CryptoCoinsInfoClub.com

Ethereum Price Recovery

Ethereum Crash Recovery Quickly Picking Up Pace

Ethereum Crash Recovery Quickly Picking Up Pace

Ethereum crash recovery quickly picking up pace Ethereum price firming, after being down as much as 27% on Tuesday Price produced a double bottom around $560 Ethereum price continues a strong recovery in late trading on Tuesday, after initial hard selling pressure, being down by almost 27% at one point in the day. The heavy selling was nervous anticipation heading into the SEC hearing to the Senate Banking Committee on Tuesday. Summary of hearing In summary, the SEC expressed their concerns particularly at much of the ICOs in circulation, warning of all the scams doing the rounds and this needing to be stopped. They expressed how they want to crack down, on those who are abusing participants enthusiasm within the crypto market. No mention or intention to surpress the whole crypto market, as some had feared. Looking at ETH/USD technically, the price hit a double bottom at $560, where the market has continued to recovery. In terms of next upside resistance, it may be seen around $765, 61.8% and then $853 50% Fibonacci. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss o Continue reading >>

Ethereum Price Is In The Green Again As Most Markets Begin To Recover

Ethereum Price Is In The Green Again As Most Markets Begin To Recover

Ethereum Price is in the Green Again as Most Markets Begin to Recover As is usually the case in the cryptocurrency world, losses are followed by gains and vice versa. In this particular case, most of the top currencies are recovering a lot of their value lost overnight. The Ethereum price is the first one to effectively go in the green in the top 10, although it is an ever so small gain. If the momentum can intensify, however, the Ethereum price may reach $750 sooner rather than later. After two days of solid declines, one would expect the cryptocurrency markets to slowly show a sign of recovery. It seems that is indeed what is happening right now, especially where the Ethereum price is concerned. With a small gain over the past 24 hours, things are finally looking up again. It is unclear if this is just a temporary trend or the beginning of another major bull run. Although a 0.73% increase in Ethereum price will not shock anyone anytime soon, it is still one of the more positive developments in the cryptocurrency markets right now. One has to acknowledge most markets are in a bad place right now, even though the situation is slowly improving as we speak. It only takes small upward momentum to trigger an avalanche of upward momentum, after all. For the Ethereum price, finding stability at $740 and potentially rising to $750 is of the utmost importance right now. It is also interesting to note how Ethereum is effectively gaining Bitcoin. Granted, this is another very minor gain over the past 24 hours, albeit it is the only positive development in the entire top 10 right now. A 0.67% increase in the ETH/BC ratio pushes Ethereum back over 0.0807 BC. A positive start, but it remains to be seen where things will end in a few hours and days from now. The bearish momentum has Continue reading >>

Bitcoin Price Holds Above $8,500 As Market Fights To Cement Recovery

Bitcoin Price Holds Above $8,500 As Market Fights To Cement Recovery

Bitcoin Price Holds Above $8,500 as Market Fights to Cement Recovery Join our community of 10 000 traders on Hacked.com for just $39 per month. The Bitcoin price held above $8,500 on Tuesday as the market fought to cement yesterdays widespread recovery. On Monday, the cryptocurrency market cap swelled by $45 billion , with virtually every top-tier cryptocurrency experiencing a double-digit percentage advance against the US dollar. The market ebbed from its intraday high leading into Tuesday morning, but it is still valued at $326 billion , which represents a 24-hour increase of four percent. This recovery has correlated with a decrease in the likelihood that the present G20 summit will produce a meaningful international framework on cryptocurrency regulations, though it is unclear what direct impact this development has had on the market writ-large. The Bitcoin price lagged the index slightly on Tuesday, rising three percent to $8,513 on Hong Kong-based cryptocurrency exchange Bitfinex. Bitcoin now has a market cap of $145.1 billion, which translates into a 44 percent share of the index. The Ethereum price , meanwhile, fared even worse, rising less than one percent for the day to a present value of $531. Ethereum now has a $52.6 billion market cap, providing the second-largest cryptocurrency with a market share of just under 16 percent. The wider altcoin markets posted generally-positive returns, with the days top performances coming from EOS and Cardano. Ripple, which was yesterdays large-cap leader, posted another solid gain with an index-matching four percent increase to $0.68. Bitcoin Cash also rose four percent, raising its price to $980, while Litecoin rose less than three percent to $160. The days top performances came from EOS and Cardano, which leaped by 20 pe Continue reading >>

Bitcoin Price - Live Updates: Value Spike Boosts Ethereum And Other Cryptocurrencies

Bitcoin Price - Live Updates: Value Spike Boosts Ethereum And Other Cryptocurrencies

Bitcoin price - live updates: Value spike boosts ethereum and other cryptocurrencies John McAfee reveals why he charges $105,000 for a tweet The price of bitcoin rose more than twenty-fold in 2017, generating huge amounts of interest in the cryptocurrency. After peaking at close to $20,000 in December, bitcoin's value fell to below $10,000 within a matter of weeks. This precipitated a market-wide crash that saw the price of ethereum, ripple and other leading cryptocurrencies tumble. More recently, bitcoin has shown signs of recovery but its price remains volatile. Its price is expected to continue to fluctuate unpredictably, and this live blog will be regularly updated with the latest news and significant changes. We spoke to some cryptocurrency experts to get their take on the unprecedented surge Why did bitcoin price spike? Experts explain extreme cryptocurrency value change Bitcoin is notoriously volatile. Since its inception in 2009, the cryptocurrency has experienced staggering price rises and vertical freefalls that often defy explanation - with some analysts deferring to a 2013 meme describing it as magic internet money. But even with this spiky history, bitcoins sudden price surge on 12 April was unprecedented. In less than 60 minutes, bitcoins value shot up by more than $1,000, driven by the biggest one hour trade volume in history of over a billion dollars worth of bitcoin. Against some analyst's expectations, bitcoin has maintained its recent price gains. Bitcoin is currently hovering just above $8,000, representing a 17 per cent gain since this time yesterday. The price of bitcoin has provided a well-needed boost for the cryptocurrency market,according to CoinMaretCap . Of the top five most-valuable cryptocurrencies,EOS experienced the biggest gains over th Continue reading >>

Ethereum Crash Recovery Stopped Short Of $800.00

Ethereum Crash Recovery Stopped Short Of $800.00

Ethereum crash recovery stopped short of $800.00 Ethereum price hit the resistance at $800.00 Canadian regulator wants Google to ban crypto ads While the Ethereum price recovered from Tuesdays low, the upside momentum is waning as the digital asset traders are still nervous about the global regulatory crusade against crypto. The US regulators believe that ICOs and other digital assets shall be regulated like securities, but not banned out of existence, though their Canadian counterparts are more hostile. According to Jason Roy, a senior investigator at the Manitoba Securities Commission in Canada and the chairman of Canada's Binary Options Task Force, believes that Facebook did the right thing when it banned Bitcoin and ICOs advertisements. Now its Googles turn to do the same as this type of content is dangerous for ordinary people. "There's just been an explosion of different ICOs and new tokens and crazy offerings. You're seeing ICOs that are raising large amounts of money and there's nothing behind them in certain cases, but members of the public are so hyped that they're throwing money at them," Roy told in the interview to The Times of Israel. Technically, Ethereum price holds well above $800, though it has retraced from the intraday high of $792.22 towards current level of $751.00. The short-term support is formed around $700.00, which is intensified by 21-SMA on the hourly chart . A sustained break below this level will take the coin towards $625.00 and then to the crucial support at $560.00. On the upside, ETH/USD needs to get above $800.00 for the bullish momentum to gain traction. Continue reading >>

Ethereum Price Recovering As Australian Banks Says No To Bannning Cryptocurrency Transactions

Ethereum Price Recovering As Australian Banks Says No To Bannning Cryptocurrency Transactions

Ethereum price recovering as Australian banks says no to bannning cryptocurrency transactions Major Australian banks say that cryptocurrency related transactions to continue The banks monitor cryptocurrency related transactions for illegal activities The second largest cryptocurrency by market capitalization, Ethereum is trading at $672. Ethereum like most of the other cryptocurrencies continued in a downward trend Tuesday. Monday trading was also on a sloping trend and remained in the red. Ethereum price has been declining from last week, and the price has dropped by over 9% since the opening of the trading session on Tuesday morning. The currency traded in the $600range in mid-December 2017 and reached an all-time high on 13th January 2017 trading at $1,300. The cryptocurrency has been dropping in price from the third week of January to date. Recovery is not sustainable as the speculation in the market continues to affect the price due to the impending regulations of the cryptocurrency market by governments. The cryptocurrency market on Tuesday received news that the major banks in Australia will not ban cryptocurrency transactions using its facilities like the credit cards. This news comes a day after Britains largest bank; Lloyds vowed to ban all purchases of cryptocurrencies using its credit cards sighting losses that could occur when the digital currencies lose value. The same step has been taken by various banks in the United States as well. Australia and New Zealand Banking Group (ANZ) told ABC News that it does not prohibit customers buying digital or cryptocurrencies, or accepting them as a form of payment. The banks spokesman added that the banks have to protect the interests of their customers. The said banks monitor cryptocurrency related transactions for Continue reading >>

Total Market Recovery On The Start Of The Weekend Bitcoin, Ethereum, Ripple

Total Market Recovery On The Start Of The Weekend Bitcoin, Ethereum, Ripple

Could that have been the bottom?Countless crypto-enthusiasts and traders are asking themselves if the prices that were experienced the past week were the lowest that the digital currency assets against the US Dollar will be touching. All the leading coins did plunge throughout the violent sellout breaking below many important supporting levels with no stop. Bitcoin [BTC] the leading crypto with a market capitalization of $120 billion [per all-time high $333 bil] broke below the $7,000 for a day now, which has happened only once since November 12 2017. The afternoon however, is looking very differently on the short-term manner as all the leading cryptos in the top-20 position by market capitalization are being hoisted by the bulls [except for TRON which is still on the red because of its heavy losses the last days.] The pair BTC/USD is trading at $7,081.49 per time of writing with 4.15 percent positive change [24h] while Ethereum follows in the same manner making it above the major $400.00 level [$403.11] with 6.47 percent increase in the last 24-hours. The third largest and very famous for having a unique marketing strategy Ripple is battling hard to keep its head above the $0.5100 level and not declining lower. As long as the above mentioned marks are not cleared out again and the buyers can hold position against bears for a couple of days, a reversal on prices could take place within a short time. On standard patterns, all the other cryptocurrencies follow Bitcoin and its market development majorly, however today the first to step on the green zone was Stellar Lumens as IBM did declare to be using its infrastructure for cross-border payments while taking the solutions and approach very seriously: Much more in Q2, 2018. Stellar Lumens (@StellarLumens) March 25, 2018 A Continue reading >>

Ethereum (eth) Making A Return, Price Shoots To $500

Ethereum (eth) Making A Return, Price Shoots To $500

Ethereum (ETH) Making a Return, Price Shoots to $500 Trading in Ethereum suddenly picked up with the altcoin boom, ending the temporary slide. Ethereum (ETH) showed it was here to stay, and escaped the trading scenario with lows predicted below $300. Now, ETH reached $500 again as all altcoins are climbing against Bitcoin. Trading volumes for ETH in the past month have been low, but consistent. There have been temporary spikes, and there is no certainty the recovery would continue. But ETH is yet another altcoin booming suddenly from what was seen as a bear market poised to continue for months. As ETH breaks price barriers anew from the recent dip, the price may see more dramatic jumps, based on emotion, or automatized bot orders. In the past, ETH has not stayed low for long. ETH continues to grow, with a net spike of more than 20% in the past 24 hours, to $510.36. What is curious is that ETH grows on its own accord, in speculative trading against USDT positions. On Binance, the pairing with USDT is more active compared to BTC trading, and sees the ETH price at a slight premium. ETH trading on Binance takes up around 10% of volumes now, about half the volumes of BTC trading. As altcoins and tokens are booming, the Ethereum project remains the most promising, due to the large ecosystem and the many ICOs. The Solidity language and the writing of smart contracts is becoming a more widespread capability, potentially boosting the influence of ETH in the coming years. Continue reading >>

Contentious Ethereum Fund Recovery Proposal Continues To Spark Debate

Contentious Ethereum Fund Recovery Proposal Continues To Spark Debate

Contentious Ethereum Fund Recovery Proposal Continues To Spark Debate Ethereum Improvement Proposal #867 has been closed and then reopened for discussion, with Github users posting negative opinions about it. The Ethereum Improvement Proposal (EIP) that led to the resignation of an EIP editor over his personal legal concerns has been closed, but an identical proposal has been reopened on Github to relatively negative fanfare. The original EIP proposal #867 was introduced by Musiconomi developer Dan Phifer as an option for how to more easily modify the Ethereum (ETH) Blockchain to redistribute address balances in the circumstance of lost funds. EIP editor Yoichi Hirai had criticized the draft for what he saw as its violation of a Japanese law about the creation of electromagnetic records, as well as it being at odds with Ethereum philosophy. When the original proposal was closed, the Ethereum Reddit community responded positively in a thread that congratulated the community, one user calling it a big win for the Ethereum community and network. Comments on Github on the opened version of proposal #867 showed the polarity of users views on standardizing lost fund recovery. User oxidizer called the proposal a Trojan horse for Ethereum, writing that adding a recovery mechanism, no matter the amount of refinement and "safeguards" put in place, weakens the protocol. User Aribo went into more detail about the functions of the Ethereum philosophy, stating that fund recovery is not the responsibility of the systems developers: Instilling the recovery of funds as a necessary function of the system is IMO misunderstanding the function of the system. Ethereum is not a bank or a private company that has profits/losses and investments. If someone loses money in the economic system cr Continue reading >>

Bitcoin Price: Value Of Popular Cryptocurrency Drops Below $9000

Bitcoin Price: Value Of Popular Cryptocurrency Drops Below $9000

Bitcoin Price: Value of popular cryptocurrency drops below $9000 Our up-to-date guide to Bitcoins price reveals everything you need to know about the value of Bitcoin in March 2018. Whats the latest Bitcoin price and is the value of the digital currency rising or falling? Lets take a look at how Bitcoins price looks today, and analyse the latest news and trends. And the decline has begun. Bitcoin started trading at $8895 on Thursday and had dropped to $8748 by 9:30 am GMT. Thats not a major decline around $16 per hour but if it maintains that momentum, the token could be worth less than $8500 by the end of the day down a little more than $500 from where it was sitting on Wednesday. It was worth $8703 at 1: 30 pm GMT. Bitcoin opened at $8915 on Wednesday and had climbed to $9059 by 9:40 am GMT. The value remained around the same mark throughout the rest of the day, crossing $9060 at 1:30 pm GMT. Trading closed at a not-so-impressive$8895, hinting that yet another significant drop in value is due in the coming days, contradicting a number of experts predictions. Bitcoin hasnt managed to snap out of its downward spin. Trading kicked off at $8594 on Tuesday, with the value dipping to $8403 at 9:35 am GMT. That could be the calm before the storm, however some experts predict that Bitcoin is preparing to boom and could be valued at as much as $10,000 by the end of the week. The token was worth $8547 at 15:20 pm GMT and closed at $8915. Bitcoin started trading at $8196 on Monday. The value was sitting at $8316 and had dropped to $8259 by the time we checked the ticker again at 1:05 pm GMT. Trading closed at $8594. Bitcoin Price: Saturday, March 17 Sunday, March 18 Bitcoin wasnt as active over the weekend as some would have predicted. The token idled between $7000 and $8000, h Continue reading >>

Ethereum Eth And Bitcoin Btc Price Technical Analysis: Bullish Pressure Returns Ahead Of G20 Summit

Ethereum Eth And Bitcoin Btc Price Technical Analysis: Bullish Pressure Returns Ahead Of G20 Summit

Ethereum ETH and Bitcoin BTC Price Technical Analysis: Bullish Pressure Returns Ahead of G20 Summit The Bullish Pressure Returns Ahead of G20 Summit.Bitcoin (BTC) and Ethereum (ETH) Price Technical Analysis The cryptocurrency market is showing green after a week rampant declines in the prices. The recovery recoil started on Sunday evening ahead of the G20 Summit in Argentina. The Financial Stability Board (FSB), the body that manages the regulations for the G20 group of countries said that it does not view cryptocurrencies as a threat to the financial stability. Therefore, it was taking a backseat from the regulations and policies that focus on the digital assets. The decision was communicated through a letter to the central banks and finance ministers of the G20 group of countries by the chair of FSB, Mark Carney. This news was the much-needed boost in a cryptocurrency market that was drowning in selling pressure. Recovery momentum began almost immediately with some cryptocurrencies recording over 30% increase in value. Bitcoin (BTC) price is up by 12% in the last 24 hours after recording lows of $7,360 on Sunday evening. The price then embarked on an upward trend which saw it go back to exchanging hands above $8,000. The largest cryptocurrency by market capitalization is currently trading at $8,310. BTC/USD is trading double tops, while the general trend in the market is bullish. Bitcoin price is trading above the 100 and the 200-simple moving averages. Both of the trend indicators are sloping upwards to show that the bullish trend is strengthening. The upside gains were capped below $8,700 with BTC/USD encountering stiff resistance at $8,660. Bitcoin price broke above the 61.8% Fib retracement level with the last high at $8,600 and a low of $7,360. BTC/USD immediate Continue reading >>

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash And Litecoin Starting To Recover

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash And Litecoin Starting To Recover

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Starting to Recover Share on Facebook Share on Twitter Share on Telegram Share on LinkedIn The cryptocurrency market continues to display strong volatility, but some coins are showing signs of recovery as of Friday morning. While drops are slowing down and becoming smaller, traders are again being offered a solid showing of just how vulnerable the cryptocurrency space remains. Bitcoin has fallen by more than $200 since our last price piece and is now trading for $7,502. The price experienced a serious drop earlier this week, toppling from over $8,000 to the mid-$7,000 range the lowest it has been since early April. Bitcoin is down 0.84% over the past 24 hours. These sudden and continual drops have raised serious questions regarding the vulnerability of Bitcoins price and its exposure to outside manipulation. Authorities from the United States Justice Department are now beginning an investigation of illicit trading practices and price manipulations in both Bitcoin and altcoin arenas. Related Story: DOJ Is Investigating Bitcoin Price Manipulation Representatives of the Department have explained that they will be examining specific tactics that can potentially cause negative swings in crypto prices. These include spoofing (also known as market rigging) and fake order market flooding, which can trick traders into poorly evaluated buys and sells. Federal prosecutors are also working with the Commodity Futures Trading Commission (CFTC) to gather relative data. Per University of Texas finance professor John Griffin , Bitcoin and cryptocurrencies remain heavy targets of criminals and illicit activity. As a teacher of monetary policy and regulation, Griffin has studied price manipulation in the past, including ma Continue reading >>

Eth Price Recovering Slowly

Eth Price Recovering Slowly

Quote from: VelascoMark20 on May 08, 2018, 03:55:48 AM I see, that's the bright side of the unstable price of the cryptos. I hope this will be the year for the ethereum and other cryptos specially bitcoin. yeah, its glad to know that the ethereum now are going back to its price even though it is little by little. in the past few months, the ethereum price are only at the 500$ and it is really sad dropping rate because others loss big money. but for now, the ethereum price are in the 700$-800$ now, I hope it will continue till this year end Good news is the eth uis gaining its momentum on his own line now i can see the chart as it was a prediction from a analyst he once told me to but eth in low price..... and im hoping to get some profit from eth as the preiction says that it will gain 1000$+ in this year Ethereum indeed had decreased. it will not last long, so Ethereum re-awakens their development. the result of the Ethereum price recovered slowly. so it needs to support Ethereum in order to keep on improving and bringing good and rising prices. Sandblock Decentralized consortium of brands and customers Good news is the eth uis gaining its momentum on his own line now i can see the chart as it was a prediction from a analyst he once told me to but eth in low price..... and im hoping to get some profit from eth as the preiction says that it will gain 1000$+ in this year This is good news if the price of ETH start to improve hopefully the price will be even better in the future And Raising BTC prices in the future ... Hopefully eth price can exceed the price of BTC Hopefully What we hope to achieve FLUIDAI AUTOMATIC SOFTWARE DEBUGGING (Good news is the eth uis gaining its momentum on his own line now i can see the chart as it was a prediction from a analyst he once told Continue reading >>

Ethereum Price Technical Analysis Eth/usd Could Recover Further

Ethereum Price Technical Analysis Eth/usd Could Recover Further

Ethereum Price Technical Analysis ETH/USD Could Recover Further Ethereum Price Technical Analysis ETH/USD Could Recover Further ETH price started a nice upside recovery and moved above the $710 resistance against the US Dollar. There is a key bullish trend line with support at $710 forming on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting lower, but it remains supported near $705, $710 and the 100 hourly simple moving average. Ethereum price is recovering against the US Dollar and Bitcoin. ETH/USD is now trading above the 100 hourly SMA and $705, which is a positive sign. After a major decline this past week, ETH price was able to hold the $635 support zone against the US Dollar. The price traded as low as $637.88 and started an upside move. It climbed higher and broke the $660 and $680 resistance levels. Buyers were even able to push the price back above the $700-705 resistance and the 100 hourly simple moving average. These all are positive signs and suggests that the price recovered nicely from the $637.88 low. It traded as high as $740.67 and is currently correcting lower. It is about to test the 23.6% Fib retracement level of the last wave from the $737 low to $740 high. However, there are many supports on the downside near the $705-710 zone. There is also a key bullish trend line with support at $710 forming on the hourly chart of ETH/USD. Moreover, the 100 hourly SMA is positioned near the $706 level to prevent declines. Lastly, the 38.2% Fib retracement level of the last wave from the $737 low to $740 high is at $701 to act as a support. Looking at the chart , the price remains supported on the downside above $702. As long as the price is above $700 and the 100 hourly SMA, it may bounce back and recover further. Hourly MACD Continue reading >>

Ethereum Price Today In Gbp And Usd Latest News As Coin Struggles Amid Cryptocurrency Downturn

Ethereum Price Today In Gbp And Usd Latest News As Coin Struggles Amid Cryptocurrency Downturn

Ethereum price today in GBP and USD latest news as coin struggles amid cryptocurrency downturn Players canbuy and sell virtual cats for as much as $10,000 withCryptoKitties based on the digital currency Ethereum DESPITE showing signs of recovery last week, digital currency Ethereum is slumping again with a value of 642.96 ($895.44). Overall, however, Ethereum has seen a dramatic turnaround since February 5, when its value slumped to just $578.43. Even still, this is way off its January 14 peak of $1,370.18. Here's everything you need to know about what's going on. The value of Bitcoin is been incredible volatile in 2018 CryptoKitties, dubbed the next big cryptocurrency, is a new application built on the Ethereum chain. It was launched on Thanksgiving and became available for transactions in December. Players canbuy and sell virtual cats for as much as $10,000, in a bid make hundreds of thousands more in real value. Users purchase their collectable kitties with Ethereum, and then breed them to create more kitties. Virtual kittens available for purchase on Ethereum's blockchain Each cat has its own set of genes, uniquely coded as "Cattributes". Users will make more money if their cat's genes are appealing to other players. The players can make two of their own kitties breed a third, or they can pay another user to mate with theirs - if they're looking for particular characteristics. But the kittens have a cool down period, restricting how fast they can make new ones, in a bid to limit inflation. Two boys arrested after CCTV showed thugs stamping on tram passenger 100 times Is the cryptocurrency as valuable as Bitcoin? Bitcoin has been struggling massively in 2018 and seen its value drop by up to half in what has been called the "biggest bubble in history". It's yet to be Continue reading >>

More in ethereum