$ETHUSDEthereum Coin Price & Market Data
Ethereum price today is $2,460.16 with a 24-hour trading volume of $27,390,529,371. ETH price is down -5.7% in the last 24 hours. It has a circulating supply of 120 Million ETH coins and a total supply of ∞. If you are looking to buy or sell Ethereum, FTX.US is currently the most active exchange.
What is Ethereum?
Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
What is a Smart Contract?
A smart contract is a programmable contract that allows two counterparties to set conditions of a transaction without needing to trust another third party for the execution.
For example, if Alice wants to set up a trust fund to pay Bob $100 at the start of each month for the next 12 months, she can program a smart contract to:
Check the current date
At the start of each month, send Bob $100 automatically
Repeat until the fund in the smart contract is exhausted
Using a smart contract, Alice has bypassed the need to have a trusted third-party intermediary (lawyers, escrow agents etc) to send the trust fund to Bob and made the process transparent to all involved parties.
Smart contracts work on the “if this, then that” principle. Whenever a certain condition is fulfilled, the smart contract will carry out the operation as programmed.
What are the programming languages that are used to write smart contracts on Ethereum?
There are two popular programming languages that are typically used to write Ethereum smart contracts. The first one is called Solidity which has very close similarities to Javascript and C++. The other language is called Vyper which is relatively new that has very close similarities to Python.
Who created Ethereum?
Unlike bitcoin in which the creator who is known as Satoshi Nakamoto is unknown. The founding team of Ethereum are known individuals which includes Vitalik Buterin, Mihai Alisie, Anthony Di lorio, Charles Hoskinson, Amir Chetrit, Joseph Lubin, Gavin Wood, and Jeffrey Wilke. Not all the founding members are still with the Ethereum Foundation, as some has moved on to work on other projects. For example, Charles Hoskinson has moved on to work on Cardano, while Gavin Wood has moved on to work on Polkadot.
What is Ether?
While Ethereum refers to the blockchain network. The native currency that flows within the Ethereum economy is called Ether (ETH). Ether is typically used to pay for transaction fees called Gas, and it is the base currency of the network.
What is Gas?
On Ethereum, all transactions and smart contract executions require a small fee to be paid. This fee is called Gas. In technical terms, Gas refers to the unit of measure on the amount of computational effort required to execute an operation or a smart contract. The more complex the execution operation is, the more gas is required to fulfill that operation. Gas fees are paid entirely in ETH.
The price of gas can fluctuate from time to time depending on the network demand. If there are more people interacting on the Ethereum blockchain such as transacting in ETH or executing a smart contract operation, due to the limited amount of computing resources on the network, Gas price can increase. Conversely when the network is under utilized, the market price of gas would decrease.
What options are there to store Ether and ERC-20 tokens?
The 3 most popular Ethereum based wallets are Metamask, MyEtherWallet, and MyCrypto. However there are many other options available as well such as Argent, Trust Wallet, and Coinbase Wallet.
I heard that a new version is launching called Ethereum 2.0. What is that about?
Ethereum 2.0 is an upgrade that aims to solve the blockchain trilemma - security, scalability, and decentralization. In alternative smart contract platforms, they are designed to be highly scalable but compromises on decentralization. Whereas a highly secured and decentralized blockchain network would have the trade off being highly unscalable. Ethereum 2.0 brings a very different flavor of design that aims to addresses those issues by way of using Proof-of-Stake (POS), Beacon Chain, Sharding, and Execution Environment. Due to the complexity of the project, the developement will take place in 3 phases. A Proof-of-Stake Beacon Chain have been deployed and users are staking their ETH as a sign of confidence of the upcoming network. Research and development are still in progress to roll out the remaining phases.
Vitalik
$AKITAUSDT entry PT .00000058-.00000061 Epic Parabolic!Akita Inu Coin Price & Market Data
Akita Inu price today is $0.00000133 with a 24-hour trading volume of $5,187,713. AKITA price is up 7.4% in the last 24 hours. It has a circulating supply of 0 AKITA coins and a total supply of 100 Trillion. If you are looking to buy or sell Akita Inu, Uniswap (v2) is currently the most active exchange.
100% decentralized community experiment with it claims that 1/2 the tokens have been sent to Vitalik Buterin and the other half were locked to a Uniswap pool and the keys burned.
ETHEREUM BROKE IT'S TRENDLINEBetter to be careful about Ethereum cause on the weekly timeframe, it broke it's nearly 2yo trendline with a double top and a negative divergence. So if you think about buying I would caution you to wait and see it's reaction to the prior support $2650 and ret fib levels like 0.5 and 0.618 .
Let me know in the comments what you think about it? What levels do you think are important?
See ya...
MATICBTC road ahead TA + FALet's assume a nice rally into the ZK conference and Vitalik talk.
Would take us up to the old ATH in sats (pink line) and roughly channel top.
Then a sell-the-news retrace to the mid-line before recovering and setting up for a nice C & H final moon rally.
Zcash towards $1k by the end of this bull cycleSharing probably one of my worst trades during these past 2 years; trading a small portion of my ETH into ZEC. Still planning on holding my position regardless.
This should turn around sometime (or maybe it’s just hopium). Even if it does not, the risk/reward ratio is favorable for those willing to risk even more of an inflation effect to their ETH stack. I still think the upward movement will be explosive as soon as the market remembers or acknowledges the intrinsic value in ZEC. The technology is there. The team as well. It only needs a push.
Since the COVID March 2020 crash, the ZEC/USD pair has been consistently holding an ascending trend, establishing higher lows. I currently have a target of $1,100 for the end of this cycle at one of the local 3.618 extensions. If market proves to be overly bullish it can go all the way towards the longer macro 3.618 extension at the low $3,000s. A $1,100 target price would definitely rhyme with Bitcoin's rise during the 2013 cycle at which time it also had a similar circulation to what ZEC has today, around 11-13 million. It should be noted that Zcash's minting emission rate is exponentially higher than that of Bitcoin's. Zcash should see its last coin mined by the early 2040s.
I'm still betting on privacy being a crucial element in crypto. If its value is not meant to be realized now during this meme cramped cycle, the odds are ever more increasing for it to be reached in the next one.
What does Zcash has in favor then? 1) Both Ethereum and Filecoin developers have been working on integrating zk-SNARKS. 2) Vitalik has been a big proponent and admirer of Zcash since its inception. 3) Grayscale Investments has also a Zcash exclusive fund. 4) The utility of Zcash moves across multiple industries and goes beyond blockchain and tech; manufacturing, health, education, etc.
It seems like ZEC is in need of a champion. A company like Apple comes to mind. It's either t hat or it will probably keep fading away into a etherless void. While the market chooses memes, even with its share of controversies regarding its launch and founders reward, I choose Zcash long term. It's fundamentally smart and sound.
*Currently planning on holding a Zcash position at least until the end of November.
ETH/USDT Ethereum is ready for 5k. Breakout imminent- Ethereum still holds the biggest ecosystem and has running smart contracts for a long time.
This headstart led to a big market dominance compared to its competitors like Cardano , Solana, Cosmos, etc.
- The main issue is the scalability and therefore the transaction fees which are way to high at this stage.
- Ethereum still is the first choice after Bitcoin for big investors and remains attractive.
- SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned.
- 2 billion worth of Ethereum burned since August.
Daily chart:
- Price currently breaks the last resistance before we find ourselves back in price discovery.
- Volume keeps decreasing and can be considered the calm before the storm when finally new ATH's are printed.
- RSI analysis shows that we are in an uptrend and consolidating. Nowhere near the 80 line yet and therefore still much room to grow.
- Support lines are at 3950$, 2850$, 1750$ and 1350$.
- Resistance is seen within the region 4100-4300$. Afterwards clear sky is ahead.
Expectation:
- We expect that Ethereum breaks free any moment and 5k$ is reached within the next 4 weeks without any problems.
- Once we print new ATH's and price starts moving FOMO begins and we can enjoy the ride.
- More and more people get heavily into Bitcoin and start pondering about their next investment. Taking Ethereum as next seems very likely.
- End of the year prediction: We will see a 10k$+ Ethereum before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
HTF LONG - 0.6969 ETHBTC coming at yaCombination of fractal behavior and 3 years of consolidation is about to send Russia to the moon. Let's aim for that top trend line resistance. I know what the drawing says, but 0.6969 or 0.69420 ETHBTC is about where we should end the run.
Next major correction... late July after a DeFi summer. Perhaps a sell the news event when EIP1559 comes out? Maybe the market sells on Ethlon Musk buying into $ETH after PoS, expecting him to talk shit about it a week later on Twitter. Can we rule anything out at this point?
Following this as my guide until there's a major deviation.
Eth - look for higher lowEth - look for higher low on the daily timeframe. It broke above 2277 resistance and now look for entry on a higher low, maybe around 2241. Its a long weekend, so very little volume. PT - .618 Fib level $2400, PT2 2800. Future catalysts - Elon musk and Jack dorsey will talk at a Bitcoin conference July 21, hosted by ARK investments. Hope you are having a great July 4th long weekend!!!!
ETHUSDT Higher again or SHS towards 3000?Hello,
the overall market situation certainly does not help, although the bulls are trying to defend 4,000.
Intraday (4h) possible RGR
2 possible approaches:
1st sale the rallies towards the area 4120/4200
2. wait for a test of 3700 (neckline?) And only selling rallies back towards 4100/4200
In both cases, the stop is above the highs
Target around 3000, but watch out for another possible neckline defense
Good luck
DOGELONDOGELON is one of the 'dog coins' that has seen a big selloff recently. Do you think it will be able to bounce back?