Apr 28, 2019
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Even With Samsung, Ethereum (ETH) Bulls Must Nullify Q4 2018 Bears

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  • Ethereum (ETH) steady above $150
  • After rumors of a public-private blockchain, Samsung investing in crypto projects

Samsung is investing in crypto projects. Through Samsung Ventures, the electronics giant channeled $2.9 million in Ledger before investing an undisclosed amount in ZenGo which managed to raise $4 million. Meanwhile, Ethereum (ETH) is recovering after retesting $150 support.

Ethereum Price Analysis

Fundamentals

Talks of Ethereum 2.0, Serenity and EIP 1234 apart, the involvement of Samsung is massive for Ethereum (ETH). As a reiteration, Samsung is experimenting and part of their trials may lead to the issuance of Samsung Coin.

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