Bitcoin price remained stable. Bnt gained 25 and vet is up more than 10 today. Ethereum is up over 6 and approaching usd 340 xrp might revisit the usd 0 250 resistance.
Bitcoin price is rising again but it must gain strength above usd 11 250. Ethereum often considered the next advanced development in blockchain after bitcoin envisions a new form of an internet that is not dominated by the largess of profits going to big. In the last 24 hours the crypto whale watching bot whale alert tracked 11 large transactions to the tune of 15 006 btc worth about 231 63 million at time of writing.
Advertisement crypto whales are surfacing in big numbers moving hundreds of millions of dollars in bitcoin and ethereum while btc hovers around the 11 400 mark. While they are among the leading and most popular cryptocurrencies the technology backing each one of them is fairly remote. Bitcoin and ethereum are undoubtedly among the most widely discussed cryptocurrencies especially after the unparalleled bull run at the end of 2017 launched prices to unseen heights.
By press time the. Bitcoin s price went from 11 930 to 10 550. Bitcoin and ethereum crashed by 12 and 20 respectively in about 6 minutes as more than 1 billion of positions were liquidated.
The technology it runs on is called the ethereum blockchain which was first described by the then. Ether is the second most valuable form of digital money after bitcoin in terms of market value. Both of these tokens are decentralized.
Each is a digital currency traded via online exchanges and stored in various types of cryptocurrency wallets. Ether and bitcoin are similar in many ways.