Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future.
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Category: Ethereum
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Bullish sentiment begins to fade after Ethereum all-time high at $4,200
Ethereum price soared to $4,200 but derivatives data reflects a decline in the bullish sentiment of Ether futures and options traders.
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Ether balances on centralized exchanges fall to lowest level since June 2019
Glassnode asserts that Bitcoin investors have been converting BTC into Ether during May.
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Morgan Creek’s Mark Yusko Predicts Bitcoin Can Reach $250K in 5 Years
Mark Yusko, Morgan Creek Capital Management’s CEO and cofounder, is extremely bullish on bitcoin. Despite a period of consolidation, Yusko expects the leading crypto asset to tap $250,000 in five years. In a recent interview, he said that the network continues to swell in an “exponential way.” Morgan Creek’s CEO Sticks to His Six-Digit Bitcoin […]Powered by WPeMatico
Price analysis 5/10: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, BCH, LTC, LINK
Ethereum’s increasing dominance has kept traders focused on altcoins but Bitcoin’s struggle to hold above $59,000 could send the entire market tumbling.
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Ethereum Skyrockets Past $4K Tapping a New ATH, Ether Dominance Jumps to 20%
The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months. Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins to Trend Ethereum […]Powered by WPeMatico
The Future of Ethereum in a Meme: Ultrasound Money
The “ultrasound money” meme has been running in Ethereum based circles for some time, gaining momentum as the asset rises and rises in value during this bull market. While it is considered a joke by many, like a myriad of memes, it hides a very complex array of factors that contribute to Ethereum’s newfound status. […]Powered by WPeMatico
Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment Management, also known as Ark Invest, published a research note last […]Powered by WPeMatico
Record fundamentals meet $4K Ethereum: 5 things to watch in Bitcoin this week
Bitcoin bulls face off with altcoins after the largest cryptocurrency’s latest rejection at $60,000 resistance.
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South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area that is “likely to yield much of the extra tax” for the […]Powered by WPeMatico