Ethereum

Ethereum Prices in 2017Ethereum (ETH) Prices Heading for $1,500 in 2018

This Bitcoin competitor saw exponential growth in 2017, far outpacing that of its peer. Ethereum prices returned a whopping 8,000% in gains in 2017, compared to Bitcoin’s 1,500% return. ETH prices ended the year just short of our Ethereum price prediction of $1,000, but we’re upgrading that price target to $1,500 for 2018.

Ethereum is currently the second-most valuable cryptocurrency in the world. At the pace that it is growing, we won’t be surprised if it eventually overtakes Bitcoin.

The reason why investors are valuing it so highly is that Ethereum promises to be more than just a mode of payments. Ethereum is a decentralized platform that enables us to run applications and create smart contracts on the blockchain. Its network is fueled by its cryptocurrency—Ether.

Ethereum’s moat is its better technology. Ethereum founder Vitalik Buterin tweaked Bitcoin’s blockchain technology to create a much cheaper and much faster version.

We are bullish on Ethereum for two reasons. Firstly, Buterin has recently shared his roadmap for Ethereum 2.0—the next iteration of Ethereum’s technology, which will further add to its scale and speed.

Secondly, Ethereum’s unique feature of decentralized smart contracts is finding real-world applications. Businesses are trying out this concept for various applications such as corralling medical records, in electoral voting, in financial software, and more.

Our price forecast for 2018 is bullish as we watch this cryptocurrency make a steady northward advance. Follow this space for daily Ethereum news updates and our Ethereum price prediction and analysis.

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Ethereum News Update Investors tend to panic when international organizations talk about cryptocurrency regulation, but is that really the nightmare scenario? What we have at the moment seems worse. With each country or state striking its own path on crypto regulation, investors are left without a clear sense of…

Ethereum News Update The first quarter of 2018 was historically bad for ETH prices, according to a recent CoinDesk report, but there’s a silver lining embedded in the data: namely, that ETH recovered from these types of slumps in the past. For instance, Ethereum prices lost 40% in…

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Ethereum News Update A three-year-old blockchain startup from MIT’s Media Lab recently accepted $20.0 million in venture capital, raising investors’ expectations about its upcoming airdrop. The startup is called Eximchain. It is a blockchain company looking to adapt distributed ledger technology to supply chain management, which makes it…

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Ethereum News Update Ethereum prices are down on Wednesday morning, but then again, so are prices for all the major cryptos. Bitcoin, Ripple, Litecoin, Cardano, Stellar—they all have flashing red numbers beside their names. This is not surprising. Cryptocurrencies are in a bear market right now. I expect…

Ethereum News Update Ethereum prices are plummeting on Tuesday morning, in part due to an episode of Last Week Tonight with John Oliver and a report from the Bank of International Settlements (BIS). Oliver’s show, for those who may not have seen it, features a comedic deep-dive into…

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Ethereum News Update Among the power brokers at this week’s DC Blockchain Summit was Brian Quintenz, a commissioner at the Commodity Futures Trading Commission (CFTC), who said there might be “potential” for a self-regulatory body. (Source: "Crypto Industry Should Self Regulate, Says CFTC Commissioner," CoinDesk, March 8, 2018.)…