Disclaimer: I am an active participant in the Ethereum project and part of the organization along with Vitalik Buterin and Mihai Alisie. If you aren't yet hip to Ethereum, let me tell you just how excited I am for this project! I've never believed in the social value of altcoins, but Ethereum is something special, just like Bitcoin was special compared to eCash. In essence, Ethereum takes the blockchain/consensus technology and wraps a new system around it, such that Bitcoin is just a currency. And what is currency but some digital asset? Except digital assets can represent something more....
Ethereum classic price started to trade in a range above a support area versus Bitcoin. Can buyers gain strength for a recovery?
Ethereum classic price after a decline against Bitcoin started to consolidate above a major support of 0.0020BTC.
Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still in play and acting as a resistance.
There is a minor chance of a recovery in ETC/BTC if the price continues to consolidate above 0.0020BTC.
Ethereum Classic Price Support.
Ethereum classic price yesterday moved....
The first live release of the Ethereum project called “Ethereum Frontier” was released this week, but leaked communications between developers suggest that the project’s future may be under question. The frontier release focuses on command line tools, which allow developers to load and execute contracts and send ethers to each other on the Ethereum blockchain. Users and developers may also create a tradable digital token that could be classified as a currency or an asset. The “currencies” on the Ethereum blockchain utilize a standard coin API, which enables contracts to be automatically....
Ethereum price started a correction after a monster decline. Can the price consolidate before gaining further or is this an indecision?
Ethereum price after a nasty decline against the US Dollar this past week found support near $7.00.
ETH/USD recovered a few points before closing the week above the $8.00 resistance area.
There was a bearish trend line formed on the 4-hours chart of Ethereum price (data feed via Kraken), which was broken to open the doors for a move higher.
Ethereum Price – Buy Dips?
Ethereum price declined heavily this past week and traded....
Ethereum announced the beginning of its 42-day presale for Ether, the crypto-units which will fuel its distributed application software platform. Ethereum will acquire the Ether through a premine. Due to the controversial nature of premines, Ethereum will likely face competition from forks once the project source code is released. Ether, the Fuel of the Ethereum Project, Is Available for Pre-Order. Earlier today, Ethereum began its official 42-day Ether presale. The developers are selling the Ether through a fixed-price model. Initially, 1 bitcoin will purchase 2,000 ETH, but that number....