{"id":391129,"date":"2019-07-25T19:00:11","date_gmt":"2019-07-25T19:00:11","guid":{"rendered":"https:\/\/wncen.com\/?p=391129"},"modified":"2024-06-11T15:57:33","modified_gmt":"2024-06-11T15:57:33","slug":"ethereum-eth-prices-back-to-green-surge-7-in-24-hours","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-eth-prices-back-to-green-surge-7-in-24-hours\/","title":{"rendered":"Ethereum (ETH) Prices Back to Green, Surge 7% in 24 Hours"},"content":{"rendered":"
An independent research from eToro reveals that investors are more aware of Libra, a Facebook stablecoin set for launch in 2020, than Ethereum (ETH). Meanwhile, ETH is back to green, adding 7.6 percent in 24 hours<\/em><\/p>\n The discourse around Facebook’s Libra<\/a>, a centralized stablecoin, is at fever-pitch. Unfortunately, the consensus is not favorable<\/a> for the global stablecoin. Facebook has a bad track record on privacy.<\/p>\n Worse, their foray into finance is agitating Congress. Visibly, most are concerned about the Libra\u2019s effect on the USD. The US President, Donald Trump, for example is categorical stating that Facebook must acquire a banking charter before issuing Libra.<\/p>\n However, the bad news is that there is nothing binding Facebook from launching elsewhere. Theoretically, Facebook is not in charge of the Libra Foundation. The latter is a group of American and European companies ready to launch in approving jurisdiction.<\/p>\n After polling 600 people, eToro<\/a>, a social trading platform, found out that Bitcoin is the most popular digital asset. 58 percent of the those surveyed were aware of BTC. Surprisingly, 16 percent knew Libra, and a mere 12 percent had heard about Ethereum (ETH).<\/p>\n Concluding this finding, Guy Hirsch, U.S. managing director of eToro, said<\/a>:<\/p>\n “We believe that crypto and the blockchain technology that underpins it will be essential to ‘tomorrow’s economy. By introducing the concept to a new audience, Libra could play a vital role in the evolution of decentralized and more democratized finance.”<\/p><\/blockquote>\n <\/p>\nEthereum Price Analysis<\/h2>\n
Fundamentals<\/h2>\n
Candlestick Arrangement<\/h2>\n