Ethereum

The billionaire creator of Ethereum already expected the collapse of cryptocurrencies

This week, the world of cryptocurrencies experienced a severe collapse, losing about 35% of its total capitalization in one day . Although this took investors and markets by surprise, Vitalik Buterin , the billionaire creator of Ethereum , revealed that he already expected the bubble to burst. In an interview with CNN Business , the 27-year-old mogul said that cryptocurrencies are “in a bubble,” but it is difficult to predict when it will burst. “It could be over by now … It could be over… Source link

Read More »

The billionaire creator of Ethereum already expected the collapse of cryptocurrencies

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

Read More »

Bitcoin, Ethereum, others crash as China announces fierce crackdown on cryptos

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

Read More »

Ethereum Price: Can It Reach a New All-Time High?

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

Read More »

Bitcoin and ethereum crash as China promises ‘severe crackdown’

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

Read More »

Ethereum Is Crushing Bitcoin This Year. Should You Buy It Now?

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

Read More »

Ethereum: The Dreaded 50-70% Correction Came, But Is It Over? – Yahoo Finance

Bloomberg Hedge Fund Picks at Sohn 2020 Show Perils of Covid Investing (Bloomberg) — To say investing is tricky during the pandemic would be an understatement. And so it has proved for many hedge-fund managers since last year’s Sohn Investment Conference in Hong Kong.Among those who made investment calls at the September event, Quintessential Capital Management’s Gabriel Grego was a winner after vouching for Japan’s Sun Corp., which owns an Israeli cybersecurity firm that’s going… Source link

Read More »