Ethereum Price Weekly Analysis: ETH/USD’s Struggle to Rise Continues

  Key Highlights   ETH price attempted a recovery above the $275.00 stage, but it did not gain traction towards the us dollar. there is a first-rate bearish fashion line formed with resistance at $280 at the 4-hours chart of ETH/USD (statistics feed through Kraken). The pair need to boost up above the $282 and $285 ranges to recover further inside the near time period. Ethereum rate is suffering to gain traction as opposed to the us greenback and Bitcoin. ETH/USD could climb higher if buyers gain manipulate above the…

Ethereum Classic (ETC) is launching on Coinbase Pro

Transfer ETC immediately to your exchange account and place limit orders in advance of trading We announced final testing for Ethereum Classic (ETC) last Friday, with a goal of accepting ETC transfers for exchange users by Tuesday August 7th. Our testing has gone according to plan and we will be launching ETC support first on our exchanges, and then at Coinbase.com. Our launch will proceed in four stages: transfer-only, post-only, limit-only, and full-trading mode. Ethereum Classic launches first on Coinbase Pro We are beginning the launch of ETC on our exchange at…

Coinbase Index Fund reduces fee to 1%, adds Ethereum Classic

We’re pleased to announce that we are reducing the annual management fee for Coinbase Index Fund from 2% to 1% for all new and existing investors. We’re reducing our fee in order to attract investors who are familiar with lower-fee index funds in other asset classes. This will help introduce a new category of institutional investors into the cryptocurrency space. Coinbase Index Fund has also been rebalanced to include Ethereum Classic, following its listing on Coinbase this week. All investors now have exposure to Ethereum Classic. The fund will continue…

An Ethereum ICO Investor is Moving Millions in ETH to Bitfinex

One of the first “ethereum whales” appears to be having second thoughts about the second-largest cryptocurrency’s prospects. One of Ethereum’s First Whales is Funneling Millions to Bitfinex That anonymous investor, who received more than 314,000 ETH from the network’s Genesis block as a result of their investments in the Ethereum initial coin offering (ICO), has this week funneled approximately 20,000 ETH to Bitfinex, worth approximately $5.5 million at the time of writing. ETH address: 0xB23cC6D921271148F7f157F9bf5D5D9Ae5A34240 | Source: Etherscan The development was first noted by California-based attorney Zoe Dolan, who has been…

Ethereum Price Analysis: ETH/USD Slowly Rising Towards $290-295

Key Highlights ETH price remained supported near $265 and it slowly moved above the $270 level against the US Dollar. There is a short-term ascending channel forming with support at $271 on the hourly chart of ETH/USD (data feed via Kraken). The pair might face hurdles on the upside near the $284 and $285 resistance levels. Ethereum price is mostly trading in a range against the US Dollar and bitcoin. ETH/USD could slowly rise towards the $290 level with ranging moves. Ethereum Price Resistances After trading as low as $259.17,…

World Bank to Settle $73 Million Blockchain Bond on Ethereum Next Week

The World Bank has priced what it deems the ‘world’s first public blockchain bond’ at AUD$100 million ($73 million) in a settlement to occur next week. The two-year bond, designed to improve the efficiency of automated financing for countries with extreme poverty by moving away a decades-old manual bond sales process, will be settled on August 28 by the Commonwealth Bank of Australia (CBA), Reuters reported on Thursday. Dubbed ‘Bondi’ for Blockchain Operated New Debt Instrument – with a subtle nod to Australia’s famous Bondi beach’ – the bond will…

Crypto Daily News | Microsoft Runs Ethereum Tech

In today’s edition of Crypto Daily News, we’ll cover Microsoft’s latest tech that runs on the Ethereum network and OKEx’s troubles launching its Bitcoin (BTC) futures. Crypto Daily News: August 8th, 2018 Microsoft Uses Ethereum Yesterday, the software giant Microsoft made a huge announcement debuting its latest Blockchain as a Service (BaaS) product. The product allows businesses across industry verticals to deploy a ‘flexible’ instance of Ethereum that is tailored specifically for enterprise environments. The Ethereum Proof-of-Authority on Azure, Microsoft’s product, allows enterprises to build applications on Ethereum that are…

Bitcoin Plunges Over 40% After Twitter Announces Ban On Crypto Ads | CNBC

Bitcoin is hovering below the $8,000 mark as Twitter joins Google and Facebook in banning cryptocurrency ads. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Bitcoin…

ICO: Asset-Based Coins Will Eventually Replace Small Cap Stocks, Says Kevin O’Leary | CNBC

“Shark Tank’s” Kevin O’Leary explains why he is “very excited” about initial coin offerings through “smart contracts.” » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC ICO:…

Bitcoin Prices Slammed As Google Bans Crypto Ads | CNBC

CNBC’s Seema Mody reports on the drop of many cryptocurrencies and highlights from a cryptocurrency investor conference. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Bitcoin…