Tag Archives: ethusd

Less than a month after VanEck filed documents with the SEC to launch an Ethereum ETF, WisdomTree has done the same. The asset manager, based in New York, has previously applied for Bitcoin ETFs but to no avail so far. Founded in 2006, WisdomTree is an American exchange-traded fund and exchange-traded product sponsor and asset manager with over $42 billion in AUM (as of 2018). According to a recent filing with the US Securities and Exchange Commission, the organization plans...

If investors can cope with the massive double-digit price swings in the cryptocurrency markets, they will eventually prevail, asserted the President of Bianco Research, Jim Bianco. He also admitted to owning ether instead of bitcoin, as he sees more potential of surging higher. The Volatility in Crypto Markets is to Be Expected The cryptocurrency space is known for its enhanced price fluctuations. Doubled-digit percentage drops and increases are nothing new, and the past...

Charles Hoskinson – the founder of the blockchain platform Cardano – revealed his three reasons why Ethereum falls behind his project. Additionally, he scratched the topic of BTC’s energy consumption. Why Cardano Is Superior to Ethereum? In a recent Yahoo Finance interview, Cardano’s founder Charles Hoskinson criticized Ethereum’s network by calling it overrated and outlining a lack of vital qualities. First, Ethereum can only process smart contracts while the rival Cardano...

It has taken bitcoin five days to recover the most recent losses and jump above $40,000. Most altcoins are well in the green, too, with Ethereum reaching $2,900 and BNB nearing $400. Bitcoin Tops $40K The primary cryptocurrency experienced numerous corrections in the past few weeks. The latest started on Friday following more FUD from China. In a matter of hours, bitcoin fell from $42,000 to a daily low of $34,000. The situation worsened during the weekend, and BTC slumped to...

Todd Morley – co-founder of Guggenheim Partners and chairman of the blockchain project Overline – said that Ethereum has ”much higher utility” than Bitcoin. Additionally, he outlined ETH’s rapid development progress. ETH Is More Than a ‘Thing’ In a recent Bloomberg interview, Todd Morley – a former executive of the global investment company Guggenheim Partners – compared the utilization of the networks behind the top two digital assets. However, he was short-spoken about...

Ethereum (ETH) Co-founder Vitalik Buterin had some words for Elon Musk after posting on Twitter that Dogecoin could increase its block size by 900%. Vitalik had several counterarguments for Musk’s claims in a paper published on his personal blog. He emphasised that scalability and higher throughput can be achieved by simply increasing the network’s parameters. However, this could compromise the system to extreme centralisation and completely flip a blockchain’s original...

ETH/USD: Is Ethereum Losing The $2K Mark? Key Support Levels: $1,888, $1,800, $1,625. Key Resistance Levels: $2,000, $2,275, $2,400, $2,800. ETH is down by a steep 55% over the past eleven days, the day ETH saw its all-time high around $4,400, as the coin dropped beneath $2,000 earlier today. The cryptocurrency suffered a steep decline on Wednesday during the cryptocurrency market crash as it dropped from over $3,400 to reach as low as $2,036, according to Bitstamp. Despite...

With bad news attacks coming from all directions over the past week, bitcoin’s price fails to recover any of the recent losses. In the past 24 hours alone, the cryptocurrency fell by almost $10,000 following another set of China FUD. Most altcoins have it even worse, with double-digit price slumps charted from ETH, BNB, ADA, DOGE, XRP, and more. China Causes Another $9K Dip for BTC Bitcoin has seen better days. The massive sell-off during the week caused substantial...

Tom Tugendhat, a member of Parliament of the United Kingdom, urged the nation towards implementing more innovations in its financial sphere. Interestingly, he also outlined the growth of the cryptocurrency sector and hinted he was more bullish on ether rather than bitcoin. UK Member of Parliament Bullish on ETH Tugendhat is a British Conservative Party politician serving as the Chairman of the Foreign Affairs Committee since 2017. He has also been a member of the UK...

The past seven days were particularly volatile and, unfortunately for many, bears had the upper hand. Bitcoin dropped to a price not seen since January, while the rest of the market followed. Bitcoin Bitcoin is down another 18.5% this week as it trades near $40,900. The cryptocurrency is now down by a total of around 35% from the $64,895 all-time high set in April. BTC saw an extremely volatile week in which prices dropped as low as $30,000 on Wednesday – hitting levels not...