News: Ongoing Ethereum (ETH) Correction Gives Buyers a Chance to Accumulate

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Transcript:

0:00:00 Ongoing Ethereum (ETH) Correction Gives Buyers a Chance to Accumulate

0:00:04 This update is brought to you by "CoinCheckup News Updates" and was originally published on "NewsBTC".

0:00:11 The motive of Blockchain.com’s acquisition of a blockchain startup is to merge knowledge, work towards improving security, and solving interoperability issues.

0:00:20 However, that was not enough to move this market.

0:00:23 Ethereum is down 3.7 percent in the last 24 hours.

0:00:28 The crypto markets may be shaky, but that’s just about it.

0:00:32 Fundamentals and other on-chain developments are bullish.

0:00:35 Of the many projects whose tokens are depreciating as analysts root for their recovery, Ethereum is among them.

0:00:41 The platform promotes the original intrinsic values of blockchain, namely decentralization and transparency.

0:00:48 Although it may not score big on scalability, creators are hard at work to overcome this huge stumbling block.

0:00:54 That may explain the high number of developers and dApps launching on the platform.

0:00:59 Meanwhile, what creators have on the project’s road map is an assurance that the network is committed to being a preferred launching pad where projects can securely launch their dApps or even crowdfund.

0:01:09 After all, the U.S. Securities and Exchange Commission is flexible, executing their mandate while not trying to snuff innovation.

0:01:17 Perhaps in line with this development, Blockchain.com acquired Slock, a German startup and among the first developers of Ethereum.

0:01:24 The goal of this merger is to work towards bolstering security and solve existing interoperability issues.

0:01:31 At the time of writing, Ethereum is down 3.7 percent.

0:01:35 Even though under pressure, ETH is nonetheless oscillating within a $60 trade range.

0:01:40 Despite liquidation pressure, ETH bulls are in control.

0:01:44 Thanks for checking out this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: "NewsBTC", who originally published this news update on their website.


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