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Ethereum (ETH) Still Likely To Rally Towards $170 After A Sharp Decline

Ethereum (ETH) has declined significantly in the past 24 hours and the price is trading back around $141 down from $170. This might seem very alarming given the manner in which the price has declined but if we look at it from a neutral standpoint, this does not really change anything. The 4H chart for ETH/USD shows that the trend line is still intact and all the correction has done is drag the price back to the trend line support. The price is expected to rise from current levels back towards $170 in the days ahead and in this analysis...

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Ethereum Constantinople Hard Fork Set To Go Live This Week

As we start the last week in February, the crypto community are anticipating two hard forks from Ethereum this week. First of all, we have the Constantinople upgrade which was set to go live last month but due to vulnerability issues, Constantinople was forced to be postponed until this week. In addition to this, we have the St. Petersburg upgrade which is also set to go live later in the week. According to the announcement on 22nd February, both of the hard forks are set to get executed at Ethereum’s block number 7,280,000 and the developers are expecting that the...

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Antonopoulos Gives Warning To Ethereum Community

Andreas Antonopoulos is the author of two widely known books on the cryptocurrency space and offers advice to developers on the second biggest blockchain in the world, Ethereum. Antonopoulos wrote both ‘Mastering Bitcoin’ and Mastering Ethereum’ which are now standards for developers learning both protocols and gave a keynote address about the importance of building an ‘unstoppable code’ to the hackers and enthusiasts at ETHDenver in Colorado last week. Speaking onstage at the keynote he said, “Don’t give yourself the power to stop unstoppable code. Embrace the fact that what we’re doing is important and it requires courage.” Later in...

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NEO DevCon: Co-Founder Explains How Blockchain Is Developing Like The Internet

The co-founder of NEO, Da Hongfei has recently revealed that he believes the “whole world will [eventually] become digital.” The co-founder of NEO is a self-taught computer programmer who pointed out that cards never saw widespread adoption in China. Despite this, mobile payment apps like WeChatPay and AliPay are used by millions of the Chinese people because it is a lot more convenient according to Hongfei. His comments came during an interview he took part in at NEO’s DevCon decent, held in Washington last week. Hongfei went on to explain distributed ledger technology and how it was slowly getting adopted...

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Ethereum (ETH) Could Still Determine The Direction Of Cryptocurrency Market

Ethereum (ETH) could still determine the direction of the cryptocurrency market and for good reason. This is because ETH/USD now has a lead on Bitcoin (BTC) and it can pretty much call the shots if it wants to. We saw this happen the past few days when both BTC/USD and ETH/USD went the opposite ways. Bitcoin (BTC) closed below the 50 day moving average whereas Ethereum (ETH) closed above it. Now, investors were left confused as to which one to trust. Historically, it has been Bitcoin (BTC) that has been dominant for the most part and the market sways towards...

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