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Ex-Google Chairman Believes ETH Has Massive Potential

The former chairman of Google and billionaire Eric Schmidt is an enthusiast of Bitcoin and blockchain technology. He has now spoken out regarding his opinion on Ethereum, saying that it was a powerful platform whose untapped potential is off the charts. The former chairman of the search engine giant made his comments during a live event with economist Tyler Cowen hosted in San Francisco by Village Global. In the wide-ranging conversation, Schmidt discussed the future of technology, corporate governance reform, Google’s hiring practices and the ‘bifurcation of the internet’ ETH has massive potential When Schmidt was asked on his opinion...

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The Potential Wrapped Bitcoin Has On Ethereum & Bitcoin

Wrapped Bitcoin is a new innovative token which aims to bridge the gap between both the Ethereum and Bitcoin blockchains. Working as a joint venture between BitGo, Kyber Network and Republic Protocol Wrapped Bitcoin was launched on the 26th October 2018. The new Bitcoin ERC20 token will bridge the worlds of the two leading crypto assets in the idea that it will basically allow Bitcoin to be traded against other assets on Ethereum-based decentralised exchanges, bringing liquidity from Bitcoin to Ethereum and allow for a whole new suite of Ethereum enabled Bitcoin applications. As stated by CryptoGlobe: “In a significant...

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XVG Up 76%, ETH Up 32% & BTC Up 29% By 2019 According To Finder Report

  Listen Here - https://soundcloud.com/cryptodaily/xvg-up-76-eth-up-32-btc-up-29-by-2019-according-to-finder-report The panel of ‘experts’ at Finder have published their latest report, exploring a number of cryptocurrencies and making very elaborate predictions on how they expect the cryptocurrencies to perform over the coming weeks and months. Now before we begin, we should highlight that these predictions are very bullish and that even though this is a panel of experts, predictions are just that - predictions, based on speculation and rough calculations, nothing more. Therefore, we can’t take this as absolute fact and shouldn’t use this report to justify any investment decisions. Now, with that cleared up,...

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Could Ethereum Survive Without Buterin?

Vitalik Buterin, the founder of Ethereum sat down with the MIT Technology Review in a recent interview at the recent Ethereum Developer Conference hosted in Prague, Czech Republic. In the interview, the founder explained why the network can only be truly decentralized after it stops looking to him for answers. The 24-year-old has been the unofficial ‘CEO’ of the Ethereum project since he proposed the creation of the network late in 2013. Nevertheless, he revealed to the MIT Technology Review, that it was time for him to start fading into the background to allow the community to grow to its...

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Ethereum (ETH) Shorts Down More Than 50% Since October All Time High

Ethereum (ETH) has been trading sideways for a long term now. This made the bears more confident and as a consequence, we saw the number of shorts piling up. The above weekly chart for ETHUSDShorts on Bitfinex explains the whole scenario. A lot of people were expecting a trend reversal around October, but when that did not happen, the bears became more confident. We saw the shorts rising above the 5 Week EMA to reach a new all-time high. Interestingly enough, soon afterwards, the number of shorts started falling with the same pace it had gone up. Currently, the number...

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