Ethereum

Following the completion of the Ethereum Classic (ETC) hard fork, a scam exploiting users recently got revealed. The ETC development organization addressed the fraud while cautioning people. On the 13th of January, the ETC cooperative tweeted, exposing an alleged scam claiming to be “EAgharta.” The Agharta fork went live on the 12th of January and improved interoperability with protocol changes introduced to its blockchain through its Constantinople and St Petersburg upgrade in 2019. The scammers behind EAgharta, are trying to…

Recently, analysts are showing bullish moves anticipation for ETH, Bitcoin, and other mainstream digital currencies. These analysts are using a metric that suggests the overall growth of Ethereum’s network in recent months. Such metrics indicate an incline in the Ethereum’s price in the future. On the 8th of January 2020, a Twitter user shared a chart showing Ethereum’s growth is on the upside. Network growth gets defined by the number of new addresses created per day. Since the top of…

The ETH/USD price is showing some declining signs. A break under $ 125 and $ 120 could make ethereum's price move to the downside. Yesterday, the price started dropping from the hurdles at $ 135. The price later settled under the support at $ 130 and the 100 hourly SMA.  Further, the price declined to under $ 128. Analyzing the ETH/USD Hourly Chart The ETH/USD hourly chart shows a break under a contracting triangle with support close to $ 127.…

This year, ETH's price declined to a 9-month low, hence losing almost all the gains it accrued. The decline is one of the cryptocurrency market moves, influenced by the decrease in BTC's price at $ 7 000. Some individuals, however, believe that the price of ETH will not surge anytime soon. Some market participants are negative concerning ethereum, and this may be contributing to its bearish performance. One of these participants is Messari company researcher, who wrote a paper entitled…