This past weekend, the price of Ethereum (ETH) dropped significantly from around $320 to $260. While the drop could be a result of various factors, there are a few reasons that are particularly worth noting. First, Ethereum’s falling price could be attributed to the SEC’s recent decision to delay their ruling on the VanEck/SolidX Bitcoin […]
Why Is Ethereum Dropping Reddit
Ethereum has been on a downward trend for the past few months. The cryptocurrency reached its peak in January, 2018, when it hit a value of $1,431. However, its value has been dropping since then and is now trading at $362. One of the reasons for this decline is the increasing competition from other cryptocurrencies. […]
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Why Did Ethereum Classic Drop In 2018
In January of 2018, the price of Ethereum Classic (ETC) surged to an all-time high of over US$40. However, since then, the price has fallen steadily and is now trading at around US$10. So, what caused the Ethereum Classic price to drop so much in 2018? There are a number of factors that could have […]
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What Is Bitcoin Circulating Supply
The Bitcoin circulatory supply is a measure of the number of Bitcoin in flow. The metric is used to gauge the health of the Bitcoin economy and to identify potential problems. The Bitcoin circulatory supply is calculated by counting the number of Bitcoin in active circulation and multiplying it by the current market price. The […]
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How Low Was Bitcoin
Bitcoin was worth $1,000 in January. It plummeted to $6,000 by mid-June. As of this writing, it sits at about $8,200. What happened? Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin […]
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