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Ether Price Hits One Month Low Below 280

The price of ether fell to a one-month low today. The ether-US dollar (ETH/USD) exchange rate slid to $275, its lowest level since Sept. 23, according to available market data. The cryptocurrency is currently trading at around $285. As per CoinMarketCap, the cryptocurrency that powers the ethereum blockchain has shed roughly 3.3 percent in the last 24 hours of trading. Week-on-week, ETH is down 14.97 percent, while it is trading largely unchanged on a monthly basis. Still, the development

Upside Ahead Stellar Rally Fizzles But Lumen Could Regain Luster

The price of Stellar's lumen cryptocurrency is fast fading. After rising to $0.05 last week, the value of the native token that runs the Stellar protocol is down 36 percent from that recent high today. At press time, the stellar-US dollar (XLM/USD) exchange rate is $0.033. Week-on-week, XLM is down 8.33 percent, while on a monthly basis, it is up 177 percent. The decline follows XLN's rally of more than 100 percent on Oct. 16 after news hit the

Prepping for A Pullback Bitcoin Price Drops Below 6 000

After rallying to a new record high, bitcoin is once again trending down. According to Coindesk's Bitcoin Price Index (BPI), bitcoin prices dipped below $5,800 this morning – prices first passed the $6,000 mark on Friday and set the new all-time high (of $6,148) at 15:00 UTC on Saturday. That figure takes the cumulative returns from the September low of $2,980 to more than 100 percent. The record rally indicates that the regulatory crackdown in China, and subsequent fears

Blackrock Strategist Theres No Right Or Wrong Price for Bitcoin

The chief investment strategist for BlackRock, the world's largest asset manager, said in a new interview that he doesn't know where to peg the "fair" price of bitcoin. Speaking with Business Insider, Richard Turnill said that cryptocurrencies have experienced "spectacular price increases" in recent months, leading him to conclude: "I would say that cryptocurrencies show many characteristics of a bubble right now." His remarks echo those of other Wall Street-based analysts and investors, including Ray Dalio, who leads the

Bitcoin Breather Higher Price Push Still Possible on Search

The price of bitcoin may have hit a new all-time high above $6,000 today, but it's already showing signs it may be primed to push higher. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,950, down slightly from the day's high, but up 9 percent on the week amidst what proved to be strong demand for bitcoin in the $5,000-to-$5,500 range. Week-on-week, bitcoin is up 9 percent, while on a monthly basis, it is up a

Quiet Surge Bitcoin Price Sets New High Just Below 6 000

The price of bitcoin has hit a new all-time high, crossing the $5,900 line for the first time. Markets climbed as high as $5,994.12, according to CoinDesk's Bitcoin Price Index (BPI). This figure surpasses the previous all-time high set on October 13, when the price rose to $5,856.10. BPI data shows that the price climbed more than $200 in the past hour, with markets showing an average price of $5,697 prior to the ramp. At press time, the price

Ether Prices Hold Above 300 As Fork Fears Fade

Ether prices continue to hold strong despite technical headwinds. At press time, the ether-US dollar (ETH/USD) exchange rate is roughly $305, up from a low of $287 in the wake of a recent software upgrade. And while the price may be down from a peak of $350 in the run-up to the release, the relative price stability may be impressive due to the supposedly shaky state of the code. Of note is that ethereum's new blockchain has still yet

Cautiously Bullish 6 000 In Play As Bitcoin Price Stages Sharp

Having witnessed a solid recovery from the low of $5,100 in the last 24 hours, bitcoin is once again trading on the front foot and looking northwards. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,700. As per CoinMarketCap, the cryptocurrency has gained 6.47 percent in the last 24 hours. Week-on-week, BTC is up 4.77 percent, and on a monthly basis, it is carrying 45.7 percent gains. So, is the bitcoin price eyeing $6,000? Strong dip

In Search of A Swell Xrp Prices Rise and Fall Amid...

Ripple's XRP cryptocurrency is on the decline at press time. And though it's a drop that's largely in line with bitcoin and the broader crypto asset class, there are conditions that perhaps make XRP worthy of exploration at present. For one, XRP has steadily gained altitude from its Sept. 15 low of $0.14, an uptrend that seems most likely to coincide with anticipation for big announcements at Swell, the conference the company launched on Oct. 16 to compete with

Healthy Pullback Bitcoin Price Dips Back Below 5 300

Bitcoin may be witnessing a healthy pullback after having rallied more than 90 percent from a September low of $2,980. At press time, the bitcoin-US dollar (BTC/USD) exchange rate is trading at $5,260 levels, up slightly after hitting a low of $5,259 earlier today. As per CoinMarketCap, the cryptocurrency has shed 7.37 percent in the last 24 hours. Week-on-week, BTC is up 9.9 percent, while month-on-month it is flashing 29 percent gains. Still, with prices having jumped above $5,000