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Ethereum (ETH) All Set To Rally Towards $200 Around Constantinople Hard Fork

Ethereum (ETH) has seen a lot of positive momentum just before its Constantinople hard fork. If the current exuberant sentiment continues to prevail, we could see ETH/USD rally towards $200 just before the hard fork next week. Technical conditions are favorable for such a move. The price has entered a large bullish pennant which is expected to break to the upside. This break out would push Ethereum (ETH) in the $200 zone but the price may continue to rise until it tests the previous market structure. RSI on the 4H chart is not in the overbought territory yet but the...

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Ethereum Foundation Provides $5 Million Grant To Parity Technologies

This week saw Parity Technologies provided with a grant from the Ethereum Foundation after being a loyal member of the Ethereum ecosystem for several previous years. Parity Technologies have been granted the sum of five million dollars for scalability, security work and usability. The established blockchain company has been working on the Parity Ethereum client as well as the core development efforts in the ecosystem. Past achievements In the past, Parity has had several achievements but aside from working on core developments and the Parity Ethereum client, the team has also presented their goals to develop a Serenity implementation at...

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Buterin Supports This Authors Crypto Insight

Radical Markets: Uprooting Capitalism and Democracy for a Just Society is the title of the new book from co-authors Eric Posner and Glen Weyl which take a pro-market angle viewpoint whilst arguing that price mechanism is invaluable tools for allocating resources and building healthy societies. The book has brought in a lot of fans, most notably the creator of Ethereum Vitalik Buterin. Buterin has seen “multifaceted and plentiful” connections between the book’s ideas and the goals of his smart contract platform. Both Weyl and Buterin have worked together on papers and spearheading the book's ideology. In an article for Breakermag,...

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Vitalik Buterin And Ethereum: Background And History

You probably know him as the genius mind behind one of the biggest cryptocurrencies in the world, Ethereum, but aside from that, who is Vitalik Buterin? The Russian-Canadian writer and programmer has been involved in the Bitcoin and crypto community since 2011 and even wrote a few articles for Bitcoin magazine (which he also co-founded). Currently, Buterin is just 24, soon to be 25 and is the figure head for a multi-billion dollar project known as Ethereum. Humble beginnings Buterin was born in Kolomna, Moscow Oblast in Russia on 31st January 1994 and lived there for six years years until...

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Ethereum (ETH) Likely To Trade Sideways Before Its Next Decisive Move

Ethereum (ETH) has rallied aggressively the past few days on news regarding its Constantinople upgrade. The market seems to unanimously believe that the upcoming upgrade is going to result in a major price boost for ETH/USD. This may be true but the recent reaction to the news has been more of an overreaction and the price has now reached a point where it has to make way for a minor correction to the downside. As the 4H chart for ETH/USD shows, the price has already bounced back towards the bottom of the ascending channel after running into the 61.8% Fibonacci...

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