Ethereum

Image source: Getty Images Crypto prices tumble as Russia invades Ukraine. Key points Russia’s invasion of Ukraine had a significant impact on the crypto market. Ethereum’s price has also been impacted by tighter economic conditions and fears that it could lose market dominance. … Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Ethereum price is not out of the woods yet as a bearish target continues to be on the radar. A key technical indicator suggests that there are more sellers than buyers in the market. Ethereum may still face multiple obstacles if buyers enter the market. Ethereum price has rebounded after the recent drop on February 24 while Russian President Vladimir Putin kickstarted its invasion of Ukraine. Despite the optimism in the market, several indicators suggest that ETH… Source link

BackyardProduction/iStock Editorial via Getty Images In recent articles I have been critical of the thesis that Bitcoin (BTC-USD) will become a world currency. The coin fell 50% after I got in ahead of the regulation weakness and I still see the coin being shut out by governments. But if Central Bank Digital Currencies (CBDCs) become a reality then there is a place for Ethereum (ETH-USD) as a dominant blockchain. Ethereum could be a better store of value Ethereum in the cryptocurrency… Source link

Cryptocurrencies including bitcoin and ethereum nosedived on Thursday morning as investors reacted to Russia’s ruthless invasion of Ukraine — then made a dramatic recovery in the afternoon.  Bitcoin fell about 4.5% on Thursday morning before surging to trade 3.2% in the green at $38,500 late Thursday in New York. Meanwhile, ethereum fell 6% to about $2,430 before recovering to be up 2.3% at $2,650 over the same period of time, according to Coinbase… Source link

What happened  It’s safe to say the cryptocurrency market is crashing today as the market sells almost every asset class on news of Russia invading Ukraine. The riskiest assets, like cryptocurrencies, have been among the hardest hit.  In the last 24 hours, Bitcoin ( BTC -3.38% ) has fallen as much as 11.2%, Ethereum ( ETH -4.42% ) fell 15%, Dogecoin ( DOGE -7.41% ) dropped 18.2%, and Shiba Inu ( SHIB -8.69% ) fell a whopping 20% at its low. The selling hit peak… Source link

Some investors have a lot of money in cryptocurrencies. They’re sometimes referred to as “whales” to reflect just how large their positions are. And we’re not talking about $100,000 or so in a given cryptocurrency — whales own millions and even billions of dollars worth of digital tokens. As you might expect, the biggest cryptocurrencies based on market cap — Bitcoin and Ethereum ( ETH -7.91% ) — tend to especially attract whales. But they don’t always limit their… Source link

When I talk about my cryptocurrency portfolio, some are surprised to hear I have no Ethereum ( ETH 2.81% ). I used to own ETH, in fact I mined it for two years from 2017-2019. However, I’ve fallen out of alignment with the direction that Ethereum has taken. In 2020, I converted most of my assets into Bitcoin ( BTC 0.94% ) including whatever ETH I had. I recognized the problems that Ethereum was trying to solve but began looking elsewhere for similar systems that… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link