Ether Remains Stable After Reaching Constantinople

Ether Remains Stable After Reaching Constantinople. The ether price remains (UTC 05:50 AM) almost unch anged after the Ethereum platform has successfully activated the Constantinople and St. Petersburg network upgrades at block number 7,280,000 ten hours ago.   Ether price chart:     Meanwhile, history suggests that the price could drop following the hard fork, even though reducing the influx of new ether should drive up the price thanks to supply and demand laws. With the upgrade, the Block Reward Reduction (aka the Thirdening) has been implemented – the reward for mining…

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Crypto Trading Volumes Set To Overtake US Corporate Debt In 2018

Crypto Trading Volumes Set To Overtake US Corporate Debt In 2018 Global trading volumes in crypto assets are set to overtake those in the US corporate debt market, despite this year’s market setbacks, claims a report. It is one of the findings in the fifth in a series of reports by research and intelligence house Satis Group, initiating coverage of the crypto asset class. Extrapolating from historical trading data, Satis estimates 2018 trading volume for crypto will be at $7,300 billion ($7.3 trillion), $243 billion more than US corporate debt’s…

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Ethereum (ETH) Price Analysis: Correction Still Going On

Ethereum is pulling back after testing support around $480 and could be due for a test of the nearby resistance levels. Applying the Fib retracement tool on the latest swing high and low shows that the 61.8% level lines up with a key area of interest at $640. Price looks ready to move up to the 50% Fib from here and RSI is suggesting that bulls could stay in control for a bit longer. Stochastic is also moving up but nearing overbought levels to reflect exhaustion among buyers. Turning back…

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Ethereum [ETH] Crashes Below $400 – Will it Recover?

Ethereum just hit a record low under the $400 mark, for the first time since late November 2017. At press time, the Ether-U.S. dollar (ETH/USD) exchange rate has now dropped to a low of $399.29 and is down -11.07%, in 24 hours. ETH’s price is down -52% for the month and is also down -45%, in 90 days. Ethereuem has been plagued with the issue of scalability for quite some time now, with many new and emerging projects nipping at its heels. Devcon3, held in Cancun Mexico, took place the…

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Ethereum Price Stable Despite Controversies and Regulatory Concerns

If one thing can be certain this week, it is that Ethereum rebounds well. Ethereum (ETH) price continues gaining momentum despite the broader selloff in cryptocurrency prices. After declining sharply in the beginning of this year and making sideways movement during the second half of January, Ether price now continues to trade above the $1,000 mark. Currently trading at around $1103 (almost equal to the Wednesday trade), the price is up significantly in comparison to last months low of $811. Ethereum is growing again while other cryptocurrencies are declining at…

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Bitmain Releasing Ethereum ASIC Miners – UPDATED

It’s official: Bitmain has released its Ethereum ASIC miner – the Antminer E3. The Antminer E3 will use the hashing algorithm Ethash, making it the first Ethereum ASIC miner to hit the market. It will have a power consumption of 800W and a hashrate of 180 MH/s. However, the Bitmain website states that “these are the conservative estimates. [They] expect the miners to deliver higher performance and efficiency when they are ready to ship.” Bitmain has stated that they “have set a limit of one miner per user” so that…

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Ethereum (ETH) Remains Strong Despite Panicked Market

It’s been a tough day on the cryptocurrency market, as rumors flew of yet another “ban” on cryptocurrency. Various news outlets claimed early this morning that India’s Finance Minister, Arun Jaitley, said that the country would be banning all cryptocurrency assets. However, that was not the case but it seems like a group of investors have believed the sources without doing any sort of research of their own. In a budget meaning this morning the minister said: “The Government does not consider cryptocurrencies legal tender or coin and will take…

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Ethereum Is More Popular Than Bitcoin In India

Bitcoin is the king of cryptocurrencies? Think again. A study conducted by India’s free internet provider, Jana.com, has found that ethereum is more popular than bitcoin in India. Bitcoin has been dethroned. To ensure the transparency of its studies, the popular company also published the methodology: “Research was conducted on mobile search traffic and % of Jana’s mCent browser users from October 1, 2017, through February 28, 2018. Approximately 1MM mobile searches were studied overall as generated by mobile subscribers in India, and approximately 80,000 active mCent users who visited…

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Will Ethereum (ETH) Pass Bitcoin (BTC) This Year?

2017 was the breakout year for cryptocurrency. Starting at the beginning of the year, the total market cap for all cryptocurrencies was just over $17 billion and at the end of December, it reached just under $600 billion. Bitcoin (BTC), the original cryptocurrency, from the year 2013 to the beginning of 2017, held almost 90% dominance of the total market. Currently, BTC only holds 34.4% dominance. As cryptocurrency gained mainstream attention, Bitcoin slowly started losing the market cap dominance as individuals started buying up the less expensive coins to get…

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Vitalik Buterin, Ethereum [ETH] Founder, Calls Craig Wright a Fraud

The infamous Satoshi Nakamoto is still a mystery. Nobody truly knows the identity of the creator of Bitcoin, but many have claimed to be him. It was once speculated that Elon Musk, Tesla’s (NASDAQ:TSLA) CEO, was Mr. Nakamoto but later, Musk put those rumors to rest. Sad, – how cool would that be? Back in 2016, Craig Wright made claims that he was Satoshi Nakamoto and that did not go over smoothly among the crypto community. During today’s Deconomy conference, Vitalik decided he would live tweet the comments on the…

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