Ethereum News Update “Ethereum’s not doing that badly,” is a phrase I hear often. It’s poor consolation, a pat on the back for being the least terrible asset in this crumbling class. But there’s a nugget of truth there. For all its painful backsliding in January, last month was extremely important for Ethereum. It established […]
credits:istock.com/BackyardProduction Here’s Why Ethereum Is Faring Better Than Other Cryptos Cryptocurrencies are in an unholy mess. It feels like the sky is falling as we watch the crypto markets crash to new lows. But for some reason, there’s a ray of hope shining for one crypto. Of all the top 10 cryptocurrencies, there’s only one […]
Where Ethereum Goes from Here Aside from Bitcoin, no cryptocurrency is more popular and promising than Ether (the native token of the Ethereum platform). ETH prices exploded by 9,383% in 2017, beating every Ethereum price forecast in the world. Yet, now that it’s time to make Ethereum price predictions for 2018, analysts outside crypto-land remain […]
Ethereum News Update Cryptocurrencies turned into a vortex of despair this week, dragging down all-but-one of the top 100 digital assets. Ethereum was not the exception—that was DigixDAO. ETH lost 19.92% of its value, driving the crypto below $1,000 for the first time this month. The Ethereum to USD exchange rate was at $902.97 at […]
Ethereum News Update Given the ongoing slide in cryptocurrencies, it seems a terrible time for optimism. But I can’t help it. Ethereum prices are holding up better than some of the others, making it a safe-haven crypto asset during these troubled times. This could lead to the fabled “flippening,” whereby Ethereum replaces Bitcoin as the […]
Credits: istock.com/lightboxx Ethereum News Update Ethereum prices are proving more resilient than BTC or BCH, but that doesn’t mean they are untouched by this week’s crypto market crash. Ethereum too was affected by the tidal wave of pessimism. As a result, ETH is trading 4.66% lower against the U.S. dollar. This puts the Ethereum to […]
Ethereum News Update Yesterday, I said Ethereum is starting to front-run Bitcoin in terms of institutional support. And what happened the same day? A major pension fund launched a $50.0-million cryptocurrency investment fund—and it is based around Ethereum. The new fund comes courtesy of OMERS, one of Canada’s biggest pension funds. (Source: “Ethereum Capital Announces […]
Ethereum News Update Last week didn’t feel bullish for Ethereum. Nonetheless, ETH prices advanced nearly 16% in the past seven days. The lesson? Markets don’t care what we feel. Sentiment only matters insofar as it reveals the buying intentions of other investors. Look at the numbers instead. They show that Ethereum is outperforming other cryptocurrencies […]
Credits: istock.com/BackyardProduction Ethereum News Update As predicted, the folks at this year’s World Economic Forum in Davos, Switzerland hedged their bets on cryptocurrencies. On one hand, they don’t think Bitcoin is a stable currency; on the other, blockchain is a super-useful technology…for anything other than money. If you’re wondering why this matters, remember that Davos […]
Ethereum News Update In 2017, investors treated Ethereum and Bitcoin as if they were identical. They painted both with the same brush, meaning that when Bitcoin did well, so did Ethereum. But this relationship is starting to fray… In an excellent post for Bloomberg View, Leonid Bershidsky shows that “It’s not just mindless speculation anymore” […]
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