Ethereum has reached $500 for the first time on the strength of future plans and Indian markets opening up trading. Data from cross-exchange resource Coinmarketcap shows ETH currently trading around $525 at press time, topping new highs of $400 seen just six days ago. The moves echo those of Bitcoin, which has added proportionately similar […]
In the interest of full disclosure, you should know that our official Ethereum price forecast for 2017 was $400.00. We also predicted that ETH prices would later accelerate to $1,000.00 in 2018. Michael Edward “Mike” Novogratz Novogratz has different ideas. As a hedge fund manager who cut his teeth at Fortress Investment Group, Novogratz has pedigree. […]
Having set fresh record price highs today, ethereum’s native token is looking to push higher. As per CoinDesk’s price index, ether (ETH) moved above $500 at 12:35 UTC and hit an all-time high of $522 soon after. Data from CoinMarketCap shows ETH has appreciated 8.74 percent in the last 24 hours. Stepping back a bit, this is a […]
According to a statement released on November 28, 2017, the prime minister of South Korea is concerned by the influx of young investors into cryptocurrency, which he worries could expose them to a life of crime. The folks at D.A.R.E. might have a new epidemic on their hands. At least, that’s the way it looks […]
In a new report from CNBC, a key billionaire predicts that ETH prices will hit $1,500 in the near future. This prediction is even more bullish than our own Ethereum price forecast, which shows the currency reaching $1,000 in 2018. Predictably, the billionaire in question is Mark Novogratz, an ex-hedge fund manager for Fortress Investment Group […]
Nolan Bauerle is a former researcher and writer for the Canadian Senate Banking Committee, for which he drafted a 2015 report on cryptocurrencies and blockchain technology. He currently heads CoinDesk research division. CoinDesk is today announcing the release of its latest deep-dive report on the state of blockchain technology and cryptocurrencies. The most recent of […]
Key Highlights ETH price after trading as high as $488.68 started a downside correction against the US Dollar. There is a key bullish trend line forming with support at $471.50 on the hourly chart of ETH/USD (data feed via SimpleFX). A break below the trend line support might ignite an extended decline towards the $458 […]
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November 28, 2017 10:25 PM Earlier today, Jerome Powell testified before the Senate Banking Committee, an early step in the process to his confirmation as chair of the Federal Reserve. Cryptocurrency is “not big enough” to matter just yet, said Powell, but he signaled interest in blockchain technology, possibly applied to wholesale payments systems. On […]
November 28, 2017 11:16 PM A letter from a Dutch law firm, which suggests that at least some investors in Confido’s token offering may receive refunds, has appeared on the troubled company’s website. A law firm representing an unnamed member of the Confido team has suggested that at least some of the funds raised in […]
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