Ethereum (ETH) Price Tries To Breach $1,800 Resistance, Guns For $2,000
Ethereum rallied from the hype generated by the Merge announcement. Although this is recent news, ETH already hit the $2,000 mark after the bearish July market. After over a month of price increases, ETH’s price closed in on the $2,000 mark. One of its highest since the entire crypto market crashed. However, the most recent rally has placed confidence in investors and traders alike. Related Reading: XRP Bulls Charge Hard To Pull Prices Up Past $0.34 After A Dismal August The Highly-Anticipated Merge The rally was because of the recent ETH Merge announcements that has been the talk of....
Related News
Hashflare, likely the first of the non-Ethereum family to come out publicly as affected by the breach in the DAO contract, has suspended ETH mining activities. Following the breach experienced in The DAO contract, Hashflare has announced the suspension of its ETH mining activities. “It is our duty to let you know that due to the recent breach in the DAO contracts, ETH mining and withdrawals will be blocked until the breach is fixed,” the cloudmining company stated in a notice sent out to its subscribers. It adds: “At this exact moment, the developers of the DAO and Ethereum are working....
The price of Ethereum (ETH) showed so much strength but has been hit with resistance against Tether (USDT) as the Ethereum merge is announced. Ethereum price rallied with so much strength from a region of $1,670 to $1,924, as bulls anticipate the Ethereum merge from proof-of-work (POW) to proof-of-stake (POS). Related Reading: Will Ethereum Breach $2,000 Before The Merge? Ethereum merge is an upgrade on the Ethereum network from POW to POS so as to increase its network efficiency in transactions. (Data feeds from Binance) Ethereum Price Analysis On The Weekly Chart From the chart, the....
Bitcoin price skyrocketed earlier today to print a high of around $370. Just like we predicted along yesterday's analysis, bitcoin price soared right after bypassing the resistance level at $330.1. The price surged to breach the resistance at $350, before dropping below it as bitcoin is now trading at $347. New Uptrend On The 1 Hour Charts: Let's examine the 1 hour (BTC/USD) charts from Bitstamp (look at the below chart). We will keep the Fibonacci retracements we plotted during yesterday's analysis and execute the stochastic oscillator. We can note the following: After the Elliot bearish....
Blocksafe, a blockchain-based system that provides secure access, personal monitoring and control of “smart” guns, will use Lisk sidechain technology to build out its blockchain and will issue a new token for use on that chain called “Trigger” (TRIG). Lisk is a public blockchain platform that provides decentralized blockchain apps. Smart guns have embedded computers to enhance safety by preventing anyone other than authorized parties from firing the weapons. Smart Guns Controversial. Smart guns have, nonetheless been controversial within the gun industry. Some gun enthusiasts see such guns....
Will blockchain technology make “smart guns” more acceptable? Kevin Barnes, chairman and CEO of Blocksafe, thinks he has a good chance. The blockchain brings improved security and privacy to “smart gun” technology, which could appease critics. Smart guns have embedded computers to enhance safety by preventing anyone other than authorized parties from firing the weapons. In some cases, the computers ensure that the guns only fire when aimed at inanimate targets. Smart Guns Are Controversial. Some gun enthusiasts see such guns as a step towards gun control. Some critics also think the....