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Tag

Ethereum
26
Jul
July 26, 2019

BitMEX Drama and Market Analysis: Weekly Crypto Update

BitMEX AND DR DOOM Earlier this week, US economist Nouriel Roubini aka Dr Doom (who was once described as a ‘Bitcoin sadist’), criticised Seychelles-based BitMEX for violating strict US regulations which prevent American citizens from trading on their platform. Roubini went so far as to accuse the platform of aiding in money laundering and referred...
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Ethereum Classic (ETC), one of MiningStores recommended coins to mine, has had some very impressive price gains in the past week. As a result, our GPU mining community are licking their lips at the new daily profits this coin is providing.  What is causing ETC to rise?  This week, two major trading platforms Coinbase and Robinhood Crypto, have listed ETC on their exchanges. As a result, ETC market capitalisation has increased to $1.9 billion USD and ETC/USD was up over 13% overnight.  This is great news for ETC which currently sitting on the brink of the top 10 coins for market capitalisation according to coinmarketcap.com. Many cryptocurrency traders have been looking for another major coin to diversify their portfolio with, and ETC is putting its hand up for this position.  Where will ETC go from here?  As always, exponential rallies are faced by a key resistance line, and inevitably the price of the coin starts to fall. Although this may be true, it also presents an opportunity for traders to buy into a coin with excellent fundamentals at a discount price! The decision is always up to the investor whether to buy a coin or not, but if you agree with the fundamentals of this coin then of course you should buy.  If you've followed our conservative recommendation of mining Ethereum Classic (ETC) over the past months then well done! In the last day we've seen the price rise from AU$22 to AU$27.5. That's a $5.50 increase, meaning that if you've held your coins, then your daily returns just went up 22% overnight! If you're not already a member of MiningStore, then you're missing out on proven returns like this. Sign up now! Our new strategy will be released today.
07
Aug
August 7, 2018, , ,

Ethereum Classic to the moon?

Ethereum Classic: A Top Choice for Impressive Mining Profits Ethereum Classic (ETC), one of MiningStores recommended coins to mine, has had some very impressive price gains in the past week. As a result, our GPU mining community are licking their lips at the new daily profits this coin is providing.  What is causing ETC to...
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09
Jul
July 9, 2018, ,

Ethereum Rises 5% as Crypto Market Gains $11 Billion

Ethereum Rises 5% as Crypto Market Gains $11 Billion In July 2018 the total cryptocurrency market capitalisation rose by roughly 11 billion US dollars in 24 hours, with Ethereum gaining around 5 percent. The move was driven by short-term momentum across the three largest assets at the time: Bitcoin, Ethereum, and Bitcoin Cash. The combined...
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