Ethereum. Buterin don't believe in Rothschilds :)
Coin of the day is Ether.
Ethereum attracts our attention by showing high volumes for the last three days, rising each day.
Developed by Vitalik Buterin, Ethereum is a public, open-sourced Blockchain-based platform that features smart contracts. Despite frequent comparison of ETH and BTC it would be wrong to define Ethereum only as a cryptocurrency or confuse it with Ether, a cryptocurrency part of Ethereum system.
Launched in 2015, Ethereum is the largest and most well-established, open-ended decentralized software platform that enables SmartContracts and Distributed Applications (DApps) to be built and run without any downtime, fraud, control or interference from a third party. Ethereum is not just a platform but also a programming language (Turing complete) running on a blockchain, helping developers to build and publish distributed applications. Ethereum smart contracts or (DApps) are often referred to as Crypto 2.0, Blockchain 2.0 or even Bitcoin 2.0.
Latest news
May 17 – Ethereum is ranked first in the Global Public Chain Technology Assessment Index, Chinese cryptocurrency index.
May 26 - Vitalik Buterin has been involved in a discussion relating to rumors that the infamous Rothschilds banking family are getting involved in cryptocurrency, and may even be connected to one that is allegedly called “IMMO”. Buterin tweets seemed dismissive and doubted the ability of the Rothschilds to influence crypto. He also clarified his current stance on online privacy, and why he feels that it is now something of great importance.
Later Buterin wrote a post on Reddit to clarify his opinion on modern world privacy:
“I'm considerably more pro-privacy than I was a few years ago. A few years ago, my position was closer to "in a well-running society it's probably optimal that everyone sees everything, the value for privacy tech for ordinary people is (i) to let them buy weed, put up beds so people can sleep over in offices, and otherwise circumvent silly regulations, and (ii) to maintain a healthy balance of power, because even if more transparency is good, the government only having the all-seeing eye and everyone else being in the dark would give too much power to the government".”
Technicals
Many connect drawdown on 28.05.2018 to a selloff of ETH by initial coin offerings (ICOs) and blockchain projects, which just need fiat currency or bitcoins for paying operations and developments. The dip was picked up fast, and the price came back above the 100-days EMA quickly. For now, ETHBTC holds to the recently formed Bullish Trend Line and continues to grow. On the way up are local resistance 0.077 and starting point of the recent fall – 0.08 resistance. Break above 0.08 resistance will bring the bullish state back to Ethereum and send it to test recent height at 0.085. Support levels for the growth scenario are 0.075 and 100-days EMA.
Ethereum attracts our attention by showing high volumes for the last three days, rising each day.
Developed by Vitalik Buterin, Ethereum is a public, open-sourced Blockchain-based platform that features smart contracts. Despite frequent comparison of ETH and BTC it would be wrong to define Ethereum only as a cryptocurrency or confuse it with Ether, a cryptocurrency part of Ethereum system.
Launched in 2015, Ethereum is the largest and most well-established, open-ended decentralized software platform that enables SmartContracts and Distributed Applications (DApps) to be built and run without any downtime, fraud, control or interference from a third party. Ethereum is not just a platform but also a programming language (Turing complete) running on a blockchain, helping developers to build and publish distributed applications. Ethereum smart contracts or (DApps) are often referred to as Crypto 2.0, Blockchain 2.0 or even Bitcoin 2.0.
Latest news
May 17 – Ethereum is ranked first in the Global Public Chain Technology Assessment Index, Chinese cryptocurrency index.
May 26 - Vitalik Buterin has been involved in a discussion relating to rumors that the infamous Rothschilds banking family are getting involved in cryptocurrency, and may even be connected to one that is allegedly called “IMMO”. Buterin tweets seemed dismissive and doubted the ability of the Rothschilds to influence crypto. He also clarified his current stance on online privacy, and why he feels that it is now something of great importance.
Later Buterin wrote a post on Reddit to clarify his opinion on modern world privacy:
“I'm considerably more pro-privacy than I was a few years ago. A few years ago, my position was closer to "in a well-running society it's probably optimal that everyone sees everything, the value for privacy tech for ordinary people is (i) to let them buy weed, put up beds so people can sleep over in offices, and otherwise circumvent silly regulations, and (ii) to maintain a healthy balance of power, because even if more transparency is good, the government only having the all-seeing eye and everyone else being in the dark would give too much power to the government".”
Technicals
Many connect drawdown on 28.05.2018 to a selloff of ETH by initial coin offerings (ICOs) and blockchain projects, which just need fiat currency or bitcoins for paying operations and developments. The dip was picked up fast, and the price came back above the 100-days EMA quickly. For now, ETHBTC holds to the recently formed Bullish Trend Line and continues to grow. On the way up are local resistance 0.077 and starting point of the recent fall – 0.08 resistance. Break above 0.08 resistance will bring the bullish state back to Ethereum and send it to test recent height at 0.085. Support levels for the growth scenario are 0.075 and 100-days EMA.
