Majority of Voters Support ASIC-Resistant ETH Algorithm Implementation, Online Vote Shows

An online vote over the implementation of ProgPoW in the Ethereum (ETH) proof-of-work (PoW) algorithm shows a majority in favor of the change, according to the results updated today, Feb. 15, on the dedicated voting portal. ProgPoW is an application-specific integrated circuit (ASIC)-resistant PoW algorithm meant to replace ETHhash, Ethereum’s current PoW algorithm. By defining the algorithm as ASIC-resistant, ETH developers mean that the algorithm would decrease — but not eliminate — the efficiency advantage of mining using ASICs over using generic hardware such as graphics processing units (GPUs). At…

Ethereum Price Analysis: ETH Losing Bullish Momentum, Downsides Limited

ETH price struggled to stay above the $121 and $119 support levels against the US Dollar. This week’s followed major bullish trend line was breached with support at $121 on the hourly chart of ETH/USD (data feed via Kraken). There is a new connecting bearish trend line in place with resistance at $121 on the same chart. The price could revisit $121-122 resistance zone, where sellers are likely to reemerge. Ethereum price is pointing a few bearish signs against the US Dollar and bitcoin. ETH/USD is now at a risk…

NASDAQ to Add Liquid Indices Tracking Value of BTC and ETH

NASDAQ is planning to add new, third-party liquid indices, specifically tied to the value of bitcoin and ether. Details were released on affiliate site nasdaqtrader.com, a domain name owned by The Nasdaq, Inc. The site claims that the two indices “are each designed to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD.” To determine the most accurate possible value for these indices, the relative value of the BTC index “has been calculated back to 2010” and ETH to…

Ethereum Price Analysis: ETH Primed For Further Gains Above $125

ETH price remained nicely supported on the downside above $120 and $118 against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair is following a bullish structure and it could continue to move higher above $125 in the near term. Ethereum price is slowly gaining bullish momentum against the US Dollar and bitcoin. ETH/USD is likely to break the recent high and trade above the $128 and $130 resistance levels. Ethereum Price…

Ethereum Price Analysis: ETH Remains In Strong Uptrend

ETH price is slowly moving higher and it remains well supported near $119 against the US Dollar. There is a major bullish trend line formed with support at $119 on the hourly chart of ETH/USD (data feed via Kraken). The pair could dip a few points, but it is likely to find buyers near $119, $118 or $117 in the short term. Ethereum price is placed nicely in a bullish trend against the US Dollar and bitcoin. ETH/USD may continue to move higher towards $125 and $128 in the coming…

Ethereum Price Analysis: ETH Could Extend Consolidation Above $114

ETH price remained in a range and consolidated above the $114 and $116 supports against the US Dollar. There was a break below a short term contracting triangle with support at $119 on the hourly chart of ETH/USD (data feed via Kraken). The pair might continue to consolidate and it could even test the $114 support area in the near term. Ethereum price is showing signs of extended consolidation against the US Dollar and bitcoin. ETH/USD could decline towards the $114 support before the next upward move. Ethereum Price Analysis…

Ethereum Price Analysis: Dips In ETH Remain Attractive

ETH price extended gains and traded above the $118 and $120 resistance levels against the US Dollar. There was a break above a major bearish trend line with resistance near $117 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $125 resistance and later corrected lower towards $120. Ethereum price is placed nicely in an uptrend against the US Dollar and bitcoin. ETH/USD could correct a few points, but dips remain attractive in the near term near $116. Ethereum Price Analysis In the weekly…

Ethereum Price Weekly Analysis: ETH Skyrockets, Dips Remain Supported

ETH price formed a solid support at $100 and started a strong uptrend against the US Dollar. There was a break above a crucial bearish trend line with resistance at $104 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair traded as high as $122 and it is currently consolidating gains with range moves. Ethereum price climbed higher sharply versus the US Dollar and Bitcoin. ETH/USD is now placed in a bullish zone above the $114 and $112 support levels in the near term. Ethereum Price Analysis…

Ethereum Price Analysis: ETH Facing Uphill Task Near $105 Resistance

ETH price declined recently, tested the $100 support, and later recovered against the US Dollar. There is a major bearish trend line formed with resistance near $105 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to face a strong resistance near $105 and the 100 hourly simple moving average. Ethereum price started a short term correction against the US Dollar and bitcoin. ETH/USD is likely to fail near $105 or $107 and it will most likely resume its slide. Ethereum Price Analysis Yesterday, there…

Buy Ethereum on Opera | Browser Wallet Accepts ETH Purchases

Web browser Opera announced earlier today that Android users can now buy Ethereum (ETH) directly from its browser wallet. For reference, ETH is currently selling for $104.75 USD per coin according to CoinMarketCap. Buying Ethereum on Opera To make Ethereum transactions possible in this manner, Opera has partnered with regulated crypto brokerage Safello to provide the cash-to-crypto exchange. Further, the browser is making life even easier by enabling payments with credit and debit cards. It has also implemented other payment networks such as Sweden’s Swish. According to the web browsing…