Blockchain 

Ethereum Bull Run Over | Will Bearish Market Be Like Bitcoin’s 2014/15?

Last week, Ethereum (ETH) dropped below $200, which led some to believe that cryptocurrency’s bull market is over. Placeholder partner and crypto investor Chris Burniske feels that ETH is experiencing its first bear market, synonymous to what Bitcoin (BTC) went through in 2014/15. Burniske noted that 2014/15 was one of the best periods to consider investing in Bitcoin. He adds that the cryptocurrency’s momentum was definitive regardless of the bearish price action. He says what happened then to Bitcoin is happening now to ETH. Ethereum Still Faces Unresolved Issues Yesterday,…

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Blockchain 

Ethereum (ETH) to Fall 20%? Altcoin Capitulation Expected in Two Weeks

In the past few days, the altcoin market has taken a beating with major cryptocurrency assets such as Ethereum (ETH) and Ripple (XRP) dropping to fresh lows. This has caused widespread panic in the industry, and many crypto investors are beginning to believe that a bottom for altcoins will be set. Ethereum to Fall 20% Further: Analyst Thoughts However, one cryptocurrency analyst sees Ethereum dropping even more by over 20% and that the real altcoin capitulation will begin in two weeks. Ethereum has lost significantly since the ICO boom that…

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Blockchain 

Ethereum Underperforms Against Bitcoin | What Next for Altcoins?

As everyone knows, the price of Bitcoin has a profound effect on the entire crypto market, and as the price of the world’s biggest cryptocurrency rose steadily over the first half of 2019, the entire crypto market profited. However, since July, Bitcoin has definitely entered choppier waters, and now the momentum has gone out of its sails. That being said, it is Ethereum, long considered to be the only possible rival to Bitcoin, which has found itself in the middle of a free fall. Will Ethereum Recover? More importantly, Ethereum (ETH) has…

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Blockchain 

Is Ethereum (ETH) No Longer a Crypto Trader Favorite?

The cryptocurrency market has been in existence for long enough to now result in the reversal of a status quos that has been in place for years and something of that nature is now happening with Ethereum (ETH). Back in 2017, when the entire crypto market was making enormous gains, and Bitcoin was reaching new highs every day, Ethereum quickly emerged as the second-biggest cryptocurrency in the market. Etheruem vs. Bitcoin As a matter of fact, plenty of crypto experts had gone on to say that ETH could eventually upstage…

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Blockchain 

Technical Price Analysis | Ethereum (ETH) and Ripple (XRP)

Last week, Ethereum (ETH) showed some near-term recovery against the US dollar with the ETH/USD pair forming a support base above $200 before showing signs of upside correction. On the other hand, Ripple (XRP) did not perform well last week with prices falling by over 7%, but in Monday’s session, the coin has been rather stable. Ethereum Price Analysis For the better part of the week, ETH was trading above the $208 and $216 resistance levels. Additionally, the coin saw a break above the Fib retracement level of 23.1% for…

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Blockchain 

Ethereum (ETH) Falls 86% Relative to Bitcoin Since the 2017 Build-Up

In 2017, during the cryptocurrency bubble, a number of projects launched tokens for a wide range of payments. It was easy because what was needed to raise millions of dollars through an initial coin offering was just an idea. During the period, Ethereum and its native token Ether (ETH) reached a record high because of frenzy around trend words like “smart contract” and “ICO.” Hype on ETH Waned Because of Scams and Bad Ideas The flurry witnessed eventually waned and the price of ETH, which hit a record high against…

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Blockchain 

Ethereum (ETH) Surges As 20,000 ETH Order Triggers Buying Spree

Ethereum (ETH) has recovered after plunging below the $200 level on surging bearish pressure early in the week. A rebound past the $220 mark comes amidst reports of a buy order for 20,000 ETH on Binance exchange. Ethereum Whale Order Ethereum had initially slumped to the $190 level after a big trading group reportedly placed a sell order for 15,000 ETH. The sell order went on to rattle traders, triggering a massive sell-off in the broader cryptocurrency sector. Just like Ethereum, Bitcoin also attracted some selling pressure, consequently plunging below the…

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Blockchain 

Altcoins Recovering | Ethereum (ETH) & Ripple (XRP) Lead Crypto Higher

Cryptocurrencies are trying to bounce back after a steep pullback from one-year highs. Bitcoin (BTC) is trying to bounce back after coming under immense pressure after rallying to highs of $13,000. Altcoins Ethereum (ETH) and Ripple (XRP) are also showing signs of bottoming out. Cryptocurrency Analysis Despite rallying by 2.6%, Bitcoin finds itself below the $10,000 psychological level. Below the mark, the flagship crypto remains susceptible to further drops given the short-term bearish momentum. While there were expectations that Bitcoin would skyrocket during the American Independence day, that never happened.…

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Blockchain 

Ethereum (ETH) Shows Severe Selling Pressure Amid Bearish Sentiments

The cryptocurrency market is on a downward trend after Bitcoin failed to establish support at the $11,000 level, plunging instead to around 10% to the $10,000 region. Ethereum has equally felt the heat, plunging 32% in what was the largest percentage loss ever in a single day, and on Monday it was trading at $206.08. Ethereum Plunges as a Result of Selling Pressure As selling pressure continues to build, Ethereum continues to plunge, and it is expected to drop even lower in the near future. Ethereum has significantly dropped from…

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Blockchain 

Ethereum Futures Already Gaining Significant Support in the Industry

Ethereum (ETH) is the second largest virtual currency in terms of market cap, and for quite some time investors have been expecting Ethereum futures that seem to, at last, be happening. However, these expectations have faced interest concerns and regulatory uncertainty regarding the crypto asset.Ethereum Futures Realized The expectations for Ethereum futures appear to have been realized with The Block reporting that one of the largest global exchanges, CME Group, was preparing to release a futures product for Ethereum. The Chicago-based CME Group was the institution that launched Bitcoin futures…

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