Ethereum has dove lower over the past few days after reaching $490 at the start of the week. The leading cryptocurrency now trades at $335 as of this article’s writing, reaching as low as $315 just hours ago. ETH is down 15% in the past 24 hours, actually making it one of the worst-performing cryptocurrencies Read more…
Tag: ethbtc
Analyst: It’s “Hard to See” Ethereum Going Fully Bullish Without Wall Street
Despite a brutal bear market that shook out most investors, Ethereum is fundamentally stronger than ever. David Hoffman, the CCO of RealT and a podcaster in the industry, accentuated this in the tweet below. The tweet notes that a number of Ethereum’s usage metrics and use cases are at all-time highs, despite the meager price Read more…
The Ethereum Investment Case Has This Unexpected Achilles’ Heel
With the next crypto bull run on the horizon, investors have speculated that Ethereum will be one of this cycle’s best investments. As reported by Bitcoinist previously, Chris Burniske, a partner at Placeholder Capital, said that he thinks Ethereum could rally to $7,500 in the coming years: “If BTC goes > $50,000 in the next Read more…
It’s “Extremely Unlikely” Ethereum Passes Its 2017 High Against Bitcoin: Here’s Why
From a price perspective, Ethereum’s golden age has long passed. In 2017, the second-largest cryptocurrency saw a parabolic bull run that eclipsed that of most other top cryptocurrencies, Bitcoin included. There was a point in 2017 when one ETH was worth approximately 0.17 BTC (on Coinbase). Ethereum rallied so far and so fast that for Read more…