Ethereum Market Analysis 3rd February 2019


After breaking through the price zone of $115-$120, the sellers stopped at around $100. We wrote about this scenario in the previous weekly analysis. However, if we analyze the nature of the price movement and the enthusiasm of buyers we think that the fall has not ended yet. The week started pretty well. Buyers have […]

New York Sees First Sim Swapping Indictment as DA Says Keep Out

The activity known as “SIM swapping” has been put on notice in New York, following the latest announcement made in an official press release by the Manhattan District Attorney’s Office. SIM swapping is a type of identity theft in which a victim’s cellular information is rerouted to the perpetrator’s SIM card by convincing wireless service providers to […]

Bitcoin is Money Says Florida Judge After Court Ruling

A Florida appeals court has overturned an acquittal that based its original decision on the grounds that Bitcoin was not actually classified as money at the time. The original decision had thrown out charges against Michell Espinoza, who sold bitcoin worth around $1350 to an undercover police detective in 2014, on the grounds that Bitcoin […]

US State of Wyoming: Bill Recognizes Cryptocurrency as Money

The US State of Wyoming has recently thrown more weight behind the existence of cryptocurrency by allowing the class of asset to be treated as financial assets under the existing law, according to a bill passed on Thursday last week. The bill sponsored by Senator Nethercott, Driskill, Perkins and Rothfuss and Representatives Harshman, Lindholm, Loucks, […]

Brit Rail Passengers Earning Crypto Whilst They Travel With New DOVU Project

DOVU, a London-based startup aiming to become the “the global marketplace for transport data,” is to incorporate cryptocurrency earning as part of its latest project. The company has always had strong support since its launch two years ago backed by seed funding from InMotion Ventures, Jaguar Land Rover’s investment arm, and Creative England — a […]

Ethereum 2.0 Nears With Phase-0 Pre-Release Approaching Stable

The flagship dapp platform Ethereum has been undergoing several upgrades to relaunch as Ethereum 2.0, featuring its Constantinople and Serenity upgrade. Developers have been sprinting for months now to scale to the platform’s next and final developmental milestone. Notification of the update was released on GitHub. The Ethereum developers’ community explained how this is the […]