ethereum / 209 posts found

Ethereum ($ETH) Dogecoin ($DOGE) Binance Cryptocurrency Price Warning Sounds – Bloomberg

by crypto journalist
Parabolic jumps in digital tokens such as Ether, Dogecoin and Binance Coin are outshining Bitcoin, prompting more questions about whether that segment of the cryptocurrency sector is ripe for a reckoning. The rallies have contributed to a slump in Bitcoin’s share of the $2.6 trillion crypto market to 43% from about 70% at the start of 2021, a metric that for strategists at JPMorgan Chase & Co. and DataTrek Research LLC may be a warning sign of investor excess in a range of digital tokens. Bitcoin’s waning dominance carries echoes of “froth” to the extent it’s being fueled “by a […]

What’s the Difference Between Bitcoin and Ethereum? – Bloomberg

by crypto journalist
Yes, Dogecoin, the cryptocurrency that started as a joke and is now worth $90 billion, merits attention. But for those just beginning to take the field seriously, the two big names in the $2.2 trillion cryptocurrency market remain Bitcoin and Ether, the coin that fuels the Ethereum network. Bitcoin, the pioneer, has been on a tear, its value up about 500% in the past year. Yet it’s Ether that has been showing its older brother a thing or two, with a price jump of around 1,500% over the same period. While the top two digital coins share some attributes, they […]

Ethereum, Dogecoin And These Other Surging Cryptocurrencies Are Propelling The Market To $2.5 Trillion

by crypto journalist
Though the price of bitcoin has fallen over the past week, the cryptocurrency market is still soaring to new highs as investors plow into a booming crop of altcoins—or bitcoin—alternatives, minting massive gains and echoing the cryptomania that led to a massive 80% market correction less than four years ago. Bitcoin’s down 1% over the past week, but a slew of other top tokens are up as much as 41%. Key Facts The cryptocurrency market hit a record-high market capitalization right above $2.5 trillion just before midnight Monday, reflecting more than $200 billion in added value over the past week […]

Ethereum Classic gains 300% in one week as traders rush to buy the ‘wrong Ethereum’

by crypto journalist
The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun. Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder Barry Silbert, is up 300% in a week. ETC hits $180: Bull market or “casino market”? In the latest incarnation of the 2021 “alt season,” altcoins are passing the torch between each other as investors chase optimal gains. This year has also seen a curious shift in market focus from a token’s use case to the culture around it. This was epitomized […]

Ethereum passes $3,500, makes 27-year-old founder a billionaire – CNET

by crypto journalist
Cryptocurrency has captured the attention of more investors this year. Most cryptocurrency headlines this year have followed Bitcoin and Dogecoin, but May might be Ethereum’s month. The cryptocurrency, which is more widely used than Bitcoin, hit $3,000 for the first time on Sunday, before passing $3,500 on Thursday. One year ago each token was worth $211.  The Ethereum blockchain was founded in 2013 by Canadian-Russian programmer Vitalik Buterin when he was just 19 years old.  Buterin has over 333,000 Ether tokens — it’s possible to see other traders’ portfolios if you have their wallet address — which at the current […]

Ethereum price closes in on $4K as Shiba Inu (SHIB) steals Dogecoin’s thunder

by crypto journalist
Ethereum and Dogecoin hit new highs as investors brace for Elon Musk’s SNL debut and Bitcoin bulls push the price closer to $60,000. The crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead the pack of altcoins up the market cap mountain.  Much of the excitement behind Dogecoin’s rally has been attributed to the upcoming appearance of Elon Musk, the CEO of Tesla and a Dogecoin advocate, on the popular Saturday Night Live comedy sketch show. Ether, on the other hand, continues to rally toward $4,000 as […]

Three reasons why the ‘other Ethereum’ has pumped 130% in the last week

by crypto journalist
Ethereum Classic has almost matched Dogecoin’s massive pump in the last seven days. Ethereum Classic (ETC) continues to maintain its parabolic price action advance that began in late March. Data from crypto market aggregator Coingecko shows ETC is up almost 50% in the last 24-hour trading period as of the time of writing. Indeed, the 20th-ranked crypto by market capitalization is currently at an all-time high above $76. Source: TradingView The first likely reason for this current price action advance is that it is a continuation of ETC’s positive performance since the end of Q1 2021. As previously reported by […]

Financial Advisor CEO Thinks Ethereum Could Hit $5,000 USD This Week | HYPEBEAST

by crypto journalist
A Financial Advisor CEO Thinks Ethereum Could Hit $5,000 USD This Week: “Ethereum is already years ahead of Bitcoin in everything but price and fame.” This content was originally published here.

Here’s How High Ethereum Could Go as It Hits Record Highs – TheStreet

by crypto journalist
Ethereum has been on fire, rallying more than 44% in the last nine days with the cryptocurrency registered a gain in each of those sessions. While there’s been some volatility in the cryptocurrency markets, ethereum has been as steady as they come. In fact, it’s been much steadier than the largest cryptocurrency, bitcoin. While bitcoin has been trading better lately, it’s struggling on Monday, up about 2% but well off the highs. That’s even as CME Group  (CME) – Get Report launches new micro bitcoin futures. It’s also as Coinbase  (COIN) – Get Report tries to find its footing and as eBay  […]

Ethereum price shoots past $3,000 for the first time – CNET

by crypto journalist
Bitcoin and Dogecoin both hit new all-time highs in April, but May appears to be Ethereum’s month. The cryptocurrency, second biggest in the world and the most widely used, hit $3,000 for the first time on Sunday. As is customary with headline-grabbing cryptocurrencies, it’s been a meteoric rise for Ethereum over the last year. It’s price on this day one year ago? Just over $207. The cryptocurrency now has a marketcap of just under $350 billion. It’s been growing rapidly over the past year, mostly over anticipation for its relaunch as Ether 2.0, but this latest rally is tied to […]