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Tag Archives: Ethereum

Goldman Sachs: Ethereum Could Be the World’s Dominant Crypto

With bitcoin continuing to slip into oblivion, it is no wonder why so many financial analysts and firms seem to believe that the world’s number one digital currency by market cap is going to get overtaken in the coming weeks and months, and according to a new report from monetary powerhouse Goldman Sachs, executives firmly believe that Ethereum may be on the verge of being king of the crypto space. Goldman Sachs Seems to Think ETH Will Come Out on Top Earlier in the...

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Ethereum Price Analysis: ETH is Facing Uphill Task Near $3K

Ethereum price declined below $2,000 before starting an upside correction against the US Dollar. ETH price is still below $3,500 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,000 on the 4-hours chart (data feed from Coinbase). The pair must clear the main $3,000 resistance to start a fresh increase in the near term. Ethereum price started an upside correction from the $1,750 zone against the US Dollar....

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Ethereum Price Analysis: ETH Dives Further, $3K Holds The Key

Ethereum price started a fresh decline from well above $3,500 against the US Dollar. ETH price is currently trading well below $3,500 and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $3,600 on the 4-hours chart (data feed from Coinbase). The pair must stay above $3,000 to start a fresh increase in the coming sessions. Ethereum price extended its decline below $3,500 against the US Dollar. ETH/USD is approaching...

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Aziz McMahon Exits Goldman Sachs Role Following Huge Crypto Profits

Goldman Sachs executive Aziz McMahon has resigned from his position with the financial giant after garnering a massive cryptocurrency fortune. Aziz McMahon Is Out at Goldman Sachs This news is coming at a time when most cryptocurrencies are in the doldrums. Bitcoin, for example, has fallen from its recent all-time high of $64,000 per unit – initially achieved in April of this year – to about $48,000 at press time. This is a $16,000 drop, and many other leading altcoins...

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Did Vitalik Buterin Cause a Drop in Crypto Prices?

Earlier today, it was announced on Live Bitcoin News that the price of BTC had taken a drastic fall thanks, in part, to actions taken by Elon Musk, who announced that his company Tesla had decided not to accept bitcoin payments for goods and services. As it turns out, the price of BTC – along with several other leading altcoins – may have also fallen thanks to Vitalik Buterin, the co-founder of Ethereum. Vitalik Buterin Moved a Bunch of Money Buterin has donated more...

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Stanley Druckenmiller: BTC Will Be at the Top for a Long Time

As of late, bitcoin has been suffering somewhat. The world’s number one digital currency by market cap has fallen into the high $53,000 range, which is about $2,000 less than where it has been all week. While bitcoin falls, other currencies – such as Ethereum – are reaching record highs, yet analyst and big-time investor Stanley Druckenmiller is confident that no permanent harm will come to the currency, and that it will remain at the top of the crypto ladder at least...

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Could Bitcoin Be Heading Into Unstable “2017-ish” Territory?

Bitcoin appears rather stable as of late. The currency has had some relatively wonky up-and-down moments over the past few weeks, but for the most part, the currency has found some sturdy ground to stand on over the past two days and is trading for a little over $56,000. It is not the $64,000 it was at just a few weeks ago, but it is certainly not the $49,000 it briefly dropped to after that. Bitcoin Is Seeing Some of the Same Patterns Either way, one research group is...

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Ethereum Price Analysis: ETH Trims Gains From $4,220, But Dips Limited

Ethereum price started a fresh rally above the $4,000 resistance against the US Dollar. ETH price is currently trading well above $3,500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,800 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,800 and $3,600 levels. Ethereum price extended its rally above the $4,000 level against the US Dollar....

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Ethereum Hits New High. Is $5K Next?

Ethereum—the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin—has struck gold over the weekend and has seemingly hit a new all-time high exceeding $3,000 per unit. Ethereum is Trading for More Than $3K Ethereum is arguably one of the biggest and most popular coins around. While it may not have the market value of bitcoin or the size and scope of its predecessor, it is still a very important coin for many reasons, the biggest...

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Kevin O’Leary: ETH Will Never Have BTC’s Power

Kevin O’Leary – aka Mr. Wonderful from the popular television program “Shark Tank” – has a lot of respect for both bitcoin and Ethereum. He thinks they are both remarkable developments in the world of finance. It is just that he respects bitcoin a little more. Kevin O’Leary: Bitcoin Will Always Be King In a recent interview, O’Leary commented that Ethereum – no matter how popular it is or how big and strong it becomes – will always be “number two” following bitcoin....

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