We’ll Tokenize the House’: Mortgages Are Coming to Ethereum This Summer

On Thursday the fintech startup Fluidity will announce plans for the first ethereum-powered mortgages in California and New York, CoinDesk has learned.

Fluidity execs say the offering is slated for this summer, once all the licensing paperwork is finalized.

“We’ll tokenize the house, which will effectively take the collateral that is the equity of the house,” said Fluidity chief architect Todd Lippiatt. “You’re pledging the house and you get an advanced rate back in terms of dollars.”

read more:https://www.coindesk.com/well-tokenize-the-house-mortgages-are-coming-to-ethereum-this-summer

Ethereum (ETH) Price Gaining Momentum As Bitcoin Hits Fresh High

  • ETH price found support near the $164-165 area and bounced back against the US Dollar.
  • The price broke the $168 and $169 resistance levels, and is currently gathering momentum.
  • There is a breakout pattern forming with resistance at $172 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair is likely to break the $172 resistance and climb towards the $176 and $180 resistance levels.

Ethereum price is gaining bullish momentum versus the US Dollar, following bitcoin price rise. ETH is now placed above $169 and it looks set for more gains towards the $180 level.

Read more https://www.newsbtc.com/2019/05/09/ethereum-eth-price-gaining-momentum-bitcoin-fresh-high/

Elon Musk and Vitalik Buterin are chatting about Ethereum and it’s fascinating

First, it needs to be said that Musk and Buterin are quite similar in certain regards. Both are very active on Twitter. Both are very smart and love talking about complex concepts that will make your head spin. Both love silly jokes, and they regularly drive their users/customers/shareholders up the wall. In 2017, Buterin (who insists he’s just one of many cogs inside Ethereum but is largely seen as the project’s leader) said he will leave (Ethereum) if its community doesn’t get its act together. Musk angered the SEC to the point that he almost lost his CEO position at Tesla. 

read more https://mashable.com/article/elon-musk-vitalik-buterin-ethereum/