platforms as data layers for the Ethereum network. These platforms include Bitcoin Cash (BCH), Ethereum Classic (ETC), Read more…
The king is running full steam ahead, and no one can catch up. Everyone who thought 2019 would be the “altseason” and Bitcoin would be pushed off its dominance perch, has had to eat their words. After going through a sluggish, but hopeful Q1, the second quarter has been nothing short of a bullish miracle, […]
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