Crypto market woes don’t seem to settle anywhere as major cryptocurrencies slip below their crucial levels.
The new partnership is aimed at building an infrastructure necessary for a wider adoption of crypto-trading products by institutional investors, including banks and investment funds.
Vitalik Buterin, the co-founder of the Ethereum blockchain, asked people not to throw their life savings into virtual coins and warned about slammers offering cryptocurrency on Twitter.
Two major cryptocurrencies show the signs of recovery after last-week’s market crashdown. The third largest, Ripple, also gains pace with 68% growth.
Over the last 5 trading sessions, Ether price has been sharply decreasing. This can be explained by both fundamental and technical factors, with fundamentals prevailing.
Data changes made by CoinMarketCap shows tumbling cryptocurrency market and causes an uproar in the crypto community.
After its bullish run to above $800 billion, crypto markets are seen correcting by nearly 10%.
At the end of 2017, there come several hottest trends in the cryptocurrency world that are existing to track down.
One of the most traded cryptocurrencies reached the new level and gave rise to the new wave of interest.
Currently trading at $825, Ether price is likely to be pushed straight away, breaking through $1,000 to as high as $1,500 in Q1 2018.
Ethereum price rise is closely connected to the negative news around Bitcoin.
Following its sudden drop by nearly 10% on Wednesday, bitcoin price recovers, hitting the mark of $5.667 today.