Ethereum Price News - Cointelegraph
The Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. Authorized users can receive notifications 24 hours before an ICO starts / ends by clicking "Follow" on the respective ICO page Thank you for contacting us! We will reply to you as soon as possible. Thank you for your interest in our franchise program. We are considering your request and will contact you in due course. If you have any further queries, please contact: Continue reading >>
Ethereum Price Prediction 2018: Will Ethereum Go Up? How High Will Eth Go?
Ethereum price prediction 2018: Will ethereum go up? How high will ETH go? Ethereum price prediction 2018: Will ethereum go up? How high will ETH go? ETHEREUM has experienced a fall in price today, plummeting by almost 10 percent to dip below support levels, but will the cryptocurrency go up? Ethereum has fallen by 9.29 percent over the past 24 hours, it had dropped to $478.52 at 8.30pm on March 26, after it opened at $525.62 this morning, according to CoinMarketCap. The second largest cryptocurrency plunged to $483.30 at around 1pm today and has only made up some of the ground it has lost. Ether reached a high of $589.61 last week, meaning it has plummeted by 18.84 percent to the value it stands at today. During midweek trading ETH experienced a freefall to hit a hard bottom of $512.27. Research points to Bitcoin Cash rise while Ethereum could 'plummet' Aayush Jindal, analyst at ETH news, explained if the price of Ether managed to push above $515, then it could prompt the cryptocurrency to rise again. In the weekly analysis, we discussed the importance of the $500 support in ETH/USD. The pair failed to hold this level and declined further, Mr Jindal said. Looking at the 30-minute chart of ETH/USD, there was a clear bearish break below a horizontal support at $518.00. As a result, there was a sharp drop and the price broke the $510 and $500 levels. A new weekly low was formed at $477.31 before buyers appears. The last three 30-minute candles are pointing to signs of a recovery. However, there are many hurdles, such as $500 and $510. Ethereum price prediction 2018: The price of Ether has plunged today Moving up to the 2-hour chart, it seems like ETH/USD failed to break a significant bearish trend line with current resistance at $515.00. The current technical structure w Continue reading >>
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, Neo, Eos: Price Analysis, March 26
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 26 Technical analysis on top 9 cryptocurrencies. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. During a bear market, fear grips the investors, resulting in a long liquidation. While some believe that the bubble in Bitcoin has burst, others believe that the current fall is only a correction, which will lead to higher prices later in the year. Founder and chairman of investment firm LDJ Capital, David Drake believes that Bitcoin will rally to $30,000 by the year-end. That is a whopping 262 percent return from the current levels. Jack Dorsey, the CEO of Twitter and Square, believes that Bitcoin can replace the fiat currencies within a decade. A few positive voices in a sea of gloom is a welcome change. Lets see if the short-term picture is improving or not. Though Bitcoin broke out of the descending channel on March 20, it could not cross above the 20-day EMA. Currently, prices are again threatening to dip back into the channel, which is a bearish development. Our long positions initiated at $8,800 are trading under a loss. As the setup looks negative, we suggest booking a loss on 50 percent of the open positions and holding the rest with the stops at $7,600. The next support on the downside is the March 18 lows of $7,715, below which, a retest of the February 06 lows of $6,075.04 is possible. Our bearish view on the BTC/USD pair will be invalidated if prices breakout and sustain above the 50-day SMA. Ethereum is in a strong down Continue reading >>
Ethereum Plunges To Its Lowest Price Of 2018
Ethereum plunges to its lowest price of 2018 Ethereum was trading at $451 early Tuesday, its lowest price the year so far. The second-largest cryptocurrency by market cap has lost 39% since the start of the year Ethereum hit its lowest price of 2018 so far, bottoming out at $451.19 per token, early Tuesday, according to Markets Insider data. The second-largest cryptocurrency by market cap's previous low was $460 per token, set just over a week ago on March 18, according to historical data from CoinMarketCap.com . This year has been a marked departure from 2017 for all cryptocurrency. Even the flagship bitcoin, whose meteoric rise in 2017 led to a frenzy of investment and media interest, is down 41% since January 1. The prices of many of the major cryptocurrencies tend to trade in tandem with one another, something Goldman Sachs said in February was " contrary to what one would expect in a rational market. " Since the beginning of 2018, the total market for cryptocurrencies has more than halved and is currently just $301 billion, according to CoinMarketCap, after starting the year at $608.2 billion. Continue reading >>
Ethtrader: The Ether News, Tokens, Memes, Staking, Economics, Trading, And Investing Hub.
Welcome to /r/EthTrader , a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. New to Ethereum? Read our FAQ .For the discussion of tech and application development using Ethereum, go to the official sub at /r/ethereum . Read our rules before posting. If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy . User flairs or tokens in the ticker are not an endorsement. Please use due diligence when choosing an investment. Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Public Mod Logs | News Timeline | Education | Comments You can correct innacurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>
Ethereum Price Analysis: Eth/usd Bullish Breakout!
Ethereum Price Analysis: ETH/USD Bullish Breakout! Ethereum could be poised for a climb as it shows early breakout signals. Ethereum was previously trading inside a descending channel on its 4-hour chart and is starting to bust through resistance. Price has closed past the $500 level as well, and this has been a particularly strong area of interest. However, the 100 SMA is safely below the longer-term 200 SMA on this time frame to signal that the path of least resistance is to the downside. In other words, the selloff is more likely to resume than to reverse. Also, the gap between the moving averages is widening to reflect stronger selling pressure. In that case, price could still fall back inside the channel to resume its slide to support or at least until the mid-channel area of interest. However, stochastic is pulling up from oversold levels to signal a return in bullish momentum. To top it off, a bullish divergence can be seen as price made higher lows while stochastic had lower lows. RSI is treading sideways to reflect further consolidation, though. Geopolitical risks have resurfaced in the previous week, mostly stemming from trade war jitters but also from terror attacks to some extent. Tensions in Iran are also in play and could also ensue a flight to safety. Interestingly enough, ethereum is putting up a strong fight to the dollar even while bitcoin and most of the other altcoins are on shaky footing. Note that the cryptocurrency industry is back to fearing regulatory efforts as Japan recently announced that it would shut down Binance operations in the country for failing to obtain necessary licenses to operate. South Korea echoed these sentiments, adding that they would intensify their fight against the use of cryptocurrency in money laundering activities. Jap Continue reading >>
Whats Been Going On With Ethereums Price Lately?
Whats Been Going On With Ethereums Price Lately? Russian Blockchain Week March 21-25, 2018 5 days immersion in the industry of blockchain technologies and cryptocurrencies, for which you will receive knowledge and communications for Get BTCMANAGER delivered right to your inbox For those that have been examining the cryptocurrency markets over the last couple of weeks, youve probably noticed something a bit weird about Ethereum . For the last several days, Ethereum has been depreciating in price at a greater rate than the rest of the market itself see the picture below to get a gist of whats going on: This was during day two of bitcoin s most recent rally. As you can see above, the rest of the market made appreciable gains while Ethereum stagnated and even posted negative returns during that day. Ethereum was the only coin in the top 20-30 that had posted negative returns during that day. Since then, it has also been the most sluggish in terms of returns during this minor market rally. A popular and common theory that has arisen in the cryptocurrency community is that the price of Ethereum has depreciated so much in comparison to the rest of the crypto market because of ICOs. As most of us know, ICOs typically take Ethereum in exchange for their projects because a great deal of them tend to build their tokens on top of the Ethereum blockchain. While this is a positive thing because it shows the popularity and success of Ethereum, it also means that there are large hordes of currency being held by these developers. So, the popular theory that has arisen in the community is that these developers are now dumping their Ethereum as it depreciates in price in order to ensure that they can maintain enough liquidity to fund their projects. While there are several logistical rea Continue reading >>
Ethereum Price Technical Analysis Can Eth/usd Hold This?
Ethereum Price Technical Analysis Can ETH/USD Hold This? ETH price is struggling to correct higher and is currently trading below $540 against the US Dollar. There is a crucial bearish trend line forming with resistance at $530 on the hourly chart of ETH/USD (data feed via Kraken). The pair is holding a major support zone at $508-513, which holds the key in the near term. Ethereum price is under pressure against the US Dollar and Bitcoin. ETH/USD remains at a risk of more losses below the $508 level if it fails to move above $530. There was no major upside recovery above $540 in ETH price against the US Dollar. The price declined and moved below the $530 and $525 support levels. It is now trading well below the $540 level and the 100 hourly simple moving average. The downside pressure was such that the price formed many bearish structures below $540. However, the price is still holding the $500 support zone. There are two important support levels on the downside at $508 and $513. On the upside, an initial resistance is around the 23.6% Fib retracement level of the last decline from the $590 high to $506 low. Moreover, there is also a crucial bearish trend line forming with resistance at $530 on the hourly chart of ETH/USD. The same trend line resistance is near the 100 hourly SMA and the mentioned Fib level. Above the $530 resistance, the next hurdle is around the 50% Fib retracement level of the last decline from the $590 high to $506 low at $548. Only a close above the $548-550 zone could push the price back in the bullish zone. On the downside, a break below the $508 support and close below $500 may call for more losses. Hourly MACD The MACD is now placed nicely in the bearish zone. Hourly RSI The RSI is currently below the 50 level. Continue reading >>
Vitalik Wants You To Pay To Slow Ethereum's Runaway Growth
Vitalik Wants You to Pay to Slow Ethereum's Runaway Growth Mar 27, 2018 at 12:00 UTC|UpdatedMar 27, 2018 at 12:53 UTC Could adding a new fee help preserve ethereum in the long term? It's a contentious statement in light of the debates ongoing across blockchains over how and when users should pay to support what amount to global computing networks. However, the concept is now gaining notable momentum on ethereum , most recently from the creator of the world's second-largest blockchain himself, Vitalik Buterin . Buterin's concept , described in a recent blog post, revolves around so-called "rent fees," whereby users would be asked to pay to use the network based on how long they'd like their data to remain accessible on the blockchain. The idea has recently seen interest generally, as ethereum developers have sought to cope with the platform's increased adoption , and, in turn, the increased amount of data being added that all network nodes need to store. In short, it's a tragedy of the commons issue - if too many people use the resource for free, the network starts taking on the costs itself. And there's plenty of evidence to suggest that there is already reason to worry. With rising use spurred by popular apps and ICOs,notable developers, including ethereum researchers Vlad Zamfir and Phil Daian, believe the problem needs to be addressed now. "No one likes talking about rent, but we need to have this conversation," ethereum developer and Thiel fellow Raul Johnson recently tweeted . "Core developers need to relay this information to the smart contract developer community ASAP to get their opinions on the matter," he continued, adding: "The current system as it stands is unsustainable." Still, Buterin's backing could be a sign that momentum might build around the idea. S Continue reading >>
Ethereum Price Analysis: Can Eth/usd Go Any Lower?
Ethereum Price Analysis: Can ETH/USD Go Any Lower? Ethereum is still in a steady downtrend and testing a near-term resistance level. Ethereum is still in a steady downtrend as it bounced off the top of its descending channel on the 1-hour time frame. Applying the Fibonacci extension tool on the latest correction move shows how low price could go from here. The 100 SMA is below the longer-term 200 SMA so the path of least resistance is to the downside. In other words, the selloff is more likely to resume than to reverse. However, the gap between the moving averages is narrowing to signal weakening bearish momentum and a potential upward crossover. Stochastic is pointing down to indicate that sellers have the upper hand, though, while RSI is also on its way down. Bearish pressure could be enough to take Ethereum down to the 38.2% extension at $480 or the 50% extension near the swing lows. Even stronger downside momentum could bring price down to the channel support at the 61.8% extension or $411 or the 76.4% level at $369. The full extension is close to $300 and is already below the bottom of the channel. The dollar resumed its climb across the board when risk aversion returned on trade war fears. Trump signed a memorandum that could impose tariffs on nearly $60 billion worth of Chinese goods from companies allegedly involved in U.S. intellectual property theft. China has responded in saying that the country wont back down if a trade war does happen and warned the U.S. to temper its protectionist stance. Although theres still a consultation period that would likely see some contentions, higher-yielding and riskier assets like Ethereum already took hits. Apart from that, reports that Japanese regulators are looking into shutting down Binance operations in the country for Continue reading >>
Official Ethereum Price In Real Time | Ethereumprice.today
Ethereum is in a rollercoaster. As most cryptocurrencies it is not for the faint of the heart. Just one week ago the price of Ethereum started breaking out. That is when it pierced through $400, its former top. In fact Ethereum peaked at $400 both in June as well as... 4 Most Asked Questions About the Upcoming Ethereum Casper Hardfork After the successful Ethereum Byzantium hardfork, Ethereum will be undergoing a significant hardfork part of the Serenity release. This upgrade is significant as it willconvert the Ethereum Network from a proof of work to a proof of Stake Network.(PoW to PoS). What... The difference between an Ethereum Hard Fork and a Bitcoin Hard Fork How is an Ethereum hard fork different than a Bitcoin Hard fork? Is an Ethereum hard fork a software upgrade of the Ethereum network whereas Bitcoin's hard forks are tools to create 2 coins everytime there is a hard fork? A good question we had from one of our readers... Ethereum possible Hard Fork To retrieve Frozen Parity Funds Ethereum might be undergoing a hard fork again, and this hard fork has nothing to do with the planned Metropolis hard forks. After a Parity developer took over and deleted a Parity Wallet library smart contract, developers are now working towards finding a solution to... Ethereum Funds Freeze on Parity Multisig Wallets Explained After a long sideways movement where Ethereum price held at the 300 USD level, news broke out today that Ethereum Funds currently in theParity wallet(multi-sig wallets) are currently frozen. This article will cover the information we were able to collect so far from... Enterprise Ethereum Alliance Signalling The Start of a New Phase The EntrepriseEthereum Alliance added 48 new members on the 18th of October. With this addition, the EEA has now a total of 20 Continue reading >>
Ethereum Price Is Dropping, But Coinbase Reveal Could Change Fortunes | Inverse
Filed Under Bitcoin , Blockchain , Ripple & Startups Ethereum is not having a good week, but a big Coinbase reveal signals promising future support for the second-largest cryptocurrency. The price of one token reached $457 on Tuesday, over 10 percent down from its price the previous day and a severe drop from last weeks peak of $590. The dip comes as exchange platform Coinbase announced support for the ERC20 token on Monday evening . These run on the Ethereum network and power a wide range of initial coin offerings used to fund ideas that run on blockchain technology like EOS and CryptoHunt . Ethereums price has taken a beating since its January high of $1,426 as Google, Twitter , and Facebook all crack down on initial coin offering ads. Coinbase plans to add support for the ERC20 technical standard in the coming months, but theres no word on which assets will be supported. The company offers a number of products, and assets will only arrive on the app after theyve debuted on the companys GDAX professional exchange and theyve passed assessments like price stability. Ethereum's price over the past three months. The revolution will not be televised. It'll be sent to your inbox by us. The price of Ethereum did not appear to react to Coinbases announcement, despite the fact the ERC20 tokens are one of the most high-profile uses of the network. Coinbases reluctance to offer firmer details may have dampened the news among investors. The exchange will be treading carefully to avoid a Bitcoin Cash-style controversy, where GDAX halted trades just two minutes after going live due to significant volatility and the company announcement of an investigation into potential policy violations. Ethereums dip comes as part of a wider sell-off in the cryptocurrency market, where 90 of the Continue reading >>
Ethereum Price Forecast: U.s. Witch-hunt Behind Crypto Slump, Report Says
Home Cryptocurrency Ethereum Ethereum Price Forecast: U.S. Witch-Hunt Behind Crypto Slump, Report Says Ethereum Price Forecast: U.S. Witch-Hunt Behind Crypto Slump, Report Says Gaurav S. Iyer, IFC Profit Confidential 2018-03-26T11:29:11Z 2018-03-26 11:29:11 ethereum news ethereum price forecast ethereum prices eth prices ethereum to usd Ethereum Price Forecast: According to recent findings from a government watchdog, innovation in distributed ledger technology is hampered by regulatory uncertainty. This means that cryptocurrencies are, in turn, hurt by bureaucratic red tape. We unpack how this revelation impacts ETH prices. Ethereum [caption id="attachment_124384" align="alignleft" width="300"] The intricate web of U.S. cryptocurrency regulations is choking off innovation, says a new report from the U.S. Government Accountability Office (GAO).The GAO report describes a fintech industry whose participants are stumbling around in the dark. No one quite knows which laws apply or when. So it becomes impossible to plan ahead with that much regulatory uncertainty. (Source: Additional Steps by Regulators Could Better Protect Consumers and Aid Regulatory Oversight , GAO, March 22, 2018.)As a result, some firms delay launching in the U.S., while others abandon the idea entirely.The GAO summarized the problem like this:The complex U.S. financial regulatory structure can complicate fintech firms' ability to identify the laws with which they must comply and clarify the regulatory status of their activities.If youre wondering why the GAO is criticizing other government agencies, its because their mandate is to hold the government accountable. The GAO is a watchdog. Naturally, this makes the agency pretty unpopular in Washington D.C., a city built on runaway power, but its objectivi Continue reading >>
Bitcoin (btc) And Ethereum (eth) Technical Price Analysis: Retreat Lacks Fresh Catalyst For Trend Reversal
Bitcoin (BTC) has again dipped below $8,000 level on the first day of the week. The larges cryptocurrency by market capitalisation is down 7% in the last 24 hours. The crypto market, on the other hand, has been very quiet over the weekend except for the President of the United States, Donal Trump signing into law the CLOUD Act. The bill is creating panic in the cryptocurrency space because it seeks to access more personal data belonging to the citizens in the name of improving security. Bitcoin price could be reacting to the traders shifting sentiments because it is barely a week since Edward Snowden, the whistleblower revealed that The US National Security Agency has been monitoring the activities on Bitcoin blockchain. Signing the CLOUD Act into has done very little to remedy the growing concerns about privacy on Bitcoin (BTC). Currently, BTC/USD is trading below the 50 and the 100 moving averages; both of which are gently sloping downwards to show that the sellers will continue to control the market in the short-term. Consequently, Bitcoin price is forming a stronger descending channel from the opening session on Monday. The 61.8% Fibonacci retracement level with the last high at $9,175 and $7,320 is now acting as the short-term resistance in the path recovery. The retracement level failed to halt the price during the recent declines. The immediate support level for BTC/USD is at $7,800; however, there is a downside trend forming near $7,900. Bitcoin price must start to correct high and maintain this support level to avoid further declines. If the battered bulls continue to give way to the sellers and the price dips below $7,800, the next stop for Bitcoin price will be the primary support level at $7,500. On the upside, the bulls need a catalyst to provideanchorage Continue reading >>
Ethereum Price Forecast: Ether Dips Below Key Support
Ethereum Price Forecast: Ether Dips Below Key Support Ether dipped below a key support at $510.00 against the US dollar. ETH/USD remains in a bearish zone with resistances near $515.00 and $525.00. Ethers price failed to hold the $510.00 and $500.00 support levels against the US dollar. A significant bearish trendline with current resistance at $515.00 is intact on the 2-hour chart of ETH/USD. ETH/BTC is holding the 0.0600BTC support, which is a positive sign. Technically, the 2-hour chart indicators are gaining downward momentum in the bearish territory. In the weekly analysis, we discussed the importance of the $500.00 support in ETH/USD. The pair failed to hold this level and declined further. On a positive note, ETH/BTC is still holding the 0.0600BTC support. Should the pair close below 0.0600BTC, the price could accelerate declines in the short term. Looking at the 30-minute chart of ETH/USD, there was a clear bearish break below a horizontal support at $518.00. As a result, there was a sharp drop and the price broke the $510.00 and $500.00 levels. A new weekly low was formed at $477.31 before buyers appeared. The last three 30-minute candles are pointing to signs of a recovery. However, there are many hurdles, such as $500.00 and $510.00. Moving up to the 2-hour chart, it seems like ETH/USD failed to break a significant bearish trendline with current resistance at $515.00. The current technical structure will remain negative as long as the price is below $515.00, but a successful 2-hour close above this level may perhaps decrease the current bearish pressure and open the doors for a fresh upward wave. On the flip side, the recent low of $477.31 may act as a decent support, the next buy zone being around $450.00. Overall, Ether could consolidate in the short term Continue reading >>