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Why Is Ethereum Not Going Up

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, Neo, Eos: Price Analysis, Feb. 19

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, Neo, Eos: Price Analysis, Feb. 19

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 19 The latest top 9 cryptocurrencies analysis, make sure you check it to find out whats going to happen with the prices. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After failing to stem the rising popularity of cryptocurrencies through their warnings, the central banks have stooped down to funding anti-crypto campaigns . This move will only reduce the confidence in the central banks and encourage new investors to enter the crypto world. At the same time, the Venezuelan government is planning to launch a new cryptocurrency called the petro . Each new coin will supposedly be backed by one barrel of oil. However, there is a big question on the central banks credibility that is issuing the petro. Analysts believe that the petro is most likely to end up not bringing the expected results. On the other hand, Bitcoin continues to attract big-ticket investments. After the recent fall, there are reports of a trader buying about $400 million worth of Bitcoin between Feb. 09 to Feb. 12. People are gradually turning positive on Bitcoin once again. Shark Tanks Robert Herjavec believes that Bitcoin will top its 2017 mid-December high of about $20,000 in the short-term. Lets see what does the chart pattern forecast? Traders who follow us are carrying long positions that triggered on Feb. 15. We had recommended booking 50 percent profits at the 50-day SMA, and most traders should have sold when Bitcoin rallied to an intraday high of $11,348. Continue reading >>

Why Is The Ethereum Price Not Going Up With Bitcoin And Litecoin?

Why Is The Ethereum Price Not Going Up With Bitcoin And Litecoin?

Why is the Ethereum price not going up with Bitcoin and Litecoin? We know that every cryptocurrency has its own super property. Bitcoin has the highest power these days better than ethereum and litecoin. Bitcoin is more famous than any cryptocurrency and thats why its price is going up. Because people are more interested in bitcoin. People are making investments on regular basis and showing great interest in it. BtcMiningUnit is a company where you can invest some like 0.001BTC and make profit at the rate of 0.10%. The profit youll be making is based on daily i.e you get 0.10% profit daily. Of the many ICOs that have taken place this year, most have raised funds in Ethereum. These projects are now sitting on billions of dollars worth of Ethereum that they need to convert into fiat currencies to pay their operating expenses. In order to do so they need to sell it in the open market which has kept the price depressed. If and when demand for Ethereum outpaces this selling pressure then its reasonable to expect the price to start rising again. A catalyst for this could be when some of these tokens take off and require Ethereum to purchase. Of course, even if this is the correct reason its likely to only be one part of the puzzle! Ethereum is in a holding pattern. It will rise and will probably end up being a great long term investment. Bitcoin is going to start being manipulated once the big players have accumulated enough to control the price. It is only a matter of time. The big boys will get into all of these coins and start the ping pong up and down algorithmic whipsaw dance party using their supercharged supercomputers. Ethereum is a patience play now. The Bitcoin tulip mania rush is something to watch but is going to increase the volatility when it corrects. Continue reading >>

Ethereum And The Rise Of The Price Of An Ether

Ethereum And The Rise Of The Price Of An Ether

Ethereum And The Rise Of The Price Of An Ether {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe The Ethereum virtual currency logo is displayed on an automated teller machine (ATM) at the Coin Trader bitcoin retail store in Tokyo, Japan, on Wednesday, Aug. 30, 2017. The value of Ethereums currrency is increasing alongside Bitcoin and Litecoin, and the price of one Ether is currently at a high of $625.25 USD, according to CoinMarketCap, despite the CryptoKitties drama. 2018 will welcome a range of regulatory requirements and financial institutions are launching new products on the blockchain in order to simplify compliance, and this is where the Ethereum blockchain is becoming increasingly popular. A project named the Massive Autonomous Distributed Reconciliation program (Madrec) was announced this week and will be led by UBS with involvement from Barclays, Credit Suisse, KBC, SIX and Thomson Reuters. For a while now, financial news has been dispersed with updates of how banks are experimenting with cryptocurrencies and this announcement is one of the most recent, after Bitcoin futures began trading. Unlike Bitcoin, however, Ethereum has always been spoken about in a more positive way and has become the second largest digital currency in two years. After being launched in 2015, the value of Ethereums currency, otherwise known as Ether, has increased by more than 6,800% since the start of the year, according to The Telegraph. With Ether being the third most valuable digital currency and the virtual currency with the Continue reading >>

Here's Why Ethereum (eth) Isn't Like Any Other Cryptocurrency - Global Coin Report

Here's Why Ethereum (eth) Isn't Like Any Other Cryptocurrency - Global Coin Report

Heres Why Ethereum (ETH) Isnt Like Any Other Cryptocurrency Ethereum (ETH) is one of the top two cryptocurrencies on the market right now but, just as with bitcoin, its position at the top of the pile has far from insulated from the wider markets decline seen over the last eight weeks or so. With regards to ETH specifically, the token currently trades for a little over $810 apiece, down from the $1389 reached on January 15, 2018. Thats a 41% decrease from highs and it gives Ethereum a market cap right now of just shy of $79 billion. Take a look at the mainstream news coverage of the cryptocurrency space right now and you will see the general treatment of Ethereum and its token ETH mimics that of many of the other coins in the space. What this sort of blanket coverage overlooks, however, is that ETH is materially different from pretty much every other talk on the market right now and at least every one that is currently functional against its predefined use case. Well, for anybody not familiar with Ethereum, its a platform technology designed to serve as a protocol layer on which third parties can build decentralized applications (which are now being referred to as DApps for the main part). As far as the actual token is concerned, ETH is used in a variety of ways but primarily to serve as what is called gas payment, which is another way of saying its the token thats used to buy or rent computational power to underpin the functionality of the applications that are being built on Ethereums technology. But not only that, ETHis also used as the number one exchange token for initial coin offerings (ICOs). That is, when a company conducts an ICO, it creates a token that is ERC20 compliant, meaning simply that it can be stored in an Ethereum wallet. This allows it to form the Continue reading >>

Ethereum Price Surges To New All-time High Of $637

Ethereum Price Surges To New All-time High Of $637

Ethereum Price Surges to New All-Time High of $637 Ethereum Price Surges to New All-Time High of $637 JP Buntinx December 12, 2017 Crypto , News With all cryptocurrencies pumping extremely hard right now, money is flowing into peoples pockets faster thanthey can spend it. Even the Ethereum price is going up quickly right now, which is pretty interesting to see. With theETH price now over US$600, a lot of early investors and holders have been rewarded for their patience. It is remarkable how much all currencies haveappreciatedthis year, and there are still more than two weeks left to go. Over the past two weeks, Bitcoinhasshattered records like never before. One thing few people were certain about waswhether or not most alternative cryptocurrencies would follow a similar path. Given how all of these altcoins are dependent on the Bitcoin price, there is never any guarantee of success. In the case of the Ethereum price , however, there was seemingly nothing to worry about. In fact, things are looking even more bullish than they have throughout 2017. With this remarkable growth,Ethereum has further solidified its position as the worlds second-largest cryptocurrency by market capitalization.This is the first timeits cap has surpassed US$50 billion, and things are only just getting started, by the look of things. While the current Ethereum price of US$610might seem high, it may very wellappearminuscule when we look back on things a year from now. Over the past week or so, the Ethereum price has noted spectacular growth. After struggling for momentum at the US$450 level, things picked up steam over the past 24 hours. Thanks to solid gainsagainst boththe US dollar and BTC, Ethereumhas continued to surprise a lot of people. The same can be said for all other top 10 currencies. Continue reading >>

Why Is Ethereum Rising: How High Will Eth Price Go? | City & Business | Finance | Express.co.uk

Why Is Ethereum Rising: How High Will Eth Price Go? | City & Business | Finance | Express.co.uk

Ripple price: XRP DOWN 50% on record high - Why is Ripple crashing? Ethereum prices have already soared more than 89 percent since the start of January, topping off the more than 8,000 percent growth it witnessed through 2017. CoinMarketCap data suggests that the platform is now the second most valuable digital asset on the market with a market capitalisation of more than 96billion ($130billion) second only to bitcoin s 181billion ($245billion) as of 6.12pm on Wednesday. Ethereum is now attracting strong corporate interest, and Mr Nerayoff said ethereums open-source implementation has made it an attractive option to businesses. He added: "People are actually using it for currency, as well. Ethereum price: The ETH token reached an all-time high price on January 10 Lower transactional costs are increasing usage of the entire network, and that's increasing the network effects of it. There are more users, more projects being built on there and more programmers. Ether's price rally is a testament to the growing popularity of ethereum as a platform for decentralised applications The growing interest and exposition could in turn serve to grow the entire crypto space bitcoin and Ripple included. Thomas Glucksmann, head of marketing and APAC business development at Gatecoin, agreed that ethereums real world use made it a viable option for investors. He said: Ether's price rally is a testament to the growing popularity of ethereum as a platform for decentralised applications. Ethereum price: The ETH crypto token rose an incredible 56,000 percent since being created Over the last year and a half, we've seen that the majority of tokens issued during ICOs and traded on exchanges, have been coded to run on the ethereum network. But some crypto experts have rung the bell about the sw Continue reading >>

Down Goes The Price Of Bitcoin And Ethereum In Yet Another Cryptocurrency Plunge

Down Goes The Price Of Bitcoin And Ethereum In Yet Another Cryptocurrency Plunge

Its tough out there for cryptocurrency investors. This morning, the price of bitcoin dropped in the double-digit percentshitting a monthlong low of $11,191.59. Currently the price has risen a bit, to around $12,000, but thats still a huge drop from yesterdays $14,094.86. According to Reuters , this drop was caused due to fear of a cryptocurrency crackdown in South Korea. On the heels of this news and plunge, other cryptocurrencies followed suit. Ethereums price fell over 13% and litecoin fell over 14%. Does this mean a selloff is happening and the bubble is finally bursting? Not everyone thinks so. In fact, some analysts predict that bitcoins price will hit $100,000 by the end of this year. CGW Continue reading >>

Why Is Ethereum's Price Going Up? 5 Reasons | Finder.com.au

Why Is Ethereum's Price Going Up? 5 Reasons | Finder.com.au

Ethereum is currently in an upswing, with some analysts suggesting that it's about to enter a new spike. Ethereum's price is going up. From 27 January to 29 January it's climbed from about 20% from US$1,050 to around $1,250, according to CoinMarketCap. Explaining why a cryptocurrency's price has moved is tricky, but we can identify some likely factors. A predictable rise based on a study of moving average statistics A general market recovery and conformance to typical past ETH trading patterns Natural growth of the Ethereum ecosystem, including ERC20 ICOs, decentralised exchanges and other ERC20 coins A complimentary rating from the Weiss agency 1. 100-230 day moving average predictions The 100-day moving average (MA) simply refers to something's average price over the last 100 days, when measured at the same time each day. At least one analysis of previous moving MAs has marked ETH for another bull run right about now. This particular MA shows the 100-day (pink) to 230-day (grey and hardly visible) moving averages in a rainbow form. When the rainbow is pink on top it means the MAs of the last 100 days have been higher than the MAs of the last 230 days, which broadly means prices are going up. When the grey and white is on top, it broadly means prices are going down. More specifically, it shows that prices were higher on average in the last 230 days than in the last 100 days alone. The distance between each colour of the rainbow shows how quickly prices are moving. Wider gaps means quicker price changes. As you can see, the big downturn of late put the grey part of the rainbow on top. But it looks like it's turning around so that the pink part of the rainbow will move back to the top. This is the "roll-over" being referred to. Basically, every time this particular type Continue reading >>

Ethereum To Go Up Or Down?

Ethereum To Go Up Or Down?

Quote from: Nonakryse on November 10, 2017, 04:16:00 PM Ethereum as with other coins has it's ups and downs. It would be crazy to expect that every day Ether is going up, and anyone that says it will button or reach way too high has not idea what they are talking about. The price of Ether depends on many external factors that no one can control, such as regulatory approval and various other things like the economy, trust in Fiat money and governments etc. ETH is just getting it's machine started and when it runs it's gonna run good. It will be unstoppable and surpass BTC as it's by far more superior. Time will tell and I'll be happy to look back at this post in a couple of years to see whether the predictions have been right or wrong. What are the advantages of Bitcoin better than Ethereum? I don't know Bitcoin has technology can make it better than Ethereum for reality or daily or business. Bitcoin doesn't have smart contract like Ethereum, total confirmation time of Bitcoin is also longer than Ethereum. And total supply coins of Bitcoin is also worse than Ethereum, there are many disvantages of Bitcoin if you compare to Ethereum, only the value, Bitcoin is higher than Ethereum. I'm very bullish on ETH, and to be honest I don't want to always put my entire speculation on just technical indicators. Technical indicators are great to make a quick buck, but when news pop out about something very important (remember the China ban?) then the technical indicators are not helping much. The best thing is to be already invested in ETH and be invested whatever will happen. I think we will see an uptick within the next weeks/months because many of the protocol updates are going to start getting implemented. When this happen it will attract great attention, because all of the sudd Continue reading >>

Bitcoin, Ethereum, Other Cryptocurrency: Five Positive Factors For 2018

Bitcoin, Ethereum, Other Cryptocurrency: Five Positive Factors For 2018

Bitcoin (BTC) is the most important cryptocurrency. Most government-backed money that goes in and out of crypto goes through bitcoin, so what happens to the original cryptocurrency affects the entire market. The token's market dominance stood at about 40 percent as of Wednesday. By my estimates, however, it's clear bitcoin's market dominance should return to 75 percent of the entire space. I actually see a 150 percent potential upside in bitcoin for 2018. Why? Well, BTC is still dominant. It has the biggest user base and the biggest industry. Still, it faces a challenge in scaling up for wider use. Bitcoin now can't handle more than six or seven (or, with the "Segregated Witness" protocol upgrade, it's 12 to 14) transactions a second. Compare that with credit cards, which involve thousands of transactions per second, so the criticism about bitcoin's ability to be useful at larger scales is understandable. The scalability challenge results in high fees as well. What is the solution? It is the so-called second-layer peer-to-peer off-chain networks. To cite an example, look at the Lightning Network . Created by Blockstream, the Lightning Network allows for transactions off the blockchain, thereby decreasing the transaction costs almost to zero and increasing the speed and scalability almost infinitely. And it's just getting started. As you can see from this map , more and more nodes as well as channels are being established. It is growing exponentially. In the coming months, we will see a sharp uptick in transactions and the use of more bitcoin in these channels. What's more, the Lightning Network doesn't have any fee. In other words, second-layer networks solve the problems bitcoin faces scalability and lack of liquidity. That could be a key reason why bitcoin surges thi Continue reading >>

Why Is Ripple Price Going Down And Ethereum Rising? Bitcoin-style Cryptocurrencies Compared

Why Is Ripple Price Going Down And Ethereum Rising? Bitcoin-style Cryptocurrencies Compared

Why is Ripple price going down and Ethereum rising? Bitcoin-style cryptocurrencies compared Ethereum and Ripple are two of the most popular cryptocurrencies (Picture: Shutterstock) Jasper Hamill Wednesday 10 Jan 2018 3:41 pm Watching the movements of cryptocurrency markets can make you feel a little seasick. And now the alt-coins Ripple and Ethereum have both entered choppy waters, you might be feeling a bit nauseous if youve got any money invested in them. Last week, Ripple (which is referred to as XRP) was the talk of the town amid rumours investors would soon be able to buy and sell it on the easy-to-use platform CoinBase. This sparked so much excitement that Ripple soared to record heights and briefly made its founder as rich as Mark Zuckerberg. But now Ripple is on the slide , plunging from a high of about $3.80 (2.80) to $1.90 (1.40) in less than a week. Ethereum (ETH or Ether), on the other hand, has been on the up all year. Its interesting because the blockchain which records transactions can also store other information such as contracts and even computer programmes. This chart shows the rise and rise of Ethereum over the past month (Chart: CoinDesk) Ripple has slumped in value over the past week (Chart: CoinDesk) We spoke to two crypto experts to find out what was happening. Benjamin Dives, CEO of the London Blockchain Exchange (BLX), blamed the price fall of Ripple blamed on a decision by the website CoinMarketCap, which removed prices from South Korean exchanges from its calculations of digital currency rates without any warning. He told us: The recent fall in price of Ripples XRP token could be attributed to numerous factors including the recent exclusion of Korean market prices on CoinMarketCap, investors taking profit, or simply just a healthy market cor Continue reading >>

Bitcoin, Ethereum, Litecoin, Ripple Slump: All's Not Well With Cryptocurrencies

Bitcoin, Ethereum, Litecoin, Ripple Slump: All's Not Well With Cryptocurrencies

Bitcoin, Ethereum, Litecoin, Ripple slump: All's not well with cryptocurrencies BusinessToday.in Last Updated:January 17, 2018 |15:39 IST This morning, Bitcoin was down 17 per cent , Ethereum was down 21 per cent, Litecoin had dropped 20 per cent and Ripple a whopping 30 per cent. And that's just in the past 24 hours. The cryptocurrency market has been in the red for a few days now, following news reports of regulatory crackdown in South Korea and China. The price of the world's biggest and best-known cryptocurrency fell to as low as $10,567 on the Luxembourg-based Bitstamp exchange, not far from its six-week nadir of $10,162 touched the previous day. At its lows on Tuesday, Bitcoin had fallen 25 per cent in the session, its biggest daily decline in four months. That's a far cry from its peak close to $20,000 in December, when the virtual currency had risen nearly 2000per cent over the year. "Cryptocurrencies could be capped in the current quarter ahead of G20 meeting in March, where policymakers could discuss tighter regulations," said Shuhei Fujise, chief analyst at Alt Design. The latest tumble in digital currency prices came about after South Korean Finance Minister Kim Dong-yeon said in a radio program interview that "the shutdown of virtual currency exchanges is still one of the options" open to the government, which is planning a set of measures to clamp down on the "irrational" cryptocurrency investment craze. Given that South Korea is the world's third largest market for cryptocurrencies after the US and Japan, anything that happens there is sure to have global repercussions. China, the first to start clamping down on the cryptocurrency market, meanwhile is reportedly planning to tighten screws further. Last year, Chinese regulators banned initial coin offerin Continue reading >>

Ethereum Price Achieves All-time High At $752, Up 20% In 24 Hours

Ethereum Price Achieves All-time High At $752, Up 20% In 24 Hours

Ethereum Price Achieves All-Time High at $752, Up 20% in 24 Hours Join our community of 10 000 traders on Hacked.com for just $39 per month. The Ethereum price has surpassed $752 for the first time in history, recording a staggering 20 percent increase in value over the past 24 hours, led by the US market. Throughout the past few days, the US market accounted for nearly 25 percent of global Ether trades. GDAX, the flagship cryptocurrency exchange of Coinbase, and Bitfinex processed 23 percent of the global Ethereum exchange markets Ether trades. Currently, the daily trading volume of Ether is close to $5 billion, more than four times larger than Bitcoin Cash, the third largest cryptocurrency in the global market behind bitcoin and Ethereum. Earlier this month, billionaire investor Mike Novogratz predicted the price of Ether to increase by three-fold throughout 2018. In terms of developer activity and transaction volume, Ethereum remains as the only public blockchain network which can compete against bitcoin. In fact, as of current, the Ethereum blockchain network processes more transactions than all of the cryptocurrencies in the market including bitcoin combined at 820,000 transactions per day. Decentralized applications such as CryptoKitties and EtherDelta have also demonstrated the potential of Ethereum as the base protocol for decentralized exchanges and digital asset trading platforms, which is an application that is useful beyond finance. As A16Z partner and Earn.com CEO balaji Srinivasan stated, Why is CryptoKitties actually important? Its one of the first examples of what people have been talking about for years: frictionless international trading of digital assets (not just cash!) on a blockchain. Already, CryptoKitties has processed $15 million worth of digit Continue reading >>

Ethereum Price At All Time High On Billionaire's Prediction | Fortune

Ethereum Price At All Time High On Billionaire's Prediction | Fortune

The Ethereum price broke $400 for only the second time in its history on Thursday, setting a new all time high early on Thanksgiving morning in the U.S. A rival cryptocurrency to Bitcoin, Ethereum rose as high as about $425 Thursday, a gain of more than 16% in a 24-hour period. Until then, the Ethereum price had for months hovered below its previous peak in June, when it had briefly surpassed $400 for the first time. The surge came as the billionaire cryptocurrency investor Mike Novogratz, a former hedge fund manager on Wall Street, reversed his bearish prediction on Ethereum. In June, shortly after Ethereum first hit $400, Novogratz had sold much of the cryptocurrency he owned, saying I think we may have put the highs in for the year in Ethereum, and youre going to slowly consolidate. Novogratzs call turned out to be prescient, and the Ethereum price did not revisit its earlier highsthat is, until this week, when the influential investor suddenly turned bullish again. Just in the last few days Ethereum has started to move, and I actually think its going to put a new high soon, Novogratz said in an interview on Bloomberg TV Tuesday. It took less than 48 hours for the Ethereum price to prove Novogratz right again. I think we end the year at close to $500 in Ethereum, he predicted, adding that the Bitcoin price, which reached as high as $8,300 this week, would hit $10,000 before 2017 comes to a close. Theres a lot of positive things happening in the Ethereum ecosystem, added Novogratz, who has recently begun raising money for his new cryptocurrency-focused hedge fund. The Ethereum price has already risen more than 50 times this year. To reach $500 before 2017 is out, Ethereum would need to rise another 25% from the $400 mark where it was trading early Thursday morningall Continue reading >>

Why Ripple Xrp Price Not Going Up And What Expert Says

Why Ripple Xrp Price Not Going Up And What Expert Says

Home / CryptoCurrency News / Why Ripple Xrp Price not Going Up And What Expert Says Why Ripple Xrp Price not Going Up And What Expert Says Waqarrajput February 19, 2018 CryptoCurrency News , Ripple Xrp 2,161 Views Cryptocurrency News Update 18-03-2018: Bitcoin News Updates, Ripple Xrp News Today Ripple Xrp price is still at low and not starting to break records like Bitcoin. However most of the news were announced from ripple platform but ripple market is not improving. Not only ripple but all crypto currencies are not increasing due to rapid investment only in bitcoin. All cryptocurrencies are sustaining at low price range. What can boom them including ripple, here we will highlight some aspects. One of the main reason is considerable, bitcoin is growing and breaking all records of this year. Bitcoin dominancy has increased from 34-37% in two weeks only. If we take some data which shows that bitcoin market cap has increased from $154 billion to $187 in just two weeks. Past data shows that btc market increment also increases the prices of xrp and all cryptocurrencies. But for the first time it is going oppositethough it is right to say market ups and down is like weather. Prediction sometimes comes true and sometime false. Expert says btc will increase more but after a short drop it will get stable. From that time we can expect ripple and other cryptocurrencies can start to increase. Xrp will definitely increase and break records of this year in next month. Also recommended: Will Xrp Bounce Back & How Ripple Xrp News Effective For Market: News Xrp Ripple xrp price is surging between $1.12 to $1.20 but its own btc price is still same. Xrp is fighting to make its value in the crypto market. Ripple team is working all over the world for new contracts and to develop paymen Continue reading >>

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