The Currency analytics
By Maheen Hernandez
ETHEREUM BULLISH PRICE ACTION - NO
ETHEREUM ULTRA BULLISH PRICE ACTION – YES
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…
The price of the Ethereum is below $130, and there is no practical progress with the Bulls and Bears.
Bullish price action from ETH is at the current moment due to the defunct PlusToken Ponzi scheme.
SuZhu, CEO at Three Arrows Capital, stated, "The PlusToken scammers' social media account in China now claims credit for the movement.
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.”
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.
Despite the current trends, one of the investors of Ethereum stated that Ethereum would hit the jaw-dropping price of $10,000.
Bitcoin Macro Tweeted: “You can hate Ethereum as much as you want, but it's going to $10k during the next bull run.”
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…
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…
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.