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.

UNSTOPPABLE BITCOIN HEADED TO $50,000?

...when you opt in for our daily e-letter, Profit Confidential! Privacy Policy

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.)…

Ethereum News Update Ethereum prices, and cryptocurrency values more broadly, slipped again on Thursday as investors mulled regulatory actions in the United States and Japan. This is surprising, given that U.S. regulators have largely welcomed cryptocurrencies with open arms. They tend to harbor a deep respect for innovation.…

Ethereum News Update Looming over the cryptocurrency market is a big question mark concerning how regulators view the asset class. Are they commodities? Are they securities? The difference might not seem important to investors, but it could have a huge impact on Ethereum prices. After all, securities are…

Ethereum News Update To many crypto-enthusiasts, blockchain is synonymous with decentralization. A growing number of powerful entities, however, think the two are separable, and that may give Ethereum an edge over Bitcoin. Why, you ask? Well, Bitcoin has a political mission carved into its DNA. Its core aim…

Ethereum News Update Scaling questions abound for Bitcoin and Ethereum, but at least Ethereum is well on its way to a solution. And no, I don’t mean "Raiden." As the most famous of Ethereum’s potential saviors, Raiden could still end up declogging the Ethereum network, but it will…

Ethereum News Update While blockchain use-cases are filtering into the real economy, cryptocurrency markets have sputtered to a standstill. Prices are just moving sideways. But before we delve into those forces, I want to emphasize that blockchain development is happening at all levels of business, even the upper…

Ethereum News Update Earlier in the year, Ethereum co-founder Vitalik Buterin said that 2018 is when cryptocurrencies would have to live up to the hype from last year. It seems he might be right. What we’re seeing this year is tectonic movement on regulatory issues, industry standards, and…

Ethereum News Update There’s a lot of Ethereum news this morning, so I cherry-picked the three most interesting stories I could find. One of them, in particular, might affect our Ethereum price forecast. Before I get to those stories, however, you should probably know that ETH prices are down…

Ethereum News Update Among seasoned Ethereum investors, there’s a belief that Bitcoin will undergo a crisis moment at some point in the future. Here’s what would theoretically happen: Bitcoin starts to lose investor confidence, Ethereum is treated as a safe-haven asset, investment flows from BTC to ETH increase,…

Ethereum News Update As cryptocurrency markets continue to trade sideways, investors are growing impatient. What happened to three- and four-digit returns? Where are the epic rallies? Sorry to disappoint, but it’s not that simple. No one can pinpoint when cryptos will surge (don’t trust anyone who says they can…

Ethereum News Update Venezuela’s attempt to create a state-backed cryptocurrency is one of the weirdest experiments in blockchain, but apparently, Turkey finds it alluring. I think it makes Ethereum look more feasible. Of course, it’s not exactly clear what Venezuela accomplished with its national token. Details are few…

Ethereum News Update Pessimism returned to the cryptocurrency markets overnight, driving down values across the entire market. Ethereum was no different. ETH prices fell by nearly nine percent, driving the Ethereum to USD exchange rate down to $805.20.   Ethereum Price Chart It’s almost impossible to tell what…

Ethereum News Update Over the last year, initial coin offerings (ICOs) have become quite a phenomenon. And ETH prices have largely benefitted from this trend, since most ICOs take place on Ethereum’s platform. However, ICOs are not without their faults. They have drawn a lot of criticism. They…

Ethereum News Update During constructive phases in the cryptocurrency market cycle, investors flock to developmental platforms like Ethereum. The result is a rise in ETH to Bitcoin prices. However, during a market crash, the opposite occurs. ETH to Bitcoin rates fall. Why? The simple answer is that many…

Ethereum News Update Although Ethereum prices moved sideways on Friday morning, a new fund endorsed by Ethereum co-founder Vitalik Buterin has the crypto poised for some massive gains. The secretive project is the brainchild of an Avengers-like cast of Ethereum power players, including Cosmos, Golem, Maker, Global Blockchain…

Ethereum News Update Earlier in the week, I predicted that Ethereum prices might soar in response to the Commodity Futures Trading Commission’s (CFTC) panels on virtual currencies. They did. ETH prices advanced 6.29% in the last 24 hours, bringing the Ethereum to USD rate to $923.16. This upward…

Ethereum News Update There’s a lot going on in Ethereum news this month. India is apparently exploring ways to crack down on virtual currencies, meaning that we could see more volatility in ETH prices over the next few weeks. (Source: "India to bar cryptocurrencies from its payments system:…

Ethereum Price Prediction: Why ETH Is the Best Cryptocurrency in 2018 The recent cryptocurrency crash has bolstered our faith in Ethereum. Ethereum is one cryptocurrency that proved its mettle, while most others, including crypto heavyweight Bitcoin, faltered. Ethereum “Casper,” the Enterprise Ethereum Alliance (EEA), and Ethereum applications are…

Ethereum News Update The Commodity Futures Trading Commission (CFTC) is not the hero investors asked for, but it’s the one they got when Chairman J. Christopher Giancarlo testified before the Senate Banking Committee. Giancarlo struck a bullish tone on cryptocurrencies, saying that regulators should “do no harm” to…

Ethereum News Update Something has changed in cryptocurrency markets. In less than a week, investors have gone from agonizing over pending regulations to not caring about big announcements. For example, there was zero reaction to International Monetary Fund (IMF) Chairperson Christine Lagarde saying that regulatory action on cryptocurrencies…