Ethereum price analysis for Jan. 16, 2018 – Bears in control
Ethereum price plummeted throughout today’s trading sessions to record a low of $966.64. Even though the 50% Fibonacci retracement seems to be supporting price quite well around the $962.86 price level, we cannot confirm reversal of the downtrend sometime soon via analysis of the charts.
When do you need blockchain?
Too many concepts are translated into blockchain projects. We present several blockchain decision models and paths to guide you on deciding whether to use blockchain or not. In short, a blockchain is useful when transparency in needed, and to prevent fraud among trust-less parties.
Singapore Central Bank chief hopes blockchain is here to stay
The head of Singapore’s Central Bank thinks the cryptocurrency economy will eventually crash, yet he is keeping his fingers crossed that the blockchain technology would still exist, when this happens. This negative statement is much less damning than the official attitude of government officials of many countries around the world including Denmark, China, Russia and others.
