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Ethereum (ETH): Odds Of A Trend Reversal Have Never Been Better

Ethereum (ETH) is on the brink of a trend reversal. If we look at the candles on the ETH/USD weekly chart, the odds of a breakout do not appear very plausible. The 10 Week EMA is still quite far from the 21 Week EMA. The price is trading below the 5 Week EMA and has not been able to climb above it for the last 20 weeks. However, if we look at the technical indicators, we see something that we have not seen since the beginning of the correction. If we look at the blue and red lines on the...

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The Idea That Ether Doesn’t Compete With Bitcoin Makes No Sense

The Idea That Ether Doesn’t Compete with Bitcoin Makes No Sense Ethereum is the only blockchain that has gained a level of success and notoriety that is anywhere near comparable to what Bitcoin has achieved over the past nine years. The Ethereum platform has attempted to differentiate itself from the other Bitcoin alternatives by focusing on its use as a protocol for smart contracts rather than a form of peer-to-peer electronic cash, and many individuals have gone as far as to say that Bitcoin and Ethereum don’t compete with each other at all. Well, here’s why that makes no sense....

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Buterin Believes ETH Upgrade Has Massive Potential

The co-founder and CEO of Ethereum, Vitalik Buterin stated during the yearly Ethereum event in Prague that he has high hopes for the upcoming Serenity Ethereum upgrade. He also stated that Ethereum will surge after the release of the Serenity upgrade. Buterin spoke during the Devcon 4 event in Prague and during his speech he mentioned that the latest upgrade called Serenity will advance the network on all fronts. It will improve the scalability of cryptocurrency by a “1000 times.” The after effects of serenity The second largest cryptocurrency in the world as per market cap is Ethereum and during...

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Ethereum (ETH) Likely To Profit Off Bitcoin (BTC)’s Misery

Bitcoin (BTC) dominance is in a steady downtrend. The last few moves of capitulation seen in the market were aimed at lowering altcoin prices while Bitcoin (BTC) remains steady. As the Bitcoin (BTC) dominance chart shows, this is not going to happen anymore. In fact, the reverse is going to happen now. As Bitcoin (BTC) dominance falls, altcoins will move against Bitcoin (BTC) in order to complete their cycles. A lot of cryptocurrencies have now neared their lowest levels of dominance. Ethereum (ETH) is one of those cryptocurrencies. During the last altcoin run, Ethereum (ETH) became a market maker and...

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Ethereum Offers Ethereum Classic A Helping Hand

  Listen Here - https://soundcloud.com/cryptodaily/the-ethereum-classic-conspiracy Ethereum Classic is the Bitcoin Cash of the Ethereum blockchain. Produced as a hard fork from the original Ethereum project in 2016, the aim of Ethereum Classic was to allow developers and Ethereum fanatics to take back control of the Ethereum blockchain, allowing it to remain close to its roots and exist as an Ethereum project, with tight connections to the original Ethereum’s morals and values. According to the Ethereum Classic Website: “Ethereum Classic (ETC) is a smarter blockchain, it is a network, a community, and a cryptocurrency that takes digital assets further. In addition...

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