Ethereum Price Analysis: ETH Could Rally If $116 Support Holds

ETH price is currently consolidating above the $116 and $117 support levels against the US Dollar. Yesterday’s highlighted key bearish trend line is active with resistance at $126 on the hourly chart of ETH/USD (data feed via Kraken). The pair may gain bullish momentum sooner or later as long as it is above the $116 support. Ethereum price is trading in ranges against the US Dollar and bitcoin. ETH/USD might start a solid upward move if it continues to hold the $116 support area in the near term. Ethereum Price…

Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX

Founder of blockchain tech company ConsenSys Joseph Lubin has been appointed to the board of directors of cryptocurrency startup ErisX. The news was revealed in an official press release published Jan. 17. Cryptocurrency exchange ErisX is a reboot of a futures market Eris Exchange, originally established in 2010. In December 2018, ErisX raised $27.5 million from Fidelity Investments and Nasdaq Ventures.  In 2019, ErisX is expected to being offering both spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), and futures markets. According to today’s announcement, Lubin has joined…

ConsenSys’ Lubin Joins Wall Street Crypto Exchange ErisX: Ethereum Futures Inbound?

Crypto Veteran Lubin Joins ErisX Board On Thursday, amid a crypto market lull, ErisX, an up-and-coming Bitcoin services provider backed by Wall Street powerhouse TD Ameritrade, made a surprising, forward-thinking announcement. Per a company release, issued via BusinessWire, the American upstart announced the addition of two board members. Alongside Accel Partners ‘executive in residence’ Cris Conde, a fintech entrepreneur, Joseph Lubin, the founder of ConsenSys and one of the minds behind Ethereum, will be joining ErisX’s board as the platform purportedly nears its inaugural day online. Conde replaces Cliff Lewis…

Crypto Exec Wary Of Ethereum Futures, As Bitcoin ETF Talk Mounts

Launch of Ethereum Futures Still ‘Up In The Air’ In mid-December, as CBOE’s and CME’s Bitcoin (BTC) futures offering turned one-year-old, rumors began to mount regarding a similar vehicle for Ethereum (ETH). As reported by Ethereum World News, the U.S. Commodities Futures Trading Commission, the financial regulator that holds jurisdiction over certain crypto instruments, began to look into Ether. In a public release, the somewhat crypto-friendly body wrote: The RFI [Request For Information] also seeks to understand similarities and distinctions between Ether and bitcoin, as well as Ether-specific opportunities, challenges, and risks. As…

Ethereum Price Analysis: ETH Buyers Not Out of Woods Yet

ETH price is currently struggling to settle above the $124-125 resistance area against the US Dollar. There is a new connecting bearish trend line formed with resistance at $127 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to find a strong buying interest near the $120 and $118 support levels. Ethereum price struggled to break key resistances against the US Dollar and bitcoin. ETH/USD remains supported on dips, but a break above $127 is needed for more gains. Ethereum Price Analysis After an increase…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 16

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Although cryptocurrency prices have so far been unable to stage a recovery, the companies in the industry are still launching products that are required by the institutional players. Cryptocurrency asset manager LedgerX has launched a Bitcoin (BTC) price volatility index called LedgerX Volatility…

Leading Ethereum Researcher Vlad Zamfir to Collaborate with Casper Labs to Speed Up CBC Upgrade

If you are an Ethereum aficionado, you know that one of their lead researchers, Vlad Zamfir, has been an integral part of the blockchain team since 2014. He is now primed to collaborate with the VC-based startup Casper Labs to speed up the Casper upgrade, although Ethereum will be partially funding his research. Casper Labs has raised in the region of $20 million and are in the throes of creating a “fully scalable blockchain”. As Zamfir was helping Ethereum with their scalability issues, his new role with Casper Labs makes sense.…

Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay

ETH price trimmed most its recent gains and declined below the $121 support area against the US Dollar. There was a break below a connecting bullish trend line with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair still remains supported on the downside above the $113 and $114 levels. Ethereum price declined against the US Dollar and bitcoin after the Constantinople hard fork was postponed. However, ETH/USD could bounce back as long as it is above $113. Ethereum Price Analysis Yesterday, we saw…

Ethereum Clients Release New Software In Wake of Hard Fork Delay

Major ethereum clients, including Go-Ethereum (Geth) and Parity, have released software updates following an earlier decision to delay the planned system-wide upgrade dubbed Constantinople. The upgrade was postponed Tuesday during a developers call, a move that came after blockchain audit firm Chain Security discovered a security vulnerability in Ethereum Improvement Proposal (EIP) 1283, one of the planned changes included in Constantinople. If exploited, the bug would have allowed for “reentrance attacks,” allowing malicious actors to withdraw funds from the same source multiple times. A new activation block for the upgrade…

Ethereum Constantinople Delayed, ETH Down 5%

Ethereum Constantinople Blockchain Upgrade Delayed On Tuesday afternoon, approximately 48 hours before Ethereum Constantinople, five protocols focused on short-term scaling solutions and issuance reductions, was slated to go live, reports arose that the upgrade will be delayed. Christine Kim and Nikhilesh De of CoinDesk recently reported on the matter. The two journalists explained that on Tuesday, ChainSecurity, a smart contract auditor, revealed that the integration of Ethereum Improvement Proposal 1283 would allow for attackers to steal users funds. In an emergency call, which saw Vitalik Buterin, Hudson Jameson, Afri Schoedon,…