CryptoCoinsInfoClub.com

Ethereum Dropping Fast

Ethereum Price Drop Hard, Why ?

Ethereum Price Drop Hard, Why ?

in Few days ethereum price is drop hardly in Bitcoin value, why ? because cryptokitties issue,they makes ethereum transaction is not going well,so many pending transactions in ethereum blockchain. don't worry after this issue finished,price growing up again. The ethereum network is congested and people have had transactions pending for days. There are around 22000 pending transactions at the moment and it was higher than that a few hours ago. With all the app tokens coming online over the next year it doesn't bode well for ethereum's functionality, hopefully they will implement something to boost transaction numbers soon while we wait for PoS. but just ETH/BTC drop so hard.. exactly, i dont know what happen now i heard.. more transaction pending in blockchain ethereum, it cause cryptokitties as PONZI and factor number two is price BTC up so fast.. and its make price altcoin to BTC maybe some coin is down I think you don't understand the market the price of bitcoin is getting increases fast than ethereum look at the coinmarketcap you can see the price of ethereum ETH/USD the price was honestly increasing but its not so high not the same as bitcoin that increases too high from fast week ago. So we can see the price of ethereum is getting stable increase it would be hard to decrease since there are lots of new comers and mine ethereum i am expecting to the price to increase more.. in Few days ethereum price is drop hardly in Bitcoin value, why ? Many people gets stressed caused by the cat whore on the cryptokitties site. This game just like another plague in the ethereum network. So many people in competition to make the more fast trasaction through put the more fees in their new transaction. in Few days ethereum price is drop hardly in Bitcoin value, why ? I still do not Continue reading >>

Ethereum (eth) Hits 800$ But Drops Pressured By The Latest Market Trend

Ethereum (eth) Hits 800$ But Drops Pressured By The Latest Market Trend

Ethereum (ETH) Hits 800$ But Drops Pressured by the Latest Market Trend Home All Posts ...Ethereum (ETH) Hits 800$ But Drops Pressured... Ethereum, the second-best currency according to its market cap, managed to acquire a pretty favorable set of gains. It easily managed to acquire a price of over 800$ per one ETH unit, which was a huge success considering the massive meltdown in the market that went in for more than eight weeks. Lets see how Ethereum is doing at the current moment, as well as why ETH fell back below 800$. Ethereum has respectfully managed to acquire a massive growth of over 690% against the dollar during a period of 365 days, which h means that ETH alone made almost 700% of gains in the period of a single year. 99% of this set of gains happened due to the most recent rebound which took place in April when the majority of digital values went on while trading in the green for a prolonged period of time, which means that ETH had made a nearly 100% rise against the dollar in the last 30 days. Along the way, in the last twenty-four hours, the lowest trading price of ETH went not further than 753.66$ per one unit, while its highest trading price was set at 826.90$ per one ETH. That is how Ethereum managed to hit a symbolic price of 800$ per one unit, while it continued to rise even above this price, going towards being traded at 830$. The combo of rises, however, ended approximately 48 hours ago, which is why Ethereum is currently being traded at the price under the initial 800$ per one ETH. While ETH managed to rise up for 14% against the dollar during the course of the last week, it couldnt resist falling under the influence of the latest market trend, which means that Ethereum, along with the majority of currencies is suffering from drops in its price ag Continue reading >>

Bitcoin, Ethereum And Almost Every Other Cryptocurrency Is Plunging

Bitcoin, Ethereum And Almost Every Other Cryptocurrency Is Plunging

Look away now if you own bitcoin or other cryptocurrencies. This wont be breaking news to you if you are invested, but today has seen the entire crypto market fall by double-digit percentages. The price of bitcoin slumped by 15 percent to drop below $12,000 for the first time since December 4. Ethereum, meanwhile, fell by over 20 percent to hover above $1,000 and Ripple is down 33 percent to $1.23 at the time of writing. The price drop is having a huge impact. According to Coinmarketcap.com , a site that is quickly becoming the go-to price checker, just one of the top 100 highest valued cryptocurrencies isnt in the red over the past 24 hours. Thats Tether. Its a far cry from when bitcoin hit a record of close to $20,000 exactly a month ago on December 16. Despite the drop, Ethereum, Ripple and the rest of the alt coins have largely fared worse than bitcoin. Finally, a little green ink at number 25 Like all things crypto price related, it isnt clear what is driving the changes. A Bloomberg report yesterday suggested that China is preparing to block domestic internet users accessing international bitcoin exchanges. The country banned Chinese exchanges and ICOs last year. Last week, it emerged that the central government is working to drive out Chinas bitcoin miners, who are thought to account for the majority on the planet. Many of the bigger names are already expanding overseas in preparation but the news jolted the market. Theres also been plenty of speculation around Koreas plans to regulate crypto, although the government has since clarified it doesnt plan an all-out ban on bitcoin and crypto trading. Crypto being crypto, there are some alternative theories, too. Weve been here before, of course the headline to this story may seem familiar. The crypto market suffered Continue reading >>

Ethereum Drops 14% As Cryptocurrency Market Declines $14 Billion Overnight

Ethereum Drops 14% As Cryptocurrency Market Declines $14 Billion Overnight

Ethereum Drops 14% as Cryptocurrency Market Declines $14 Billion Overnight The price of Ether, the native cryptocurrency of the Ethereum blockchain network, has dropped 14 percent overnight as other major cryptocurrencies like bitcoin, Ripple, and Bitcoin Cash fell in the range of 2 to 6 percent. Within one hour, the price of Ether dropped from $574 to $492, by more than 14 percent. While ETH rebounded relatively fast from the $492 mark by 6 percent, it is still down around 10 percent from $574. Some analysts including WhalePanda, the host of popular cryptocurrency podcast Magical Crypto Friends suggested that ETH could have dropped due to the dump of Ether by initial coin offerings (ICOs) and blockchain projects. Wondering who just ragedumped $ETH on Bitfinex. Didnt $EOS still have a lot of ETH and they were using Finex before, speculated WhalePanda, raising a valid question. The issue with ICOs and blockchain projects that raise many millions of dollars after token sales, to fund operations and developments, ICOs need to liquidate a significant portion of the ETH they raised. Most ICOs, like EOS, tend to liquidate their ETH on public cryptocurrency exchanges like Bitfinex, triggering a domino effect and leading other cryptocurrencies to drop by large margins. Price drops triggered by transparent events like the movement of funds from the EOS smart contract to cryptocurrency exchanges often lead to short-term recoveries. As such, the initial price drop of Ether by around 14 percent was reduced to 8 percent. The bitcoin price has declined below the $7,200 mark, likely making its way to the higher end of the $6,000 region. Other major cryptocurrencies such as EOS, Bitcoin Cash, and Ripple have fallen by similar margins, in the range of 5 to 8 percent. Bitcoin has been a Continue reading >>

Down Goes The Price Of Bitcoin And Ethereum In Yet Another Cryptocurrency Plunge

Down Goes The Price Of Bitcoin And Ethereum In Yet Another Cryptocurrency Plunge

Its tough out there for cryptocurrency investors. This morning, the price of bitcoin dropped in the double-digit percentshitting a monthlong low of $11,191.59. Currently the price has risen a bit, to around $12,000, but thats still a huge drop from yesterdays $14,094.86. According to Reuters , this drop was caused due to fear of a cryptocurrency crackdown in South Korea. On the heels of this news and plunge, other cryptocurrencies followed suit. Ethereums price fell over 13% and litecoin fell over 14%. Does this mean a selloff is happening and the bubble is finally bursting? Not everyone thinks so. In fact, some analysts predict that bitcoins price will hit $100,000 by the end of this year. CGW Continue reading >>

Ethereum Price News: Why Is Ethereum Dropping Today? Eth Going Down

Ethereum Price News: Why Is Ethereum Dropping Today? Eth Going Down

Ethereum price news: Why is ethereum dropping today? ETH going down Ethereum price news: Why is ethereum dropping today? ETH going down ETHEREUM is one of many of the major cryptocurrencies that suffered losses on opening this morning as ETH dipped by more than five percent. Why is ethereum dropping today? The second largest cryptocurrency by market cap has suffered new losses today in a morning where all the major cryptos are in the red. ETH dropped down to$851.05 today, a loss of 5.04 percent, as of 9am on February 22. The market cap currently stands at $83.2 billion and some $2.2 billion was traded on exchanges over the past 24 hours. But why has the token fallen into the red today, February 21? Venezuelas Ethereum-based Petro is desperate attempt to bypass U... The cryptocurrency largely held steady at around the $900 mark in February, apart from a drop to $585 on Feb 6 - recovering the following day. But today Ethereum dropped below the $900 mark again as all other cryptos also recorded losses. Ripples price dropped to 1.06 today, as of 8.20am on February 21, down 7.69 percent. Bitcoin was also down by -2.85 percent, recording a price of $11,175.70. Continue reading >>

Why Ethereum's Price Is Dropping | Venturebeat

Why Ethereum's Price Is Dropping | Venturebeat

Anyone following the cryptocurrency market over the past few months has seen the spectacular rise and pretty dramatic fall of the value of an Ether. The currency rose from the $100 range to the $400 range from May to June; and from June to July weve seen it drop back down to the $200 range. The question is, why is this happening now? With over $500 million worth of Ether raised in initial coin offereings (ICOs) during June alone and a feature on the cover of Forbes, the market has reached fever pitch. What we are now witnessing is the other side of this phenomenon. 1. Post-ICO startups are cashing out to reduce risk These projects have costs. And, for now, those costs are in fiat currency. While you can buy some things with Ether and Bitcoin, most of the expenses of running an organization and the expenses of the people who work in those organizations still happen in boring old dollars, euros, and yen. Lets assume for the moment that the startup projects are not scams or pump and dump schemes (Ill get those a bit later). Still, these projects have to get actual money to pay for stuff and, thanks to blockchain, we can see it all happening. So when EOS decides to deleverage some of its ETH risk, everyone knows about it . And when Tezos, which I predicted would raise $250 million (it was just a little bit under that), completes a record-setting crowd sale , it will do what anyone does: reduce risk. Scale this out to every project and assume for a moment that every ICO is going to take 10-20 percent of its ETH off the table and put it in fiat to avoid the crash that everyone knew was coming, but didnt know when, and now you have $50-100 million worth of sell orders coming in at the same time. Thats a decent percentage of the market moving in one direction at once. And that Continue reading >>

Anyone Have Theories On Why Eth Is Dropping So Much Faster Than Btc? : Cryptocurrency

Anyone Have Theories On Why Eth Is Dropping So Much Faster Than Btc? : Cryptocurrency

No pumping, shilling, or FUD (fear, uncertainty, doubt). Do not use multiple sockpuppet accounts to manipulate votes to achieve a narrative. Do not solicit, complain about, or make predictions for votes. Manipulation and Brigading are against the subreddit and site-wide rules. Communities linking to posts on r/cryptocurrency must use No Participation links. See our Expanded Rules page for more details Do not incite or encourage illegal activities. Content promoting leaks, buying/selling drugs, tax evasion, etc will be removed. No malware, spyware, phishing, or pharming links. Do not post addresses or seek donations without pre-approval from the moderators. Pre-approval is granted in only the most extraordinary circumstances. High-quality submissions are encouraged. Baseless price speculation, shilling, repetitive posts et cetera are removed. "Recommend a coin" can be discussed on the daily thread. See our Expanded Rules wiki page for more details about this rule. Do not reveal personally identifying information(PII), otherwise known as doxxing yourself. Divulging how many coins you own can make you a target of hackers and identity thieves. Do not doxx other redditors even if they engaged in an illicit activity. Report them to the mods instead. Do not steal content, also known as scraping or plagiarizing. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Use this tool to help determine if content is stolen or not. Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. Exceptions will be made for analysis of political events and how they influence cryptocurrency. No clickbait. Titles cannot be misleading. They should accurately represent the conte Continue reading >>

13 Answers - Why Is Ethereum Dropping So Much Right Now?

13 Answers - Why Is Ethereum Dropping So Much Right Now?

Why is Ethereum dropping so much right now? Because markets dont go straight up forever. It is natural for a correction to happen after a huge run up. Ethereum has crashed to levels not seen since.May 24. It is still up over 100% in the month of May. The media always tries to find reasons to explain price movements. Sometimes there are fundamental factors such as the DAO hack which will heavily influence the short-term price. However, there is a simple explanation for the recent correction in Ethereum - it simply went up too much too fast and needed a break. There are no real crypto experts out there. This is new to all of us. It's never ever happened before. Anyone listening to all these so called experts are exposing their money to a huge danger. Do research on your own, trust only yourself. Most of you aren't old enough to remember the yahoo bubble? Nasdaq? People are excited. They are buying now. Then the big investors start playing games - they dip the price, the newbies panic and start selling. Prices come crashing down. The big guys come back and buy at the dip - make them selves 2030% richer then they were before. We are in completely unchartered territory right now. You can only make educated choices. Anyone who tells you they know for sure is lying to you and probably themselves too. Stay calm and carry on. Hold or sell it's your choice but stop asking others to think for you - they dont have clue either. Most of these sells are on autopilot and generated by robots. Guys making money that are much smarter than us all. Continue reading >>

Ethereum Dropping And The Reason Is Not Btc?

Ethereum Dropping And The Reason Is Not Btc?

With the entire market going down and BTC riding at $8,043, ETH price is experiencing a much terrible fall by plunging down to $456. The government uncertainty towards ICOs, short-term investors looking to stockpile on fiat are causing the fall down at such a rapid pace. Ethereum dropping by $460, the price is crashing way harder Over the past one month, Ethereum has experienced a heavy downfall in its prices from $870 on February 28 2018 to $456 on March 28, 2018. No doubt the entire cryptocurrency market is going through the red sentiment and the similar trend could be seen in almost all the elements of the market. Usually, when the bitcoin prices take a downfall, ETH among other cryptocurrencies takes the similar route. However, in the past when BTC prices fell down, ETH didnt suffer this terrible of a fate. For instance, the last time BTC fall down to the $8,024 on February 8, 2018, the ETH prices went down at $825 on the same day. This time, bitcoin is riding at $8,043 and ethereum dropping by $462 which is 50 percent down than the last time. One thing is absolutely clear here that the ETH market is losing its value way fast and at more rapid pace than BTC. Also, read: Litecoin Wannabe Payment Processor LitePay Shuts Down Its Operations Causes and concerns: What is going on here? The market is certainly bleeding right now, especially ethereum. So, whats going on around here? For the starters, the uncertainty surrounding the cryptocurrencies is what causes it to an extent. The cryptocurrency market also witnesses a portion of investors that are in just to make some good fiat. These weak hands invest their fiat to buy bitcoin and then convert their bitcoins into fiat, just to stockpile the fiat money. These short-term fiat holders interest into the crypto market reg Continue reading >>

Bitcoin Price Latest: Cryptocurrencies Including Ethereum And Ripple Plunge After South Korea Talks Ban

Bitcoin Price Latest: Cryptocurrencies Including Ethereum And Ripple Plunge After South Korea Talks Ban

Bitcoin price latest: Cryptocurrencies including Ethereum and Ripple plunge after South Korea talks ban Bitcoin price latest: Cryptocurrencies including Ethereum and Ripple plunge after South Korea talks ban South Korean ministers have suggested that trading in the currencies could be banned entirely Cryptocurrencies across the market are in the middle of a huge crash . All cryptocurrencies are falling amid a major selloff. Most have fallen more than 10 per cent over the morning, and the price of bitcoin has dropped below $12,000. Just days ago, bitcoin was marching towards $20,000. But just today it has fallen more than 10per cent taking it down almost 40 per cent over the last month, but still having risen more than 1,300 per cent over the year. Designed by Pierpaolo Lazzarini from Italian company Jet Capsule. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. A humanoid robot gestures during a demo at a stall in the Indian Machine Tools Expo, IMTEX/Tooltech 2017 held in Bangalore A humanoid robot gestures during a demo at a stall in the Indian Machine Tools Expo, IMTEX/Tooltech 2017 held in Bangalore Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south of Seoul, South Korea Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south of Seoul, South Korea The giant human-like robot bears a striking resemblance to the military robots starring in the movie 'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Te Continue reading >>

Bitcoin Drops 28% Below $10,000 On Coinbase; Ethereum Crashes 30% In 24 Hours

Bitcoin Drops 28% Below $10,000 On Coinbase; Ethereum Crashes 30% In 24 Hours

In fact, nearly every major cryptocurrency suffered massive losses during the day. Ethereum traded at about $1,062 as of 8:12 p.m. ET. That represented a sizable rebound after hitting a low of $854 earlier in the afternoon. Coinbase is the leading U.S. marketplace for trading bitcoin, ethereum, litecoin and bitcoin cash. But at around 10:50 p.m. ET, the price of ethereum fell below $1,000 again to trade at $973. The declines followed comments from South Korean authorities that indicated tougher regulation on digital currency trading. However, there was no immediately apparent driver behind the late-afternoon decline. Bitcoin dropped 28 percent to a low of $9,969 on Coinbase, but quickly jumped back up to trade back above $11,000 as of 8:12 p.m., ET. At about 10:50 p.m. ET, bitcoin prices slipped again to trade at $10,757. Bitcoin has now nearly halved in price after topping $19,800 in mid-December. But the digital currency remains more than 1,100 percent higher over the last 12 months, according to Coinbase. Ripple , the third-largest digital currency by market capitalization, traded near $1.05 after earlier plunging 46 percent to near 90 cents, according to CoinMarketCap. Last week, the site began excluding prices from some South Korean exchanges, where ripple trades about 20 cents higher. Continue reading >>

Ethereum Price Could Hit 'near Zero'founder Vitalik Buterin | Fortune

Ethereum Price Could Hit 'near Zero'founder Vitalik Buterin | Fortune

Vitalik Buterin (@VitalikButerin) February 17, 2018 Buterin isnt kidding about the volatility. One Ether coin was worth around $13 a year ago but currently costs $950. In the last couple months alone, its gone as high as $1,400 and as low as $580. Bitcoin, meanwhile, has undergone multiple crashes over the same period, although it is currently heading north again (at $11,050, its up 5% on the day). While it may seem unusual to see a major cryptocurrency player adopting a note of caution more readily associated with Wall Street giants and financial regulators , rather than making wild claims about future growth , Buterin is a relatively cautious figure on the scene. More than once, Buterin has warned investors about bubbles and volatility in the cryptocurrency world. In December, he criticized some players for being obsessed with flaunting their cryptocurrency-derived wealth, arguing that they should instead be thinking about how to use the technology for achieving something meaningful for society. Cryptocurrency media is now, even if out of ignorance/stupidity, complicit in making twitter scams look more legit. Also, the ECF is *not* an EF initiative; it's an independent community organization with some EF participants as advisors. Vitalik Buterin (@VitalikButerin) February 18, 2018 At the moment, he is also deeply annoyed about people impersonating him on Twitter in order to defraud others of their Ethereum. Continue reading >>

The Cryptocurrency Market Is Taking A Pounding

The Cryptocurrency Market Is Taking A Pounding

The cryptocurrency market is taking a pounding Bitcoin, Ethereum, and all other major cryptocurrencies are continuing their downward slide. The prices of all top 10 coins are down by double-digit percentages in the last 24 hours, according to CoinMarketCap . Bitcoin is currently trading at $7,951, a 13.4 percent decline, while Ethereum is at $592, a 14.6 percent drop. The sell-off is likely a result of an onslaught of bad news for the crypto market, and the continuation of a bearish trend that started in January. On Wednesday, Google announced it will ban cryptocurrency-related ads on its AdWords platform starting June. And last week the market was shook by the news of a hacking attempt on popular cryptocurrency exchange Binance, as well as the SEC announcing more stringent regulations for crypto-exchanges (a similar sentiment was expressed during a congressional hearing on cryptocurrencies on Wednesday). It was also revealed that a trustee for the now-defunct crypto-exchange Mt Gox had been selling a large amount of bitcoins on the market since December, likely contributing to Bitcoin's price decline. Overall, the market cap of all cryptocoins put together is around $317 billion at the time of writing a far cry from its January maximum of $835 billion. The last time this number was this low was in early February, when the total crypto market cap briefly fell down to around $281 billion. Continue reading >>

Bitcoin Is Fading Fast: Interest Is Dropping, And Price With It - Coin | Seeking Alpha

Bitcoin Is Fading Fast: Interest Is Dropping, And Price With It - Coin | Seeking Alpha

Bitcoin Is Fading Fast: Interest Is Dropping, And Price With It The worst loss since 2013, and it took 3 years to recover. Public disinterest suggests a fair value of $7,100 USD/BTC. Cryptos are just speculation: Please gamble responsibly. It's been a tough week and month for cryptocurrencies. Bitcoin is 48% off from its peak, and Ripple's XRP is down 72% from its peak. The losses have been led by worries about Asian regulation. However, an even more dangerous problem is arising: Investor disinterest. Over the past year, Bitcoin's price has closely tracked Google Trends interest in the currency (R2 = 81.4%). Google Trends interest has fallen even more sharply than Bitcoin's price. A regression based on falling Google Trends interest suggests a price of $7,100. Despite the news, it's important to keep in mind where Bitcoin has been. It has a history of crashes, and this isn't the biggest drop, nor the longest downswing. It's not even top three. Speculators should be willing to bear these downswings, and should only risk money they are willing to lose. In the short run, this is just gambling. In the long run, functionality will dominate, but functionality doesn't come close to matching current market caps. I remain bullish on the long-term future for cryptos, but urge people to invest only what they can afford to lose. It's been a rough week for cryptos. Bitcoin ( COIN , OTCQX:GBTC ) peaked about month ago, on December 17, at highs of ~ $20,200. Today, it is struggling along closer to $10,500 - a loss of over 48% from under a month ago. Bitcoin has shed over $150 billion in market cap. Other cryptocurrencies are not faring any better. As of this writing, every single coin in the top 20 at Live Coin Watch is down at least 15% in the last 24 hours. Ripple's XRP, IOTA, and Continue reading >>

More in ethereum