Ethereum Ethereum slid by 12.26% on Friday. Reversing an 11.55% rally from Thursday, Ethereum ended the day at $2,434.86. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,950.00 before hitting reverse. Falling short of the first major resistance level at $3,131, Ethereum slid to a late intraday low $2,105.00. Ethereum fell through the 38.2% FIB of $2,740 and the first major support level at $2,287. Steering clear of sub-$2,000, Ethereum broke back through the first… Source link

Bitcoin has seen much better days.  Getty Images Bitcoin, Dogecoin, Ethereum and every Source link

The largest digital currency fell as much as 10 percent in late Friday trading, reaching as low as $35,636, with other tokens also posting double-digit losses. Bitcoin is heading into the weekend in freefall again after a fresh warning from Chinese officials over cracking down on cryptocurrencies. The largest digital currency fell as much as 10% in late Friday trading to as low as $35,636, and peer tokens also posted double-digit losses. The coin almost hit $30,000 earlier in the week, after… Source link

Following its big collapse during the crypto meltdown, should you “buy the dip” in Litecoin (CCC:LTC-USD)? Sure, like the rest of the altcoins, it has started to recover from its May 19 losses. As of this writing, it has moved up somewhat from lows and changes hands at around $173. Yet, still up so far this year, prices could have room to decline further as more new entrants get scared off by the volatility. Source: Wit Olszewski / Shutterstock.com That being said, once things… Source link

At 27 years old, Vitalik Buterin became the billionaire thanks to his creation: the cryptocurrency Ethereum. But he is aware that the bubble will burst at any moment, if it hasn’t already. Free Book Preview Money-Smart Solopreneur This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success. May 21, 2021 3 min read This… Source link

Monero (CRYPTO: XMR) sold off over 60% on Wednesday in sympathy with Bitcoin (CRYPTO: BTC) following an announcement from the Chinese government regarding its plan to crack down on Bitcoin mining and trading. On Thursday and Friday, Monero staged a big recovery and surged almost 150% from its Wednesday low of $136.35 back up to $338.79 before retracing slightly. See Also: Bitcoin, Ethereum Chart Major Recovery But These Cryptos Are Striking The… Source link

Bitcoin, Ethereum, and other cryptocurrencies crashed on Friday after China announced a fierce clamp down on the market in its bid to fend off financial risks. The world’s biggest cryptocurrency, Bitcoin, plunged by over 11% to $37,429, while Ethereum, the world’s second-largest cryptocurrency, crashed by over 13% to $2,552. Dogecoin fell by as much as 15% to $0.34 during the trading session on Friday. READ: U.S Treasury calls for businesses to report Crypto transfers from $10,000 The crash… Source link

Ethereum, along with all other cryptos, experienced a huge sell-off in the last week. Just this month Ethereum reached over $4,300. Since then it dropped as low as $1,950 a now rests at around $2,500.  Don’t miss out on how smart money is playing the crypto game. Subscribe to our premium newsletter – Crypto Investor. The drop from its all-time high represents a 42% decrease. But why such a harsh drop? What happened to make the cryptocurrency plummet from the top? Correlation With… Source link

Watch: Bitcoin falls again as China reiterates crackdown Bitcoin (BTC-USD), ethereum (ETH-USD) and other cryptocurrencies crashed on Friday after China announced a harsh clamp down on the market.  The top crypto, bitcoin, plummeted over 11% to $37,429 (£26,428), while etherreum — the world’s second largest crypto — plunged 13% to $2,552.  Dogecoin (DOGE-USD) fell as much as 15% to $0.34 during the session. Chart: Yahoo Finance The crash was triggered by Chinese vice-premier Liu Hu saying… Source link

The second-most-popular cryptocurrency, Ether (CRYPTO:ETH), the native cryptocurrency on the Ethereum network, has been crushing Bitcoin (CRYPTO:BTC) so far in 2021 after Bitcoin’s huge run-up at the end of 2020 and earlier this year. Even after the big recent drop in crypto prices, Ethereum is still up roughly 280% year to date as of May 20, while Bitcoin is up about 43%. With the outperformance and the recent dip, I think now could be an opportune… Source link