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Why Ethereum Is Going Down Today

Why Is Ethereum Going Down Again?

Why Is Ethereum Going Down Again?

Market correction. Thats absolutely normal and has happened before. If you dont believe this, you can check and do graphic analysis for previous weeks, and previous years. The price went too far ahead of the real value, and its a damn right time for correction. As people noted, both Ethereum and Bitcoin got short-term internet hype from news about rapid price increase due to activity on the Asian market, and attention from large investors. That generated FoMo - fear of missing out, and a lot of people, who have never dealt with cryptocurrencies started to invest without basic knowledge about technology and platforms behind cryptos. Fear is dominating right now. You can check questions on Quora that are one week old, and the majority of them are: when will Bitcoin reach 3,000?, Will bitcoin ever reach 100,000, Will Ethereum reach 1,000 in August?. Thats an indicator of greed. People were greedy, bullish and very optimistic. Now, you have people asking Why is Ethereum falling?, will Bitcoin collapse?, is it the end of crypto market? I like fear because it lowers prices, and allows you to buy more coins at a cheap price for long-term investments. I like to play this sort of game. I have done that before and it has always worked for me. The fact that so many people are looking for leaders who will tell them Why is it growing, why is it falling, Should I invest in , Should I sell my indicates that people dont really know what they are doing, and have no clue about this market. No wonder why people start pulling out their money during small corrections and invest during price peaks, right before falls. People constantly fall into obvious bull traps. Impatience. People invest their money after 100%500% growth and expect further double or triple growth of their investment with Continue reading >>

Bitcoin And Ripple Are Falling While Ethereum Hits A New Record High

Bitcoin And Ripple Are Falling While Ethereum Hits A New Record High

Bitcoin and Ripple Are Falling While Ethereum Hits a New Record High Ethereum is once again the second-largest cryptocurrency. Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work! Follow @TMFMathGuy Monday is turning out to be a rough day for cryptocurrencies. Not only is bitcoin down by about 7%, but nine of the top 10 cryptocurrencies are in the red today. The sole exception is Ethereum, which hit an all-time high Monday after a positive report on the currency's transaction volume. Here's a rundown of the price action in the cryptocurrency markets today and over the weekend, and what could be causing these moves. Here's a look at the 10 largest cryptocurrencies by market capitalization, and how much each has changed over the past 24 hours, as well as the change since before the weekend. Data source: www.investing.com. Prices and daily changes as of 2:40 p.m. EST, and prices are rounded to the nearest cent where appropriate. As you can see, cryptocurrency prices are down nearly across the board. The sole digital currency in the top 10 up for the day is Ethereum, which we'll get to in a bit. Bitcoin dropped more than 7% after surging late last week. According to Coindesk, fears that China may get tough on bitcoin miners could be weighing on the currency. After all, China accounts for over two-thirds of all bitcoin mining activity, and a crackdown on Chinese mining operations could produce negative pressure on bitcoin. According to people familiar with the matter, China intends to limit power use by miners. (Note: If you're not famil Continue reading >>

This Is Why Bitcoin And Ethereum Are Going Down.

This Is Why Bitcoin And Ethereum Are Going Down.

If you look at the weekly charts of both Bitcoin and Ethereum, you will noticed that they pretty much just completed their FIRST RED WEEK since this "bubble" started. THAT'S OKAY! Really. Nothing goes up forever, and profits will be taken. At the moment, Ethereum appears to be just scratching the surface of a second week in the red, but only time will tell. Bitcoin actually had a second red week, but it was a blip on the radar. I wanted to look at the coinmarketcap for these currencies. Two weeks ago, I chronicled Ethereum's breakneck gain on Bitcoin in market cap. Since my most recent market cap analysis, the two currencies have finally DECREASED in total market cap (evidence also seen in price decrease). Bitcoin's market cap decreased by less than 1 billion dollars (1/53). But Ethereum? Down a whopping 9 billion (28/37 from two weeks ago). Why might this be? Why the relative stability in BTC but not ETH? Here I will muse. Both took a needed correction, but Bitcoin's correction started 1 week earlier (BTC peaked on June 11, 2017 and market cap was > 47 billion). All markets are cyclical. Nothing goes up forever. Take a deep breath and understand that this will only be temporary. New ICOs. Bitcoin and Ethereum became "cost prohibitive" in many people's minds--and those same people wanted to get on the band wagon of newer cheaper ICOs. The appeal of these new ICO's, of course, is multiplication. You can think of it that way, and that's fine. But a more realistic way of thinking about your investment portfolio is to consider TOTAL PERCENTAGE GAIN on investment. Does it matter if you have 1,000,000 coins of BatShitManiaCoin, or just 10 Litecoin? Not really if both investments are $300 and each gains 10%. People who were already in crypto moved their money out of Bitcoin ( Continue reading >>

Crypto Watch: Ethereum On The Rise -- Ether (eth) Price Up 24% In 2 Days

Crypto Watch: Ethereum On The Rise -- Ether (eth) Price Up 24% In 2 Days

Crypto Watch: Ethereum On The Rise -- Ether (ETH) Price Up 24% In 2 Days I cover the human side of VR/AR, Blockchain, AI, Startups, & Media. Opinions expressed by Forbes Contributors are their own. A replica "ether" cryptocurrency coin in seen in this photo illustration on November 8, 2017. Ether is a token in a distributed network computing system named Ethereum which allows the cryptocurrency to be used and traded. (Photo by Jaap Arriens/Sipa USA) (Photo by Jaap Arriens/NurPhoto via Getty Images) Ether (ETH) maintains #2 spot by market cap andbecomesthe sixth-fastest growing cryptocurrency in the world. Where December saw major gains for the global cryptocurrency market, January has seen a series of corrections that have brought it back closer to pre-December numberstemperingsome of the community'swild excitement and runaway speculation. In general, even coins exhibiting positive growth are doing so more modestly than the 100+ percent gains we routinely witnessed last month. In particular, Ether, the native asset of Ethereum, has seen its share of volatility, at one point dropping from $1426.34 to $780.92a drop ofover 45 percentin just 4 days. [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.] But the past few days have shown Ethereum making a comeback. According to CoinMarketCap, the price of ETH was $998.03 at 2:04am PST Friday, Jan. 26. By12:15pm on Sunday, Jan. 28, that price is now$1,236.18. This marks a growth of just under 24 percent in just over two dayswith a 15 percent bull run occurring overnight Saturday into Sunday. Continue reading >>

Coinbase Is Reimbursing Losses Caused By The Ethereum Flash Crash

Coinbase Is Reimbursing Losses Caused By The Ethereum Flash Crash

Coinbase is reimbursing losses caused by the Ethereum flash crash Relevnt launches a publisher-centric news app Earlier this week, GDAX, the digital currency exchange run by Coinbase, experienced a flash crash in its USD Ethereum market. Within seconds the price of ETH crashed from ~$320 to as low as $0.10. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. While many initially thought the flash crash was the result of nefarious work, GDAX eventually confirmed that there was no indication of wrongdoing or account takeover. Instead, the flash crash was the result of someone placing a multi-million-dollar sell order at market price, meaning ETH would change hands at whatever price bidders were currently offering until the entire order was filled no matter how much lower the price was than the current price of ETH. Filling this order caused ETH prices to instantly slip 30% to $224 which in turn caused 800 stop loss orders and margin liquidations, which further drove the price down, to as low at $0.10. Typically, someone placing a large sell order would liquidate their position over time to minimize the downward effect on price. Also, GDAX reminds users who are about to initiate large sell orders that it will cause slippage in the market, meaning this trader most likely didnt care (or didnt understand) that his trade would move the market. For anyone not familiar with trading and exchanges, a stop loss order is an order to sell stock (or cryptocurrency) when the price drops to a certain level. Its basically used as a way to cut your losses. Additionally, a margin funding liquidation is when you borrow funds to go long and bet that an asset will rise in price Continue reading >>

Cryptocurrency Crash: Why Ethereum Is Falling Down Today? | Forecast

Cryptocurrency Crash: Why Ethereum Is Falling Down Today? | Forecast

Cryptocurrency Crash: Why Ethereum is falling Down Today? | Forecast crypto | December 22, 2017 | JIO Phone | No Comments Today morning everyone is shocked because along with Ethereum all other cryptocurrency prices dropped with more than 20% percentage as whole world wanted to know what happening to cryptocurrency, is it cryptocurrency crash?, here we begin as when bitcoin and Etherem prices was starting increasing with huge peak rate at initial week of December month which result December turning out to be best month of cryptocurrency in this year because from becoming popular in investment category along with this coin market also become highest search topic in many search engine, but now its really surprising because generally there 5 to 6 cryptocurrency falls on same day but today is different for cryptocurrency world because only Ripple coin is survive in this breakdown but other cryptocurrency prices are dropped by 40% average drop rate. Top 10 Reasons Why Ethereum is Falling Down High Price: Etherum is started with average price but in last three Month Ethereum prices almost reach to 800 USD so as compare to Litecoin, Ripple and Cardano its really high so investor not showing interest right. Often Fluctuation: from 2nd week of December price difference as compare to Bitcoin, Bitcoin cash and Ripple is really low which result Ethereum now getting low response from Investor. Mysterious Name: there many mystery in name of Ethereum and there rumours that Ethereum will dump investor in future according many trader report. Hacker Attack: many hacker from South Korea and other country targeting top cryptocurrency whose prices and market cap is in top 5 position. Low Security: Ethereum security is creating power in terms of trust of investor and user later now team is Continue reading >>

Why Is Ethereum, Bitcoin Crashing? Cryptocurrency Reacts To Rules

Why Is Ethereum, Bitcoin Crashing? Cryptocurrency Reacts To Rules

Why Is Ethereum, Bitcoin Crashing? Cryptocurrency Reacts to Rules Whether it's a long-term dip is another question. Cryptocurrency had a bad day on Friday, with over $100 billion in total market value shed over the space of 24 hours. The industry faces regulations from India, South Korea and others, while controversies surrounding exchanges have caused fear among investors. However, watchers following the market are less concerned that this points to a long-term drop. Losses were reported across the board . Bitcoin cemented its position below the $10,000 mark, dropping nearly seven percent over the space of 24 hours to reach $8,703. Ethereum dropped 15 percent to reach $927.78 per token. The worst performer of the day, Ardor, dropped almost 25 percent in value to reach a total market cap of $470.7 million. Out of the 100 largest cryptocurrencies, 92 reported losses over the 24-hour period. But while the short-term figures seem bad, watchers are less concerned as they see long-term value in cryptocurrency. Weve been here a thousand times before, its gone up, its gone down, its not new, Chris Wilmer, professor at the University of Pittsburgh and co-author of Bitcoin for the Befuddled, tells Inverse. Wilmer pointed to a 2011 article in Wired entitled The Rise and Fall of Bitcoin where the price dropped from $29.57 to less than $5. Bitcoin would go on to reach highs of $19,535 in December 2017. The revolution will not be televised. It'll be sent to your inbox by us. In the cryptocurrency subreddit, users shared tips about the ongoing dip. A user called ninemiletree , whose comment reached the top of the daily discussion, quelled fears about a permanent drop: Cryptocurrencies are here to stay. They will only get bigger, more ubiquitous, and more well adopted. As they grow, Continue reading >>

Ethereum Price Analysis: June 8 - 13

Ethereum Price Analysis: June 8 - 13

The weekly price analysis for Ethereum and Ethereum Classic. Ethereum price has been reaching new heights. Singapore news could be the trigger. The central bank of Singapore, MAS, has decided to implement Blockchain to tokenize the national currency. As expected , the pullback from $200 to $140 became a possibility for growth over $250. Given the fact it was a long term correction, the growth was correspondent, more than 200 percent from the $140 correction peak. You could see big sells and the tendency break at the current uptrend peak. That is why it is possible to state the $140 wave might be over. New Metropolis version testing is now well under way. Help Wanted: Metropolis QA/Testing. Exciting opportunity to support the Ethereum ecosystem! Ethereum (@ethereumproject) June 2, 2017 The current growth may be partially connected to the fact that this version can increase the demand. Its worth mentioning that the demand is higher at $400 than it was at the previous $270 peak. All of this indicates that Ethereum is still considered to be a good investment move. Provided this interest continues, the $1000 mark for Ethereum is quite probable by the end of August. As for the current trend key level, the $300 point is the most likely correction peak for the upward trend. If the trend moves to this area and the demand stays the same, there will be a new growth wave. If the trend goes down to $300, the growth is quite unlikely. The price can even go down to the starting point in the $250 area. Ethereum Classic uptrend continued after the long flat. But it didnt last long. Having reached the upward peak, the demand sharply increased and that was a great opportunity for big sells. Major traders used this opportunity and the price dropped to $15. Currently, no clear trend can be 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 >>

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

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

Ethereum price news: Why is ethereum dropping today? ETH going down The second archest cryptocurrency by market cap has suffered new losses today in a morning where all the major cryptos are in the red. ETH dropped down to $896 today, a loss of 5.01 percent, as of 10am. The market cap currently stands at $89.55 billion and some$1.58 billion was traded on exchanges over the past 24 hours. But why has the token fallen into the red today, February 21? The cryptocurrency largely held steady at around the $900 mark in February, apart from a drop to $585 on Feb 6 - recovering the following day. But today Ethereum dropped below the $900 mark again as all other cryptos also recorded losses. Ripples price dropped to 1.06 today, as of 8.20am on February 21, down 7.69 percent. Bitcoin was also down by -2.85 percent, recording a price of $11,175.70. It is currently unclear why the cryptos have suffered losses today, but market volatility is high in the cryptocurrency world. Todays dip comes after President Nicolas Maduro revealed Venezuela had received $735 million in the first day of a pre-sale of the country's "petro" cryptocurrency. Aimed at pulling the country out of an economic tailspin, the government is developing what is being described as an Ethereum-based token, called the Petro. Dr Daniele Bianchi told Express.co.uk that, just like an Initial Coin Offering (ICO), the Petro will be introduced through a pre-sale which will offer the new cryptocurrency at a discount. Mr Bianchi says that, rather than a cryptocurrency, the Petro is really an Ethereum-based token like many others being seen in the ICO eco-system. 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 >>

Ethereum Price Drops Below $800 As Bears Take Control

Ethereum Price Drops Below $800 As Bears Take Control

The cryptocurrency marketsare always evolving in many different directions. Right now, the overall sentiment is pretty depressing, as the markets have gone down in value for quite some time now. With some markets losing 10% in value or more, things are not looking all that great. Especially the Ethereum price is struggling as of right now, for some reason. Anyone who has paid attention to cryptocurrency markets this year will have noticed things are not going exactly as planned. This is especially true for people who have high hopes for the Ethereum price , as things have ground to a halt some time ago. After surpassing $1,000 last year, the Ethereum price has not been close to hitting that target again for over a month now. It doesnt appear we will see that high Ethereum price anytime soon either. Over the past month, it has been pretty evident the Ethereum price is struggling for traction. Although there was a push to $1,000 a few weeks ago, this trend did not materialize in full Instead, things took a turn for the worse once again, as the Ethereum price has been on a steady decline ever since. After dropping below $950 again, the Ethereum price quickly dipped to $900, $850, and is now struggling to reclaim the $800 level. This is partially due to the recent Ethereum price decline of 7.62%. Although Ethereum has not suffered from much of a loss compared to the Bitcoin value itself, Bitcoin is certainly dragging all altcoins with it at this rate. Unless Ethereum can gain momentum over Bitcoin, the USD value of this altcoin will not go up anytime soon. Moreover, with the ETH/BTC ratio declining as well, there is no Ethereum price improvement in sight as of right now. With $1.9bn in 24-hour trading volume , things are not looking all that bad for Ethereum as of right no Continue reading >>

Game Over: Crypto Vigilante Shuts Down Twitter's Favorite Dapp

Game Over: Crypto Vigilante Shuts Down Twitter's Favorite Dapp

Game Over: Crypto Vigilante Shuts Down Twitter's Favorite Dapp Feb 20, 2018 at 17:00 UTC|UpdatedFeb 21, 2018 at 13:10 UTC A red-hot ethereum game is off the market, collapsing Tuesday in a complex tale involving crypto-economics, community backlash, and finally, a sudden takeover. Launched just earlier this month, Crypto All Stars was an instant hit, with over $2 million in ether passing between users, according to data from dappradar.com . Like CryptoKitties before it, Crypto All Stars allowed users to trade digital cards adorned with original designs, however this time, there was a twist, one tailor-made for community engagement. A digital marketplace for Twitter's favorite crypto personalities, Crypto All Stars allowed users to trade the likenesses of the technology's biggest names, from litecoin creator Charlie Lee to AngelList co-founder Naval Ravikant to infamous blogger Bitfinex'd. And in its week-long run, the game became something of a small meme sensation - bouncing only 100,000 views below its competitor, CryptoKitties, according to site data from alexa.com . But while the platform attracted its share of fans, it also garnered critics who questioned whether it was designed with the proper incentivizations at play. Indeed, one user seems to have become so disenfranchised with the game that they ultimately purchased it only to shut it down. At press time, the Crypto All Stars website no longer displays its original advertising, but rather a message from its pseudonymous buyer explaining why the popular game will no longer be available. Written by "Mexicantarget," the post has become the talk of Twitter, as it alleges that the original founders were simply out to scam unsuspecting buyers. "I've been fighting against scum like you who create Ponzis and get peopl Continue reading >>

Ethereum Price: Why Is Ethereum Dropping Today? Latest Cryptocurrency Crash

Ethereum Price: Why Is Ethereum Dropping Today? Latest Cryptocurrency Crash

Ethereum price: Why is Ethereum dropping today? Latest cryptocurrency CRASH Ethereum price: Why is Ethereum dropping today? Latest cryptocurrency CRASH THE price of Ethereum has slumped today along with rivals Bitcoin and Ripple in the latest cryptocurrency crash. But why is Ethereum dropping today? Ethereum , the second largest digital currency, dropped by 9.78 percent over the last 24 hours, falling to $621 at 7.05pm on March 14 after opening at $690.83. At 9.04am, the token fell further and exchanged hands at 438.37 ($611.90), down 0.51 percent on opening today. The value of the cryptocurrency has plummeted by 16.77 percent in the last week, when Ethereum was trading at $745.19 on March 7. The current slump is being felt across all cryptocurrency markets, amid the threat of regulation. Ethereum, along with all other cryptocurrencies, is currently in the red. The crypto market is currently being battered by warnings about its volatility with warnings that the bubble is about to burst, following a bad week. Last Wednesday, the Securities and Exchange Commission (SEC) vowed to regulate cryptocurrencies at the same time that traders were rattled by claims of hacking in the market. And a sell-off of crypto assets by a Japanese bitcoin holder known as the Tokyo Whale - added to chaos in the crypto world. Ethereum co-founder Joseph Lubin, and chief executive officer at Consensus, said it is "hard to tell" whether the cryptocurrency has lost its appeal but rejected claims that the bitcoin bubble has "burst". Speaking on Bloomberg News, Mr Lubin said: "We are so focused on building decentralised applications on the ethereum platform where we are so much less focussed on cryptocurrencies like bitcoin. Consider ether to be a crypto fuel that powers applications on the decentra Continue reading >>

Ethereum Briefly Crashes 20% To 7-week Low Amid Worries About Rival Bitcoin's Future

Ethereum Briefly Crashes 20% To 7-week Low Amid Worries About Rival Bitcoin's Future

Ethereum briefly crashes 20% to 7-week low amid worries about rival bitcoin's future Ethereum leaped several thousand percent this year to a record in June. Prices have been falling steadily since then. Bitcoin prices also fell Sunday amid concerns about a potential split in a few weeks. Prices of digital currency ethereum plunged more than 20 percent Sunday morning, amid concerns about the recent price surge and the future of bitcoin. Ethereum hit a low of $130.26 around 9 a.m., ET, down 22 percent from Saturday night's prices and the lowest since May 27, according to TradingView charts of Coinbase data. As of midday Sunday, ethereum traded near $159, down about 60 percent from a record $420 hit on June 12, but still up about 1,800 percent year-to-date. No specific reason for the move was apparent. Digital currency experts pointed to a combination of factors, including worries about a potential split in bitcoin and blockchain startups possibly selling the large amounts of ethereum they have raised in the last several weeks. Known as initial coin offerings, the fundraisers have gained about $1.2 billion this year, with about $600 million raised in the last 30 days, according to a July report from financial research firm Autonomous NEXT. Bitcoin also dropped, falling about 12 percent from above $2,000 to below $1,800 Sunday morning, before recovering to trade near $1,938 as of 1:07 p.m., ET, according to TradingView. Bitcoin has doubled in value this year. Andreas Antonopoulos, author of "Mastering Bitcoin" and a teaching fellow for the masters in digital currencies program at the University of Nicosia, attributed the drop in the cryptocurrencies' prices to a pullback after a "rapid 1,500 percent rise in two years, especially the last three months" according to a Sunday Continue reading >>

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