Ethereum

What Happened: Ethereum’s daily trading volumes nearly doubled Bitcoin’s on Tuesday, leading market participants to wonder if new money favored the second largest crypto asset over the first. Grayscale’s CEO Michael Sonnenshein confirmed that it wasn’t just retail traders contributing to higher Ethereum (CRYPTO: ETH) trading volumes. According to the most recent data, the notional volume for the Grayscale Ethereum Trust (OTCQX: ETHE) even… Source link

Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD) posted their largest one-day fall since March 2020 on May 19, with losses in the market capitalization for the entire cryptocurrency sector nearing $1 trillion. Source: Shutterstock Bitcoin dropped to $30,066 and Ethereum fell to as low as $1,850. The reason? China outlawed financial and payment institutions from providing cryptocurrency services. Cryptocurrency trading is illegal in China since 2019, part of President Xi… Source link

Thousands of different cryptocurrencies exist, and many have captured the interest of investors. For example, Ethereum (CRYPTO:ETH) has surged nearly 1,100% over the past 12 months, even after the recent crypto market crash. Spurred by that popularity, PayPal (NASDAQ:PYPL) recently integrated cryptocurrency into its platform. In other words, investors can gain exposure to crypto without actually buying digital tokens. But which is the better… Source link

Bitcoin and cryptocurrency prices have suddenly surged, bouncing back after a brutal week wiped more than $1 trillion from the crypto market. The bitcoin price has climbed back over the closely-watched $40,000 per bitcoin level, gaining almost 20% since the weekend when it dropped to around $30,000. Other major tokens, including ethereum, cardano, Binance’s BNB, and Ripple’s XRP rose alongside bitcoin—adding between 5% and 15%—although the meme-based, somewhat satirical dogecoin… Source link

The price of Bitcoin (BTC) has surpassed $40,000 on Wednesda, breaking above a key sell area for the first time in five days. Traders expect a broader rally to come and a bullish market structure to form if Bitcoin continues to rise above $42,000 and Ether (ETH) reclaims $3,000.  BTC/USD (orange) and ETH/USD (blue) 4-hour candle chart Source. TradingView $42,000 and $49,000 are key resistance levels Bitcoin has been recovering over the past week due to three major factors. First, Tesla CEO Elon… Source link

Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) are the top two cryptocurrencies around right now, as they have the two highest market caps out of all cryptocurrencies. The entire crypto market saw a crash last week and both of these cryptocurrencies took a hit. Below is a comparison of the charts over the past month. See Also: Ether What? Research Shows More Americans Heard About Dogecoin Than Ethereum Bitcoin Daily Chart Analysis: Bitcoin was… Source link

In this article, we will take a look at the 10 best cryptocurrencies Redditors are buying. You can skip our detailed analysis of these cryptocurrencies, and go directly to 5 Best Cryptocurrencies Redditors are Buying. The free fall in the prices of cryptocurrencies over the past week has exacerbated investor concerns around volatile technology stocks. However, market experts like Cathie Wood, who reportedly holds the largest institutional investment in cryptocurrencies through her firm, Ark… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin gained more than 4% overnight, and as of 6 a.m. ET is trading at close to $38,000. Just after midnight eastern time, the cryptocurrency stood at $38,289 before beginning a steady decline throughout the night, reach a low of $37,833 at 12:21 a.m. before once again beginning to rise. BITCOIN MINERS AGREE TO FORM COUNCIL AMID MEETING WITH ELON MUSK By 3:16 a.m., it reached its overnight high of $39,197, Coindesk reported. Meanwhile,… Source link

Cryptocurrencies have had a tough time recently. After reaching its peak of around $4,200 per token in mid-May, the price of Ethereum (CRYPTO:ETH) has plummeted by more than 40% over the past week. However, the current crypto crash doesn’t necessarily mean it’s a bad time to buy. If you’ve done your research and have decided you’re interested in investing in Ethereum, it can be a smart move to buy when the price is lower. This way, you can get more… Source link

Bitcoin and Ethereum prices are making a comeback, following two weeks of market losses. Bitcoin rebounded 13 per cent for a value of USD$38,000, while the world’s second largest cryptocurrency, Ethereum, is up more than 27 per cent, worth just under USD$2,475. Bitcoin’s value was chopped in half just weeks after April’s record peak of $64,895. The cryptocurrency’s markets operate 24/7, meaning prices can drastically change at any hour. Read more: Bitcoin rebound comes under… Source link