By CCN: Year-to-date, ether (ETH), the native crypto asset of the Ethereum blockchain network, has increased by 112 percent against the U.S. dollar, recovering to $285 from $133 at the start of the year. Ethereum (ETH) is up 112 percent year-to-date (source: coinmarketcap.com) Jehan Chu, a co-founder and a managing partner at Kenetic Capital, believes the Ethereum blockchain network is
Bitcoin, which has exploded back into the public consciousness over the last few weeks following a huge surge in the bitcoin price, has again captured the attention of some of the world’s biggest investors and traders. The bitcoin price, which began the year at under $4,000 per bitcoin, has soared to highs of almost $9,000 at the beginning of this
The bitcoin price has taken a turn towards the upside in 2019, rising roughly 135% so far this year. This most recent price surge, which started around the beginning of May, followed reports from Adamant Capital and Delphi Digital that the bitcoin price had likely reached its bottom for the current market cycle. Having said that, there is still plenty
Three of the most famous cryptocurrencies that most people have heard of are Bitcoin, Ethereum, and Litecoin. Not only have they survived longer than many others, but they have all maintained their strong positions in the rankings of most valuable cryptocurrencies. Each one has its own unique attributes that they hope will help them compete
Bitcoin (BTC) may have dropped by 4% in the past 24 hours, receding to $7,600 in an interday drop, but many analysts and investors are still optimistic. The thing is, the fact that BTC collapsed to $6,100 and then skyrocketed to tap $8,000 for a second time was deemed by many to be wildly positive, as
By CCN: Josh Rager, a cryptocurrency trader and technical analyst, expects a healthy pullback for bitcoin based on the historical performance of the asset in the past three years. Since 2016, the bitcoin price has tended to correct by 30 to 40 percent following a strong short-term rally. The bitcoin price is up nearly $3,000 in 30 days
Litecoin is among major cryptocurrencies that are attracting attention at the moment. This comes at a time the asset’s prospects appear bright after encountering a turbulent 2018. By the time of writing this article, Litecoin was trading at $89.01 with a market capitalization of $5.5 Billion, However, based on a number of factors within the Litecoin community, we
Bitcoin, which has been rapidly climbing in price over the last couple of months, has reignited the public debate surrounding the future of cryptocurrencies, their value as investments and their use in an increasingly digital world. The bitcoin price, now double where it began 2019, has been hovering just above $8,000 since gaining $2,000 per bitcoin in just a
With bitcoin (BTC) price rally showing signs of exhaustion above $8,000, investors have begun diverting money into relatively cheap alternative cryptocurrencies (altcoins). The world’s leading cryptocurrency by market value jumped to a 10-month high of $8,335 in the early European trading hours on Tuesday. The rally, however, stalled with BTC witnessing a minor pullback to lows near
Bitcoin spiked to more than $7,500 on Sunday — a sharp rise from its $5,000 level at the start of May, and more than double its price in mid-December. Analysts have struggled to identify one single catalyst. “With no major news factors behind the aggressive appreciation, the sharp $1000 jump over the weekend remains a