Ethereum

Stop the Fixation With Bitcoin and Invest in Ethereum

The recent surge in popular cryptocurrency Bitcoin (CCC:BTC-USD) has sparked an increase in other cryptocurrencies’ prices. Right now, Ethereum’s (CCC:ETH-USD) Ether is the second most valuable altcoin and is up roughly 100% in the past month. Source: Shutterstock As such, institutional investors should start looking at Ethereum with similar engrossment as they do Bitcoin — the cryptocurrency should grow substantially following a constriction in supply as well as with the… Source link

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Ethereum, Netflix, Alibaba, London Homes, Gold: Investments in the Spotlight – Bloomberg

Back in the Picture Photographer: Jack Taylor/Getty Images  Investors let out a $58 billion sigh of relief after Alibaba Group founder Jack Ma appeared in public for the first time in months.  His brief comments on philanthropy at a live-streamed event to honor rural teachers sparked an 8.5% share-price rally in the e-commerce giant. Ma had not been seen since late last year when… Source link

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what is it and why has the price gone parabolic?

The price of the world’s second largest cryptocurrency, ether, hit a new all-time high of US$1,440 (£1,050) on January 19. This breached a previous high set three years ago and gave ether a total value (market capitalisation) of US$160 billion, although it has since fallen back to around US$140 billion. Ether, which runs on a technology system known as the ethereum blockchain, is worth over ten times the price it was when it bottomed during the COVID market panic of March 2020. And… Source link

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Ethereum Takes Bitcoin’s Proof-of-Concept to the Next Level

All eyes are on cryptocurrencies and for a darn good reason. Last year, I made a friendly wager with my InvestorPlace colleague Louis Navellier, which we called the “Race to 40K.” I bet him that Bitcoin would reach that lofty threshold before the Dow Jones did. A quick look at the charts reveals that I was right on the money. But astute investors should really take a look at Ethereum. Source: Shutterstock Don’t misread this — I didn’t give Louis a hard time. In my… Source link

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Fundstrat Global – Altcoins Bitcoin News

Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hanging above the $1,300 range. According to Grider, ether (ETH) – the second largest digital asset after bitcoin (BTC) – will continue to benefit from its relationship with… Source link

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Ethereum tumbles 7% right after new all-time highs: Are ETH bulls in trouble? – Cointelegraph

The price of Ether (ETH), the native cryptocurrency of Ethereum, fell sharply as Bitcoin (BTC) corrected overnight on Jan. 20. Bitcoin price slid to as low as $34,000 on Binance, recording a 10% drop since yesterday’s peak. Bitcoin price chart with key levels. Source: TradingView.com, TraderXO Why did Ether price drop particularly hard? Ether has outperformed Bitcoin so far in January, as Cointelegraph previously reported. As Bitcoin started to consolidate with low volume, the demand for… Source link

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Ethereum surges near all-time highs, may rally 650% to $10,500: analysts

LONDON, ENGLAND – DECEMBER 08: Founder of Ethereum Vitalik Buterin during TechCrunch Disrupt London 2015 – Day 2 at Copper Box Arena on December 8, 2015 in London, England. (Photo by John Phillips/Getty Images for TechCrunch) Following bitcoin’s surge to hit a new all-time high earlier in January, ethereum, the second largest cryptocurrency by market cap, neared $1,440 on Tuesday to inch toward the same feat — but that could just be the beginning of a 650% explosion, according to one… Source link

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First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

Bitcoin (BTC), the largest cryptocurrency, was down for a second straight day, pushing toward the lower end of the range between $34,000 and $40,000 where prices have traded for the past couple weeks.  Ether (ETH), the second-biggest cryptocurrency, retreated after surging on Tuesday to a new all-time high price of $1,439. (Our Market Moves column, below, looks at the significance of this milestone. See also the latest issue of CoinDesk’s Valid Points newsletter by our colleagues… Source link

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Valid Points: Why Eth 2.0 Shifts How Investors Value ETH

What is the intrinsic value of ether?  This is a question I’ve been wrestling with this past week as the ether price set a new all-time high of $1,439.33, according to CoinDesk’s price index. Similar to how many view the current bitcoin price bull run as being credibly different from previous cycles for reasons to do with greater institutional involvement and mainstream interest, among other reasons, I get the sense that the valuation of ether by investors is being looked at this time… Source link

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Ethereum 2.0 closes in on $4B value locked as stakers commit over 2% of supply

Little more than a month after launching, the Ethereum 2.0 blockchain now holds 2.7 million Ether (ETH), worth $3.8 billion. The combination of the Ether price rally and an ever increasing amount of stakers have propelled the Ethereum 2.0 blockchain to become the third largest blockchain by staked funds. This is an increase of more than 1 million ETH since Cointelegraph’s last progress report on Dec. 18. Since then, Ethereum surpassed Tezos (XTZ) but is still lagging behind both Polkadot… Source link

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