ProfWigSlipper (OP)
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May 17, 2020, 09:11:40 PM Merited by TimeTeller (1) |
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Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, TD Ameritrade-backed ErisX obtained a digital currency license from financial regulators in New York.... https://cointelegraph.com/news/time-for-eth-to-rise-and-shine-as-futures-trading-now-available-in-usThe future looks really bright for ETH? Do people use it for a wide variety of projects, now that the ICO fad has faded?
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bigcash2011
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May 17, 2020, 10:56:17 PM |
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Ethereum is solid both fundamentally and technically, it is the most used and transacted blockchain network till now and future prospects are huge, with such news and events it will not be difficult for eth to make new highs in coming months, technically as well eth is on spot and ready for big green candles.
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TimeTeller
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May 17, 2020, 11:06:34 PM |
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Ethereum is solid both fundamentally and technically, it is the most used and transacted blockchain network till now and future prospects are huge, with such news and events it will not be difficult for eth to make new highs in coming months, technically as well eth is on spot and ready for big green candles.
I totally agree with this. Eth is one of the projects here that I can say has rock solid foundation. This progress will again make eth as a sought after cryptocurrency. Even without Eth 2.0, they are making waves in the market. Indeed, this is one to watch out for in the coming months or years, and may give good returns to the holders.
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gundala
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May 17, 2020, 11:38:50 PM |
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Ethereum is solid both fundamentally and technically, it is the most used and transacted blockchain network till now and future prospects are huge, with such news and events it will not be difficult for eth to make new highs in coming months, technically as well eth is on spot and ready for big green candles.
Moreover, there are interesting events from ETH in July, Proof-of-Stake. This will automatically attract market attention. As we know that the ETH network is most widely used to develop projects, its popularity is very supportive of project development. A promising investment.
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makishart
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May 18, 2020, 06:04:50 AM |
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The futures trade that already available in US is an interesting news but that is not yet bring ethereum the best impact and im waiting for another event like reddit will use ethereum as a tipping coin and that means ethereum will be used by reddit users and there are so many reddit users in the world.
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bgaf
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May 18, 2020, 06:21:09 AM |
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With their upcoming migration to POS everybody anticipate a price hike for eth. I dont know but the validators requirement is 32 coin and thats really high. I myself holding some eth to join staking but I wonder if the profit is really worth it. Not all staking coins are worth it but this decision by eth to change mechanism could really be interesting for some investors and crypto enthusiasts. The futures trade that already available in US is an interesting news but that is not yet bring ethereum the best impact and im waiting for another event like reddit will use ethereum as a tipping coin and that means ethereum will be used by reddit users and there are so many reddit users in the world.
This is a big break for ethereum as reddit is one of the famous social platform. This will help their network gain more trust users.
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Farma
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May 18, 2020, 06:28:16 AM |
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I am one of those who believe in the development of ethereum will be better than other altcoins. It is possible that the current price increase is due to this news, but that is still unknown. Even without Eth 2.0, they are making waves in the market.
I also believe this, it's just that ethereum 2.0 support will make ethereum prices better and chances are that ethereum will have a brighter future than we think. Well, at the moment we can only see the current development of Ethereum.
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batang_bitcoin
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May 18, 2020, 07:00:36 AM |
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I hold ETH and believing in its development. And this kind of development can really bring more cash flow to ethereum. I remember it when bitcoin got its futures. That was the 2017 and the known all-time-high came on it. I'm not saying that the same ath could come but this is just the first step and every single adoption and development that Ethereum can bring to crypto community is totally beneficial for everyone who's believing in it.
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Rent this sig space so that BTC goes to $100k.
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michellee
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May 18, 2020, 08:52:31 AM |
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Ethereum, as one of the big coin at the crypto, have the opportunity to rise high. And if there is an exchange available in the US, I think that can bring many people who will join in the crypto world as many of us still not go somewhere. That person will have their time to learn about crypto, and I think that can help them to earn money from crypto. With the new exchange available, that can give new hope for the crypto, especially for the ethereum to raise the price to the high price.
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bartolo
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May 18, 2020, 10:45:44 AM |
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When Bitcoin futures trading started in the U.S., the price dumped hard, so, don't take for granted that the ETH price will rise when the futures trading starts. It's also true that the ETH price is not high right now, as it was the Bitcoin price then, but be careful anyway.
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sheenshane
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May 18, 2020, 11:21:42 AM |
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Upon upgrading the Ethereum coin into V2.0, I believed this coin has potential growth in the future, and now it is available in the US as future trading this is a good start for Ethereum to shine and make price become to rally. Ethereum 2.0 Staking Upgrade Can Trigger ETH Price Rally. I know that this coin is vastly different from other cryptocurrencies even Bitcoin. The uniqueness of Ethereum Blockchain protocol for smart contracts and this unique structure was able to get interested from investors to trust Ethereum and I think this is the great improvement for Ethereum.
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Ridwan Fauzi
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May 18, 2020, 01:26:26 PM |
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I know this information and I have read it a few days ago, it should be a piece of good information for ETH holder and for the movement ETH price as well. As we know, ETH is the best altcoin so far and it has proven to its position based on marketcap where before halving event for bitcoin price came its price has risen for almost 13%, it was a good move.
But as a reference, we have got this information as well but it was for bitcoin. A year ago there is a futures exchange namely Bakkt who accept bitcoin the being listed on its platform but at that time there was no significant increase for its price whilst this information was really waited by most crypto users. I don't know the reason behind it. Hopefully, this will not happen to ETH and this information can take ETH price increase and touch its all-time high again.
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Pffrt
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May 18, 2020, 02:18:19 PM |
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Although ETH is 2nd largest cryptocurrency according to marketcap, I think the use of ETH is very low at the moment while back in 2017, it was too high. However, I don't think there will be a significant hype in ETH proce due to its being available in future trading.
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ProfWigSlipper (OP)
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May 18, 2020, 02:31:42 PM |
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... The future looks really bright for ETH? Do people use it for a wide variety of projects, now that the ICO fad has faded?
I used to think the fade-out of ICO's would keep ETH down, but the platform can be used for many other projects. Smart contracts are extremely exciting and the world is still just starting to discover them.
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durilup
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May 18, 2020, 03:56:14 PM |
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In my opinion Ethereum is a great platform where you can send faster cryptocurrencies than bitcoin . Also you can build your own token on ethereum blockchain . I think we have to wait at least one more year to see a big pump of this coin
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Mia44
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May 18, 2020, 04:28:38 PM |
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Future trading has been offered outside the US for a long time, and the volume of concentration is also very large, so that futures trading in the US will have no significant impact.
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tsaroz
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May 18, 2020, 04:37:27 PM |
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With bitcoin halving already through, everyones eyes is now on ETH. ETH developers been working hard to bring on the POS system on Ethereum 2.0 and they are getting close to it. Ethereum is already the leader in utility coin and solving the scalability problem would make it growth limitless. But it would also depend on how all these transition goes on.
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ningrum
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May 18, 2020, 05:21:21 PM |
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Good news for Ethereum seems to have an impact on prices, currently Ethereum prices are rising, although 2% I am sure there will be a Pump for Ethereum, it's time for Ethereum to the moon
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Akiko
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May 18, 2020, 06:18:21 PM |
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With bitcoin halving already through, everyones eyes is now on ETH. ETH developers been working hard to bring on the POS system on Ethereum 2.0 and they are getting close to it. Ethereum is already the leader in utility coin and solving the scalability problem would make it growth limitless. But it would also depend on how all these transition goes on.
I don't think every one will watch ethereum price. Many people focus only on bitcoin investment even this ETH can give also profit but if you look about the price decrease after ATH you lost a lot if you invest in ETH. Its almost 90% lost from his ATH and many people learn about this experience.
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jahepahit
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May 18, 2020, 07:29:27 PM |
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don't make conclusions first, because this is still in the initial stages. if indeed the presence of ErisX was welcomed by the government there, surely this is the point of development of ethereum towards a better direction
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