Ethereum Gold (ETG) Trading Down 11.3% This Week

Ethereum Gold (ETG) Trading Down 11.3% This Week

Ethereum Gold logoEthereum Gold (CURRENCY:ETG) traded down 5% against the U.S. dollar during the 1 day period ending at 12:00 PM E.T. on July 5th. One Ethereum Gold token can now be bought for approximately $0.0157 or 0.00000174 BTC on popular exchanges including Stocks.Exchange and CoinExchange. Ethereum Gold has a total market capitalization of $318,103.69 and $5,259.00 worth of Ethereum Gold was traded on exchanges in the last day. During the last week, Ethereum Gold has traded 11.3% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

  • Tether (USDT) traded up 0.2% against the dollar and now trades at $1.00 or 0.00011075 BTC.
  • XRP (XRP) traded 0.8% lower against the dollar and now trades at $0.18 or 0.00001948 BTC.
  • Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $153.49 or 0.01697107 BTC.
  • Binance Coin (BNB) traded 0.1% higher against the dollar and now trades at $15.41 or 0.00170387 BTC.
  • InnovativeBioresearchClassic (INNBCL) traded 20.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Chainlink (LINK) traded 1.7% lower against the dollar and now trades at $4.70 or 0.00051922 BTC.
  • Stellar (XLM) traded 1.2% lower against the dollar and now trades at $0.0666 or 0.00000737 BTC.
  • TRON (TRX) traded down 0.7% against the dollar and now trades at $0.0166 or 0.00000184 BTC.
  • VeChain (VET) traded up 21.8% against the dollar and now trades at $0.0142 or 0.00000157 BTC.
  • Neo (NEO) traded 0.5% lower against the dollar and now trades at $9.83 or 0.00108653 BTC.
  • Ethereum Gold Profile

    Ethereum Gold’s genesis date was October 13th, 2017. Ethereum Gold’s total supply is 24,000,000 tokens and its circulating supply is 20,199,973 tokens. Ethereum Gold’s official message board is medium.com/@amandaETG. Ethereum Gold’s official Twitter account is @ethereumgoldetg and its Facebook page is accessible here. The official website for Ethereum Gold is www.ethereumgold.info. The Reddit community for Ethereum Gold is /r/ethereum and the currency’s Github account can be viewed here.

    Ethereum Gold Token Trading

    Ethereum Gold can be traded on these cryptocurrency exchanges: CoinExchange and Stocks.Exchange. It is usually not presently possible to buy alternative cryptocurrencies such as Ethereum Gold directly using U.S. dollars. Investors seeking to acquire Ethereum Gold should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Gold using one of the exchanges listed above.

    Receive News & Updates for Ethereum Gold Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Ethereum Gold and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

    Source: www.themarketsdaily.com

    Author: Michael Walen


    Ethereum Smashes Crucial Hurdle And It Could Rally To $250 | NewsBTC

    Ethereum Smashes Crucial Hurdle And It Could Rally To $250 | NewsBTC

    Ethereum formed a strong support base above the $224 level against the US Dollar. ETH is up over 3% and it broke the key $230 and $232 resistance levels.

  • Ethereum is gaining bullish momentum above the $230 pivot and the 100 hourly simple moving average.
  • The price is up more than 3% and it even tested the $235 resistance level.
  • There was a break above a major bearish trend line with resistance near $230 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair is showing positive signs and it seems like it could continue to rise towards $240 and $250.
  • In the past few days, Ethereum price formed a strong support base above $224 against the US Dollar. ETH price started a fresh increase and surpassed a couple of important hurdlers near $228 and $230.

    The bulls gained strength, resulting in a steady rise above the $230 resistance the 100 hourly simple moving average. More importantly, there was a break above a major bearish trend line with resistance near $230 on the hourly chart of ETH/USD.

    The pair even climbed above the $232 resistance and tested the $235 region. It is currently correcting lower and trading near the 23.6% Fib retracement level of the recent upward move from the $223 swing low to $235 high.

    Ethereum Price

    Ethereum price rallies 3%. Source: TradingView.com

    On the downside, the first major support is near the $230 level (the recent breakout zone) and the trend line. It is close to the 50% Fib retracement level of the recent upward move from the $223 swing low to $235 high.

    Once the current correction wave is complete, there are chances of another increase above the $235 resistance zone. In the mentioned case, ether price might continue to rise towards the $245 and $250 resistance levels in the coming sessions.

    If Ethereum fails to remain stable above the $230 support, there is a risk of a false upside break. A bearish close below the $230 support might spark a fresh decline.

    The next major support is near the $224 level, below which the bears are likely to eye a sustained downward move.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is currently well near the overbought zone.

    Major Support Level – $230

    Major Resistance Level – $235

    Take advantage of the trading opportunities with Plus500

    Risk disclaimer: 76.4% of retail CFD accounts lose money.

    Source: www.americancryptoassociation.com


    $300B Worth of Food Will Be Traced Using Blockchain and IoT by 2027

    $300B Worth of Food Will Be Traced Using Blockchain and IoT by 2027

    Blockchain technology and the Internet of Things (IoT) can solve some of the food industry’s most pressing challenges and save it $100 billion a year, according to a recent report by Cointelegraph Consulting and VeChain.

    The report forecasts that $300 billion worth of food items will be traced along the supply chain annually within seven years.

    The lack of transparency and accountability in the global food industry’s supply chain costs billions of dollars annually. To take one example, it’s believed that as much as 20% of global wine sales are counterfeit, worth $6 billion. And things get even fishier when it comes to the seafood industry, “25 – 70% of red snapper, wild salmon, and Atlantic cod are disguised by species that are less desirable, cheaper or more readily available.”

    Arseniy Dain, CEO of Cointelegraph Consulting, noted, “Food safety has been one of the billion dollar challenges that people struggled for decades to solve.”

    Tracing items along the food supply chain using blockchain is one of the better explored use cases for the technology, with IBM leading the way as a service provider, and many global industry leaders like Walmart, Carrefour, and California Giant Berry Farms, joining the party.

    The Potential Improvement For Food Industry Supply Chain

    Blockchain and IoT are often used in tandem as additional benefits may be achieved by connecting the two. IoT sensors — for example temperature sensors for frozen items — can send accurate information about food items to the blockchain network, providing stakeholders with a snapshot of the entire supply chain. 

    This data can be used to assure a food’s genuineness, freshness and overall quality. The report contends that this combination of technologies can help the industry save billions of dollars.

    It states, “We estimate IoT+blockchain-based solutions can reduce annual costs by $70 billion for the food industry globally and create up to $47 billion in revenue enhancement. In addition, we expect solutions to reduce potential losses due to food safety risks by $12 billion to $14 billion.”

    What cryptocurrency will become the main one in a year?
    BitcoinEthereum

    VeChain CEO Sunny Lu said, “From our experience in international food trades and large-scale traceability platforms, the introduction of blockchain technology to the food value chain applies a long-term benefits scheme into the entire business model.”

    The report also explores several well-known use cases of blockchain technology in the food industry.  

    Cointelegraph Consulting and VeChain are commercial partners.

    Source: otcpm24.com

    Author: News Bureau


    Week in Ethereum News July 5, 2020 – Bitcoin Isle

    Week in Ethereum News July 5, 2020 – Bitcoin Isle

    Click here to view original web page at weekinethereumnews.com

    Eth News and Links

    Eth1

    • Nethermind v1.8.60 memory usage during sync reduced 70%
    • Ethereum without block limits
    • Igor Mandrigin explains the ReGenesis proposal for curbing state growth with transaction witnesses
    • a proposed binary trie format – no more RLP?

    Eth2

    • Altona multiclient testnet launched almost a week ago with Lighthouse, Nimbus, Prysmatic and Teku clients and (so far) is stable. One more testnet after Altona until launch.
    • Step by step guide to run an Altona validator on Raspberry Pi4B 8 GB
    • Prysmatic client update
    • Weak subjectivity in eth2
    • Deanonymization using time sync
    • Public single leader election with secret probabilistic backup

    Layer2

    • IvanOnTech rollups explainer
    • Brick async payment channels implemented in Solidity (revised arxiv paper)

    Celer is a coherent layer-2 scaling platform on Ethereum powered by Generalized State Channel Network and Hybrid Rollup technology. Real money games, such as Arcade Win and Daub Cash, built using Celer’s gaming-focused SDK just reached top #10 ranking in App Store. You can easily set up and join Celer’s growing layer-2 State Channel Network to support Ethereum’s layer-2 scalability. Follow us on twitter, blog, discord and telegram.

    Stuff for developers

    • Gelato automation protocol is live on mainnet, an IFTTT-like way to automate Eth contract execution
    • Hack on eth2+libp2p at HackFS
    • buidler deploy. Buidler plugin to deploy contracts to any network with same testing environment
    • seth now lets you step through the transaction in debugging
    • Debugging your transaction with Tenderly
    • A simple ABI decoder
    • Build Ethereum apps on Python with EthVigil SDK
    • Vyper v0.2 – breaking changes release
    • State machines in Solidity
    • Class features provided by Solidity
    • 1inch writeup of Balancer deflationary’s token issue which BalancerLabs chose to cover for affected users

    Ecosystem

    • Transaction fees on Ethereum in first half of 2020 (44m) exceed 2019 (34m)
    • the plan for Waku v2 private p2p messaging
    • Austin Griffith’s xmoon exchange: get your Reddit MOONs onto mainnet
    • Quadratic matching with MACI (anti-collusion) explainer
    • MetaMask v8 – better privacy, better onboarding, erc1193 provider api

    DAOs and Standards

    • ERC2767: Contract Ownership Governance
    • Democracy Earth is now a DAO explorer, starting with Moloch v1 and proof of personhood score
    • TornadoCash forming a Moloch DAO with OpenLaw

    Application layer

    • Synthetix launches binary options
    • 0x’s Matcha dex aggregator is live with a focus on non-hardcore traders
    • MCDex launches 10x ETH perpetual with the funding rate coming from the automated market maker
    • It’s now easier to host on IPFS the latest Uniswap frontend
    • MakerDAO is exploring Peg Stabilization Modules, ie stablecoin to stablecoin trading
    • Augur v2 launches July 28
    • dxDao launches Omen prediction markets using Realit.IO and Kleros as oracles and available atomen.eth or omen.eth.link

    Tokens/Business/Regulation

    • USDC hit 1 billion in circulation on Eth
    • A new Flippening tracker
    • Common Stack’s trusted seed token

    General

    • Swarm released Bee client v0.1 and announced a future token sale
    • Staking is now live on Matic Network
    • Skale sidechains launches with POA and no transfers
    • Attacking less than 85 Lightning Network channels will result in a successful attack
    • Harry Denley rescued a victim’s 5k from a fake TrustWallet app in the GooglePlay store by DOSing the Telegram API

    Job Listings

    • GridPlus is hiring US remote firmware engineers.
    • Donut is looking for a CTO to bring DeFi to the masses. Interested?
    • 0x is hiring full-stack, back-end, front-end engineers + 1 data scientist
    • Trail of Bits is looking for masters of low-level security. Apply here.
    • Celer Network: Android developer
    • Chainlink: Senior Software Engineer and Lead Test Engineer

    Want your job listing here? $250 per line (~75 character limit including spaces), payable in ETH/DAI/USDC to evan.ethereum.eth. Questions? thecryptonewspodcast at-gmail

    Housekeeping

    Follow me on Twitter @evan_van_ness to get most of the newsletter as it happens.

    Permalink: https://weekinethereumnews.com/week-in-ethereum-news-july-5-2020/

    Dates of Note

    Upcoming dates of note (new/changes in bold):

    • July 6-Aug 6 – HackFS Filecoin/IPFS and Ethereum hackathon
    • July 10 – next core dev call
    • July 10 – eth2 research team Reddit AMA
    • July 20 – Fork the World MetaCartel hackathon
    • July 28 – Augur v2 launch
    • July 30 – EEA’s Ethereum in the Enterprise 2020 virtual conference
    • Aug 2 – ENS grace period begins to end
    • Oct 2-Oct 30 – EthOnline hackathon

    Eth1 Nethermind v1.8.60 memory usage during sync reduced 70%

    Source: www.bitcoinisle.com


    Week in Ethereum News <BR> July 5, 2020″ title=”Week in Ethereum News <BR> July 5, 2020″ style=”width:697px” /></p>
<h1><span id=Week in Ethereum News
    July 5, 2020

    Eth1

    • Nethermind v1.8.60 memory usage during sync reduced 70%
    • Ethereum without block limits
    • Igor Mandrigin explains the ReGenesis proposal for curbing state growth with transaction witnesses
    • a proposed binary trie format – no more RLP?

    Eth2

    • Altona multiclient testnet launched almost a week ago with Lighthouse, Nimbus, Prysmatic and Teku clients and (so far) is stable. One more testnet after Altona until launch.
    • Step by step guide to run an Altona validator on Raspberry Pi4B 8 GB
    • Prysmatic client update
    • Weak subjectivity in eth2
    • Deanonymization using time sync
    • Public single leader election with secret probabilistic backup

    Layer2

    • IvanOnTech rollups explainer
    • Brick async payment channels implemented in Solidity (revised arxiv paper)

    Celer is a coherent layer-2 scaling platform on Ethereum powered by Generalized State Channel Network and Hybrid Rollup technology. Real money games, such as Arcade Win and Daub Cash, built using Celer’s gaming-focused SDK just reached top #10 ranking in App Store. You can easily set up and join Celer’s growing layer-2 State Channel Network to support Ethereum’s layer-2 scalability. Follow us on twitter, blog, discord and telegram.

    Stuff for developers

    • Gelato automation protocol is live on mainnet, an IFTTT-like way to automate Eth contract execution
    • Hack on eth2+libp2p at HackFS
    • buidler deploy. Buidler plugin to deploy contracts to any network with same testing environment
    • seth now lets you step through the transaction in debugging
    • Debugging your transaction with Tenderly
    • A simple ABI decoder
    • Build Ethereum apps on Python with EthVigil SDK
    • Vyper v0.2 – breaking changes release
    • State machines in Solidity
    • Class features provided by Solidity
    • 1inch writeup of Balancer deflationary’s token issue which BalancerLabs chose to cover for affected users

    Ecosystem

    • Transaction fees on Ethereum in first half of 2020 (44m) exceed 2019 (34m)
    • the plan for Waku v2 private p2p messaging
    • Austin Griffith’s xmoon exchange: get your Reddit MOONs onto mainnet
    • Quadratic matching with MACI (anti-collusion) explainer
    • MetaMask v8 – better privacy, better onboarding, erc1193 provider api

    DAOs and Standards

    • ERC2767: Contract Ownership Governance
    • Democracy Earth is now a DAO explorer, starting with Moloch v1 and proof of personhood score
    • TornadoCash forming a Moloch DAO with OpenLaw
    • KyberDAO goes live July 7

    Application layer

    • Synthetix launches binary options
    • 0x’s Matcha dex aggregator is live with a focus on non-hardcore traders
    • MCDex launches 10x ETH perpetual with the funding rate coming from the automated market maker
    • It’s now easier to host on IPFS the latest Uniswap frontend
    • MakerDAO is exploring Peg Stabilization Modules, ie stablecoin to stablecoin trading
    • Augur v2 launches July 28
    • dxDao launches Omen prediction markets using Realit.IO and Kleros as oracles and available atomen.eth or omen.eth.link

    Tokens/Business/Regulation

    • USDC hit 1 billion in circulation on Eth
    • A new Flippening tracker
    • Common Stack’s trusted seed token

    General

    • Swarm released Bee client v0.1 and announced a future token sale
    • Staking is now live on Matic Network
    • Skale sidechains launches with POA and no transfers
    • Attacking less than 85 Lightning Network channels will result in a successful attack
    • Harry Denley rescued a victim’s 5k from a fake TrustWallet app in the GooglePlay store by DOSing the Telegram API
    • GridPlus is hiring US remote firmware engineers.
    • Donut is looking for a CTO to bring DeFi to the masses. Interested?
    • 0x is hiring full-stack, back-end, front-end engineers + 1 data scientist
    • Trail of Bits is looking for masters of low-level security. Apply here.
    • Celer Network: Android developer
    • Chainlink: Senior Software Engineer and Lead Test Engineer

    Want your job listing here? $250 per line (~75 character limit including spaces), payable in ETH/DAI/USDC to evan.ethereum.eth. Questions? thecryptonewspodcast at-gmail

    Follow me on Twitter @evan_van_ness to get most of the newsletter as it happens.

    Permalink: https://weekinethereumnews.com/week-in-ethereum-news-july-5-2020/

    Upcoming dates of note (new/changes in bold):

    • July 6-Aug 6 – HackFS Filecoin/IPFS and Ethereum hackathon
    • July 10 – next core dev call
    • July 10 – eth2 research team Reddit AMA
    • July 20 – Fork the World MetaCartel hackathon
    • July 28 – Augur v2 launch
    • July 30 – EEA’s Ethereum in the Enterprise 2020 virtual conference
    • Aug 2 – ENS grace period begins to end
    • Oct 2-Oct 30 – EthOnline hackathon

    Source: weekinethereumnews.com


    Is India About to Become a Major BTC Haven?

    Is India About to Become a Major BTC Haven?

    Crypto enthusiasts everywhere believe that bitcoin is about to explode in countries like India.

    Recently, the nation’s Supreme Court deemed bitcoin trading lawful and felt that the ban preventing banks and financial firms from doing business with or representing crypto ventures was unconstitutional. That ban has since been removed, and trading in India has jumped to new highs.

    As a result, many think the country that was once very anti-crypto is about to put digital assets on the map in an entirely new way. Cryptocurrency exchanges like Binance – the world’s largest trading platform by daily volume – have since joined the Internet and Mobile Association of India (IAMAI), which has ultimately helped in removing the ban from India.

    In addition, the exchange overtook control of a trading platform known as WazirX. A representative of the company has stated that since May of this year, new signups have increased by more than 150 percent, which have since contributed to a 66 percent surge in crypto trading.

    They explained:

    The Supreme Court’s positive verdict has surely helped in creating positivity around crypto in India.

    Aside from standard trading and crypto business ventures, regulators are now introducing the idea of a digital rupee. The rupee is the country’s national form of fiat currency, and the digitization of the currency could potentially push the nation forward as a leading blockchain innovator.

    It would also place it along the same lines as China, which has seemingly introduced its new digital yuan to several American businesses such as Starbucks and Subway for testing purposes. India’s addition of a digital rupee could potentially make it a serious competitor to that nation’s economy.

    Many crypto entrepreneurs believe India has a lot to offer and are taking it upon themselves to expand the nation’s crypto abilities. Pavel Matveev of Wirex Ltd. in London, for example, explained in an interview:

    Last November, we launched our product in eight countries across Southeast Asia, and we are hoping to launch in India this summer. The United Kingdom, for example, has a huge remittance flow from the UK to India… [Indian demand for crypto] may be exhilarated by the COVID-19 situation.

    Sandeep Nailwal of the Matic Network offers similar sentiment. He says that there’s been an upsurge in remittance payments for Indian workers and that the nation has become one of the leading users of dapps (decentralized applications). He states:

    Especially with crypto, people are able to play games and earn money out of it. Real money games are becoming more popular. We’re seeing a lot of applications [rely on us] because Ethereum is completely choked up.

    He says that with so many tech workers in India, the country can potentially help to elevate the presence and use of such applications.

    Tags: bitcoin, dapps, india

    Source: otcpm24.com

    Author: News Bureau


    Ethereum Gold (ETG) Trading Down 11.3% This Week


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