Ethereum tumbles 7% right after new all-time highs: Are ETH bulls in trouble?

Ethereum has fallen by more than 7% in the last several hours, a day after breaking its ETH/USD all-time high from three years ago. The price of Ether (ETH), the native cryptocurrency of Ethereum, fell sharply as Bitcoin (BTC) corrected overnight on Jan. 20. Bitcoin price slid to as low as $34,000 on Binance, recording a 10% drop since yesterday’s peak. Bitcoin price chart with key levels. Source: TradingView.com, TraderXO Why did Ether price drop particularly hard? Ether has outperformed Bitcoin so far in January, as Cointelegraph previously reported. As…

Read More

As Ether price breaks all-time high Buterin’s ETH holdings up 8x in a year

With Ether surpassing its $1,428 all-time high, Buterin is close to re-joining the class of crypto owners who hold $500 million or more in cryptocurrency. At the current ETH price, Buterin’s Ether holdings on his main wallet — “VB” — amount to over $470 million. Back in 2018, the Ethereum co-founder posted his main wallet address. Two other wallets — “VB 2” and “VB 3” — are also associated with Buterin. In Jan. 2020 the Ethereum co-founder’s ETH fortune stood at a mere $58 million. Such has been Ether’s bullish…

Read More

Binance Coin (BNB) hits a new all-time high one day before its token burn

Over the past 6 months, Binance Coin (BNB) has been quietly rallying higher, gaining 189% during this period and notching a new all-time high at $46.90 on Jan. 18. This price peak happened just one day before its quarterly token burn, leading investors to question whether or not BNB price will move higher once the event concludes.  A token burn is a permanent removal of coins from circulation and this deflationary technique is a common practice used by many projects in the crypto sector. As Cointelegraph reported, the process does…

Read More

Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High

The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61 trillion, the highest difficulty the network has ever experienced in the last 12 years. One aspect of the Bitcoin (BTC) network that people look at to measure the protocol’s overall health and growth is the hashrate. At the time of publication, the BTC hashrate is…

Read More

Google searches for ‘Ethereum’ hit all-time high

More people are searching for the word “Ethereum” now than ever before in its history.  Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height of the last ETH bull run. Ethereum’s previous peak in search term popularity was on Jan. 13, 2018 — the date of ETH’s all-time high of $1,432.88. Google Trends Worldwide Search Interest for #Ethereum projected to reach an all-time high: pic.twitter.com/oisOk9HhoD — Michael Vincent (@mmichaels_21) January 7, 2021 Historically considered…

Read More

AAVE price soars to $123 all-time high as TVL rises and fundamentals improve

As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs. The growth of the decentralized lending platform appears to be bolstered by improving fundamentals, steady growth in the total value locked on the platform, and the creation of a DeFi based crypto-collectibles token and community called Aavegotchi, Unarguably, Aave was one of the DeFi success stories of 2020, as its price rose from $2 in January 2020 to today’s all-time high at $123.92. AAVE/USDT 4-hour chart. Source: TradingView.com…

Read More

Bitcoin hits all-time high against gold as haven battle rages

Bitcoin price claimed another all-time high on Friday, this time against gold, offering further confirmation that demand for digital assets is on the rise.  As Bitcoin (BTC) zipped past $29,000 on Friday, the digital currency reached a high of 15.40 gold ounces, surpassing the previous peak from December 2017, according to MarketWatch data. Bitcoin priced in gold bullion via MarketWatch According to U.Today, the Bitcoin-gold rate peaked at 15.62 ounces during the early morning. 2020 was a watershed year for Bitcoin as institutional adoption helped catalyze a bull market unlike any…

Read More

Bitcoin price inches closer to $30,000 with new all-time highs

Bitcoin (BTC) returned to hitting records on Dec. 30 after a fresh rebound took it above its $28,400 all-time high. BTC price nails fresh all-time high Data from Cointelegraph Markets and TradingView showed BTC/USD tackle its existing historic top during trading on Wednesday. In a strong resurgence overnight, Bitcoin confirmed that it had no time for bears after briefly dipping as low as $25,830 over the past 24 hours. Daily gains were at 7.5% at press time as $28,560 became reality. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView The move brings…

Read More

Crypto Markets Rebound, BTC Taps Another All-Time High, Bitstamp Drops XRP for US Customers

The price of bitcoin and a myriad of digital currencies have seen some significant gains on Christmas day. Bitcoin touched another all-time price high at $24,662 per coin, while many other crypto assets rebounded from the previous day’s slump. On December 25, 2020, bitcoin (BTC) touched an all-time high (ATH) at $24,662 per coin after dropping to a low of $22,879 on December 23. BTC is up over 3.7% today, over 28% for the last 30 days, and 124% for the last 90 days. At the time of publication, BTC…

Read More

Bitcoin Price Hits All-Time High – Bitcoin Magazine

Bitcoin has hit a new all-time highest price relative to USD as listed on Bitstamp, eclipsing its previous high of $19,666.00 set on the exchange on December 13, 2017. The specific price of BTC relative to fiat currency at any given time depends on the rate set by specific exchanges, and the listed all-time high price or price at any given time depends on the particular data set referenced. Though Bitstamp does not list the highest all-time bitcoin price of any exchange (Bitfinex, for instance, listed bitcoin at $19,891 on…

Read More