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Is Ethereum Going To Crash

Bitcoin, Ethereum, Ripple Prices Fall, $120 Bn Wiped Off Crypto Market - Business Insider

Bitcoin, Ethereum, Ripple Prices Fall, $120 Bn Wiped Off Crypto Market - Business Insider

A vertical stack of three evenly spaced horizontal lines. * Copyright 2018 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Cryptocurrencies swing wildly on Friday, with bitcoin falling as low as $7,700 per coin before rebounding sharply. Ethereum, Litecoin, bitcoin cash, and Ripple all followed a similar pattern. Concerns over regulation, an advertising ban from Facebook, and investigations into the cryptocurrency tether have all hurt sentiment during European trading. UPDATE: Bitcoin is back below $8,000 per coin on the morning of Monday February 5. Click here for the full story. LONDON Cryptocurrency markets are swung wildly on Friday, after a major early morning crash gave way to an afternoon rebound. During European morning trade on Friday, the price of virtually every major cryptocurrency dropped more than 15% as investors remained spooked following bitcoin's fall below the key $9,000 support level on Thursday. "The wheels are coming off the bitcoin bandwagon," Neil Wilson, a senior market analyst with ETX Capital, said in an email this morning. "The regulatory crunch appears closer than ever and sooner or later this market could be headed back down to earth. Selling pressure at the moment is intense as there has been nothing but bad news for bitcoin bulls of late." Bitcoin crashed as low as $7,700 during the collapse, losing roughly 15% of its value at one point. Other major cryptos fell even further, with Ethereum down as much as 23% at one point. By the European afternoon, however, prices have bounced back sharply, and by 4.50 p.m. GMT (11.45 a.m. ET) bitcoin was actually in positive territory on the day, trading at $9,130. Although there was no immediately obvious catalyst for the rebound, it coincid Continue reading >>

Cryptocurrency Market Will See Crash And Then Consolidation, Ethereum Co-founder Says

Cryptocurrency Market Will See Crash And Then Consolidation, Ethereum Co-founder Says

The cryptocurrency market will strengthen after bitcoin alternatives that lack substance have failed, a former chief executive and co-founder of Ethereum said. "My personal opinion is that we're going to see a consolidation after a crash," Charles Hoskinson told CNBC in an interview Friday. Hoskinson now runs blockchain research firm IOHK, but was previously in charge of Ethereum, which develops the underlying technology for the cryptocurrency ether (also known as ethereum). A number of alternative cryptocurrencies including Cardano, a cryptocurrency overseen by Hoskinson's company have rallied substantially in recent weeks as investors look beyond the most prominent cryptocurrency bitcoin. Ripple's XRP, for instance, temporarily overtook ether as the second-largest cryptocurrency in December. Blockchain, the technology that underpins cryptocurrencies, records all transactions of a digital currency on a dispersed network instead of one centralized server. Meanwhile, a slew of lesser-known digital tokens have surged to unprecedented levels over the last few weeks, sending the total market capitalization of all virtual currencies up to three quarters of $1 trillion. But Hoskinson raised concern about "unrealistic" cryptocurrency projects entering the space. "What's going to occur is a lot of these ventures that don't have strong fundamentals, don't have good tech, or just unrealistic projects, they will eventually run into some major wall they can't quite overcome. They will fracture up and you will see a lot of them are certain to fail." But the entrepreneur added that many of these cryptocurrency projects might not fail any time soon as they have enough funding behind them to sustain themselves. "The problem is a lot of them have a lot of money," Hoskinson said. "It's Continue reading >>

Ethereum Price Drop Today: How Low Will Ethereum Go? Why Is Eth Falling In Crash?

Ethereum Price Drop Today: How Low Will Ethereum Go? Why Is Eth Falling In Crash?

Ethereum price drop today: How low will ethereum go? Why is ETH falling in crash? Ethereum price drop today: How low will ethereum go? Why is ETH falling in crash? ETHEREUM plunged today in another cryptocurrency crash that has seen bitcoin and ripple both plummet into the red. How low will ethereum go and why is ETH falling? Ethereum is facing intense pressures as it fell below the $560 support against the US dollar again. A bearish trend line is forming, and the ETH token could continue to slide - with the possibility it could even break the $500 level. As of 12.30pm on March 18, the Ethereum price is worth $514 - a drop of some 13.6 percent today. Ethereum's market cap is recorded on CoinMarketCap.com as $49,557,599,964. Ethereum price: Cryptocurrency could SURGE after Playboy announcement How low will ethereum go? Why is ETH falling? Analysis from News BTC read: This past week, a major downside move was initiated from the $750 swing high in ETH price against the US Dollar. The price declined and moved below the $700 and $600 support levels. The decline accelerated recently and sellers succeeded in pushing the price below the $560 support. ETH price is now trading well below the $600 level and the 100 simple moving average (2-hours). The recent low was formed at $508 and it seems like the price may even not correct in the short term. Ethereum price drop: A bearish trend line is forming Ethereum price drop: Charts show ETH is falling The weekend trading on Saturday has seen the price slide to early December 2017 lows. CryptoOrder wrote: "During the decent, ETC/USD broke past several support levels at $600, $585 and $575. "The hourly chart shows that Ethereum price did not find support at any the retracement levels. "The price is trading below the 23.6% Fib retracemen 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 >>

Cryptocurrency Price Crash Will Burst Bitcoin, Ethereum, Ripple Bubble | Metro News

Cryptocurrency Price Crash Will Burst Bitcoin, Ethereum, Ripple Bubble | Metro News

There may be trouble ahead for crypto investors (Picture: Getty/Metro.co.uk) People who invested in Bitcoin and other cryptocurrencies could soon lose all their money. Thats the warning from the European Union , which said the surging value of virtual currencies is a bubble which could burst at any time. Bitcoin, the most famous cryptocurrency, soared by more than 1,000% in 2017 but has already lost about half of its value this year as governments around the world threaten a clampdown on the unregulated market. Its dramatic price collapse has been described as a cryptopocalypse and a bloodbath . Yesterday, the European Unions banking, securities and insurance watchdog said the information given to people who buy digital dosh is in most cases incomplete, difficult to understand, does not properly disclose the risks and may therefore be misleading. Virtual currencies such as Bitcoin, are subject to extreme price volatility and have shown clear signs of a pricing bubble and consumers buying VCs should be aware that there is a high risk that they will lose a large amount, or even all, of the money invested, the warning continued. The price of Bitcoin has been on a rollercoaster ride over the past three months (Chart: Coindesk) A probe was requested by European Commission Vice-President Valdis Dombrovskis, who said last month that the bloc must prevent cryptocurrencies from becoming a token for unlawful behaviour. There will be a meeting of key authorities and the private sector very shortly to assess the longer-term situation for cryptocurrencies beyond current market swings, he said. Last week Germany and France asked the Group of 20 Economies (G20) to discuss possible regulation for cryptocurrencies at its next meeting. Markus Ferber, vice chair of the European Parliamen Continue reading >>

Bitcoin Prices Crash Below $7,200 As Ethereum Drops Into The Red | Fortune

Bitcoin Prices Crash Below $7,200 As Ethereum Drops Into The Red | Fortune

Its been a nerve-wracking past few days for cryptocurrency investors. Bitcoin prices fell about 14% to $7,200 on Monday as major banks including Bank of America, J.P. Morgan, Citigroup, Capital One, Discover, and Lloyds say they have or plan to ban customers from using their credit cards to buy cryptocurrencies like Bitcoin. Adding to the slide: China said it would block websites offering cryptocurrency trading services and initial coin offerings using the Great Fire Wall . That comes after China banned cryptocurrency exchanges in 2017 . In the past week, Bitcoin investors have shed roughly $67 billion in value. The total value of Bitcoin in circulation is now around $125.8 billion as some investors worry about the digital coins long-term viability without the tacit support of major financial institutions. Its an even darker day for investors who may have bought into the asset at its peak of over $19,500 in December. Since then, the value of their stake has fallen 63%. Fellow cryptocurrency Ethereum, meanwhile, is also now in the red for the year. Once considered the only cryptocurrency of threeBitcoin, Ethereum, and Ripple as ranked by market capto have made gains in 2018, Ethereum shed some 15% in the past day and now rests at $748. Ethereum is down roughly 1% year-to-date. Ripple is down 67% in the same period to 73 cents, while Bitcoin is down 48%. Investors also have continuing concerns about whether Bitcoin prices may be inflated due to a fellow cryptocurrency known as Tether. Continue reading >>

Bitcoin Will Lose Its Crown Amid 90% Crash In Cryptos, Investment Bank Warns

Bitcoin Will Lose Its Crown Amid 90% Crash In Cryptos, Investment Bank Warns

Bitcoin will lose its crown amid 90% crash in cryptos, investment bank warns Investors should be prepared to see red, warns one investment bank. That crypto selloff earlier this year will seem like a minor tremor compared to the shaker headed this way, according a new report released Wednesday. Investment bank GP Bullhound predicts a heavy correction will obliterate cryptos by some 90% within a year, leaving few survivors. Clearly, theres some fat to be trimmed, considering theres more than 1,000 coins on the market. Read: Have bitcoin investors become irrationally bullish again? While this correction will be critical to cutting through the hype, its lack of impact on financial institutions will create new phenomena that we have never seen in any previous bubble burst, wrote Sebastian Markowsky, the lead author of the report. Nonetheless, once this crypto winter passes, the growth dynamics for the precious few survivors will be unprecedented. And therein lies the good news for the Ethereum faithful, according to this section of the 45-page report: People will become more cautious towards second generation protocols. Aspirational upstarts such as Dfinity, RChain, Cardano and Tezos will have to do much more than simply technically outperform to win market share. They will, however, keep the pressure on Ethereum to implement long overdue changes. Ethereum will keep its position as the clear leader and become the most valuable cryptocurrency by market cap. Ethereum has a long way to go if it wants to catch bitcoin. At last check, bitcoin BTCUSD, +3.26% was trading at $9,233.25, which puts it at $157.1 billion in market cap. Ethereum ETHUSD, +3.49% is in second place a $71.8 billion. Bullhound, however, isnt the only one bullish on Ethereum. DeVere Group founder and CEO Nig Continue reading >>

Bitcoin And Other Popular Cryptocurrencies Are Crashing Yet Again

Bitcoin And Other Popular Cryptocurrencies Are Crashing Yet Again

Ripples is the most significant drop, with the coin having lost more than 17% of its value compared to Sundays prices Ripple has been sliding for a couple of days now. Why are prices dropping again? Theres no good answer right now. Fears persist that more regulation is looming, and some investors may be worried about losing the fortunes theyve already invested in Bitcoin and other coins. Reports last week that South Korea and China are looking to regulate the crypto exchange business led to the price crash we talked about a few days ago. Right now, no real bad news can explain the new dips. Peter Boockvar, Chief Investment Officer at Bleakley Advisory Group, told CNBC the other day that Bitcoin might drop to as low as $1,000 this year. He added that the stock market could see some collateral damage, but it would be all psychological, not a sign theres something wrong with the economy. In a different CNBC report, Robert Shiller, Nobel-prize winning economist, told the network that Bitcoin will likely totally collapse, just like the tulip mania that captured the Netherlands centuries ago. He also agreed that Bitcoin might still be here in 100 years, though. Are there reasons to worry? Well, The Sun says that panicky Bitcoin investors struggle to withdraw their cash from money exchanges, as they fear virtual currencies will continue to collapse. And theyre now turning to other investments. European gold traders report a five-fold increase in demand amid fears that Bitcoin could crash, for example. Continue reading >>

Ethereum Crash Is Sign Crypto-mania Is Over

Ethereum Crash Is Sign Crypto-mania Is Over

Ethereum Crash Is Sign Crypto-Mania Is Over Building a brand-new cryptocurrency isnt as difficult as youd imagine. There are do-it-yourself guides available online. A simple Google search will return articles titled: How to Create Your Own Ethereum Token in an Hour, only to be one-upped by YouTube videos titled: How to Create Your Own Cryptocurrency in 15 Minutes. In 2017, the recipe for crypto success (or at least raising money) went like this: Publish a white paper and a road map that outlines your big idea, develop a token on a platform like Ethereum and then market this token directly to the public via social media. Raising startup capital no longer required painful meetings with venture capitalists and high-net-worth investors. No more wining and dining with Wall Street investment bankers to pitch to their investors. Better yet, no more Securities and Exchange Commission (SEC) regulations. With enough money to buy ads, anyone can build a large social media following. And with easy-to-launch crypto tokens, it became possible to turn this buzz into money via an initial coin offering, or ICO. It didnt matter if your crypto idea was terrible or your programming team lacked experience in blockchain development. If you had a catchy name and marketable logo, there was ample capital flooding the crypto markets looking for the next big decentralized idea. With a low barrier to entry and nonexistent regulations, entrepreneurs, speculators and (unfortunately) con artists jumped on the opportunity to create blockchain-based tokens, and sell them directly to the public. According to CoinDesk, crypto ICOs raised more than $4 billion in 2017, which was 100 times more than the total raised before the start of the year. In that same time period, CoinMarketCap estimates that the nu Continue reading >>

Cryptocurrencies Crash: Is The Boom Over For Bitcoin, Ripple And Ethereum?

Cryptocurrencies Crash: Is The Boom Over For Bitcoin, Ripple And Ethereum?

LiteCoin is going down with the market dip With at least a 50 percent retracement from the high in December, it does seem that the bubble has burst for some cryptocurrencies. Jordan Hiscott, chief trader at ayondo markets The speculation element to cryptocurrency trading was a clear driver in pushing up asset values. This is why I have some trepidation about the future of the asset class. The questions we have to ask ourselves is: are these genuine alternatives to fiat money for monetary exchange purposes, or are they turbo-charged speculation tools that create vast amounts of wealth? I really dont believe they can be both. For me, the opportunity cost is key do you want to spend your Bitcoins on a genuine monetary transaction if you have the fear that in one years time they could be worth three, four or even ten times at much? I would say probably not. Mr Hiscott added that he believes Bitcoin to be the most exposed cryptocurrency at present due to slower transaction times and its relative expense. Bitcoin, Ethereum and Ripple have all recovered since the market collapse earlier in the week with Ripple surging in value by 20 percent on Friday to $1.58. Uncertainty still hangs heavy over the markets with Indonesia being the latest South-east Asian country to outlaw cryptocurrency trading. Dennis de John, managing director of global trading site UFX, said the prospect of regulation from China and South Korea posed a real threat to the industrys future. He said: Its certainly a huge concern. Especially in South Korea, known for their hard-line stance on speculative investments. Cryptocurrencies crash: Which cryptocurrencies should you invest in now? Their government is posturing to crack down on the very exchanges and traders that initially seemed responsible for the str Continue reading >>

Will Ethereum Crash In 2018? 35 Possible Scenarios You Must Know

Will Ethereum Crash In 2018? 35 Possible Scenarios You Must Know

Its no secret that the Ethereum cryptocurrency value has an uptrend that sees it become most investors favorite blockchain platform. And naturally, ether (ETH), commands a massive interest from the corporate world as well as ordinary people who are out to make some quick bucks from the colossal ROI that Ethereum promises. In addition, the number of ICOs that have come up on Ethereums blockchain has ensured that the price of this crypto has risen again, even when it fell to all-time lows earlier in 2017. That aside, there have been mini-crashes before, like the one that scared investors on 27th June 2017. But the question on most skeptics mind is whether Ethereum is going to survive the next crash, or the bubble will finally burst. In short, are we primed to witness an Ethereum crash today? Will it be tomorrow? Or is it going to happen in 2019? Many investors, including some big shot companies, have chosen to go short on bitcoin and long on Ethereum. The reasoning is that even if it were to happen, Ethereums blockchain system, revamped recently by adopting a PoS application could wither another crash. That is what the optimist says. However, let us be pragmatic and examine the possibility of the fact that we could have Ethereum crash due to a network failure, government interference, issues related to trading failure or a domino effect from other spectacular crashes that could happen with any of the other cryptocurrencies. Will Ethereum crash due to technical issues? It is profoundly unfathomable, but trends around the world indicate that it is a possibility. We should be aware that a purely technical failure could affect Ethereums transactions triggering a downward trend that would affect prices, leading to panic sells and plundering Ether prices to the floor. If that Continue reading >>

Ethereum Price Prediction: Should I Buy Or Will Ethereum Crash?

Ethereum Price Prediction: Should I Buy Or Will Ethereum Crash?

Ethereum Price Prediction: should I buy or will Ethereum crash? Its 2018 and cryptocurrency is everywhere. Youre hearing about it on the news, at work, in the gym, and now even your Grandmother is asking you what it is. Two years ago, it was nowhere near as popular. It was only in 2017 that cryptocurrency really started to be noticed. In December 2017, the prices of cryptocurrencies got really, really high. The popularity of cryptocurrencies increased a lot. The cryptocurrencies that were talked about the most were Bitcoin and Ethereum. Bitcoin and Ethereum price predictions were in the news every single day. The future of Ethereum and Bitcoin were some of the biggest trends on Twitter, and they still are. In this guide, it is the Ethereum price prediction that I am covering. If youre interested in Bitcoin predictions, read our Bitcoin Price Prediction guide . Have a good understanding of how Ethereum predictions work Know what the experts think about the future of Ethereum Know how the Ethereum price has changed in the past Even be able to make your own Ethereum price prediction! Before I get started, you need to know a little about Ethereum. If you think you already know enough about Ethereum, you can skip this part if you want. (Scroll down to How an Ethereum Price Prediction Works). The second biggest cryptocurrency in the world It was the first cryptocurrency to use smart contracts It was founded in 2014 by Vitalik Buterin Put simply, Ethereum is a platform that lets you build apps on the blockchain (like the blockchain that Bitcoin uses). Think of Ethereum as an operating system, like Windows or Mac OS! The smart contracts that it uses are similar to invoices. There is one big difference, though. An invoice is paid manually, so the person waiting to be paid must Continue reading >>

This Weeks Bitcoin Crash Was All About Fraud And Regulation

This Weeks Bitcoin Crash Was All About Fraud And Regulation

This weeks Bitcoin crash was all about fraud and regulation Cryptocurrencies have had a rough week: the value of bitcoin plunged to a mere 50 percent of its 2017 peak, and other currencies, such as Ethereum, Ripple, and Litecoin have seen double-digit losses compared to their heights from last year. Tuesday also witnessed the collapse of BitConnect, an anonymously operated crypto exchange that had been repeatedly accused of running a Ponzi scheme via its proprietary BCC currency. Taken together, these events may simply act as another reminder of the volatility of the cryptocurrency market, which saw bitcoin rise to a peak of $19,783 on December 17th. Bitcoin has gone through multiple crashes before: in spring 2011, in November 2013, and in January 2017. However, this current bubble comes against a new backdrop: a global tide of regulation against the inchoate cryptocurrency industry. On one hand, these regulations may be scaring bitcoin investors into selling their coins now before the full impact of regulation makes itself felt. On the other, it may also be threatening suspect exchanges such as BitConnect, with its own token declining in value by 46 percent between December 17th and January 15th the day before it announced its closure. The value of Bitcoin plunged to a mere 50 percent of its 2017 peak In the United States, regulation has reared its head in the form of the SEC. Last month, its newly formed Cyber Unit pressed charges for the first time against PlexCorps, which was accused of defrauding investors through a questionable initial coin offering, or ICO. Almost a week later, SEC chairman Jay Clayton issued a warning on cryptocurrencies to investors, hinting that the commission would begin monitoring the market more closely for any potential violations of secu Continue reading >>

Cryptocurrency Crash: Bitcoin, Ripple, Ethereum Bubble Pops | Money

Cryptocurrency Crash: Bitcoin, Ripple, Ethereum Bubble Pops | Money

The cryptocurrency market, long described as a bubble thats bound to pop , is crashing hard this week. Several cryptocurrencies decreased by more than 25% over the past 24 hours, and $100 billion in value simply disappeared in a single day. Bitcoin, the leading cryptocurrency, is down more than 60% off its all-time high hit less than two months ago. The value of each unit of Bitcoin dropped as low as $7,700 on Friday, compared to $10,000 on Wednesday and around $20,000 at its peak in December. Other cryptocurrencies are plummeting in value as well, with Ethereum , Litecoin , and Ripple decreasing at least 25% over the past 24 hours. Ethereum dipped from $1,100 to as low as $830, while Litecoin fell from $150 to $115, and Ripple plunged from over $1 to $0.72. Lesser-known cryptos, like Stellar and Cardano, are down more than 35% in the past 24 hours, according to the digital currency-tracking site CoinDesk . Overall, the total market capitalization of all cryptocurrencies taken together has dropped more than $100 billion, the site reported. Ripple was a particularly hot cryptocurrency investment at the end of 2017 and start of 2018, skyrocketing from $0.25 to over $3 in less than a month. It is now down more than 75% off its peak, including a 35% drop just within the past 24 hours. In other words, if you invested $1,000 in Ripple yesterday, it could be worth as little as $650 today. Youd be in even worse shape if you purchased Rippleor Bitcoin, Ethereum, or any other cryptowhen the market was peaking. A $1,000 investment in Bitcoin in mid-December would be worth less than $400 right about now. Whats happening? Its difficult to explainother than saying that the drastic decrease in cryptocurrencies makes about as much sense as their insane rise in 2017. In other words: No Continue reading >>

Ethereum

Ethereum

use the following search parameters to narrow your results: include (or exclude) results marked as NSFW Welcome to r/Ethereum , the front page of the Web 3. No inappropriate behavior. This includes, but is not limited to: personal attacks, threats of violence, gossip, slurs of any kind, posting people's private information. Keep price discussion and market talk, memes & exchanges to subreddits such as /r/ethtrader Keep plain ICO advertisements to subreddits such as r/ethinvestor . Keep mining discussion to subreddits such as /r/EtherMining . No creating multiple accounts to get around Reddit rules. English language only. Please provide accurate translations where appropriate. Posts and comments must be made from an account at least 10 days old with a minimum of 20 comment karma. Exceptions may be made on a discretionary basis. Continue reading >>

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