Despite the sharp drop in the cryptocurrency market that happened on Tuesday, Bitcoin, Ethereum and other altcoins may still rise in price. And it is strong, and by the end of the year. This is the opinion of Bloomberg analyst Mike McGlone. According to his prediction, by the end of the year Bitcoin may rise […]
Tag: Ethereum
Minus $ 6,000 for one hour. Bitcoin crashed
Yesterday evening turned out to be one of the most difficult for Bitcoin this year: if in the daytime the quotes were above the $ 51,000 mark, then at the end of the day, literally in an hour, they sank to $ 46,000 (dropping even to $ 44,600). At the moment, Bitcoin is trying to […]
Bitcoin nevertheless stuck behind the $ 50,000 mark, while Ethereum’s cost exceeded $ 4,000
Bitcoin continues to rise in price gradually. Earlier, the main cryptocurrency of the world has already tested the $ 50,000 bar several times, but still could not get a foothold in it, but now it still succeeded. During the day, Bitcoin has risen in price by about 1.5%, at its peak the cost reached $ […]
Over the night, Bitcoin has risen in price by $ 2,000, Ethereum is already worth $ 3,750 and a new record for Cardano
Ethereum, which rose in price to $ 3,500 yesterday, continued to grow at night – and now, as of the morning of September 2, they give about $ 3750 for 1 ETH (growth per day – by almost 9%). Bitcoin, which was marking time yesterday at the level of $ 47,500, also rose in price […]
Ethereum Price Jumps After Update That Reduces Transaction Fees
The London update was released on the Ethereum blockchain network, which brought with it a number of innovations and stabilized the mechanism for calculating commissions for transactions. Immediately after the appearance of this information, the cryptocurrency rate increased from 2.5 to 2.8 thousand dollars. According to the official disclosure, the new transaction pricing mechanism includes […]
Elon Musk said that he is not satisfied with Bitcoin and Ethereum
Elon Musk spoke about what he is not satisfied with Bitcoin and Ethereum. With regard to Bitcoin, the head of Tesla has already spoken out, but then it was about the fact that a lot of energy obtained from non-renewable resources is used for its production. And now Musk has touched on the topic of […]
In a month, the computing power of the Ethereum network decreased by 17%. This is equivalent to the withdrawal from the market of 895,000 GeForce RTX 3090 video cards.
After a strong decline in the value of cryptocurrencies as a result of the tough actions of the Chinese administration against miners, many crypto-miners began to go out of business and sell off their farms. As a result, the computing power of the Ethereum and Bitcoin networks has significantly decreased. If earlier, at its peak […]
Elon Musk would approve. British farmer uses cow dung to power an Ethereum mining farm
Recently, the sharp drop in the Bitcoin exchange rate is associated with Tesla’s refusal to accept this cryptocurrency as payment for its electric cars: then Elon Musk spoke out very categorically due to the fact that “dirty” energy sources such as coal are mainly used for Bitcoin mining. fuel oil and others. After that, several […]
Goldman Sachs: Ethereum May Become The Main Cryptocurrency Of The World Instead Of Bitcoin
Ethereum has always been in the shadow of Bitcoin – the main cryptocurrency of the world, but in the future everything may change: analysts at Goldman Sachs believe that Ethereum may take the place of Bitcoin. True, it is not yet clear when this might happen. Goldman Sachs sees many factors driving the growth of […]
Bitcoin price falls below 40,000 while Ethereum price loses the $ 3,000 level as support
Bitcoin’s price drops below $ 40,000, losing roughly 40% from its all-time high at $ 64,895. This nosedive has pushed BTC below the 200-day SMA at $ 39,818, being a bearish sign from a technical perspective. Ethereum’s price followed the flagship cryptocurrency, dropping below $ 3,000 after a 35% drop from its all-time high of […]