There is no one-size-fits-all answer to this question, as the cause of an Ethereum crash could be any number of things. However, some possible causes could include a hacker attack, a flaw in the Ethereum code, or simply a decrease in demand for the cryptocurrency. If Ethereum were to crash, it could potentially have a […]
What Happened To Crypto Last Night
Cryptocurrencies had a rough night on Wednesday, with most major coins posting declines of more than 5%. Bitcoin was the worst performer, dropping more than 7% to below $6,000. Ethereum fell more than 8% to below $470, while XRP was down more than 9% to below $0.45. The declines came amid broader weakness in the […]
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How Crypto New Subprime
Cryptocurrencies are often seen as a safe investment, due to their decentralized nature and the fact that they are not tied to any physical currency. However, the recent crypto ‘new subprime’ crisis has shown that this is not always the case. In early 2018, the price of Bitcoin and other cryptocurrencies began to fall rapidly, […]
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How Trashtalking Crypto Bro Billion Crash
In the cryptocurrency world, there are many tales of overnight millionaires – and of those who have lost everything they put in. The latest such story is that of a so-called ‘crypto bro’ who lost a billion dollars in a single day. The crypto bro in question is said to be a young man who […]
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Why Did Crypto Crash In 2018
Cryptocurrencies have been on a roller coaster the past few months. In January, the total market cap for all cryptocurrencies was over $830 billion. As of this writing, that number has fallen to $236 billion – a whopping 72% decrease. So, what happened? There are a number of factors that contributed to the cryptocurrency crash. […]
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