Nearly $7 million worth of Ethereum has been emptied out of the HEX purchase address in the past few days. A series of 36 transactions, each containing 1,337 ETH, depleted the bulk of the remaining Ethereum which had been sent to the HEX purchase address. Continue reading HEX Owner Cashes Out $7 Million Ethereum Pile for Profit Rally
Just like bitcoin, Ethereum has been correcting ever since it posted a high in June 2019. From last year’s high of $363.30, the number two cryptocurrency has lost over 62% of its value. Those losses are significantly magnified if you consider that Ethereum traded at $1,424.30 in January 2018. From the all-time high, ether has already shed over 90% of its value. Continue reading Ethereum Could See More Pain Before Face-Melting Bull Market
Bitcoin (BTC) is at $7350, trying to stabilize above $6500 for the next upmove attempt to $10,000 level in Q1, 2020.
The volumes against most cryptocurrencies look unreal. Unless trading robots are trading between themselves in the crypto exchanges, the above ratios of Market cap to 24H volume is not possible. Bitcoin alone looks stable and real in the market data.
Tether’s numbers need to be analyzed separately.
Critics have been trying to spread fear, uncertainty, and doubt on the No. 2 cryptocurrency in light of its scaling issues. It’s true that Ethereum is struggling with congestion as network utilization is above 94 percent. As a result, it becomes costly to run applications. Continue reading 3 Solid Reasons Why Ethereum Looks Stronger Than Ever
While the bitcoin price languishes this week, ethereum classic is enjoying a spectacular spike ahead of its scheduled September 17 hard fork. And the ethereum price (ETH) is rising too. Continue reading FEUDING ETHEREUM SIBLINGS SCORE PRE-FORK SURGES AS BITCOIN PRICE LAGS