That's a 41 % decrease from highs and
it gives Ethereum a market cap right now of just shy of $ 79 billion.
This gives Ethereum a market cap of $ 31 billion.
Not exact matches
As transparency issues are ripe within the crypto - sphere, anonymity may be seen as a downside of Bitcoin and another currencies, while having (several) faces to the
Ethereum project's name
gives investors and users some assurance of accountability — for example, users can rest easy knowing Vitalik isn't overtly manipulating the
market and
Ethereum prices.
Moreover,
given that
Ethereum is already the second most valuable cryptocurrency by
market cap, the chance for greater returns are mathematically more difficult.
Wexboy, Reference your 30th Sept current summary in KR1, From my point of view I am in awe of your 2 % holding in KR1, The figures are very compelling and staggering in forward potential, I might have this projection all wrong but here goes, As of today 22/10/17 we have an sp of 7p, quoting your average roi on holdings within the table we have x 15 within the last 7 months
giving us a current book to value of x 3.5 = sp 24.5 p, Should we assume another x 15 (I appreciate the x 15 was on the back of
Ethereum, s metaphoric rise and other crypto, s tracking) over the next 12 months and and sp follows suit to say 100p, THEN we factor in a us listing and as you state the us
markets award much higher book value with the average p / b in the blockchain cc sector of x 20, Then we are looking at (without dilution) in 12 months - = MC of # 2 BILLION = # 20 SP AS you state in your summary the figures are staggering so is the ablove a realistic projected mc based on the last 7 months growth and returns on investments made in CC ICO, s?
«Strong regulatory frameworks will
give investors even more protection and more confidence in the
market and, with this in mind, the comments by the BoE Governor on the regulation of cryptocurrencies can be expected to help fuel a sustainable recovery of the likes of Bitcoin,
Ethereum, Ripple, Litecoin and Dash.
However, it is important to note that
Ethereum was a product of the most popular ICO till date,
given that its tokens are today worth more than $ 100 billion by
market cap.
Why do you
give airtime to the prat who with the help of a few other idiots has been instrumental in dividing the bitcoin community and handing
market share to
Ethereum and other players?
Thus, the above listed comparisons demonstrate how Cardano and Ripple are
giving Ethereum a run for its money and may soon takeover the
Ethereum coin
market, and rise above Bitcoin as well.
Investors are refusing to
give up their optimism on the
Ethereum blockchain, even as they slash more than 10 % from Bitcoin's
market capitalization.
Those prices would
give Ethereum a total
market value of about $ 20 billion, which «sounds about right for where we are» in the evolution of the technology, Novogratz said.
Unlike Grayscale's previous funds, which focus on bitcoin,
ethereum classic and zcash, the offering, formally called the Digital Large Cap Fund, is designed to
give investors exposure to the five largest cryptocurrencies based on
market capitalization.
All of this is possible because of an explosion in the cryptocurrency
market over the past few years, they argue, in which Bitcoin has survived internal strife but also
given birth to alternative currency systems and platforms such as
Ethereum.
Today, the crypto
market is
giving you the same signals with names like dash, ripple, litecoin, monero, bitcoin,
ethereum, neo, nem, iota and others.»
Well this state backed Cryptocurrency may
give competition to Bitcoin, NEO which is already existing in the cryptocurrency
market is posing a direct competition to
Ethereum.
The ICO craze sweeping the globe has shined the spotlight on
Ethereum, whose superior technical specifications and smart contract capability have
given birth to a new
market.
Given that the Chinese government and its financial regulators had not released any abrupt regulations on bitcoin,
Ethereum and the cryptocurrency
market in general, bitcoin price was on an ideal trajectory towards achieving the interim targets of various prominent financial analysts including Max Keiser, who have altered their short - term price target from $ 5,000 to $ 10,000.
This break in
market action has also
given traders and investors an opportunity to take a look at some of the other, less - popular cryptocurrencies that have been quietly making rapid gains, albeit not as impressive as Bitcoin or
Ethereum, but impressive nonetheless.
Markets have perhaps yet to recover from that blow,
given that
ethereum serves as a platform for decentralized application development and funding through ICOs.
Given the recent rollercoaster in
Ethereum prices, it's time to consider what makes ETH more valuable than the 1,400 other cryptocurrencies on the
market.
Since then, it has had a drop of about 3 % but
given the gap between ETH and BCH which stands at 3rd position in terms of
market cap,
Ethereum seems to be able to occupy this spot right into 2018.
While the
market valuation of several major cryptocurrencies like bitcoin and
Ethereum could be justified
given their massive user bases and increasing user activity, the
market valuation of other cryptocurrencies in the
market can be questioned.
The
Ethereum price (ETH / USD) hit a new all - time high on Monday morning, but has since
given in to a downward trend affecting the wider cryptocurrency
market.
According to the
market tracker Coinhills, the Korean Won is the third-most traded currency for bitcoin, and it regularly
gives the US Dollar competition in related altcoins like
Ethereum.
Unsurprisingly, Bitcoin (BTC) and
Ethereum (ETH) will be the first order of business for Shorcan DCN,
given they do account for roughly 60 percent of the entire cryptocurrency
market cap, according to data from CoinMarketCap.
What Separates
Ethereum From Bitcoin
Given that bitcoin was the first cryptocurrency, still retaining its place in the number one spot in terms of
market capitalization, it seems only fair...
Grid + describes itself as the «Future of Energy» as it expects to leverage the
Ethereum blockchain to
give consumers direct access to wholesale energy
markets thus disintermediating the current gatekeepers.
The long - term growth of bitcoin,
Ethereum, and other cryptocurrencies is optimistic,
given the progress
markets like South Korea and Japan have shown in recent months.
At present,
ethereum is trading at $ 973, which
gives the second - largest cryptocurrency a $ 95.9 billion
market cap.