Short interest on BTC and ETH hit an all time high today as prices dropped to 2018 lows. Short interest generally shows sentiment (bearish in this case), but it also can be a set up for a short squeeze (like in April).
Ethereum’s Ether is one of the top cryptocurrencies. The Ethereum network uses a smart-contract system that facilitates the creation of tokens, decentralized applications, and more.
The token native to this network is called “ether.”
This section contains articles on Ether, ERC-20 Tokens, and the Ethereum platform.
FACT: The ethereum network is used to create about 1/2 of all ICOs. This means many coins on the market are Ethereum based.
Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) are launching on Coinbase Pro
Coinbase Pro will be adding the Ethereum-based tokens Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA).
Ohio House Rep. Warren Davidson plans to introduce federal legislation to regulate ICOs. This includes creating an asset class for tokens that would prevent them from being classified as securities.
Amazon announced at Amazon’s re:Invent conference that they are launching the Amazon Managed Blockchain platform. Users can build platforms using either IBM’s Hyperledger Fabric (available) or Ethereum (not available yet).
Vitalik Buterin described the upcoming Ethereum 2.0 scaling solution Serenity at Devcon 4. Serenity is a Proof-of-Stake chain that will be fully compatible with the existing Proof-of-Work chain. It could increase scalability of Ethereum by as much as 1000x (hopefully).
Ethereum 2.0 is a term used to describe a series of potential updates to Ethereum to make it, for lack of better terms, faster and better.
The SEC has charged the EtherDelta founder With operating an unregistered exchange. He settled and EtherDelta is up and running. However, this confirms DEXs need to file with the SEC.
What if ETH does from 2017 to a future date what BTC did from 2013 – 2017? So far their charts look eerily similar.
A lot has happened in crypto in October 2018 despite the price of Bitcoin staying rather stagnant. Let’s do a quick review of October 2018 so far.
In cryptocurrency, confirmations are a measure of how many blocks have passed since a transaction was added to a coin’s blockchain.