Ethereum Watch

Estonia might be the world’s first country with a state-sponsored token-based crowdfunding initiative. Advertisements On December 14, 2017, the government of Estonia announced plans to launch a program focused on the integration of cryptocurrencies into its economic system. Estonia hopes to raise 30 million euros through the “TokenEST ICO,” which is slated for January 2018. […]

Financial data firm Bloomberg has added three new cryptocurrencies – ethereum (ether), Ripple (XRP) and litecoin – alongside bitcoin on its Terminal service. Advertisements According to a Fortune report, sources said the addition of the new price data is aimed at forex traders seeking to explore the new instruments. They also suggested that Bloomberg terminal data […]

Ethereum Analysis for December 18, 2017 Advertisements ETH/USD Ethereum initially fell during the trading session on Friday, testing the vital $600 level. We have rallied significantly since then, so it looks as if this market is going to continue to be a “buy on the dips” situation. I believe that eventually we will go looking […]

Although a Bitcoin futures market is the biggest sign Wall Street is taking cryptos seriously, it is far from the only sign. For example, Bloomberg just added Bitcoin, Ethereum, Ripple, and Litecoin to its price feed. Advertisements This is a big gesture, considering that almost all major banks and investment firms use Bloomberg terminals. It […]

Ethereum’s price surge continued into today as the digital currency topped $700 to reach a high of $750 according to coinmarketcap.com. This brought Ethereum’s market capitalization to an astonishing $72.5 bln. However, as Bitcoin mounted a comeback, returning to near-record highs, Ethereum slipped. At press time, Ethereum was trading for $640. Advertisements Transaction throughput The […]

December 15, 2017 11:13 PM Advertisements Citi and CME Group seek to reach a greater level of operational efficiency after integrating a blockchain-backed API that incorporates existing technology “rails.” On December 15, 2017, Citi and CME Group revealed the implementation of a blockchain-inspired platform to cut costs associated with back-office operations while simultaneously accelerating funding […]

On Friday, the CFTC proposed an interpretation for the term “actual delivery” set forth in the Commodity Exchange Act pursuant to the Dodd-Frank Act. The commission requested comment on its proposed interpretation and treatment of virtual currency transactions. Advertisements On December 15, 2017, the Commodity Futures Trading Commission announced a proposed interpretation regarding its authority […]

Ether finds itself in the spotlight of Bloomberg’s pricing tool, as a new addition alongside Litecoin and Ripple. Advertisements On the evening of December 14, 2017, news began to spread that Bloomberg is listing additional cryptocurrencies – namely, Ether, Litecoin, and Ripple – on its professional terminal service used by financial experts. The Bloomberg Terminal […]

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ETH/USD Advertisements Ethereum fell later in the day on Thursday, reaching down towards the $670 level. I think that the market looks likely to try and find support near the $650 level, and if it cannot find it there, we will see support at the $600 level. Be patient, and add to a position very […]