Ethereum

Ethereum Price Analysis: Ethereum May Advance Further Up In Upcoming Weeks

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  • Ethereum (ETH) may pick up momentum to move past $300 soon
  • Ethereum technology being used by global companies to develop their stable coins

Ethereum (ETH) has been ranked second in the cryptocurrency world, but its exclusive technology has made it a preferred choice of many global companies, including giants like JPMorgan, to develop their stable coins on this platform. It is only a matter of time for ETH to show bullish trends owing to increasing popularity, usage, and success in the global markets. The current market statistics portray a progressive picture.

Ethereum Price Statistics:

As on June 12, 2019, at 06:40:44 UTC, the price of ETH is noted at $248.39, and it has shown immense and almost exponential growth in the last 3 months by rising from $149.18 to its current value. This shows an uptrend of over 66% with a few milestones in between where ETH price peaked as high as $289.53. The coin showed a fair share of steep and slow trends but all moving upwards mostly.

Ethereum Price Chart -12 June

  • The price of ETH is currently noted at $248.39 and 0.03122565 BTC
  • The market cap of the coin has reached $26,492,610,807
  • The 24 h volume is now $7,507,667,235
  • The ROI of ETH stands at 8,685.65%
  • The circulating supply is now 106,455,522 ETH

There has been a downtrend of over 14% in the price of ETH coin since the onset of June, but it is regaining momentum to move back up fast.

Ethereum Price Prediction:

Ethereum may cross the $250 mark and trade above it in the coming week after 2 consecutive weeks of slow trends. By the end of the year, it may show 2X growth. With the introduction of new technological improvements and as a result of worldwide events, it may trade above $500.

Conclusion:

Ethereum token is the next big thing in the crypto world after Bitcoin and a lot of MNCs are developing their stable coins on the platform, which contributes to a secure future. This is the moment to decide on investing big in the coin.


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Ethereum

Ethereum-Based Decentralized Video Streaming Startup Livepeer Raises $8M

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Ethereum (ETH)-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors in its Series A funding round in a Medium post published on June 17.

Per the announcement, the startup will use the newly acquired resources to support the further development of the Livepeer protocol, network, software and ecosystem to further adoption. The round was reportedly led by venture capital firm Northzone, which was also one of the first investors in Spotify.

Other participants in the round purportedly include Digital Currency Group, Libertus, Collaborative Fund, Notation Capital, Compound, North Island, Coinfund, Haivision and StakeZero. Furthermore, according to the post David Mendels, the former CEO of online video platform Brightcove, has also joined the company in an active advisor role.

The company also claims that, since Livepeer has been first launched on Ethereum’s mainnet, thousands of users participated in securing the network and over…



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Altcoin

IOTA Price Analysis: Bearish Trend Seems to Completely Encircle IOTA (MIOTA)

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There are no positive vibes expected for IOTA yet. Already, there are so many altcoins which are continuously losing their worth day after day to the erratic and turbulent BTC. The recent growth of BTC and other cryptocurrencies has not really affected the growth of altcoins like IOTA. Despite bringing new updates, IOTA is still not able to hold up its value and is continuously plunging down at a steady pace. This is really ruffling, so far its sustenance in this turmoil market is concerned.

Current statistics from IOTA Chart:

  • Price in USD: 0.4325 USD
  • Price in BTC: 0.00004729 BTC (05:37 UTC)
  • Circulating supply: 2,779,530,283 MIOTA
  • Market rank: 16
  • Market cap: 1,203,149,464 USD

IOTA to USD Price Predictions:

IOTA Price Chart -...
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Blockchain

Blockchain Experts Slam Facebook’s Libra Cryptocurrency

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By CCN Markets: A lot has already been said about Facebook’s Libra cryptocurrency and its ambition to disrupt the finance world. But what about the blockchain technology that powers it? 

Blockchain experts have poured over the technical documents and played with the Libra protocol testnet. Suffice to say, they’re not convinced about Libra’s claims.

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Scams

Five Korean Crypto Exchanges Revise Their Terms of Service

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Five South Korean-based cryptocurrency exchanges have opted to revise their terms of service in favor of their users as requested by the country’s Fair Trade Commission more than a year ago. In the recent revisions, the five exchanges will now take liability for any losses resulting from exchange hacks even in the cases where it is not proved to be a failure of their systems.

The news was shared by the local news media, the Yonhap News Agency on Monday, June 17th stating that:

“Five cryptocurrency exchanges have changed their terms of service in a way that they can be liable for problems caused by potential cyber-attacks or system malfunctions, even if operators are not…



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Altcoin

Litecoin [LTC] Foundation Partners with Bibox and Ternio to Offer a Physical Debit Card

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Litecoin Foundation, the non-profit foundation behind one of the leading altcoins by market capitalization Litecoin has partnered with Bibox Exchange as Ternio, a blockchain company to enable cryptocurrency payments through Ternio’s debit card. Ternio already provides its users a debit card called The BlockCard, which is a physical debit card.

This partnership will see the three entities launch a special edition BlockCard that will only be available for spending Litecoin [LTC], Bibox’s and Ternio’s native cryptocurrencies BIX and TERN tokens respectively.

“The soon to be released debit card will enable users to spend the value of their cryptocurrency either online or in physical store locations, anywhere in the world where major credit cards are accepted,” a notification by the Litecoin Foundation states.

According to the notification, the special edition BlockCard will be integrated into the Bibox Exchange as well as the…



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Altcoin

Monero Market Capitalization Reaches $1.66 Billion (XMR)

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Monero (CURRENCY:XMR) traded 1% lower against the US dollar during the 24 hour period ending at 21:00 PM E.T. on June 18th. During the last seven days, Monero has traded 11.8% higher against the US dollar. Monero has a market capitalization of $1.66 billion and $217.76 million worth of Monero was traded on exchanges in the last day. One Monero coin can now be bought for $97.61 or 0.01064667 BTC on major exchanges including Coindeal, Exmo, Waves Decentralized Exchange and BTC-Alpha.

Here is how similar cryptocurrencies have performed during the last day:

  • Bytecoin (BCN) traded down 6.5% against the dollar and now trades at $0.0010 or 0.00000011 BTC.
  • Aeon (AEON) traded 7.6% higher against the dollar and now trades at $1.01 or 0.00010993 BTC.
  • DigitalNote (XDN) traded down 4.6% against the dollar and now trades at $0.0017 or…


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