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Why Is Ethereum Crashing

Crypto Crash: Bitcoin Drops To Lowest Point Since November

Crypto Crash: Bitcoin Drops To Lowest Point Since November

Crypto crash: bitcoin drops to lowest point since November Bitcoin has dropped by around 20% over the past two days Bitcoin suffered its third price crash in two weeks this morning, falling below the $8,000 (5,700) per coin mark. Cryptocurrencies in 2018: what can we expect from Bitcoin and Ethereum? The cryptocurrencys value has dropped by a total of 30% this week and is at its lowest price since November, Reuters reports. Other digital currencies, such as Ripple and Ethereum, have also suffered double-digit declines in the last 24 hours. It is believed that Facebooks decision to ban all cryptocurrency adverts from its network, and a growing regulatory backlash from countries such as China and South Korea, have led to mass sell-offs by investors over the past two weeks, the news site says. The price crash is a jarring turnaround for the cryptocurrency market, says The Verge . Bitcoin reached an all-time high of $20,000 (14,100) per coin in December. However, according to The Independent , bitcoin is still up 2,520% over the last year, with the recent price crash simply undoing all of the incredibly fast surge traders saw at the end of last year. Crypto crash: bitcoin and Ethereum plummet in value The cryptocurrency market has dropped sharply over the past two days, with the value of popular coins including bitcoin and Ethereum dropping by up to 20%. The crash has been attributed to the South Korean governments new plans to crack down on virtual currency trading, which has led to a sell-off across the market globally, says BBC News . Bitcoins value, which hit $20,000 (14,500) per token in December, tumbled as low as $10,000 (7,300) on Wednesday morning. Ethereum and the bank-focused coin Ripple also plunged in value, says Reuters , as the news from South Korea fuelled 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 >>

Bitcoin, Bitcoin Cash, Ethereum, Litecoin Crash On Friday, December 22 - Business Insider

Bitcoin, Bitcoin Cash, Ethereum, Litecoin Crash On Friday, December 22 - 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 Bitcoin is selling off aggressively on Friday as investors cash out before Christmas. The sell-off has spread into other cryptocurrencies. Litecoin, ether, and bitcoin cash have seen losses of double-digit percentages. LONDON Major cryptocurrencies around the world are selling off aggressively on Friday as the market is gripped by what one analyst described as "fear, uncertainty, and doubt." The price of bitcoin crashed overnight with no apparent catalyst, with the general lack of liquidity in the market exacerbating that move and wiping as much as $4,600 off the cryptocurrency's value in early European trading. Earlier in the week, bitcoin's price started to plunge after one of the founders of the influential website Bitcoin.com announced he would sell his stake in bitcoin . "It's clear by now that the entire crypto market is in a massive retracement," Mati Greenspan, a senior market analyst at the trading platform eToro, said in an email. "It started with a bit of profit taking, but it seems that the FUD" fear, uncertainty, and doubt "is now gripping the market," Greenspan said. While bitcoin's drop was the first to accelerate, its fall has spilled into other major cryptocurrencies, with the likes of ether and bitcoin cash also seeing huge losses during Friday's trading session. Here's a brief roundup of how things look in the market right now: Bitcoin is down more than 11%, having dropped more than $4,000 but it has found support at about $11,600 as of 2.40 p.m. GMT (9:40 a.m. ET): "Looking at the overall cryptomarket, we're now 25% from the top," Greenspan said. "Timewise, we're back Continue reading >>

Why Ethereum Weathered The Cryptocurrency Downturn Better Than Bitcoin

Why Ethereum Weathered The Cryptocurrency Downturn Better Than Bitcoin

Why Ethereum weathered the cryptocurrency downturn better than Bitcoin If 2017 was a dream for cryptocurrency enthusiasts, 2018 has been a swift return to reality. The value of Bitcoin, which increased over 1,000 percent last year, has decreased by close to 30 percent so far this year, and many other coins have followed suit. The cryptocurrency market has begun a modest recovery, but investors have nonetheless been given a stark reminder that cryptocurrencys volatility is a double-edged sword if you want to try and make it to the moon, youve got to risk crashing down to earth. One coin that has stayed relatively stable throughout the recent crash, though, is Ethereum. In fact, the value of 1 ether has actually increased by 4.9 percent since January 1, 2018, and its value relative to Bitcoin has grown by nearly 50 percent. So what is it about Ethereum that has allowed it to weather the storm and come out ahead? The short answer: Ethereum is backed by real utility that many other cryptocurrencies, Bitcoin included, simply dont have. Ethereum cofounder, Vitalik Buterin , realized that blockchain technology was capable of supporting far more than just electronic cash systems. Rather than prescribing a narrow range of functions for which users could use the blockchain, he saw the potential for a blockchain platform on which developers could build any application they like. This would allow software designers to get all the benefits of blockchain technology decentralization, inalterability, security, etc. without having to build their own personal blockchains. Thats the vision behind Ethereum, and so far its been a tremendous success. Since its release in 2015, Ethereums network has become home to thousands of decentralized applications, or dapps. Many of these dapps are sti 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: 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 Hashtag On Twitter

#ethereum Hashtag On Twitter

This timeline is where youll spend most of your time, getting instant updates about what matters to you. Hover over the profile pic and click the Following button to unfollow any account. When you see a Tweet you love, tap the heart it lets the person who wrote it know you shared the love. The fastest way to share someone elses Tweet with your followers is with a Retweet. Tap the icon to send it instantly. Add your thoughts about any Tweet with a Reply. Find a topic youre passionate about, and jump right in. Get instant insight into what people are talking about now. Follow more accounts to get instant updates about topics you care about. See the latest conversations about any topic instantly. Continue reading >>

Will Ethereum Crash?

Will Ethereum Crash?

I see no reason why it would not crash. It would definitely crash, someday. If you are trying to time the market and thinking to invest in Ethereum when the market falls, then dont. I had a friend who had been thinking to invest in Ethereum when it was 50USD. But then price kept going higher and higher. He thought, next when it would come down to 75USD, he will invest. But that did not happen. Price kept increasing. And he was then waiting for the price to fall to 100USD. But like I said, it never happened. So, just a couple of weeks back, he invested. The cost of Ethereum was then 150USD. Just think, had he invested the same amount a month ago, he would have had 3 times more Ethereum than he has now. So, do not try to time the market. Because, you cant. No one can. The bottomline is, if you have 1000USD to invest, invest 600USD, and keep another 400USD with you. Use that money to buy Ethereum when it falls/dips. Happy Investing. Btw, I am Sanjib and I blog at Bharata Finance. Something always has a possibility to crash. Ethereum was designed very well and like other, it has its own problem. airplane was design very very well and it is considered as using a highest safety integrity level (SIL Level), will it crash? I dont know (but it has a possibility to crash). Application (DAO) and it smart contract may conflict one to each other as Linux and Windows also have this kind of problem. Ethereum biggest problem problem in basic is similar to Bitcoin problem, it has a problem with scalability. I had that problem many times (getting worse) and I predicted this problem before in my previous posting. Will the price crash (realy bad close to 0 - not an up and down, it is common: read this Why the Alts go down again and again after a rise? )? I dont think the price will crash, Continue reading >>

Ethereum Price Forecast: Flippening Delayed By Eth Price Crash

Ethereum Price Forecast: Flippening Delayed By Eth Price Crash

Home Cryptocurrency Ethereum Ethereum Price Forecast: Flippening Delayed by ETH Price Crash Ethereum Price Forecast: Flippening Delayed by ETH Price Crash Gaurav S. Iyer, IFC Profit Confidential 2018-02-27T08:43:50Z 2018-02-27 08:43:50 ethereum news ethereum price forecast eth prices eth/btc bitcoin eth price prediction ethereum price prediction In January 2018, it seemed as if Ethereum was close to usurping Bitcoin's role as a safe-haven asset. This would, in turn, lead to the much anticipated "flippening" of BTC for ETH, yet that progress was undone by a deeper-than-expected crash. As such, we have omitted the "flippening" from our Ethereum price forecast. Ethereum [caption id="attachment_114312" align="alignleft" width="300"] Among seasoned Ethereum investors, theres a belief that Bitcoin will undergo a crisis moment at some point in the future.Heres what would theoretically happen: Bitcoin starts to lose investor confidence, Ethereum is treated as a safe-haven asset, investment flows from BTC to ETH increase, and then the ETH/BTC ratio rises above 1.0.This moment is referred to as the flippeningthe precise moment that Ethereum is crowned leader of all cryptocurrencies.Naturally, its impossible to forecast a precise date for this event. Even if you could figure exactly when it would happen, the mere act of knowing would alter trading patterns and thereby change the date.That said, I thought we were getting closer in January.Remember what was happening? Crypto values were crashing, but rather than flocking to Bitcoin, investors ran straight to Ethereum. Investors were perceiving it as a safe-haven asset, a shelter in the storm. BTC dominance slipped into the low 30% range. I took this as proof positive that a flippening was on the horizon. And I might have been right 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 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 >>

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 >>

Bitcoin Drops 28% Below $10,000 On Coinbase; Ethereum Crashes 30% In 24 Hours

Bitcoin Drops 28% Below $10,000 On Coinbase; Ethereum Crashes 30% In 24 Hours

In fact, nearly every major cryptocurrency suffered massive losses during the day. Ethereum traded at about $1,062 as of 8:12 p.m. ET. That represented a sizable rebound after hitting a low of $854 earlier in the afternoon. Coinbase is the leading U.S. marketplace for trading bitcoin, ethereum, litecoin and bitcoin cash. But at around 10:50 p.m. ET, the price of ethereum fell below $1,000 again to trade at $973. The declines followed comments from South Korean authorities that indicated tougher regulation on digital currency trading. However, there was no immediately apparent driver behind the late-afternoon decline. Bitcoin dropped 28 percent to a low of $9,969 on Coinbase, but quickly jumped back up to trade back above $11,000 as of 8:12 p.m., ET. At about 10:50 p.m. ET, bitcoin prices slipped again to trade at $10,757. Bitcoin has now nearly halved in price after topping $19,800 in mid-December. But the digital currency remains more than 1,100 percent higher over the last 12 months, according to Coinbase. Ripple , the third-largest digital currency by market capitalization, traded near $1.05 after earlier plunging 46 percent to near 90 cents, according to CoinMarketCap. Last week, the site began excluding prices from some South Korean exchanges, where ripple trades about 20 cents higher. Continue reading >>

Ripple, Bitcoin & Ethereum Prices Are Crashing. Here's Why | Money

Ripple, Bitcoin & Ethereum Prices Are Crashing. Here's Why | Money

For the second time in less than three weeks, cryptocurrencies suffered a major correction. The 16 largest cryptocurrencies all saw major price declines over the past 24 hours, according to data from Coinmarketcap.com. Ripple, the third-largest digital currency, saw its price fall as much as 39% at one point. Bitcoin, the granddaddy of the crypto universe, saw its price fall as much as 14% on Monday. And Ethereum, the second-largest cryptocurrency which has gained in p opularity among businesses , dropped 12%, before rebounding somewhat. The question is why? Market watchers say you can point to one of three reasons: Investors are pointing to South Korean regulators as a possible reason for the latest declines. One of the greatest strengths but lurking weaknesses of cryptocurrencies is that they are largely unregulated by governments. This allows people to use them anonymously, which is also why criminals have taken to the online monetary system. But that means any whiff of new government oversight can make investors nervous. Last month, the South Korean government said it would increase its oversight of the digital currency market by banning anonymous crypto accounts and providing measures to shut down exchanges, if needed. And on Monday, South Korean officials inspected six major local banks, reviewing the institutions anti-laundering measures in connection with cryptocurrency trades. This spooked the global markets. We need regulators to look into the space more closely, the Korean exchanges have become crazy in terms of price differences so these regulatory actions would help the price stability, Naeem Aslam, chief market analyst at TF Global Markets told Bloomberg. Because it accounts for 35% of the total crypto market, Bitcoin is by definition the most influential Continue reading >>

Ethereum Co-founder Predicts Crypto Market Will See Crash Before Consolidation

Ethereum Co-founder Predicts Crypto Market Will See Crash Before Consolidation

Ethereum Co-founder Predicts Crypto Market Will See Crash Before Consolidation By Daniel Liberto | January 9, 2018 5:16 AM EST Investors must think carefully about which cryptocurrency to back because a lot of themare certain to fail,an entrepreneur who helped develop Ethereum has warned. In an interview with CNBC , Charles Hoskinson, who currently runs blockchain research firm IOHL, discussed how many investors have been buying alternative cryptocurrencies in recent weeks in the hope that they can mirror the success of bitcoin , the most prominent virtual currency.The co-founder and former CEO of Ethereum, an open software platform that helps to build digital coins, warned that many of these alternative cryptocurrency projects are unsustainableand destined to eventually crash once their many issues are exposed. "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, he said. They will fracture up and you will see a lot of them are certain to fail." (See also: How the New Tax Law Impacts Cryptocurrencies ) However, Hoskinson, who predicted a period of consolidation after the crash, added that many of these projects wont fail immediately because they have enough funding behind them to remain competitive for a while yet. "The problem is a lot of them have a lot of money," he said. "It's really hard to fail when your burn rate is $5 million or $10 million a year, and you have $1 billion of capital ." Hoskinson made his comments after a slew of lesser-known digital tokens surged tounprecedented levelsover the past few weeks. Rising investor interest in alternative cryptocurrencies pushed the total market capitalization Continue reading >>

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