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Category Archives: Ethereum

Is Another Ethereum Hard Fork Needed with Current All Time High?

With Bitcoin Futures grabbing all the limelight, the number two cryptocurrency is not far behind. Ethereum is trading near all-time high, and ETH prices are hovering around $550.00. With more banks opting for the platform to meet stricter regulations, the currency shall keep grabbing headlines in future.

At present, ethereum hard fork news has surfaced again with Parity Technologies, the company that offers one of the fastest and most secure ways of interacting with the Ethereum blockchain. Parity comes with an extensive and easy to use, in-built Ethereum Wallet, which can be accessed by the users via web browser of their choice. However, there was an ethereum code bug which brought.

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Ethereum Coin Prices Are All Set to Steal the Show

Ethereum Coin: This Is Why ETH Is Likely to Outperform BTC
Bitcoin is making headlines at the moment, and it has become the talk of the town. A milestone event occurred on December 10 and this cryptocurrency gained some level of legitimacy as it began trading on the Chicago Board Options Exchange (CBOE). All this buzz is overshadowing the fact that Ethereum Coin, the second-largest cryptocurrency by market cap, is all set to make a substantial move toward higher prices. The kicker is that I believe ETH coin prices are going to considerably.

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Ethereum Price Forecast: ETH on Track for $1,500 Despite Continued Volatility

Ethereum News Analysis
All is sunshine and roses in the cryptocurrency world. Or at least that’s how things look at the moment, given that Bitcoin crossed $11,000 and Ethereum is holding above $450.00.

But markets never hold still for long.

Cryptocurrency markets are particularly restless. Investors swoop in, betting on Bitcoin, Ethereum, or one of the altcoins. Then, before they begin to understand the dynamics of the market, they get cold feet.

Some of them leave en masse, driving prices down. Others take advantage of the low prices,.

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Ethereum Price Forecast: Mark Novogratz is Probably Right About $1,500 ETH

Ethereum News Analysis
In the interest of full disclosure, you should know that our official Ethereum price forecast for 2017 was $400.00. We also predicted that ETH prices would later accelerate to $1,000.00 in 2018.

Mark Novogratz has different ideas.

As a hedge fund manager who cut his teeth at Fortress Investment Group, Novogratz has pedigree. He thinks that Ethereum is headed to $1,500.00, not simply $1,000.00.

And to be honest, he might be right.

We issued forecasts months and months ago, when Ethereum was down in the dumps.

Other analysts accused me of excessive optimism at best, and downright delusion at worst. But it turns out that my.

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Bitcoin: Globitex group company granted Electronic Money Institution (EMI) licence by EU regulator

23rd November, 2017, Gibraltar – Globitex, the new bitcoin exchange co-founded by early bitcoin adopter and former Executive Director and a Founding Board Member of the Bitcoin Foundation Jon Matonis, marks a significant milestone in its journey to make bitcoin a truly global currency of settlement. Globitex Holding (Latvia) group company NexPay UAB has been granted an e-money license (EMI) by the Bank of Lithuania to carry out payment services and e-money issuance in the EU. This opens a series of doors for Globitex exchange, enabling it to take an important step closer to its goal of dramatically increasing bitcoin trading volumes in order to facilitate its use right across the spectrum of commodity and money markets. Current operating entity of the Globitex bitcoin exchange is a UK-based Globitex group company.

Bitcoin: currency of global settlement

Whilst bitcoin is currently making new highs, there is still the fundamental economic issue that order-book depth and liquidity cannot support very large trades. Although bitcoin offers enormous advantages for international settlement due to its speed and low cost compared to legacy money transfer services, it cannot yet serve as a currency of international trade settlement across the world’s financial markets.

Globitex Chairman and Founding Director of Bitcoin Foundation, Jon Matonis, stated:

‘I look forward to this evolution of digital currency trading platforms that ensure futures contracts with a physical delivery component. Strong connection to the spot markets, including contract limits and physical delivery that is linked to provisioned commodities, will serve as the market standard for price integrity.’

The aim of Globitex is to facilitate entry into the bitcoin market for a new generation of customers, both retail and institutional-level traders, enabling the increase in value and stability that will allow commodities like crude oil, gold, coffee and other financial instruments to be priced directly in bitcoin.

SEPA payments

Acquisition of the EMI licence brings with it the possibility of integrating with the SEPA euro payments system directly through the Central Bank of Lithuania. This will enable NexPay to clear euro payments directly, without the involvement of commercial banks, and to issue IBAN accounts to Globitex clients just like banks issue accounts to clients. This is a huge step forward in terms of accessibility.

The regulatory green light for the EMI licence is a leap forward in the development of the bitcoin and broader cryptocurrency industry. This sets a new level of legitimacy for cryptocurrency overall, moving towards widespread adoption.

Crucially, the newly-issued EMI licence is fully ‘passportable’ to all other EU member states, allowing NexPay to provide clients with payment services and e-money issuance across all 28 countries.

Liza Aizupiete, Managing Director of Globitex, reflects:

‘Globitex is looking to set new cryptocurrency trading standards not only technologically, or by commodities-linked product offering, but especially in Globitex’s legal setup, ensuring safe passage to the digital age.’

GBX token sale

Globitex group is holding a token sale to fund the scaling of its existing exchange infrastructure into a commodities spot and derivatives exchange for bitcoin. The GBX utility token will be issued on the Ethereum blockchain. GBX will be used to pay trading fees and reward exchange users and liquidity providers.

The GBX token will be sold for the equivalent of EUR 0.10 in Bitcoin (XBT), Ether (ETH) and Bitcoin Cash (BCH), with significant discounts for early participants.

Ethereum Price Forecast – ETH to Get Futures Contract, Like Bitcoin

Investors who missed out on the Bitcoin surge to $7,834.72 should pay close attention to today’s Ethereum news update. ETH is on the verge of getting its own derivatives market, which is precisely what sent Bitcoin flying to the moon last month.

I know that memories are short in the crypto space, but surely we all remember the dramatic run that Bitcoin experienced in recent weeks.

Remember, Bitcoin had just broken through the $5,000 level when CME Group Inc (NASDAQ:CME) announced that it would add a Bitcoin futures contract. Investors took one.

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Ethereum Parity Wallet: Another Bug Discovered – $300m in ETH potentially lost!

Ethereum Parity Wallet: Another Bug Discovered – $300m in ETH potentially lost.

Source of video (top): The Cryptoverse

Source of video (bottom): Boxmining

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