Joseph Lubin news

Co-founder of @ethereumproject & Founder of @ConsenSys. Building the decentralized Web 3.0 on #Ethereum. Active since 2011.

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Ethereum (ETH) A Strong Buy According to Joseph Lubin of Consensys

Ethereum prices bullish above $135 Joseph Lubin expects prices to rally Volumes low, dropped by half in the last week Weeks after retrenching staff, Consensys CEO is confident that ETH prices will surge 1000X. This is partly thanks to the launching of Ethereum 2.0 and prospects of dealing with scalability. Therefore, that means there is a huge Ethereum (ETH) undervaluation. Ethereum Price Analysis Fundamentals Consensys is the Brooklyn-based software-production studio that is backed by Joseph Lubin. Joseph is one of the top contributors of Ethereum. Months after announcing plans of the studio’s  “re-focusing of their priorities” at the back of dropping asset prices and a biting crypto winter, Joseph believes that ETH prices will surge 1000X in the next two years. With an eager audience during the ConsenSysSXSW 2019 in Austin, the tech leader is banking on Ethereum 2.0 and the development of layer 2 scalability solutions that will see Ethereum platform efficiently handle the influx of transactions without sacrificing speed or hiking fees: “Ethereum 2.0 is launching soon. We have eight teams working currently on Phase 0 of the four phases of the roadmap. We will further develop the base layer of the Layer 2 expansion solution, which will be in the next 18- at least 1000 times in 24 months. Once this completes, Ethereum will continue to expand. Since the start of the ecosystem in 2009, Ethereum has seen many incredible rises in the price of the tokens followed by many corrections. One of the significant corrections was done in 2018, which was 5,000-times more valuable than when ETH was initially launched.” Candlestick Arrangement Meanwhile, Ethereum prices are stagnating above $135 but up four percent from last week’s close. From candlestick arrangement, buyers are in charge and trading within a bullish breakout pattern with immediate supports at $135. Even so, we must realize that sellers are overly in charge especially if we break down the price from a top-down approach. Note that $170, though more than $30 away is a vital resistance and previous support. As reiterated in previous ETH/USD trade plan, price surges above $170 should have strong bases. That, therefore, means consolidation above Mar 5 highs and oscillation within Mar 15-16 high lows. Any drop below $135 nullifies this trade plan and could catalyze a sell-off towards $100, a psychological round number. Technical Indicators Flat-lining prices equate to low participation levels, and that is evident from the chart. From Mar 5 when decent volumes—302k versus 296k, accompanied prices, participation averages have dropped to 160k hinting of low demand. Moving on and as laid out in prior trade plans, gains above $150 confirming bulls of Mar 5 must be with high volumes exceeding 330k or even 1 million of Feb 24. Ethereum (ETH) A Strong Buy According to Joseph Lubin of Consensys was last modified: March 19th, 2019 by Dalmas NgetichThe post Ethereum (ETH) A Strong Buy According to Joseph Lubin of Consensys appeared first on NewsBTC.
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ETH Market Update And Joseph Lubin’s Bold Prediction Over Ethereum In The Next Two Years

The market after a sudden charge during the weekend has pulled back, seeing a good number of cryptocurrencies record marginal drops. Though the last 48 hours have seen cryptocurrencies turn red, most coins seem to have strong support and have remained above key support positions. This is key for the next rally since a high support position allows prices to aim high and establish high resistance positions. Ethereum in the last couple of hours has seen a significant drop of around 1% extending into yesterday’s drop. This at the time of press has seen the coin drop to trade for a little over $139. The stability being witnessed from around the market suggests that prices will soon pull away rather than go through a further pullback. ETH could soon get above $140 and continue its rally towards $150. While the bearish trend continues, pundits continue to make bold predictions both in the short term and long term. Joseph Lubin, co-founder of Ethereum has been making a bold and positive prediction over the future of Ethereum. Joseph Lubin, who has been a believer in the revolutionary capability of cryptocurrencies, with his prediction, further reiterates his belief in cryptocurrencies becoming the preferred means of payment. Ethereum Will Expand By 1,000 Times In The Next Two Years Joseph Lubin, who was speaking at South by Southwest (SXSW), made one of the boldest predictions over the future of Ethereum. According to Lubin, Ethereum will grow by a thousand times.  In his statement, Lubin reflected on where Ethereum began and stated that there plans to make it even bigger. “Ethereum 2.0 is coming…We have 8 teams building it and we are currently in Phase 0 of the four phases of the roadmap. We continue to build the base layer of the Layer 2 expansion solution, which will be in the next 18- At least 1000 times in 24 months. After that, Ethereum will continue to expand.” With the battle to become “king” of dapps continuing to intensify, Ethereum is in need of radical growth if it is to retain its authority. If Lubin’s prediction is correct and Ethereum grows by a thousand times, this could see it undoubtedly become the number one dapp platform. This will further see ETH prices soar throughout the development of the project and possibly set new all-time highs. The post ETH Market Update And Joseph Lubin’s Bold Prediction Over Ethereum In The Next Two Years appeared first on ZyCrypto.
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Joseph Lubin Believes Blockchain Will Dominate the Economy in 10 to 20 Years

The co-founder of Ethereum (ETH) and founder of ConsenSys said that the global economy in 10 to 20 years will have most of its component from blockchain technology. He gave these comments at the SXSW conference in Austin, Texas, on March 14. Lubin Believes Blockchain Adoption Will Reach the Whole Economy Lubin talked about blockchain […]
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Joseph Lubin: Ethereum Will Expand 1000x In Just 2 Years

Ethereum co-founder Joseph Lubin, an interactive keynote speaker at South by SouthWest (SXSW), made a significant statement about the… The post Joseph Lubin: Ethereum Will Expand 1000x In Just 2 Years appeared first on Invest In Blockchain.
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Quotes, Week 22 ’18

Jimmy Wales, Martin D. Weiss, Spencer Bogart, Joseph Lubin and Xi Jinping speaking on cryptocurrency and blockchain issues.

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Tron is Now Available for Trading on the eToro Platform

Tron (TRX) was added to the social trading platform eToro. More than 100 million registered users will have access to one of the largest cryptocurrencies in the market. […] The post Tron is Now Available for Trading on the eToro Platform appeared first on UseTheBitcoin.
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eToro Acquires Smart Contract Infrastructure Provider FirmoImage via eToro, Facebook

Social trading and multi-asset brokerage company eToro has acquired Firmo, a smart contract infrastructure provider, for an undisclosed amount, eToro announced on Monday. The company said the acquisition aims to bring it “one step closer to becoming the first truly global service provider allowing people to trade, invest and save.” The Firmo team will act […] The post eToro Acquires Smart Contract Infrastructure Provider Firmo appeared first on Coinjournal.
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eToro Signals Tokenized Future with Acquisition of Smart Contract Infrastructure Provider Firmo

Coinspeaker eToro Signals Tokenized Future with Acquisition of Smart Contract Infrastructure Provider FirmoGlobal multi-asset investment platform eToro has today announced that it has acquired Firmo, for an undisclosed amount. Firmo enables smart contracts for derivatives to be securely enabled on any major blockchain.Commenting on the news Yoni Assia, Co-founder and CEO of eToro, said:“The acquisition of Firmo will enable eToro to accelerate the growth of our tokenized assets offering.  Blockchain and the tokenization of assets will play a major role in the future of finance. We believe that in time all investible assets will be tokenized and that we will see the greatest transfer of wealth ever onto the blockchain.”eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. While this core vision remains the same, new technology namely blockchain, means that the eToro business has, and will continue to, evolve.Yoni Assia continued:“While our expansion has been largely organic to date, as the eToro business continues to grow we are on the lookout to acquire businesses which will help us stay at the forefront of fintech innovation. We believe that the market is particularly exciting at the moment.”The Firmo team will act as an internal innovation unit tasked with bringing to life the goal of tokenizing all assets on eToro. This will involve research and development of infrastructure for the representation of assets and the execution of trade processes on blockchain infrastructure.Dr. Omri Ross, CEO and Founder of Firmo, said:“The advent of crypto and the blockchain technology that underpins it has driven an explosion in financial innovation, however, a number of challenges are preventing mass adoption and integration into legacy infrastructure.  Our goal is to enable our users to trade any asset globally with instant settlement by tokenizing assets and executing all essential trade processes on the blockchain.” Firmo’s underlying technology provides a platform to securely deploy financial contracts and can work with any blockchain. They have developed a formally verified, domain-specific contract language ‘FirmoLang’ which, with the support of Firmo’s compiler can be translated onto a number of blockchain platforms such as Ethereum, EOS or NEO.Yoni Assia said:“The Firmo team has done ground-breaking work in developing practical applications for blockchain technology which will facilitate friction-less global trading. The adoption of smart contracts on the blockchain increases trust and transparency in financial services. We are incredibly proud and excited that they will be joining the eToro family. We believe that together we have a very bright future and look forward to pursuing our shared goal to become the first truly global service provider allowing people to trade, invest and save.”About eToroeToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. The eToro Group consists of the eToro platform, our multi-asset trading and investment venue, and eToroX, which manages our crypto wallet and forthcoming exchange.The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than ten million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.As technology has evolved, so has our business. In 2018, we created eToroX, our digital asset subsidiary. eToroX provides the infrastructure, in the form of a crypto wallet and the forthcoming exchange, that supports our commitment to facilitating the evolution of tokenized assets. We believe that leveraging blockchain technology will enable us to become the first truly global service provider allowing everyone to trade, invest and save.eToro Signals Tokenized Future with Acquisition of Smart Contract Infrastructure Provider Firmo
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5 Things You Need to Know About Apple’s New Credit Cardapple-cardampressman

Hoping to move more even deeply into the financial lives of its customers, Apple on Monday unveiled its own iPhone-oriented credit card, called the "Apple Card." The card, created in partnership with Goldman Sachs and Mastercard, comes with some features that set it apart from traditional credit cards like a lack of a visible credit card number. But it also has some features that most people are well familiar with such as cash back. In a particularly Apple touch, customers can apply for the card on an app on their phones. It will be available this summer, Apple said. The card is tied closely into Apple Pay, the company’s digital wireless payments system. That makes it easy for customers to use the card for payments with all their Apple devices and for purchases both in retail stores and online. Here are five important things you should know about the new Apple Card: This isn’t your father’s credit card Yes, this is a physical credit card – albeit made of all-white, engraved titanium. But it doesn't have a number or expiration date printed on it. Get money back Like many other rewards cards, users will get a 2% rebate on spending with the new card through the Apple Pay app and 1% back when using its as a physical card. Customers will get 3% back on purchases from Apple. But customers won't have to wait long to spend the rebates. Apple said they would be available immediately on an accompanying app for use on new purchases, to pay down a credit card balance, or even to transfer to other people using Apple Pay. No fees Apple didn't say what the interest rate would be on the new card. Apple aapl did say that the card will have no annual fee, no late fees, no over-limit fee, and no international fees. Apple has previously offered a more typical branded Visa card in partnership with Barclays. That card also has no annual fee and lets users accumulate rewards points that can be redeemed for Apple gift cards. But otherwise, it more resembles a typical credit card, with late fees and other extra charges. Privacy protection Apple said it would provide more privacy protection than typical credit cards. The company said it wouldn't know where customers spend, how much they spend, or what they buy. Goldman Sachs gs would have that data and wouldn’t sell that information to third parties for marketing or advertising. Better spending data The new card will come with an app that provides highly detailed information about the users’ finances. Using data from Apple Maps, the app will show exactly where and when every transaction occurred instead of a traditional credit card statement. The app will "transform this mess into names and locations that you'll recognize," Apple vice president Jennifer Bailey said. The app will compile the information while processing all financial data on each user’s device. No data would flow to Apple’s servers, the company said.
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