Broader Archives - The Cryptocurrency Network

Ethereum (ETH) Drops 2% in Broader Crypto Market Sell-Off

September 25, 2019 adminBroader, Crypto, Drops, ETH, Ethereum, Market, SellOff0 comment

The cryptocurrency market is currently in a free fall with Ethereum (ETH) being the biggest casualty. In the last 24 hours, the coin has lost almost 20%. Ethereum Drops on the Launch of Bakkt Futures Contracts Ethereum dropped to lows of $153.79 from $190 before it rebounded slightly to the present price of $168. This is the lowest the price ETH has been for three months, and it seems the fall is not yet over. There is uncertainty in the market, and most investors are currently heading to Tether, which…

Blockchain

Ren Outperforms the Broader Crypto Markets, Jumps 140% in 7 Months

July 25, 2019 adminBroader, Crypto, Jumps, Markets, Months, Outperforms, Ren0 comment

The meteoric growth of the price of Bitcoin from $3,693.85 at the beginning of the year to the $13,880 year high reported last month has greatly affected most altcoins. As a result of the devaluation that altcoins have suffered against Bitcoin, most people are dumping their tokens in preference of the gaining Bitcoin. One altcoin, however, is defying those odds. Ren has been on a substantial bull run this year. Ren Up Over 140% in Seven Months However, one coin has defied odds and demonstrated an impressive growth run. At…

Blockchain

Ripple Performs Better than Broader Crypto Markets on Technical Support

July 16, 2019 adminBroader, Crypto, Markets, Performs, Ripple, Support, Technical0 comment

One of the most interesting cryptocurrencies to have emerged over the past few years has been Ripple (XRP), and it has managed to hold onto its position as the third biggest cryptocurrency by market capitalization. However, it has not had the best year so far, despite threatening to break out more than once. In a new development that will be welcomed by those who hold XRP, the cryptocurrency has managed to outperform the market amidst all the chaos. XRP Finds Support While most of the market has been in a…

Blockchain

Ethereum (ETH) Soars 8%, Outperforms the Broader Cryptro Market

June 13, 2019 adminBroader, Cryptro, ETH, Ethereum, Market, Outperforms, Soars0 comment

Ethereum (ETH) and the crypto market have today seen a sudden surge in buying pressure, allowing them to continue with the upward momentum that has been exhibited in the last few months. Analysts believe that Ethereum will continue with the upward trend in the near term and could outperform Bitcoin in the long term because of the increasing adoption of Ethereum by companies such as Ubisoft. Ethereum Up 8% in the Last 24 Hours Currently, ETH is trading around 8% up its present price of $259.50, gaining significantly in the…