Ethereum (ETH) Price Correcting Gains: Key Buy Zones Nearby

ETH price rebounded nicely and traded above the $240 and $250 resistances against the US Dollar. The price tested the $265 level and it is currently correcting lower towards the $240 support. There is a key bullish trend line forming with support near $240 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong buying interest near $240 and the 100 hourly simple moving average. Ethereum price remains in a strong uptrend above $240 versus the US Dollar, but consolidating vs bitcoin.…

‘Tackling Real World Issues’: Hackers at ETH New York Build Apps Geared Towards Social Change

If building decentralized financial applications was the motto topic of Ethereal, the ethereum hackathon ETH New York was all about discussing the social impact of such applications. Speaking to a group of high school students at ETH New York, Mariano Conti – head of smart contracts at the MakerDAO Foundation – asked foundational questions surrounding decentralized financial applications like, “How do you protect your money?” and “What if banks decided you do not own your money?” “This whole movement is called decentralized finance,” said Conti. “We’re going to see a…

Ethereum (ETH) Price Surging: Bulls Eyeing Fresh 2019 High

ETH price started a fresh increase after a sharp downside correction towards $225 against the US Dollar. The price is currently gaining traction and it broke the $240 and $245 resistance levels. There is a crucial bullish trend line in place with support near $236 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is surging higher and it seems like there could be more gains towards the $275 and $285 levels. Ethereum price is once again gaining bullish momentum versus the US Dollar, similar to bitcoin.…

Ethereum (ETH) Currently Overvalued, Correction May Be Inbound

Ethereum (ETH) up 37.9 percent, a retest of $200 likely Barry Silbert of Digital Currency Group (DCG) is confident that prices will snap back to trend. With supportive technical and fundamental factors, Barry Silbert is positive that asset prices will shake off sellers. Meanwhile, Ethereum (ETH) is stable and up 37.9 percent in the last week. Ethereum Price Analysis Fundamental There is an element of resiliency in the ongoing correction. At the back of increasing awareness, an inclination towards data privacy and control, volatility and infrastructure development, today’s dip is…

Just 2/3 of ETH Nodes Running Parity Have Been Patched Against Critical Security Flaw

Global hacking research collective SRLabs claims that only two thirds of the Ethereum client software that runs on Ethereum nodes has been patched against a critical security flaw discovered earlier this year. The news was reported by business tech website ZDNet on May 17. An SRLabs report ostensibly shared with ZDNet has reportedly revealed that the critical flaw is a denial of service (DoS) vulnerability in the Ethereum Parity client. As SRLabs has outlined, the flaw could enable a hacker to remotely crash legitimate Parity Ethereum nodes by sending malformed…

Samsung News Bodes Well For Ethereum (ETH), Even Amid Price Crumble

Ethereum (ETH) fall 11.7 percent Samsung could introduce crypto and blockchain functionality in their budget phones In correction of mid-this week’s rapid expansion, Ethereum (ETH) is down 11.7 percent even as reports suggest that Samsung will roll out cryptocurrency and blockchain functionality in their budget phones. Ethereum Price Analysis Fundamentals Like all liquid assets, Ethereum (ETH) is nose diving. At the time of press, the second most valuable asset is down, falling 11.7 percent to $235. But, after days of impressive gains, surging 55 percent mid this week, a cool…

Ethereum (ETH) Price In Corrective Decrease: $230 Support Holds Key

ETH price climbed further higher and tested $280 before correcting lower against the US Dollar. The price started a downside correction and traded below the $270 and $260 supports. There is a major bullish trend line forming with support near $252 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $230 support area to avoid an extended downside correction. Ethereum price climbed towards the $280 level before correcting lower versus the US Dollar and bitcoin. ETH is likely to find support near the…

Ethereum (ETH) Goes Parabolic After Bitcoin, Looks To Push $300

Ethereum (ETH) add 55 percent in the last week Cryptopia folding explains exchanges should be after verticals, not listing and trading fees According to Vijay Boyapati, exchanges are walking the wrong path of short-term profitability over future dominance better exemplified by Cryptopia decision to list as many as coins/tokens as possible before falling prey to hackers. Meanwhile, Ethereum (ETH) bulls are rampant, stepping on the gas pedal with targets at $300 and $400. Ethereum Price Analysis Fundamentals By design, blockchain and related businesses should function in a decentralized manner. That…

Ethereum (ETH) Price Surges 20%, Hits $270: $300 Could Be Next

ETH price surged higher and broke the key $240 and $250 resistance levels against the US Dollar. The price is up more than 20% and it recently tested the $270 resistance level. There is a new key bullish trend line forming with support near $244 on the hourly chart of ETH/USD (data feed via Kraken). The pair is following a strong uptrend and it seems like the price could even surge towards $300. Ethereum price surged significantly towards $270 versus the US Dollar, and jumped sharply vs bitcoin. ETH is…

Ethereum (ETH) Bulls Rebuff Cryptopia Liquidation, Race to $450?

Ethereum (ETH) up 16.8 percent Cryptopia liquidates after Jan 2019 loss Behind today’s 16.8 percent surge of Ethereum (ETH) prices are supportive fundamentals. Sources indicate that the CFTC is warming up to the idea of ETH derivatives and heavyweights are gravitating towards Ethereum. That is supporting prices, countering sell pressure emanating from Cryptopia liquidation. Ethereum Price Analysis Fundamentals It’s over for Cryptopia, the New Zealand cryptocurrency exchange that was hacked, losing an estimated $16 million. Most of those lost coins were Ethereum (ETH) and related ERC tokens. With no haircuts,…