Ether Dump? Price Falls Back to Earth as Trading Floors Open
As Ethereum finally began trading on major exchanges over the August 8 weekend, the price fell dramatically in what has been called by traders as the “Ether dump.” The price of Ethereum's native coin went from roughly US$2.50 to about US$0.75 per Ether at the time of writing. When exchanges like Kraken and Poloneix started accepting deposits, the Ethereum development team asked them to hold and wait for a 24 hour period worth of confirmations to verify network stability. While Gatecoin and Poloneix followed suite, Kraken allowed verified traders who offered collateral, to sell Ether early,....
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Last week, Peershares lead developer Jordan Lee announced his semi-secret project, NuBits, would release on September 23. He revealed few details about the project, but investors began buying Peercoin in anticipation that NuBits would increase Peercoin's value. However, once investors realized NuBits is an entirely new altcoin and will have little effect on Peercoin, the Peercoin price began to fall back to earth. CCN analyzes this altcoin price movement to help investors make informed trading decisions. Peercoin Price Falls Back to Earth. Peercoin. On September 15, the Peercoin price fell....
Next Earth expands its Metaverse with the first-ever transportation layer Say goodbye to the hassles of traditional travel with Next Earth Everything you think about traveling is worth reconsidering because Next Earth has taken transport to a whole new level. Next Earth, sustainability-focused Metaverse with nearly 240,000 users and over 45,000 virtual landowners, has announced […]
On Friday evening, shortly before the markets close in Europe, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted levels that we would be keeping an eye on throughout the weekend in the bitcoin price, and suggested where we would look to get in and out of the market according to our intraday bitcoin price breakout strategy was concerned. Now action has matured, and as we head into a fresh week's worth of trading in the bitcoin price, what of levels that were keeping an eye on, and where will we look to draw profit today? Take a quick look at the chart. As....
The crypto market has seen better days, with the majority of currencies seeing a price slump in the past few months. Next Earth, however, is bucking the trend, having raised $2.1 million from 3,100 users in its recent token presale. Next Earth is a decentralized platform that is designed to be a replica of Earth. […]
With the recent rise in tensions between NATO and Ukraine, ETH’s weekly losses have increased by 17%. Ethereum has been on quite the roller coaster ride over the last 24 hours, with prices dipping as low as $2500 before surging up to a local high of 2,653 USD. However, at press time, it is trading close to $2,636 – making its way back towards normalcy after this latest bout damped volatility in cryptocurrencies across all coins, including bitcoin & ethereum alike. Related Reading | TA: Ethereum Primed For Strong Recovery And Only 1 Thing is Holding it Back The recent....