Ethereum Watch

Users of MyEtherWallet, a web app for storing and sending ether and ethereum-based tokens, experienced an attack Tuesday that saw users of the service lose around $152,000 worth of ether. Advertisements The company was quick to alert users to the danger, tweeting a warning at 7:29 a.m. EDT, within 15 minutes of when the hack […]

Things may be looking up for Ethereum’s native token, ether (ETH). Advertisements Having suffered a 50 percent decline in March, the world’s second-largest cryptocurrency by market value fell to $394 by April 1 – the lowest level since Dec. 7, according to Bitfinex data. However, at the time, ETH was extremely oversold, with the 14-day […]

Ethereum’s ether (ETH) token fell 47.5 percent in the first three months of 2018 – its worst quarterly drop on record. Advertisements While the notable slump came amid a general downturn afflicting the cryptocurrency markets, it was also exacerbated by problems more unique, perhaps, to ethereum. However, although the decline appears major at first glance, […]

The 40 percent month-on-month decline of ethereum’s ether cryptocurrency has pushed the long-term price floor down to $300, the technical charts indicate. Advertisements As of writing, the world’s second largest cryptocurrency by market capitalization is changing hands at $534, as per CoinMarketCap. Stepping back, ether’s sharp reversal from the Feb. 6 low of $555 (prices […]

Ether’s technical recovery from the 100-day low hit yesterday looks to be a “dead cat bounce.” Advertisements The world’s second largest cryptocurrency by market capitalization, which traded around $740 a week ago, fell to $460 on Sunday – its lowest level since Dec. 11.  The 37.8 percent fall looks to be associated with ether-specific news […]

ConsenSys, the New York-based blockchain application startup, has announced today it is partnering with TrueDigital, a new affiliate of online interest rate swap marketplace trueEx, in an effort to develop a benchmark price for ethereum’s ether cryptocurrency. Advertisements According to an announcement, the two firms are planning to design a target reference index for the […]

Ether, the native cryptocurrency of the ethereum network, has fallen to one-month lows below $800 and looks set to extend losses further. Advertisements As of writing, the second largest cryptocurrency by market capitalization is trading at $787 – down just over 5 percent in the last 24 hours. Prices fell to $779 earlier today, which […]

There’s a gap in the vision for the decentralized internet. Advertisements At least that’s according to Bluzelle, which recently raised $19.5 million in an initial coin offering (ICO) aimed at creating a network of decentralized online databases. While several companies, including Filecoin and Storj, are already working on decentralized file storage, Bluzelle is targeting the […]

Ethereum’s ether token could revisit record highs very soon, courtesy of last week’s bullish price action, the price charts suggest. Advertisements The cryptocurrency, which was notably given a higher rating than bitcoin and Ripple’s XRP last week by Florida-based Weiss Ratings, is up 18 percent week-on-week, says data source OnChainFX. As of writing, ether (ETH) […]

Sitting at his desk at Credit Suisse, Sina Nader watched the bottom fall out of the global economy. Advertisements As a junior associate helping manage a $100 million portfolio of equities, he had a first-hand view of the 2007-2008 collapse from the Swiss bank’s Los Angeles offices and recalls frantically taking screenshots of the price […]