Tag: ether price

Bitcoin Price Today Falls Most Since June Plunge; Ether Slumps Before Merge
14Sep By adminNo Comments
Technology

Bitcoin Price Today Falls Most Since June Plunge; Ether Slumps Before Merge

[ad_1] Bitcoin tumbled more than 10%, the biggest decline since cryptocurrencies plunged in June, as the broad-based selloff in financial markets spilled over into the digital-asset sector. Bitcoin tumbled more than 10%, the biggest decline since cryptocurrencies plunged in June, as the broad-based selloff in financial markets spilled over into the digital-asset sector. Ether fell almost 9% to $1,571 even as its underlying Ethereum network is poised for a long-anticipated energy-saving software upgrade. Tether, the largest so-called stablecoin, is the most traded token on Tuesday as investors seek shelter from the sector's volatility. Other stablecoins such as Binance USD and USD Coin also saw a jump in volume. US stocks...
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Crypto Lending Now Pays Less Than Safest US Government Debt
14Sep By adminNo Comments
Technology

Crypto Lending Now Pays Less Than Safest US Government Debt

[ad_1] Cryptocurrencies are facing a new threat: the lure of Treasuries offering a similar payout for a whole lot less risk. Cryptocurrencies are facing a new threat: the lure of Treasuries offering a similar payout for a whole lot less risk. In a rare reversal, crypto yields that institutions typically seek out have fallen below what the US government pays to borrow for three months, giving the hedge funds and family offices that have flocked to the digital space one less reason to keep investing.The Federal Reserve's hawkish stance is driving up interest rates almost everywhere -- except in the speculative world of crypto, where yields have collapsed alongside volumes, wiping out some of the main avenues for generating doub...
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Ether Lags Bitcoin in Countdown to Revamp of Ethereum Blockchain
14Sep By adminNo Comments
Technology

Ether Lags Bitcoin in Countdown to Revamp of Ethereum Blockchain

[ad_1] The cryptocurrency market is flashing some signs of caution with just two days to go before a critical software upgrade of the Ethereum network, the sector’s most commercially important blockchain. The cryptocurrency market is flashing some signs of caution with just two days to go before a critical software upgrade of the Ethereum network, the sector's most commercially important blockchain. The wariness is evident in the way Ether, the network's native token, is lagging Bitcoin of late: the second-largest digital asset is down about 13% in the past month, compared with an 9% drop in Bitcoin. The gap between a gauge of expected volatility in Ether and a similar index for Bitcoin is also elevated. At issue is whet...
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Ether Could Drop to $1,000 or Below, Chart Shows
3Sep By adminNo Comments
Technology

Ether Could Drop to $1,000 or Below, Chart Shows

[ad_1] Ether may drop to $1,000 for the first time in two months, with volatile price swings in the second-largest cryptocurrency ahead of its much-anticipated Merge upgrade. Ether may drop to $1,000 for the first time in two months, with volatile price swings in the second-largest cryptocurrency ahead of its much-anticipated Merge upgrade. Technical indicators on momentum and price trends show that the token's tumble from a peak of about $2,000 in mid-August to the current zone near $1,500 is likely to continue.  “Ether has broken down below initial support from its 50-day moving average, increasing downside risk with short-term momentum now negative,” said Katie Stockton, co-founder of Fairlead Strategies, who added that “...
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