Below $300: Ether Price Hits New Low for 2018

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Ether, the world's second largest cryptocurrency by market cap, fell to its lowest price on Monday at 2018. According to CoinDesk's Ethereum Price Index (EPI), cryptocurrency fell below $ 300 for the first time since November 12, 2017, at 16:50 UTC on Monday's trading session. The ETH appears to have traded at an average price of $ 289.16. This is a 9.6% decline since the end of the day. According to data from CoinMarketCap, ETH is the biggest loser among the top 10 cash-to-market calls in the market, with a…

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Bitcoin Price Move Past $6.5K Would Boost Upside Potential

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In preparation for all possibilities, Bitcoin (BTC) supported a $ 6,000 support on weekends, opening a strong visibility rally of over $ 6,480. Friday's decline below $ 6,240 (bears flag crash) opened the June low of $ 5,755 retest. BTC closed at $ 6,183, the lowest level on Thursday. On July 25, the highest selling price was $ 8,507. Apparently, the odds were built up in favor of the bear, still, rests below $ 6,000 were not materialized. The major cryptocurrency has risen to $ 6,500 before printing on a…

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Today’s Close Could be Pivotal for Bitcoin’s Price

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Bitcoin (BTC) closes today and a short-term pricing trend will be determined. The main cipherability prevented Thursday 's three – day losing streak, witnessing a 26 percent surge seen over the last three weeks being overstated. More importantly, bear trade is still declining and the stock market is still reluctant to enter the market at this level because BTC traded yesterday within the high and low ranges of the previous day. It is safe to say that the Bitcoin market has become depressed over the past 24 hours. However, even…

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 10

bitcoin ethereum ripple bitcoin cash eos litecoin cardano stellar iota tron price analysis august 10

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Just a few days back we were discussing whether cryptocurrencies have entered a bull phase. Now, after the recent slump in prices, analysts are predicting a huge fall on Bitcoin (BTC). Bloomberg Intelligence analyst Mike McGlone believes that Bitcoin will plunge to last…

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Yale Research Proposes Factors for Crypto Price Prediction

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Yale University financial experts have suggested a system of factors to predict price trends in major cryptocurrencies, according to an official statement by YaleNews Aug. 6. The new study was conducted by Yale economist Aleh Tsyvinski and Yukun Liu, a Ph.D. candidate in the Department of Economics, and is reportedly the “first-ever comprehensive economic analysis of cryptocurrency and the blockchain technology.” In the paper, the authors intend to provide a “risk-return tradeoff” of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), according to its historical performance data.…

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 06

bitcoin ethereum ripple bitcoin cash eos litecoin cardano stellar iota tron price analysis august 06

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto world had cheered the prospects of Bitcoin futures trading last year. However, Bitcoin (BTC) prices topped out just as Chicago Board Options Exchange (CBOE) futures began trading. Though not directly responsible for the fall, the futures traders have had an effect…

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