"Ether prices" refers to the value or cost of the digital currency called Ether. It represents the current market price at which Ether can be bought or sold.
Full definition
If so, it could
impact ether prices just as hype surrounding bitcoin futures influenced the broader cryptocurrency market in late 2017.
One factor that coincided with the rise
in ether prices included a decline in the short interest in the ETH / BTC pair, according to data provided by leveraged digital currency trading platform Whaleclub.
The massive jump
of Ether price in the past few months has caught the attention of lots of investors.
If decentralized app browsers become adopted at a larger scale and the Ethereum network scales, analysts like Novogratz see
Ether price surging from its current level.
Bitcoin's gains, for example, came as
ether prices plunged sharply, but it made this climb amid modest trading volumes.
According to CoinDesk's
Ether Price Index, the cryptocurrency was trading at around $ 48 at the time of publication.
Dmitrijs: Currently our minimum cap for the project to be successful is set to 800ETH, however given the
rapid Ether price growth, we will revisit this number before our main token sale round.
However given the rapid
Ether price growth, they intend to revisit this number before the main token sale round.
This is not bad for those who are trading with Ethereum,
as Ether prices on other cryptocurrencies spiked and some people made great trades to increase their Ether and are still making as we speak.
The second week of August
saw ether prices hit a 30 - day high above $ 300, and they continued inching closer to the $ 400 level as the days went on.
Ether prices hit a record high of $ 400 before China moved to ban the initial coin offering (ICO) funding model in early September.
Bitcoin and
ether prices rode a rollercoaster during the week ending 24th June, a period defined by the UK's vote to leave the European Union.
Another development that may have helped
push ether prices higher was a 13th February report indicating that major banks JP Morgan and Banco Santander had joined a still - secretive initiative called Enterprise Ethereum said to focus on the enterprise uses of the ethereum protocol.
This news comes after the recent ether price
The last time
ether prices fell below $ 200 was on July 19, available market data reveals.
Specifically the growing number of Dapps on the Ethereum blockchain is expected to continue
boosting Ether prices in the future as use grows.
As shown by CoinDesk's
ether price data, the cryptocurrency's value has fallen since then, and at time of writing is still above $ 700.
The ICO ban initiated by China dealt a major blow to the cryptocurrency market,
with ether prices plunging as much as 30 % in the days following the decision.
Ether prices caught a tailwind this weekend, rising above a key psychological threshold in the latest sign that the crypto asset class was regaining momentum.
That flash crash,
when ether prices plunged from more than $ 300 to $ 13, resulted in GDAX blocking withdrawals and disabling trading of the ETH / USD pair.
The more users, the more demand for Ether and that, of course means even more
upward Ether price pressure.
Overall,
ether prices suffered slight fluctuations for the day's trading, falling to as little as $ 7.88 at 08:34 UTC.
A bullish breakout on Thursday
sent ether prices surging toward the all - important $ 300 level.
If a hard fork occurs and these funds are then returned to circulation, it could
cause Ether prices to drop.
Since the ICO industry is a major market for Ethereum, many traders panic sold Ether, which eventually
led Ether price to decline by over eight percent.
According to CCN,
ether prices touched a new all - time high of $ 518 on Saturday before reversing course.
Ether prices experienced only modest movements on 9th May despite the high - profile launch of trading support for the digital asset on Gemini, the digital currency exchange owned by investors Cameron and Tyler Winklevoss.
The trueEX marketplace is developing a
benchmark Ether price for future Ethereum investment products with the help of blockchain developer ConsenSys.
CoinDesk Ether prices are up 11 percent so far today, indicating increasing market confidence that ethereum may sail through its next big upgrade.
Ether prices rose by as much as 4 % on Monday morning before paring gains later in the session.
Ether prices surged in the last week, but the rally was overshadowed by the sharp price increases for both bitcoin and dash.
Bitcoin and
ether prices rode a rollercoaster during the week ending 24th June, plunging lower at some points and pushing higher at others as market participants responded to global economic uncertainty.
Aventus hit a roadblock recently when it postponed its token sale, which was scheduled for mid-July in the hopes of raising $ 15 million, after the fall
in ether prices.
Currently our minimum cap for the project to be successful is set to 800ETH, however given the
rapid Ether price growth, we will revisit this number before our main token sale round.
Last week, researchers at DeVere Group, an international finance consultancy, predicted a fourfold increase in
ether prices this year.
Ether prices were down more than 3 % on Tuesday to trade at $ 660 a unit.
Over the last three days,
Ether price is going higher, now trading at $ 572.80.
It increased by 200 % in
Ether price and more than 120 % in fiat currencies.