FACT CHECK: Reddit Co-Founder Says Ether Will Reach $15,000
Alexis Ohanian, a co-founder of Reddit, misspoke when he said Ether (ETH) will reach $15,000 in 2018. He mean to say the much more reasonable $1,500.
Ethereum (ETH)
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.
There is a Chance Ethereum and Other ICOs are Securities
Ethereum, TRON, OMG, NEO, EOS, and more are all ICO platforms and many originated as ICOs. If the SEC considers ICOs securities, then about 1/2 of cryptos are securities.
The SEC and Cryptocurrency
We take a look at how the SEC views cryptocurrency, including them potentially viewing ICOs as securities. Below is my interpretation of statements made by the SEC and actions taken by the SEC pertaining to cryptocurrency.
TRON / Ethereum Airdrop Planned as Tron Moves to Its Own Network
TRON (TRX) was an ERC20 token on the Ethereum network. However, it is moving to its own network and plans to airdrop TRON to Ether (ETH) holders as a thank you.
Is this a Bull Run or Bull Trap? Past Bubbles Offer a Few Clues
There is one question on all our minds, is this a bull run or a bull trap? Past bubbles can offer clues, but no one can predict the future.
Crypto is Flirting with Breaking the Downtrend
Bitcoin has been in a downtrend, along with the rest of cryptocurrency since mid January or so (the exact date differs by coin). Now many coins are gearing up to break out of the 2018 bear market.
Bitfinex
Bitfinex is a leading and important cryptocurrency exchange that offers the major cryptocurrencies for trade and is a favorite spot for margin traders.
Coinbase / GDAX Adding ERC20 Support (Does this Mean New Coins?)
Coinbase / GDAX announced that they will be adding support for ERC20 tokens (a common token type of the Ethereum Network). They haven’t announced specific coins, but they are eluding to it.
Cryptocurrency For Beginners
Here is a guide to cryptocurrency for beginners. We offer simple answers to questions like what is cryptocurrency, how does it work, what is Bitcoin, what is blockchain, how do I buy cryptocurrency, etc.
What is a Cryptocurrency Airdrop?
In cryptocurrency, the term “airdrop” is used to describe a type of distribution event for a cryptocurrency where tokens are distributed to existing wallets.