Why Is The Ethereum Price Falling Today?
After a spike in value near the end of the year, cryptocurrencies across the board saw a massive drop. The Ethereum price seemed to be bouncing back, but saw a decrease in value of more than 5% today, and the reasons are so far unclear. It has been a rough couple of months for cryptocurrencies. In December, it appeared as if the Ethereum price showed no signs of slowing down, with these virtual investments across the board seeing highs that we had never seen before. This rise in Ethereum price brought in a lot of first-time investors who were, understandably, disappointed when the market proceeded to take a massive nosedive over the course of just a few weeks bringing cryptocurrencies right back down to where they were a few months before. The Ethereum price had shown signs of starting to increase, but today we saw a drop in the value reinforcing the idea that we can never be too sure of which how far and in which direction these cryptocurrencies will continue to move . Ethereum price, like the majority of cryptocurrencies, is largely tied to speculation. While traditional investments like stocks have their value determined by a real-world entity such as the performance of a company, cryptocurrencies have no such basis. As such, its very easy for the Ethereum price to rise and crash due to volatility that is inherent due to the crypto design. While the price has been all over the place over the past few years, The Ethereum price has generally trended upwards remaining at a massive increase since the same time last year despite the massive drop off we saw at the beginning of the year. Over the past few weeks, weve seen the price of most major cryptocurrencies start to recover, but this most recent drop reminds us that the current climate makes a market recovery anything Continue reading >>
Ethereum Trends: 2018 Predictions
In 2014, when then 20-year old Vitalik Buterin released the Ethereum blockchain, the crypto space was already rapidly filling up with different cryptocurrencies. Granted, most of them were mere Bitcoin spoofs but the market was slowly taking shape. Most developers seemed keen on improving on the perceived flaws in the Bitcoin protocol without offering much in the way of diversity. The ideas seemed to be the same, design a trustless payment processing cryptocurrency. The introduction of Ethereum changed all of that as the power of the blockchain was increased by several orders of magnitude. Where blockchain was hitherto confined to the payment processing arena, developers were now wiser to the fact that it could offer a lot more. From that time onwards, Ethereum has continued to grow considerably. To the casual observer, its achievements may seem small in comparison to the record-breaking Bitcoin. However, crypto enthusiasts and financial monitors know just how far the Ethereum cryptocurrency has come in such a short space of time. Ethereum has for the most parts maintained a hold on the number two position behind Bitcoin in terms of market cap. It is regarded as the most valuable Altcoin and is the basis for a great majority of the advancements in the crypto space. The focus of this article is to look at a few Ethereum price trend predictions for 2018. For all the many gains that Ethereum has enjoyed over the years, there is one benchmark that it wasnt able to attain until 2018. That benchmark was reaching the $1,000 market price milestone. Ethereum had a stellar year in 2017. It seemed for all intents and purposes that it had shaken off the turmoil of the DAO hack that occurred the previous years. In fact, many an expert had sounded the death knell for Ethereum. In th Continue reading >>
How Did Ethereums Price Perform In 2017?
How Did Ethereums Price Perform In 2017? By Joe Liebkind | Updated January 2, 2018 2:15 PM EST How Coinfloor's Bitcoin Futures Differ from CME, CBOE As the curtain closedon 2017, millions of investors looked back on what was likely the best year ever for cryptocurrencies no matter which they put their money in. Though the markets attention was firmly focused on bitcoin's impressive five-figure price tag, other cryptocurrencies achieved even greater gains. This is apparent when looking at how the industrys total market cap between cryptocurrencies has fragmented. Where bitcoin once represented over 85% of the total crypto capitalization in January 2017, it now stands at just 43% of the pie a year later. This is due to competition from other coins like Ethereum, but also the coins that were created with Ethereum itself. These new entrants captured the imagination of investors (and their money) in2017, managing in many ways to steal bitcoins thunder. Those crypto investors who resisted cognitive dissonance and held onto their coins for the entirety of 2017sawsome serious returns whenever they determine it was appropriate to realize their gains.Holding a single bitcoin from January through December 2017 correspondedto unrealized gains of around $13,500 at the time of this writing, while the same feat for one Ethereum rewarded around $750. Given this information alone, most would consider bitcoin the better investment, but not when theyre supplied with the starting price of each coin. Ethereums January 2017 price of around $7 means that it gained an astounding 10,000% in 2017. The star of the show, bitcoin, began the year at about $800 and managed to add about 1,500% to its price. "Ethereum has huge potential, 2017 was the year of ERC-20 tokens, but Ethereum has a lot more Continue reading >>
Ripples Token Price Hits $1 Amid Fresh Speculation That Coinbase May Be Listing Xrp
Ripples Token Price Hits $1 Amid Fresh Speculation that Coinbase May be Listing XRP The third-biggest digital currency is up more than 16 percent during trading Monday amid rumours that XRP could be joining crypto exchange Coinbase. According to CoinMarketCap, XRP, the native token for Ripple, is now trading above $1, at $1.05, pushing its market cap to more than $41.4 billion, at the time of publishing. The spike in price comes a day before Ripple CEO Brad Garlinghouses alleged appearance on CNBCs Fast Money on Tuesday. Also due to appear on the program is Asiff Hirji, Coinbase President and COO. Two other digital currency executives will also be in attendance. However, while this may simply be a panel discussion to talk about cryptocurrencies in general, this has, nonetheless, sparked fresh rumours that Garlinghouse and Hirji might take the opportunity to make an announcement. At present, San Francisco-based Coinbase offers trading for bitcoin, bitcoin cash, ethereum, and litecoin. Further details about the upcoming show remain limited, and neither Garlinghouse or Hirji have tweeted any information about show. Despite this, however, the XRP price has risen in the past 24 hours. If the rumours do prove true it would make the trading of XRP easier, enabling Coinbase traders to, once again, diversify their investment portfolios. Today also marks the start of the additional staff members working at Coinbase to help handle the volume of inbound support requests. Last month in a blog post , Tina Bhatnagar, vice president of operations and technology at Coinbase, wrote that the company would be adding approximately 500 staff members over a three-month period. The first group of 90 staff members will begin today with a group added each week until the 500 target has been reac Continue reading >>
Why Investors Are Flocking To Ether
I am a financial writer and consultant who focuses on investments. Investors have been buying ether, pushing it to a [+] [-] Investors have been piling in to Ether lately, a trend that caused this digital currencys price to reach an all-time high of more than $1,400 earlier today. Ether rose to as much as $1,417.38, representing amore than 17,000% gain since the start of 2017, according to CoinMarketCap . At the time of report, the digital asset had pulled back somewhat, trading at$1,304.03, additional CoinMarketCap figures reveal. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] The digital currency has been benefiting lately asinvestors rotate out of other cryptocurrencies and put their money into Ether, said analysts. Its the Ether show, said Arthur Hayes, co-founder and CEO of BitMEX , a Seychelles based P2P crypto-coin trading platform. Traders are profit taking on [Ripple], and now rotating to another altcoin. Marius Rupysus, a digital currency trader, offered a similar assessment: Ethereum is now getting the attention and speculators are exiting other cryptocurrencies to buy the best looking asset now. Traders have been rotating out of BTC for a while, saidTim Enneking,managing director of Crypto Asset Management . Now, they aredefinitely rotating out of Ripple into ETH. Jeff Koyen, CEO of 360 Blockchain USA , described the flow of money from other digital currencies to Ether as cross-crypto speculation. Investors arent taking money out of the market into fiat, he emphasized,a development thatbodes very well for crypto on the whole. This is Ethers moment in the sun, said Koyen, adding that it is very interesting to see Bitcoin stay Continue reading >>
Top 3 Ethereum Project Price Predictions For 2018
You might also like Litecoin Price Predictions 2018 I wrote this headline in June 2017, not sure if I should keep it when I will update the article next time. The price of an Ether should outperform that of a Bitcoin for the coming duration. What this means is that a dollar invested in Ether will return a higher ROI than investing the same dollar in Bitcoin. This indeed can be hard to believe in December 2017 when looking at Bitcoin price, but we all know that less than 4 weeks ago it was under $6,000. Most likely Bitcoin its being used by short term investors these days. In fact, the CEO of hedge fund Polychain Capital, Olaf Carlson-Wee, is of the opinion that the entire market capitalization of Ethereum will exceed that of Bitcoin by the end of this year. At least, thats his Ethereum price predictions for 2018. You can read here my BITCOIN PRICE Predictions for 2018 . There is plenty of evidence to support Olafs view. On the one hand, the previously mentioned 20-fold explosion of Ether in 4 months versus the 8.5 times growth of Bitcoin in a year and a half. Besides that, the fact that Bitcoin has lost almost half of its market share to Ethereum during the past four months. To put matters into perspective, four months ago, 90% of all money invested in cryptocurrency was invested into Bitcoin. Curiously, this number has dropped to somewhere around 45%. Conversely, Ethereums share of the total money invested has increased four times in size, making it approach the 30% area. Another indicator showing that Ether can overtake Bitcoin can be found by looking at whos backing each type of currency, as well as why they are backing said currency. Bitcoins focus on payment technology makes it popular with governments, such as Japans and Chinas governments. On the other hand, Eth Continue reading >>
Ethereum Price News: Will Cryptocurrency Ever Reach Wild Highs Of $100,000 Per Coin? | City & Business | Finance | Express.co.uk
Ripple price news: Why is ripple going down? Why is crypto falling? In that case, the market capitalisation would have the potential of reaching $100trillion (71trillion), leading us to believe the price of Ethereum might rise as high as $1,000,000 (716,870) per coin. However, the expert warned that price predictions should not be taken as gospel given the sporadic and often unpredictable nature of market prices. He went on: Given the sporadic and often unpredictable nature of cryptocurrency, many new traders turn to social media for answers. And its no wonder why: With the meteoric rise of cryptocurrency in the last two years, new investors are wondering if they can make massive returns and buy a castle in the San Francisco Bay Area. Compare crypto currencies (Ripple, Bitcoin, Ethereum, LiteCoin) on value, market cap and supply for the past year LiteCoin is going down with the market dip People tend to take price predictions as gospel and make poor decisions based on even the most tempered recommendations. A big topic of cryptocurrency speculation at present is the future of Ethereum (ETH). Will Ethereum ever reach $10,000 (7,168.70)? My answer is simple: I dont know, and Im not going to tell you that it will. But what I will tell you is how to figure this out for yourself by understanding market capitalisation. Mr Schuster explained that market capitalisation refers to the total value of a cryptocurrency and not just to the single price of one coin. He went on to describe that the current supply of Ethereum is estimated at 97million tokens. The expert declared: Market capitalisation goes a step beyond price to give more context to the total value of a cryptocurrency. Youve likely heard that Ethereum is worth many billions of dollars depending on the day. "The way to Continue reading >>
What Are Some Predictions For The Ethereum Price By 2018?
What are some predictions for the Ethereum price by 2018? I think there is a good chance Ethereum will be $500 by the beginning of 2018. Even though the price of Ethereum has already appreciated significantly in 2017, there is still significant upside from current levels. Rather than focusing on the price for now, lets look at the following charts: There were 38,730 transactions Ethereum blockchain on 1/1/2017 and there were 140,135 transactions on 5/17/2017. That is 262% growth in less than 6 months! While its foolish to extrapolate trends ad infinitum, its not hard to imagine that there could be another 200%-250% growth in transactions by the end of the year. Cryptocurrencies, like social networks, have extremely strong network effects. As the adoption of Ethereum continues to grow, its utility and value will grow exponentially. There is compelling evidence of this if we look at Bitcoin. On 5/16/2012 there were 14,892 transactions on the Bitcoin blockchain and 317,527 on 5/16/2017. That is a growth rate in transactions of 2,132% over the course of 5 years. Impressive right? Complete Bitcoin's Price Chart with Related Historical Events The price of bitcoin was $4.99 on 5/15/2012 and $1726.46 on 5/16/2017. During the same 5 year period, the price of bitcoin increased by 34,598%, outpacing transaction growth by a factor of 16.2. If you ignore the Mt.Gox manipulated price spike in 2013, you can repeat this exercise over any time frame and the result will be the same price increases exponentially relative to transaction growth. In fact, the price increases at slightly less than the rate in transaction growth squared. If we take the estimate of 2-2.5x growth in transactions by the end of the year and square it, we get 45.25x price appreciation. Applying that to the current Continue reading >>
2017 Was Bitcoin's Year. 2018 Will Be Ethereum's
2017 Was Bitcoin's Year. 2018 Will Be Ethereum's Dec 27, 2017 at 12:45 UTC|UpdatedDec 27, 2017 at 20:58 UTC Jez San is CEO of FunFair Technologies, an ethereum-powered casinoplatform. A vocal supporter and critic of blockchain technologies, San wasalso a pioneer in real-time, 3D games. The following article is an exclusive contribution to CoinDesk's 2017 in Review series. As a long time investor in bitcoin and cryptocurrencies, 2017 has been remarkable. But it's important to remember, this is really just the beginning. Despite the valuations, major protocols remain deficient in delivering value to users. Bitcoin with it'shigh fees and slow transaction times is hardly suitable for payments - spending the same fee whether you buy a coffee or send $100,000 is a joke and thepromise of scaling solutions such as the Lightning Network hasn't been fulfilled. Suffice to say, its new positioning as a store of value is precarious, even if,judging by the huge uptick in bitcoin price, the store of value narrative is winning for now. While there's no shortage of old and new believers to keep the party going, along with plenty of developers working to create better, forked versions of bitcoin, I'm betting my chips on a more flexible alternative. The door is wide open for blockchains that use smart contracts , like ethereum, and I believe their potential market dwarfs that of "store of value" chains. Platforms like ethereum are an operating system for decentralized finance and commerce. Think of bitcoin as DOS and ethereum as Windows or Mac OS. There is nothing wrong with DOS. It came first and was an essential part of the computer's success. Us geeks grew up on DOS, but computers only went mainstream when Windows and Mac OS appeared.DOS is difficult to learn, tricky to program and fe Continue reading >>
Eth/usd Live Price Updates - Ethereum Price
Ethereum and other blockchain assets can be easily traded at these platforms. Trade Ether and other cryptocurrency pairs. The price of Ethereum is quoted in US Dollars (USD) and is updated immediately as each trade occurs. The price chart above is updated in 5 second intervals and data is recorded for the previous 10 minutes. All price updates are made in real-time and so there is no need to refresh the page to view the latest price of ETH. Currently this live Ethereum price tracker is only quoted in USD. More currency pairs will be added to this platform should it prove popular. Remember that you can request features or new metrics via email or Twitter. Contact details are in the footer of this website. If you are looking for historical price data with minutely updates, see our Ethereum Price tracker . For those new to the market, the variation in price over a short period of time can be perplexing and a little worrying. Ethereum and other cryptocurrencies experience a huge fluctuations in price as speculators buy and sell the asset by the billions of dollars. Speculation is fierce as the rate of return for Ethereum investors has far outperformed mainstream stocks, shares and other asset classes. The price of Ethereum has increased from less than $1 in 2016 to well in excess of $1,000 at the start of 2018. It is not uncommon for a stock like Ethereum to lose 10 to 20% of its value in a 24 hour period; nor is it uncommon for the opposite to also occur. As can be seen by the historical price of Ethereum, the trend has been dramatically positive. Some contributing factors to this price volatility are: Ethereum is a promising new technology that could fundamentally reshape the way humans interact. New technologies bring with them an array of challenges, many of which have Continue reading >>
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 For 2017, 2018, 2019, 2020 And 2021
Ethereum Price Prediction For 2017, 2018, 2019, 2020 And 2021 Ethereum price equal to 739.46 dollars a coin. Today's range: $692.13 - $751.68. The previous day close: $699.09. The change was +40.37, +5.77%. Inverse rate: USD to ETH. Ethereum Price Prediction For 2017, 2018, 2019, 2020 And 2021 Ethereum price prediction for December 2017. In the beginning price at 431 Dollars. Maximum price $1141, minimum price $402. The average for the month $760. Ethereum price forecast at the end of the month $1066, change for December 147.3%. ETH to USD predictions for January 2018. In the beginning price at 1066 Dollars. Maximum price $1324, minimum price $1066. The average for the month $1173. Ethereum price forecast at the end of the month $1237, change for January 16.0%. Ethereum price prediction for February 2018. In the beginning price at 1237 Dollars. Maximum price $1535, minimum price $1237. The average for the month $1361. Ethereum price forecast at the end of the month $1435, change for February 16.0%. In the beginning price at 1435 Dollars. Maximum price $1538, minimum price $1336. The average for the month $1437. Ethereum price forecast at the end of the month $1437, change for March 0.1%. Ethereum price prediction for April 2018. In the beginning price at 1437 Dollars. Maximum price $1437, minimum price $1123. The average for the month $1301. Ethereum price forecast at the end of the month $1207, change for April -16.0%. Ethereum Classic Price Prediction 2018, 2019-2021. In the beginning price at 1207 Dollars. Maximum price $1498, minimum price $1207. The average for the month $1328. Ethereum price forecast at the end of the month $1400, change for May 16.0%. Ethereum price prediction for June 2018. In the beginning price at 1400 Dollars. Maximum price $1400, minimum pr Continue reading >>
Ethereum Price Tops $900 On Cex, Possible Haven For Investors
Ethereum Price Tops $900 on CEX, Possible Haven for Investors Matthew Hrones December 20, 2017 11:30 pm Almost every single crypto-currency has seen massive gains in the past few months, Ethereum included. But with the recent news about Bitcoin Cash being listed on Coinbase, much uncertainty has been thrown into the market. Ethereum has more than tripled in the past three months , with the market price at $255 just three months ago to over $800 today. The rally appears to not be stopping, however, as some exchanges are posting numbers well above market price. On one exchange, CEX.io , the price broke through the $900 barrier. While it has dropped since, its clear that as people start researching Bitcoin and digital currencies in general, altcoins are valid options for those looking to diversify. Ethereum has been around since 2014 and its native currency is the Ether. It touts itself as a Smart Contract Platform, as opposed to Bitcoin being a payment platform. A smart contract is simply a piece of software that executes an action, and once executed cannot be stopped/altered. Since it is all code, the contract can be audited and verified that it will do exactly what the developer says it will do. An example smart contract on Ethereum. Source: Here is a very simple example of a smart contract. Lets say Im a YouTuber, and youre a company looking to advertise on my videos. I put a short ten-second ad at the beginning of each of my videos, and in return, youll pay me $1 for every 1000 views. Now I could trust you so that when I reach a view threshold, youll pay me. Or we could get a third party involved to ensure I get paid. But with a smart contract, it could automatically pay me. It could check the YouTube video statistics for views every so often, and pay me accordingly. Continue reading >>
Bitcoin Trading Alert: Ethereum Price Analysis, Possible Top In Bitcoin
Bitcoin Trading Alert: Ethereum Price Analysis, Possible Top in Bitcoin Bitcoin is firmly in correction mode, so the attention of mainstream media shifts to other cryptocurrencies which might not be done going up for the moment. In an article on Yahoo Finance, we read : () bitcoin is actually on the lower end, as far as cryptocurrency volatility goes. Ethereum has increased more than 100-fold over the past year, while Ripple has more than doubled within the past week alone. Here are the key takeaways. First, it's important to realize that some of these performance figures are simply not sustainable. For example, if Ethereum were to rise another 10,767% over the next year, the digital currency would have a $8.9 trillion market cap. In other words, don't buy any digital currencies and expect the same performance going forward. Most importantly, any asset that can double, triple, or more in such short periods of time is a speculative asset, not an investment. Put another way, if it can double in a week, it could also get cut in half in a week just as easily. Given cryptocurrencies' current volatility, they are far closer to lottery tickets than to stocks and bonds on the risk spectrum. It might well be the case that Bitcoin is the most popular digital currency by market cap and focuses the attention of speculators quicker than other digital currencies. Were seeing Bitcoin correct now but Ether continues to rise (at the moment of writing these words). This would support such a conjecture. Also, historically, periods of strong appreciation in cryptocurrencies tend to coincide. This might also mean that if Bitcoin is up for a correction, then Ether and other digital assets are facing a similar move in the near future. Ultimately, the very recent appreciation in cryptocurrenc 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 >>