Ethereum Cryptocurrency is currently on bullish momentum by 25.40% in the last 7 days. At 16:53 EST on Thursday, 15 April, Ethereum is at $2,494.37.
Currently, Ethereum has 911941 Twitter followers and 779512 Reddit subscribers.
As of now, on Github, there are 10813 forks, 29425 stars, and 2056 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ethereum’s crypto is considered to be oversold (<=20).
News about Bitcoin
Bitcoin approaches $65,000 with coinbase listing fueling demand. According to Bloomberg Quint on Wednesday, 14 April, "Growing mainstream acceptance of cryptocurrencies has spurred Bitcoin to a 120% rally since December, as well as lifting other tokens to record highs. "
First inverse Bitcoin ETF to debut for betting on crypto plunge. According to Bloomberg Quint on Wednesday, 14 April, "Canada is once again beating the U.S. in a Bitcoin milestone, as the first inverse Bitcoin exchange-traded fund will debut Thursday on the Toronto Stock Exchange.", "Horizon’s BetaPro Inverse Bitcoin ETF will provide up to 100% the inverse daily performance of an index that, according to the statement, "replicates the returns generated over time through exposure to long notional investments in Bitcoin futures." It will charge a 1.45% management fee, while a sister product called BetaPro Bitcoin ETF (HBIT), also debuting Thursday, will cost 1.00% and track Bitcoin futures."
Wallstreetbets bows to crypto wave, allows Bitcoin discussion. According to Bloomberg Quint on Thursday, 15 April, "Even the moderators of WallStreetBets can’t hold back the rising Bitcoin crypto wave any longer.", "Euphoria around digital assets surged this week as Bitcoin hit a record of almost $65,000 before pulling back after the debut of the U.S. crypto exchange Coinbase Global Inc. on Nasdaq Wednesday."
Bitcoin extends all-time high as traders eye coinbase listing. According to Bloomberg Quint on Tuesday, 13 April, "Isabel Schnabel, member of the executive board of the European Central Bank, called Bitcoin "a speculative asset without any recognizable fundamental value" in an interview with Der Spiegel this month.", "Coinbase’s public debut this week is also boosting the digital coins of other cryptocurrency exchanges, such as Binance Coin, which has jumped to become the third-most valuable cryptocurrency behind Bitcoin and Ether."
While coinbase savors listing, Bitcoin die-hards voice disdain. According to Bloomberg Quint on Wednesday, 14 April, "For a company inspired by founder Brian Armstrong’s reading of the Bitcoin white paper, its holdings of the cryptocurrency are regarded as paltry in comparison to the likes of MicroStrategy Inc. which has made it a crucial part of its treasury strategy.", "But that’s just the sort of attention that generates outrage among a small, disgruntled cohort of the Bitcoin community."
More news about Ethereum.