Ethereum

Technical Analysis of Ethereum

Ethereum is one of the best performers on the cryptocurrency market in the last two days, in less than 48 hours the price of Ethereum has advanced from $164 above $198 and the current price stands around $197. The beginning of May has been very positive for the cryptocurrency market so far, the price of Bitcoin is above $6 900 and this is certainly a positive thing for all other cryptos. It is also important to mention that there is a correlation between the price movements of Bitcoin and other cryptocurrencies. Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). This cryptocurrency has the largest developer community and that Ethereum’s proof of concept is popular among institutional investors. In my opinion, there’s a very good reason to pay attention to it rather than Bitcoin: a lot of popular projects are launched using the Ethereum blockchain and this platform has big businesses’ attraction to its blockchain. When we look at the 1-year chart we can see that Ethereum is moving in “downtrend”. As long Ethereum is below $400 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $150 and $200 – If the Ethereum jumps above $200 that would be a “BUY” signal and the open way to $250. If the Ethereum jumps above  $400 that could be a strong signal of the trend reversal and the open way to $500. On the other side, if the ETH falls below $150 that will be a signal “SELL” signal and the next target could be around $130.

Advice: If the price advances above $200, short-term traders can enter the position with the stop loss at $190 and take profit at $250 or even $300. The beginning of May has been very positive for the cryptocurrency market and the price of Ethereum currently stands around $197. Ethereum can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $2000 in the next two years.
 

Technical Analysis of Ethereum

Ethereum is one of the best performers on the cryptocurrency market in the last several days, in less than five days the price of Ethereum has advanced from$140 to $180. The beginning of April has been very positive for the cryptocurrency market so far, the price of Bitcoin is above $5000 and this is certainly a positive thing for all other cryptos. Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). Ethereum uses Ether (ETH) as its token and it is important to say that ETH is the third-largest cryptocurrency in terms of market cap behind Bitcoin and Ripple. When we look at the 1-year chart we can see that Ethereum is moving in “downtrend”. As long Ethereum is below $400 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $150 and $200 – If the Ethereum jumps above $200 that would be a “BUY” signal and the open way to $250. If the Ethereum jumps above  $400 that could be a strong signal of the trend reversal and the open way to $500. On the other side, if the ETH falls below $150 that will be a signal “SELL” signal and the next target could be around $130.

Advice: The beginning of April has been very positive for the cryptocurrency market and the price of Ethereum currently stands around $172. In my opinion, there’s a very good reason to pay attention to it rather than Bitcoin: a lot of popular projects are launched using the Ethereum blockchain and this platform has big businesses’ attraction to its blockchain. Ethereum can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $2000 in the next two years. As for the technical picture, the ETH remains in bearish phase but if the price advances above $200, short-term traders can enter the position with the stop loss at $190 and take profit at $250 or even $300.
 

Technical Analysis of Ethereum

Ethereum can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $1000 by the end of 2019. The founder of Ethereum Vitalik Buterin spoke recently that the demand for using public blockchains is high and we need to up the stability in order to meet that demand. It is important to say that this cryptocurrency has the largest developer community and that Ethereum’s proof of concept is popular among institutional investors. In my opinion, there’s a very good reason to pay attention to it rather than Bitcoin: a lot of popular projects are launched using the Ethereum blockchain and this platform has big businesses’ attraction to its blockchain. When we look at the 1-year chart we can see that Ethereum is moving in “downtrend”. As long Ethereum is below $400 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $100 and $200 – If the Ethereum jumps above $200 that would be a “BUY” signal and the open way to $250. If the Ethereum jumps above  $400 that could be a strong signal of the trend reversal and the open way to $500. On the other side, if the ETH falls below $100 that will be a signal “SELL” signal and the next target could be around $80.

Advice: Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). My opinion is that Ethereum could be a very good investment opportunity at the current price levels and putting a reasonable amount of money into this cryptocurrency could potentially turn out to be an excellent investment. As for the technical picture, the ETH remains in bearish phase but if the price advances above $200, short-term traders can enter the position with the stop loss at $190 and take profit at $250 or even $300.
 

Top Crypto Investments That Will Yield 1000% by 2025

What will cryptocurrency be in the future? What will your crypto investments worth in about 6 years from now? In no particular order we will discuss the features & future of some “currently” top cryptocurrencies. And in no particular order our first cryptocurrency will be:
 

ZCASH

 
Its genesis dates back to 2013. Zcash was formerly known as Zerocoin and was invented by a team of scientists; Matthew Green, Ian Miers, Christina Garman, Aviel D. Rubin
Zcash (ZEC) is another Crypto currency like bitcoin but with a few different features. Just like Bitcoin, it is based on a decentralised blockchain but allows for anonymity behind all transaction amounts and the parties involved. In Bitcoin if you know someone’s address you can follow their transactions and you can see all their addresses and their transaction amounts. Its quite clear how much money is moving around, with ZCash all the information is encrypted.
 
Yes! Zcash has caused a lot of controversy with its cryptocurrency distribution methods but this is because the organisation is not set up as an open source community but as a Company. This is the first major difference between ZEC and other cryptocurrencies such as the ethereum. Another very distinct difference is how they plan on rewarding  investors and workers in the Company. They plan on doing this by a tax on mining rewards called “Founders’ reward.”
 
Currently, the Zcash is at about $449 but experts believe that Zcash has the potential to fill the void left by the declining off-shore banking sector and to gather much more persons across different financial backgrounds into its fold and not only wealthy elites. Some perosns have even posited that the Zcash price would reach $6,289 at only one percent of the global off-shore wealth. That alone is an over 1000% increase from its current price level. Following this predictions, the Zcash could reach a peak of about $62,293 or more by 2025.
 

DASH

 
Rated as the 15th most valuable cryptocurrency, DASH brings alongside lots of promises; it is noteworthy to mention the fact that Dash is not subject to the pressure of mining cartels or feuding core developers and this goes to show that its appreciation could as a matter of fact, stabilize in a couple of years. We believe that DASH would receive more acceptance in the 2020 and upwards especially for peer-to-peer transactions such as money transfers. We also believe that if DASH’s superior blockchain makes it easier to carry out transactions, it could see its price going up to the $1,000 range. As we know, one of the most interesting feature of the DASH coin is its ability to transfer funds to prepaid debit cards with much more ease as compared to other cryptocurrencies. For 2025, if the DASH coin can continue to be an investment commodity and enjoy greater circulation and stability, we certainly will see the DASH coin reach a high of over $1,500. That would be over 1000% of its current price level.
 

ETHEREUM

 
Ethereum was invented by Vitalik Buterin and is known to run on smart contracts and accelerates hash time and consequently reduces processing time for transactions. The smart contracts enabling system of Ethereum has been widely accepted and adopted. It is now the second most valuable cryptocurrency and its popularity is expected to increase as it becomes adopted by more and more persons.
If we were to assume that both bitcoin and ethereum represent half the worth of the crypto market each having 25% (1,137,500,000,000), and then we divide this amount into 100,000,000 (the maximum amount of Ethereum to be in circulation) we will find the value of one Ethereum to be $11,375. However, on the long run like in 2025, most experts believe that the value of ethereum will be $30,000 seeing that ethereum is for a non-profit initiative; and that Ethereum is regulated by the forces of demand and supply and the demand for Ethereum is steadily increasing. So by 2025, citeris paribus ethereum will be 1000% more than its current value now.
So there you have it. That’s our list of top cryptos that will yield 1000% and more, though we know that other cryptocurrencies can yield good investments within the said period, but this post solely focuses on those crypto investments that would increase the yield by over 1000% more.

ALL YOU NEED TO KNOW ABOUT CONSTANTINOPLE: ETHERUM'S NEW FORK

Etherum’s new fork called Constantinople is upon us. And everyone seems to be looking for what it is all about. How about we take a journey through the Constantinople fork from the root?

WHAT IS A FORK

A fork is when the state of a blockchain platform diverges into a different perspective. It is just like how you update the software your personal computer or the applications on your smart devices. There are two types of fork; soft and hard fork. A soft fork is an upgrade that is backward compatible; that is it can support older version of the blockchain features. However, older versions cannot use the new features. Hard fork on the other hand is not backward compatible. If a user fails to upgrade to the new version, he does not get have any access whatsoever.

CONSTANTINOPOLE

Constantinople is the name of Etherum’s hard fork of 2019.
The hard fork is made up of five EIPs. Four of them are aimed at making a short-term improvement in scaling, with the biggest news being the reduction in the rewards that Etherum miners get. The five EIPs are as follows;

EIP1014 – Skinny CREATE2

EIP1014 is expected to improve transactions that occurs between Raiden Network and Etherum’s main-chain. It will create memory spaces in the main chain by executing transactions with side-chains in a completely different memory space. The EIP1014 is the creation og Vitalik Butterin.

EIP145 – Bitwise Shift

This is geared towards the reduction of fuel used in running the Etherum network. Recall that the users of Etherum and its developers pay in the form of Ether which is a gas to be on the platform. However, with EIP145, gas cost could be unbelievably cheaper than the current price. This is expected to boost Etherum’s edge over its competitors as it becomes cheaper to use.

EIP1052 – EXTCODEHASH opcode

This users in a new opcode which will help in the verification of codes when two smart contracts interacts with each other. The EIP1053 uses the functionality of has in increasing the speed in which smart contracts are verified.

EIP1234 – Bomb Delay and Block Reward Adjustment

This EIP is called to action is the aspect of the reduction in the mining reward, from 3 ETH to 2 ETH for each block mined. Most developers mistake this EIP to be a step towards PoS protocol but it is actually not, it is rather a means that will ease the implementation of the protocol that Constantinople proposed.
EIP1283 : Net Gas Metering for SSTORE without dirty maps
This EIP deals with the reduction of the cost of gas that is associated with the storage of data. It is arguably the most technical of all the EIPs, and it works hand in hand with the EIP145

EFFECTS OF THE FORK ON ETHERUM HOLDERS

The Constantinople hard fork is a non-contentious type of hard fork. In a non-contentious hard fork, everyone on the network stops running the old software, therefore no new blocks are added to that chain and all the coins on the cold chain are devalued. This on a long run slows the chain, killing it in the process. On the other hand, a contentious fork results into the users of the blockchain using any of the forks. This will keep the two chains alive, making each coin in it valuable. The fact that Constantinople is a non-contentious fork absolves every iota of fear that holders of the coin harbours as a result of them likening this hard fork to that of Bitcoin Cash. So the hard fork will be somewhat beneficial to the entire network. Block time will likely still be 15 seconds and the cost of transactions is expected to decrease. All holdings on crypto exchanges, cold storage wallets and wallets will be unaffected, but one thing that holders of ETH should be weary of is the case of fraud. There are many people parading themselves on the crypto space as representatives of projects forked out of Etherum. This hard fork is no in anyway like the former fork that birthed Etherum Classic.

Technical Analysis of Ethereum

My opinion is that Ethereum could be a very good investment opportunity at the current price levels and putting a reasonable amount of money into this cryptocurrency could potentially turn out to be an excellent investment. Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). Ethereum uses Ether (ETH) as its token and it is important to say that ETH is the third-largest cryptocurrency in terms of market cap behind Bitcoin and Ripple. When we look at the 1-year chart we can see that Ethereum is moving in “downtrend”. As long Ethereum is below $400 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $100 and $200 – If the Ethereum jumps above $200 that would be a “BUY” signal and the open way to $250. If the Ethereum jumps above  $400 that could be a strong signal of the trend reversal and the open way to $500. On the other side, if the ETH falls below $100 that will be a signal “SELL” signal and the next target could be around $80.

Advice: The January 2019 has been very negative for the cryptocurrency market and all major cryptocurrencies are still under the pressure. In my opinion, there’s a very good reason to pay attention to it rather than Bitcoin: a lot of popular projects are launched using the Ethereum blockchain and this platform has big businesses’ attraction to its blockchain. Ethereum can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $2000 in the next two years. As for the technical picture, the ETH remains in bearish phase but if the price advances above $200, short-term traders can enter the position with the stop loss at $190 and take profit at $250 or even $300.
 
 

ALT COINS TO WATCH OUT FOR IN 2019

An altcoin is any digital cryptocurrency similar to Bitcoin. They are all the alternative cryptocurrencies launched after the breakthrough of Bitcoin. They generally project themselves as better substitutes to Bitcoin. The term is said to stand for “alternative to Bitcoin” and is used describe any cryptocurrency that is not a Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow. Most popular altcoins use the same fundamental building blocks as Bitcoin. This implies that most altcoins are peer-to-peer, and they involve a mining process through which the users can solve difficult problems in order to unlock blocks, and they also offer efficient and cheap ways to carry out transactions on the web. altcoins vary widely from each other even with their many overlapping features – altocoins differentiate themselves from bitcoin with a range of procedural differences, including different proof-of-work adifferences the different means by which their users can sacrifice energy to mine blocks and application advancements to increase their user’s anonymity.

In April 2017, the size of the cryptocurrency market was just about $25.9 billion but as now, it stands at about $409.5 billion. The market growth gave room for many new cryptocurrencies to emerge. So it is pretty tasking to pick out the vest alt coins as there are hundreds to choose from. But in this article, I will show you the best 5 alt coinsto watch out for in 2019 so buckle up, its going to be a long ride.
Many of these altcoins are basically forks of Bitcoin, developed on its open source code. It can be a difficult task to choose the best altcoins, as there are thousands of options out there.

Best Altcoins to Invest in 2019

1. Litecoin

Litecoin is one of cryptocurrency’s oldest altcoins, it was created in 2011 by Charlie Lee(ex-google employee). Litecoin is just a digital currency like bitcoin but with certain upgrades. Litecoin shows very many improvements from that of bitcoin, especially its remedy of bitcoin’s slow transaction speed. As a matter of fact, the reason that it is called Litecoin is because it is 4 times faster than Bitcoin. A Bitcoin transaction could take about 10 minutes to complete but a Litecoin transaction is done and dusted in 2.5 minutes. This makes Litecoin more scalable than Bitcoin as the litecoin can complete more transactions per second than the bitcoin can. The litecoin is fairly easy to purchase because it is offered by most of the top cryptocurrency exchange platforms. You can buy Litecoin from Kraken or from Coinbase or Coinmama or Bitsquare.

2. Ethereum

Ethereum was launched in July 2015 by Vitalik Buterin. All the list of the best altcoins must have listed in them, Ethereum. Ethereum is the second most valuable cryptocurrency after Bitcoin and it has a current market capitalization of about $64.35billion.
The price of Ethereum has grown from $9 in January 2017 to $1,389 in January 2018. And its price has almost doubled in price within the last one month, from $396 at the beginning of April (2018) to $648 today.
Why is Ethereum so unique and different from Bitcoin?
Bitcoin is just a virtual currency, but Ethereum has more to offer in addition to that. Ethereum provides a platform for the developer on which they can build blockchain-based smart contracts and decentralized apps.
Ethereum was the first cryptocurrency token to introduce smart contracts(Smart contracts are agreements coded on the blockchain that execute themselves on when certain pre-set conditions are met), and smart contracts are now considered as the next big thing.
As one of the most widely available cryptocurrencies, Ethereum can be purchased from any popular exchange. Many of these exchanges support credit/debit cards in addition to bank transfer. So you can purchase Ethereum from Coinbase or Coinmama or CEX.io or Gemini.

3. NEO

NEO, which was originally called AntShares. It was created in 2014 by Da Hongfei in China. It is the biggest cryptocurrency which is of Chinese origin. NEO, like Ethereum, is a platform designed for developing decentralized applications (Dapps), Smart contracts and ICOs. It has very close resemblance with Ethereum and because of this close resemblance to Ethereum, NEO is often referred to as the “Chinese Ethereum”. One of the major factors which is propelling growth for NEO is the support it enjoys from the Chinese government and its robust technology. NEO has a vision of building a smart economy and this Impliesthe digitization of physical assets like cars, houses etc. To buy NEO, you must First buy bitcoin and then exchange it.

4. CARDANO

Cardano fixes three of the most pressing challenges the first and second blockchain generation projects faced. These challenges are: availability, interoperability and sustainability. Cardano offers advanced improvements over Bitcoin as well as over Ethereum. Cardano is a decentralization app building platform with its unique native frequency.
Cardano also profers solutions to the problem of slow international payment transfers by reducing the cost and speed to a few seconds. Cardano can easily be gotten from coinmama but if you wish to buy from other platforms, you will need to but bitcoin first.

5.DASH

Dash was launched about 5 years ago by Evan Duffield. It was first called Xcoin then renamed Darkcoin but in 2015 it was finally re-branded to Dash. Dash has a market capitalization of about $3.79billion so could be one of the best coins to invest in 2019. Dash has made some giant strides And the technology and offers better privacy and a higher transaction speed than Bitcoin.
Unlike Bitcoin in which the address of the sender is made public, Dash keeps the addresses hidden. So, Dash’s transactions cannot be traced back to the origin, while Bitcoin transactions are traceable.
Dash also has its own self-funding mechanism (0% of all the mining reward goes back to the Dash.) This fund is used to further improve and grow Dash.

Technical Analysis of Ethereum

Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). There’s a very good reason to pay attention to it rather than Bitcoin: a lot of popular projects are launched using the Ethereum blockchain and this platform has big businesses’ attraction to its blockchain. In my opinion, this cryptocurrency is currently at a point where it has the potential to make very big gains. If the price falls to $100 that would be an even better entry point for the long-term investors because this price level represents very strong support. Ethereum uses Ether (ETH) as its token and it is important to say that ETH is the third-largest cryptocurrency in terms of market cap behind Bitcoin and Ripple. When we look at the 1-year chart we can see that Ethereum is moving in “downtrend”. As long Ethereum is below $400 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $100 and $200 – If the Ethereum jumps above $200 that would be a “BUY” signal and the open way to $250. If the Ethereum jumps above  $400 that could be a strong signal of the trend reversal and the open way to $500. On the other side, if the ETH falls below $100 that will be a signal “SELL” signal and the next target could be around $80.

Advice: Ethereum can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $2000 in the next two years. Yes, it is true that the price could fall even more but the current price of ETH stands around $128 and this is very close to strong support which stands at $100. As for the technical picture, the ETH remains in bearish phase but if the price advances above $400, short-term traders can enter the position with the stop loss at $390 and take profit at $450 or even $500.
 
 

Come back of Ethereum

How has Etherum fared?

The volatility of the cryptocurrency market is not new to the people in the crypto sphere. And if you eventually still find it hard to believe in the crypto winter, 2018 is a perfect start for historical upkeep. The year 2018 will forever be significant in the history of cryptocurrency; especially for the crypto coins on the top ten market capitalisation chart. It is not news that the year was laced with a lot of bearish run, compared with the bullish equivalent. However, while Bitcoin remained unrivalled on the top of the chain, altcoins were battling themselves in the market share capitalisation. The last quarter of the year saw Etherum (ETH) lose its second position on the crypto coins market capitalisation to Ripple (XRP). But 2019, which by the way had a lot of prophesies to go by has already started its own historical trend, even in less than a month into the year.  This is evident as Etherum recently took back its number two position, with over 11% bullish run, reaching a total market capitalisation of $15.6 billion. With this improvement, it is proficient to say that we have seen the comeback of Etherum.

Little Throwback

Etherum was created in 2015 by Vitalik Buterin, a Russian-Canadian developer. It is not just a currency, rather it is a blockchain protocol which allows users around the globe to transfer and receive coins without the need of a third party. Unlike the alleged king of cryptocurrency, Etherum is beyond just financial transactions. When it was created, it became the first blockchain project capable of hosting and performing smart contract technology. The smart contract technology is somewhat a line of code which avails people the platform to reach an agreement without the need or the involvement of a third party. Another distinguishing factor that have made Etherum survive the test of time is that it is able to confirm the movement of funds in time as little as 16seconds. Which is fifteen seconds less than the normal blockchain smart contract protocol.
When Etherum was launched in 2015, Butterin’s team raised over $18 Million in asset. That same year, It was enlisted on major cryptocurrency exchanges, with the cryptocoin trading between $2 and $3 in its early stages. The following year saw Etherum rise to $20.5, but in that same year, it took a major hacking blow, with the perpetrators carting away with over $50 Million worth of the crypto coin. This made it end the year at a coin placed at $8. However, Butterin’s team had gone back to the drawing board that same year, and so it forked into Etherum (ETH) and Etherum Classic (ETC). ETC didn’t gain much popularity but the fork kind of made Etherum popular in the cryptocurrency world. This was evident in 2017, as Etherum rose from $8 to $840, reaching an all-time high in early 2018 at $1,360. Unfortunately, 2018 was not a good year in general for the crypto coin – and it was not a good year for other cryptocurrencies either.

Word for Investors

However, as established earlier, 2019 has greeted Etherum with a boost. As a blockchain technological platform, it boasts of over 2,000 dapps. And with its developers working to find solution to the scalability issues that it encountered last year, an upgrade is due this January. This upgrade which is named Constantinpole will improve the blockhain’s efficiency, making it more ASIC-resistant. Most experts believe that this upgrade will be like the Etherum fork of 2016, and so it will increase the popularity once again, making what I have termed the second coming of Etherum. Also, the team at Etherum are looking forward for a much later upgrade in 2019, enabling the use of Casper protocol and sharding. This as I perceive will move Etherum from PoW (Proof of Work) to PoS (Proof of Stake), thereby eliminating the problem of the regulation of mining operations. Also, sharding will afford the blockchain of Etherum more speed in transactions. All these things might sound too technical but in actual fact, these are what has made Etherum stand out over the years, and with an upgrade that will increase the efficiency of the cryptocurrency and the blockchain technology it uses, Etherum is set for a bullish run. Especially as it is still the favourite for cryptocurrency dapps projects.

Technical Analysis of Ethereum

The cryptocurrency market has posted a minor recovery at the beginning of the 2019 year but the negative trend is still strong. In less than five days the price of Ethereum has advanced from $130 above $165 and the current price stands around $160. Lots of analysts agree that Ethereum is currently at a point where it has the potential to make very big gains and the current situation represents a very good entry point for long-term investors. Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). Ethereum uses Ether (ETH) as its token and it is important to say that ETH is the third-largest cryptocurrency in terms of market cap behind Bitcoin and Ripple. When we look at the 1-year chart we can see that Ethereum is moving in “downtrend”. As long Ethereum is below $400 this cryptocurrency is in the “SELL” zone. Short term support and resistance levels are $150 and $200 – If the Ethereum jumps above $200 that would be a “BUY” signal and the open way to $250. If the Ethereum jumps above  $400 that could be a strong signal of the trend reversal and the open way to $500. On the other side, if the ETH falls below $150 that will be a signal “SELL” signal and the next target could be around $130.

Advice: In my opinion, there’s a very good reason to pay attention to it rather than Bitcoin: a lot of popular projects are launched using the Ethereum blockchain and this platform has big businesses’ attraction to its blockchain. Ethereum can be a very good investment option according to estimates and some predictions say that this cryptocurrency could be above $2000 in the next two years. As for the technical picture, the ETH remains in bearish phase but if the price advances above $200, short-term traders can enter the position with the stop loss at $180 and take profit at $240 or even $280.