Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst ...
Crypto analyst and trader Tyler Durden has revealed his bullish sentiment towards Ethereum (ETH). The analyst suggested that the ETH rise was inevitable and that it was better for traders to go with the tide. Ethereum Is Set To Rise To $10,000 Durden mentioned in an X (formerly Twitter) post that Ethereum to $10,000 is the “most asymmetric bet” in crypto today. He further stated that “as annoying as that is, [it’s] just the way the chips have fallen,” suggesting that ETH’s rise to this price level was inevitable. He also hinted that he would bet on ETH regardless of how he felt about the....
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Following the Terra LUNA network collapse back in 2022, the price of Ethereum followed the general market downtrend. As a result of this, the ETH price had fallen to a new cycle low of $900, before recovering once more. However, now that the altcoin is still deep in the throes of the bear market, questions have arisen once more about the chances of the price returning to its 2022 lows. Crypto Analyst Says Ethereum Could Drop To $900 In an analysis posted on TradingView, crypto analyst FieryTrading presents a scenario in which the price of Ethereum could fall back toward its 2022 lows. The....
KnCMiner, a company, based in Sweden, has unveiled their new line of Solar chips which will have a 16 nm process. Currently, most updated chips run on a 20 nm process. 20 nm process chips can achieve the efficiency of .7 W per Gh/s. 16 nm chips are believed to improve the efficiency of mining tenfold, resulting in an efficiency of .07 W per Gh/s. With these specifications, a 1.4 KW miner that could be powered by a standard home outlet could mine at 20 Th/s. KnCMiner’s new chips are planned for launch in Q1 of 2015. With rapid improvements in ASICs, Bitcoin miners will need to continually....
The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to go before the crash is over, prediction another 20% decline from here. Bitcoin Falls Below Major Pricing Band Crypto analyst Ali Martinez posted a new analysis on X (formerly Twitter) on the Bitcoin price that paints a rather bearish picture for the pioneer cryptocurrency.....
Classic ether (ETC) trading volume has now fallen more than 99% from its peak over the summer. The digital currency, which powers the alternative ethereum blockchain, ethereum classic, came into existence in July amid a stream of enthusiasm. However, data suggests these high hopes have now fallen off. CoinMarketCap data reveals 24-hour trading volume repeatedly fall below $600,000 today, a figure that represented less than one-half of 1% of its all-time high of $155m reached on 3rd August. Yet, the tepid trading volume represents a mere glimpse of the low transaction activity ethereum....
Bitcoin and Cryptocurrencies have opened up new opportunities for all sorts of businesses and people who come with the concepts for them. One of the businesses that have sprung up is Crypto Chips, which are poker chips in a variety of different digital currencies. Entrepreneurship comes in many forms, and Crypto Chips is another great example of it. The Bitcoinist was able to interview the creator of CryptoChips.net Yakpimp from twitter and in the forums. What made you decide to make Bitcoin and Cryptocurrency poker chips? I was sitting at my desk one day thinking and wanted to be able to....