Ethereum

Ethereum Ethereum fell by 3.35% on Sunday. Following on from a 4.45% decline on Saturday, Ethereum ended the week up by 4.23% to $2,241.45. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,341.00 before hitting reverse. Falling short of the first major resistance level at $2,439, Ethereum slid to an early morning intraday low $2,000.00. The extended sell-off saw Ethereum fall through the first major support level at $2,258 and the second major support level at… Source link

Bitcoin and the wider cryptocurrency market, including ethereum, Ripple’s XRP and cardano, were hit by a sudden flash crash early Sunday morning, tanking prices (though Elon Musk’s “fav” crypto dogecoin is holding steady). The bitcoin price, which had this week been on a downward trend toward $60,000 per bitcoin, dropped more than 10% to just over $50,000. The bitcoin price has since somewhat rebounded to trade around $55,000 but remains some distance from its recent near-$65,000 highs. … Source link

The Ethereum price is struggling, a few days after it reached its all-time high (ATH) of $2,550. ETH has dropped for the past two consecutive days and is now 17% below its ATH. Its market value has dropped to more than $246 billion. Other currencies like Bitcoin, Ripple, Binance, and Cardano have also crashed. What happened: Ethereum price rallied last week because of two main reasons. First, for the first time ever, Coinbase became a public company, which is a sign… Source link

Ethereum Tumbles 21% In Selloff Investing.com – was trading at $1,952.64 by 23:36 (03:36 GMT) on the Investing.com Index on Sunday, down 21.46% on the day. It was the largest one-day percentage loss since March 12, 2020. The move downwards pushed Ethereum’s market cap down to $247.15B, or 12.16% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $290.29B. Ethereum had traded in a range of $1,948.93 to $2,338.53 in the previous twenty-four hours. Over the… Source link

Bloomberg Britain’s Reopening Is a Boon for Outperforming Small-Cap Funds (Bloomberg) — As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller U.K. companies are among the best performers in Europe thanks to a rally in domestic stocks that benefit from Britain’s vaccine rollout success.Among Western European stock funds with $200 million or more in assets, the majority of the 10 best performers this year are focused on U.K. small caps,… Source link

TORONTO–(BUSINESS WIRE)–CI Global Asset Management (“CI GAM”) announced today that Canadian securities regulators have issued a receipt for the final prospectus of the CI Galaxy Ethereum ETF (“ETHX” or the “ETF”), the world’s first Ether ETF with the lowest management fee of any Ether ETF globally at 0.40%. ETHX is expected to start trading on the Toronto Stock Exchange (“TSX”) on April 20, 2021, subject to TSX approval. The ETF invests directly in Ether, the… Source link

Bitcoin has had a big week with its price notching fresh all-time highs and major U.S. cryptocurrency company Coinbase landing on the Nasdaq NDAQ . The bitcoin price came within touching distance of $65,000 per bitcoin this week as Coinbase IPO mania sparked a surge of interest in cryptocurrencies. Ethereum, the second-largest cryptocurrency after bitcoin, has also soared, with the ethereum price climbing over $2,500 per ether token for the first time. As huge bitcoin and ethereum… Source link

Ethereum (CCC:ETH-USD), and other cryptocurrencies have been super hot lately, in part thanks to Coinbase Global (NASDAQ:COIN) going public. Ether, the cryptocurrency of the Ethereum network, has hit record highs in the past few days, and it currently shy of $2,500. Today I’ll look at ETH to see if further gains are possible in the months ahead. Source: Shutterstock ETH Follows Bitcoin While Bitcoin (CCC:BTC-USD) remains the largest cryptocurrency, the second-largest… Source link

On April 14, the price of Ether (ETH) just hit an all-time high at $2,400 and although the price has increased more than three-fold since the beginning of this year, the current speculative premium suggests, there is a lot of room for upside. Ether’s speculative premium is far from overheated While the current price of Ether is at around $2,375, the Realized Price, meaning the average price paid by all investors who are currently holding Ether is at $802. This means that current buyers of… Source link

Herndon, VA, April 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sysorex (OTCQB: SYSX) today announced the closing of a reverse triangular merger with TTM Digital Assets & Technologies, Inc., a data center owner and operator and now, the largest U.S. publicly traded Ethereum mining company based in the United States with operations in New York and North Carolina. As a result of the transaction, TTM’s business and operations will become the core business of Sysorex as the first Ethereum… Source link