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1168 days ago

Ether has lost a quarter of its value since hitting a record high this week

The cryptocurrency of the Ethereum blockchain hit the $1'400 all-time high this week, but it is down to the $1'000-$1'000 today. That's almost a 24% decline.

Ethereum failed to maintain its record high price

1168 days ago

Bitcoin slid below $29,000

The digital currency fell 7.7% to $28,818 and then steadied around $30,000. This is its worst week since the pandemic. Comments by Yellen saying bitcoin is used for illicit activities may have added to the slide. Others suggest this to be a natural correction before Bitcoin's assimilation with Wall Street becomes complete and prices surge to $100,000. Source- Bloomberg

1169 days ago

Bitcoin slows after Yellen speech

Bitcoin tumbled as much as 8.3% in the European morning, falling below the  $33,000 mark. Bitcoin has been trending lower since breaking past $40,000, and losses have accelerated in the past two days. Is it time to exit ? - Bloomberg

1170 days ago

Goldman Sachs reportedly coming to crypto

According to an insider source, Goldman Sachs decided they could no longer ignore the importance of bitcoin. As recently as last May, the investment bank even said that bitcoin and cryptos were not even an asset class. However, this is about to change as the bank is apparently preparing a crypto custody strategy.

Goldman Sachs reportedly coming to crypto

1171 days ago

Ethereum surges above $1400, hits record high, three years after first peaking...

While Bitcoin has been grabbing headlines at higher and higher record highs, Ethereum has been quietly playing catch up and overnight rallied back above $1400, topping the record highs from January 2018..ETH traded at $1440 this morning, topping the $1420 previous high...In fact, as Cointelegraph reported, the Ethereum network now settles around 28% more transactions daily than Bitcoin (BTC), but remains plagued by high fees as a result of increased usage. Once again the ETH/BTC ratio appeared to find support at around 0.025x as ETH ralied back relative to BTC since 2021 began. Overall, the altcoin benefited from interest in decentralized finance (DeFi) trading built around the Ethereum network, within the context of a broader altcoin resurgence which began taking shape earlier in January. Source: www.zerohedge.com 

Ethereum long-term chart
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