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Why Is Ethereum Not Going Up

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 >>

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 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 >>

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 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 >>

$2,000 Per Ethereum (eth) An Easy Feat Moving Forward

$2,000 Per Ethereum (eth) An Easy Feat Moving Forward

$2,000 per Ethereum (ETH) An Easy Feat Moving Forward Bitcoin (BTC) has finally conquered the $10,000 hurdle in a feat that many of us thought was never going to happen. Etheruem (ETH) is also rallying to break $1,000. The Bitcoin benchmark was achieved on the 15th of February and if you are like most of us, you held a small party in your on slice of heaven: may it be an office cubicle, on that bus seat during your daily commute, or in your daily routine reading cryptocurrency news. This achievement also meant that many of the alternative coins had a good week. Our beloved Ethereum (ETH) was not left behind. This then leads me to conclude that if this environment of a strong Bitcoin persists, then it is only a matter of time before Ethereum hits the $2,000 this year. My gut feeling tells me that this feat will be achieved in and around early May as I shall elaborate. To begin with, Ethereum gathered some good momentum in early November last year when it was priced at $300. It would then peak at around $1,431 on January 13th this year. This is a 377% increment in around two and a half months. If such a performance is something to go by, doing another 100% by May is very possible. May is approximately 2 and a half months away. Actually, May is an estimate I am using to save myself from overhyping the possibilities of Ethereum in the markets. Another reason why Ethereum (ETH) will soon hit $2,000 is because the coin is the preferred mode of funding for most ICOs out there in the market. Most ICO initiators are even basing their token price based on Ethereum rather than Bitcoin. This means that the ICO market, which is in the hundreds of millions of dollars as can be seen by the amounts raised by Crypterium ($51 Million) and Bankera ($130 Million). As more and more ICOs go 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 >>

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 >>

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 >>

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 >>

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 >>

Is It Possible That Ethereum Is Not In A Bubble?

Is It Possible That Ethereum Is Not In A Bubble?

Is It Possible That Ethereum Is Not in a Bubble? By Nathan Reiff | November 15, 2017 10:00 AM EST Hydropower: The Key to Bitcoin Mining in the Future? Despite ethereum's meteoric rise in 2017, some experts say it is not in a cryptocurrency bubble. The cryptocurrency space has grown at an astonishing rate in 2017, and ethereum is a prime example. The world's second-largest digital currency by market cap started off the year at just $8 per coin. As of this writing, it is hovering around $333 per coin. This is a gain of nearly 40 times in the span of less than 12 months. By many analysts' estimates, ethereum may be a sign that the cryptocurrency world more broadly is in a bubble. (See more: Ethereum Founder on ICOs: "We Are in a Bubble, A Lot of Projects Will Fail." ) The fact that bitcoin keeps setting new price records and that numerous other cryptocurrencies have made similar gains only adds fuel to the fire. And yet, a recent article by Forbes suggests that ethereum may not be part of a bubble. Although ethereum, bitcoin, and other leading digital currencies have made tremendous gains this year, by some measure they are actually in a bear market . This is because several of these cryptocurrencies have dropped about 20% from a 52-week high. This is one factor that supporters of the movement point to as a sign that ethereum may not be in a bubble. Although the cryptocurrency market climbed to roughly $200 billion in market cap this year, that still pales in comparison to the tech bubble of the early 2000s. The tech bubble grew to about $1.7 trillion before it burst. By comparison, ethereumappears relatively tiny considering its total market cap hovers around $30 billion. Sizing ethereum up against other markets also shows that it's not so big. The U.S. market for rare c Continue reading >>

Ethereum Price Analysis: The Future Looks Bright For Eth

Ethereum Price Analysis: The Future Looks Bright For Eth

Ethereum Price Analysis: The Future Looks Bright for ETH William M. Peaster on December 2, 2017 / 0 Comments Just how high can Ethereum go ? Thats the question were all asking ourselves as the number two cryptocurrency by market capitalization is vaulting to unprecedented all-time price highs in Q4 2017. And as it stands right now, it really looks as if Ethereum and its associate fuel Etherhave unlimited adoption potential in the decades ahead. Thats because if Bitcoins appeal is as digital gold, then Ethereums appeal should be as the crypto revolutions Microsoft 2.0. Thats because you can build a seemingly limitless number of utilities atop of Ethereum. To this end, civilization itself may be running atop Ethereum in a handful of years if the project can live up to is promise. With these theme in mind, lets dig a little deeper. To Ethereum enthusiasts, the so-called flippening is the day in which ETH overtakes Bitcoin as the crypto with the highest market cap. Essentially, then, the day in which ether becomes the #1 crypto. Could it happen? Without a crystal ball, no one knows for sure right now. But what is clear is that however much of a darkhorse any cryptocurrency is at the moment ETH is one of the best positioned cryptos to one day overtake BTC. To be clear, were not saying that will happen. But we are saying its possible. One crucial factor to consider is the politics of the cryptocurrency space. Bitcoin bills itself as a currency. This automatically puts it in a position to be in competition with governments who mint their own currencies. And as BTC continues to make traditional currencies more pointless, some governments may want to lash out and crackdown on accordingly. Whether these governments could succeed in hampering Bitcoin effectively is certainly up f 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 >>

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 >>

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