A Recap of October 2018 So Far
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.
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.
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.
In order to use most crypto apps and access many cryptos, which you can do via Coinbase Wallet, you need Ether (ETH).
In cryptocurrency a DEX is a Decentralized peer-to-peer Exchange. It is an exchange run by code. It usually exists as a decentralized application (DApp). It is a place where people can trade cryptocurrencies directly without a middleman.
Sometimes all the good news in the world isn’t enough. ETH is in a downtrend despite two regulated Ethereum-based stable coins that could be Tether killers being announced and despite ETH futures on the horizon.
Paxos, just like the Winklevoss Twins, just launched the world’s first regulated stablecoin. And, as a plus for Ethereum fans, both coins are Ethereum-based.
The Winklevoss Twins’ Gemini Trust has launched the world’s first regulated stablecoin. The coin is an Ethereum-based asset pegged to the U.S. dollar.
Ethereum is stuck under $300 at 2017 prices and losing value against Bitcoin and most alts here in early Sept 2018. Thus it begs the question, “is Ethereum Dead?”
According to Business Insider’s inside sources the CBOE futures exchange is planning on launching Ethereum futures in 2018 and are just waiting on clarity from the Futures Trading Commission (CFTC).
You can now buy and sell Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on Yahoo Finance.
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