Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ETH is digital money. If you’ve heard of Bitcoin, ETH has many of the same features. It is purely digital, and can be sent to anyone anywhere in the world instantly. The supply of ETH isn’t controlled by any government or company – it is decentralized, and it is scarce. People all over the world use ETH to make payments, as a store of value, or as collateral. The latest news about Ethereum mostly concerns the move to Serenity the last post-development phase of Ethereum as well as changing Ether mining’s concept from Proof-of-Work to Proof-of-Stake in order to reduce the power cost of the process.
Bitcoin is the first peer-to-peer digital currency, also known as cryptocurrency. It is famous for its decentralized transactions, meaning that there is no central governing body operating it, such as a central bank. Bitcoin News will help you to get the latest information about what is happening in the market.
BlackCoin is on a very steady decline against the Bitcoin. It continues to produce lower lows and lower highs while moving within the descending channel.
After a strong corrective move up, on the 18th of September, BLK/BTC rejected the 200 Moving Average and fell down at the same speed it was rising.
On the 21st of October, Blackcoin yet again made a new lower low since March 2017, and the downtrend doesn’t seem to end.
If it very likely that the next wave down will follow, and the BlackCoin will move down to test the lower channel trendline.