Category Archive : E

“I cried myself to sleep,” the genius invented Ethereum because they set his WoW character on fire

Editorial: the games / Facebook social networking site / Twitter / Youtube / Instagram / News / discord / Forums / cable

The blockchain world has given a lot to talk about in recent months. From the promises of the technological revolution, to the fear of its potential environmental impact, they have dominated the debate on this topic. Whatever your situation, you can’t deny that it’s an interesting topic, so you’ve definitely wondered about the origins of some cryptocurrencies. It is strange that Ethereum, the currency that is the basis of NFTs, is in the world of cans.

The thing is, Vitálik Buterin, a Russian programmer best known for being the co-founder of Ethereum and considered a genius in the crypto world, invented Ethereum in response to something Blizzard did. He himself admitted it in the mini-biography he wrote for his profile About Me.

But what the hell happened? What happens is that for more than 3 years he has been an avid player world of cansBut something damaged his relationship with Blizzard. It just so happened that one day they cast a spell on his witch which made him realize how terrible Central Services were.

“I played World of Warcraft happily between 2007 and 2010, but one day Blizzard removed the damage element from the Suck Life spell from my dear Warlock. I cried until I fell asleep and one day realized the horror that decentralized services can create. I quickly decided to quit,” Buterin Books.

Of course, that wasn’t the only factor that pushed him into programming Ethereum. We say that because he was also influenced by the discovery of Bitcoin in 2011 and devoted more than 30 hours a week to various projects related to the cryptocurrency world. There’s also the fact that he felt that many people in this world were concerned that certain apps weren’t generic enough. The latter was the final nail that drove the development of Ethereum.

What do you think of this new? Is there something in the gaming world that inspired you to create something that would make a difference in your life?

Continued this link To see more news related to the world of cryptocurrency. Secondly, Here You’ll find all our coverage of World of Warcraft.

Related video: What are NFTs and why is everyone losing their minds because of them?

Source

Read more at www.benzinga.com

Last Chance for a Low-Risk Buying Opportunity Should Be Around the Corner

Two weeks ago, see here, when Ethereum (ETH) was trading at $3580s, I anticipated using the Elliott Wave Principle (EWP) that “as long as ETH can stay above … $3173 over the next few days, it should ideally top out around $4000 +/- 200. Then (red) intermediate wave-ii should take hold for several days before the heart of the third wave kicks in: (red) wave-iii. The wave-ii will essentially be the last good time to “load up the boat,” “back up the truck,” etc., as buyers will step in quicker than you can say lift-off.

Fast forward, and ETH topped at $3968 on October 15. Thus, so far, so good. Figure 1 below shows the updated EWP count since last, with the completion of (green) minor wave-3 and wave-4 as anticipated, followed by a nice subdividing (green) minor wave-5. Thus, the expected five waves higher from the September lows look as complete as can be. ETH should now be in (red) intermediate wave-ii, to ideally around $3350 +/- 50 before (red) wave-iii of (black) major-3 of (blue) primary-V kicks in and carries the cryptocurrency to ~$7500.

Figure 1. ETH daily chart with EWP count and technical indicators.

The fractal with 2017 continues to play out and projects short-term weakness followed by strength.

How can I be so assured ETH will pull back and then rally. The answer lies in the fact that financial markets are fractal, and cryptocurrencies are no different. And the EWP tracks just that: the repetitive nature of price’s advance through five waves up and three waves down.

To illustrate, Figure 2 below shows a comparison between the price action of April through November of 2017 vs. the current price action since February this year. As you can see, the resemblance is striking, with tops and bottoms very well aligned.

Figure 1. ETH daily charts. Comparison between 2017 and 2021

A similar pattern has emerged now. That is no surprise as my Premium Crypto Trading Members know I have an EWP count showing ETH topped for a Primary III wave in June 2017, bottomed for a Primary IV wave in July, completed Major-1 in August, and finished intermediate wave-i in October 2017. All of Primary V was completed in January 2018.

Compare that to the EWP count shown in Figure-1, and we have the exact wave count and degree. Hence, the chart patterns between now and then are similar. Thus, it is logical to assume ETH will soon be in a similarly massive multi-month bull run before a very long and deep correction (Cycle-4) starts.

Bottom line: Two weeks…

Read more at www.fxempire.com

Two Ethereum-Powered Altcoins Ignite Rallies After Surprise Coinbase Listing

Two altcoins are on the move after receiving sudden support from Coinbase, the top crypto exchange in the US.

In a new announcement, Coinbase revealed that it would support trading for ARPA Chain (ARPA), Bounce (AUCTION), and Perpetual Protocol (PERP) at 9 am Pacific Standard Time on Tuesday. All three cryptos are Ethereum tokens.

 

While PERP has remained relatively unfazed by the new announcement, both ARPA and AUCTION have ignited considerable rallies. At time of writing, ARPA is up over 50% since the support announcement, and 80% over the last week, according to CoinGecko.

AUCTION spiked 27% from the $33 range to nearly $42 before consolidating. At time of writing it’s trading at $38.58, up 13% on the day as per CoinGecko.

ARPA Chain is a layer-2 computation network that aims to enable privacy-preserving smart contracts, data storage, and scalable off-chain transactions. According to Binance, its use cases include credit anti-fraud, secure data wallets, precision marketing, joint AI model training, and key management systems.

Bounce is a decentralized auction protocol for tokens and non-fungible token (NFT) sales.

Coinbase explains,

“AUCTION supports incentives on the protocol, provides benefits and governance rights for holders, and is used to pay for certified listings.”

Perpetual Protocol is a decentralized platform for opening leveraged trading positions in fiat currencies, cryptocurrencies or commodities without the need for counterparties. PERP powers the platform as a governance token, and can also be staked. At time of writing, PERP is down 4% in the last 24 hours, but is up over 1300% over the last year.

Last week, Coinbase listed NFT marketplace Rarible (RARI) and BadgerDao (BADGER), which aims to tokenize Bitcoin (BTC) for use on decentralized finance (DeFi) protocols. Both soared in price after the announcement.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets,…

Read more at dailyhodl.com

$150k Bitcoin by January? Last resistance is breached, Ethereum to hit $20k next – Florian Grummes


(Kitco News) – The recent bullish momentum for Bitcoin is likely to be sustained because key technical levels have been breached, and the fear from China’s tightening regulation has largely dissipated, said Florian Grummes, managing director of Midas Touch Consulting.

“We have a good chance to see $100k by the end of the year, maybe even higher. Of course, that would spark an altcoin season again. If Bitcoin really continues to run, I would say that the $60k $65k level is the last resistance of the bears. If there is nothing coming for them, then Bitcoin is off to the races and it could be $100k or even higher, $150k is possible towards January,” he said.

For more information on Solana and the altcoins market, watch the video above.


Follow Kitco News on Twitter: @KitcoNewsNOW.

Follow David Lin on Twitter: @davidlin_TV.




Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Read more at www.kitco.com

Ethereum (ETH) Readies for Another Attempt at Moving Above $4,000

While Ethereum (ETH) has increased considerably in the month of October, it has yet to move above the September highs at $4,027.

It is currently attempting to find support above $3,650, after which an upward movement is expected, which would take ETH above its Sept highs.

Current movement

The daily chart shows that ETH has broken out above the $3,650 area, which had previously been acting as resistance since Sept 12. It did so on Oct 14 (green icon). 

The breakout led to a high of $3,971 three days later. However, the ensuing rejection served to validate the $3,970 area as resistance. ETH is now trading between these two levels. 

Despite the rejection, technical indicators provide a bullish outlook. The MACD, which is created by a short- and long-term moving average (MA) is increasing and is in positive territory. This means that the short-term trend is faster than the long-term one. 

The RSI, which is a momentum indicator, is showing a reading higher than 50. This is a sign of a bullish trend. It first moved above 50 on Oct 1, at the same time that the upward movement began. 

Finally, the Supertrend, which uses volatility in order to determine trend, is also bullish (green icon). The ETH price moved above the Supertrend line on Oct 14, the same day it broke out above the $3,650 resistance area. Therefore, it made the line bullish. 

So, the daily time-frame provides a bullish outlook for ETH and suggests that a breakout will eventually occur.

Chart By TradingView

Wave count

Cryptocurrency trader @Altstreetbet outlined a wave count in which ETH reaches $4,000 in the short-term.

Source: Twitter

The wave count shows that ETH is currently in wave four of a bullish impulse. A bullish impulse is created by five waves, so this means that another upward movement is expected. 

In the current one, wave three has extended, so it is considerably larger than wave one and most likely wave five. 

Wave four could end at the $3,650 support area, since it also coincides with the resistance line of a parallel ascending channel from which ETH previously broke out. The line is now expected to act as support, thus providing a confluence of support levels at $3,650.

The more bearish scenario would take ETH to $3,350, completing a fourth wave pullback in the process. The $3,350 target is created by the 0.5 Fib retracement support level and the middle of the parallel channel.

Chart By TradingView

The longer-term wave count (orange) shows that ETH has…

Read more at beincrypto.com

Join the Community