Altcoins News
By Maheen Hernandez
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ETHEREUM BULLISH PRICE ACTION - NO
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ETHEREUM ULTRA BULLISH PRICE ACTION – YES
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The price action for Ethereum has been tracking that of Bitcoin. The current trend is because investors are worried about the ring of scammers who are currently holding the…
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The price of the Ethereum is below $130, and there is no practical progress with the Bulls and Bears.
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Bullish price action from ETH is at the current moment due to the defunct PlusToken Ponzi scheme.
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SuZhu, CEO at Three Arrows Capital, stated, "The PlusToken scammers' social media account in China now claims credit for the movement.
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Gainzt Claus stated, “A bull market in these conditions requires someone to constantly absorb 100k eth dumps until the scammers are done dumping 100M of stolen ETH.”
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Ethereum has not been doing well of late. A recent report from Ethereum expressed its intention that they will be stopping financing some of the development teams.
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Despite the current trends, one of the investors of Ethereum stated that Ethereum would hit the jaw-dropping price of $10,000.
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Bitcoin Macro Tweeted: “You can hate Ethereum as much as you want, but it's going to $10k during the next bull run.”
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After the recent upgrade of Ethereum 2.0, a significant upgrade is anticipated. The overall community believes that the performance of ETH is going to improve to a great…
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Jason Appleton stated, “I believe all of the best #ETH #Dapps will copy over or transition entirely to #ada when it is completed early 2020, which will send Cardano's growth…
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Vitalik Buterin suggested methods to migrating the data to ETH 2.0, meaning that the long-awaited upgrade to come soon. The technical details are yet to sort.
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