Ethereum Price Technical Analysis – ETH/USD Buyers in Control

Key Highlights ETH price is trading in a bullish zone above the $630 support zone against the US Dollar. There are two important bullish trend lines forming with support at $640 and $635 on the hourly chart of ETH/USD (data feed via Kraken). The pair is eyeing more gains in the short term above the $675 resistance level. Ethereum price surged higher against the US Dollar and Bitcoin. ETH/USD is…

How To Test The Waters Before Diving Into Blockchain

survey of 200 business leaders by SAP finds while 92 percent view blockchain as an opportunity, only three percent actually have blockchain in production. The two most promising applications seen for blockchain include supply chain management and legal/regulatory oversight. Photo: Joe McKendrick Test the water before diving into blockchain. As evidenced by the relatively slow pace of adoption against all the hype and hope, executives need to think carefully about why,…

Ethereum Devs Publish Upgrade Proposal To Move Network Away From Mining-Related Issues

Developers of Ethereum (ETH), the largest altcoin by market capitalization, have published Ethereum Improvement Proposal (EIP) #1011 on Friday, April 20, to create a hybrid system of consensus that seeks to push the network away from issues associated with crypto mining. The proposal consists of specifications for implementing the Hybrid Casper the Friendly Finality Gadget (FFG) network update, which will combine Proof-of-Work (PoW) with Proof-of-Stake (PoS) consensus, with the goal…

Ethereum price analysis for April 23rd – Still soaring!

Ethereum price continued rising throughout the past 48 hours exceeding $630 at the time of writing of this analysis. On Monday’s trading sessions, the price of ether rose from a day low of around $600 to a day high of $650, which denotes that the market has been moving by recording higher highs throughout most of the 4 hour trading sessions. The market is still moving according to the uptrend…

Cryptocurrency firm Coinbase suspends WikiLeaks' bitcoin account

WikiLeaks says Coinbase has suspended it from using the cryptocurrency firm’s payments service. div > div.group > p:first-child”> Coinbase offers a feature that lets online shops accept cryptocurrencies as payments. WikiLeaks, which publishes confidential documents, also sells items such as T-shirts and posters, allowing people to pay in bitcoin. WikiLeaks posted a tweet over the weekend showing a message it had received from Coinbase. The cryptocurrency firm said WikiLeaks was…

Here Comes The Latest ETF For China Blockchain Fans

<div _ngcontent-c20 innerhtml=" RealityShares gets ready to launch its China-centric blockchain fund as early as next week. (Shutterstock) If you are of the mind that China is going to be a huge player in blockchain technologies and maybe even cryptocurrency despite bans on digital money exchanges there, then there is a new ETF in the works with your name on it. Over the last few months, at least two exchange-traded…

The Blockchain For Real Estate, Explained

<div _ngcontent-c20 innerhtml=" Shutterstock There is a lot being written about blockchains, bitcoin and related technologies, and for many real estate professionals, this is part of a brave, new, confusing world of technology. Like the original internet, the blockchain is a revolution in technology that will touch all people and all businesses. So people are paying attention, but many still don’t understand what the blockchain is. Imagine that you and…

How To Make Money With Blockchain, Despite The Hype

last week’s article on the Blockchain Expo in London, I pointed out that many blockchain-based endeavors struggle to find a rational business model. In fact, blockchain’s decentralized nature presents many entrepreneurs with a difficult choice: build a decentralized system but forego a solid revenue stream, or create a centralized business model that leads to real profits but avoids the very aspect of blockchain that makes it so disruptive. Fortunately, there…

How The Tiny Nation Of Georgia Became A Bitcoin Behemoth

Enlarge this image Cryptocurrency mining has come to Georgia. U.S.-based company Bitfury has been accounting for much of the buzz. Andrew North for NPR hide caption toggle caption Andrew North for NPR Since long before anyone can remember, the big, fertile slopes of the Alazani Valley in eastern Georgia have been planted with grape vines. It’s the heartland of wine-making in the country that invented it 8,000 years ago. But…

Ethereum's Proof of Stake Protocol Under Review

Over the past week, the global crypto market has recovered tremendously and is now proving all of the naysayers wrong. Of course, in the midst of all this,  many positive changes have also been taking place behind the scenes – with Ethereum developers announcing that they will soon update the network’s consensus protocol to the eagerly awaited proof of stake algorithm. Known as the Ethereum Improvement Proposal (EIP) 1011, developers announced on Friday…