Ethereum price sees strong recovery after the weekend crash

Ethereum price sees strong recovery after the weekend crash
фото показано с : invezz.com

2021-4-21 11:32

Last week, after the Turkey Central Bank announced that crypto payments will become illegal beginning on April 30th, crypto prices started crashing, and many coins saw considerable losses. 

Ethereum ETFs launching in Canada

Canada has become a North American haven for crypto ETFs. Three Bitcoin ETFs emerged in the country over the last few months, and now, there are also three Ethereum ETFs that joined them. The ETFs started trading yesterday, April 20th, causing ETH price to start a rapid recovery.

Another development that potentially contributed to the recovery is the fact that WeWork, a global real estate service provider, started accepting ETH and BTC payments. Lastly, Ethereum GeneSys Foundation recently completed a new hard fork to reclaim staked ETH 2.0 coins, in order to incentivize the PoW miners.

Ethereum price recovers from a weekend drop

Over this last weekend, the Ethereum price crashed soon after reaching a new ATH. The ATH was reached on April 16th, when ETH surged to $2,550. But, by April 18th, the coin price dropped to $2,043. The coin then started recovering, even going as high up as to reach $2,280 on Monday, before dropping to $2,052 again yesterday.

Then a new surge pushed it up to $2,300, where it sits at the time of writing.

The recent events allowed Ethereum to take the lead and become more bullish than Bitcoin, and it will be interesting to see whether it can reach its former ATH again before the week’s end.

The post Ethereum price sees strong recovery after the weekend crash appeared first on Invezz.

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto canada ethereum etfs many coins haven

Источник: invezz.com

crypto canada → Результатов: 126


What does Binance leaving Canada mean for the crypto industry?

Key Takeaways Binance has become the latest crypto company to depart Canada amid regulatory concerns Canada is a small market but US regulators have also clamped down severely  The move by Binance amplifies the growing concern within the industry that crypto will have no choice but to move offshore Another week, another story of regulatory […] The post What does Binance leaving Canada mean for the crypto industry? appeared first on CoinJournal.

2023-6-2 13:52


Could Trudeau’s Victory in Canada Propel Crypto Adoption, New Zealand Style?

Justin Trudeau has narrowly won the 2019 Canadian election, edging out his conservative opponent to form what is likely to be a minority government. If the legacy of Trudeau’s first term – apart from ending the decade-long brutishly pro-business policies of the Stephen Harper government – is the legalization of cannabis in the country, Canada […] The post Could Trudeau’s Victory in Canada Propel Crypto Adoption, New Zealand Style? appeared first on Crypto Briefing.

2019-10-23 15:26


Фото:

Bank of Canada to Fight Crypto with Own Digital Currency

The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control.

2019-10-17 15:00


Canadian Blockchain Companies Request More Regulatory Understanding From Government

The blockchain companies in Canada are eager to understand more about how the national government stands on the crypto space, a new report made by the Canadian Digital Chamber of Commerce has shown. According to the new report, which was devised to comprehensively analyze the national blockchain market, several new companies appear very bullish about […]

2019-10-10 22:42


Фото:

FOIN Allows Merchants to Accept Crypto Payments In-Store

FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for the finance sector, along with 20 other top cryptos are accepted at more than 200,000 points of sale in Europe, Asia, and Canada.

2019-10-7 12:30


Flexa and Coinsquare Exchange to Introduce the SPEDN App Outside the US into Canada

FlexaHQ announced a partnership with Canada’s crypto exchange, Coinsquare, to introduce cryptocurrency payments to its first market outside the U.S. In an official blog post from FlexaHQ, the developer of SPEDN app, announced the launch of cryptocurrency payment solutions across 7500+ merchants in the Great White North. Canadian Android and iOS users will now be […]

2019-8-14 17:55


Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators

Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […]

2019-8-7 22:35


Canada Adds VirgoCX as an Emerging Institutional and Retail Cryptocurrency Trading Platform

TORONTO, Ontario – VirgoCX, a Canadian blockchain FinTech company has gone live with its professional trading platform for retail and institutional traders. Pro traders, investors, crypto enthusiasts, and beginners can safely and securely buy, sell and trade Bitcoin, Ethereum and other popular digital currencies.

2019-7-6 13:44


The TIE Publishes Study About Crypto Sentiment All Over The World; Bitcoin and Libra Lead the Way

Do you know which countries are the ones that are most positive on Bitcoin? New research made by The TIE, a crypto trading platform, was recently posted on Twitter. 10/ The Netherlands is actually the country with the second most #Link conversations, followed by the UK, Australia, Canada, and Denmark. Turkey which has the fourth […]

2019-7-5 20:12


Crypto Payment Methods Broaden in Canada

Canada, contrary to what some people may believe, is no newbie to cryptocurrency. In fact, some of the most significant milestones in cryptocurrency occurred in the land of maple syrup. Here are some of them: ·     Waterloo was the birthplace of Ethereum ·     Crypto Kitties – the most used dApp of Ethereum – […] The post Crypto Payment Methods Broaden in Canada appeared first on CaptainAltcoin.

2019-6-24 15:34


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

200k Ethereum genesis whale awakens: $11.37m sent to Kraken

A whale who received 200,000 ETH during Ethereum’s 2015 genesis block has moved closer to completing their market exit, transferring 3,370 ETH (valued at $11.37 million) to Kraken.  According to data shared by crypto analyst EmberCN, the whale transferred 48,687…

Bitget sets to innovate gas payments with BGB token amid major 40% supply burn

Bitget Wallet will prioritize its native BGB token for multi-chain gas payments via its innovative GetGas feature starting January 2025, according to a Dec. 27 statement shared with CryptoSlate. This initiative is set to streamline operations across multiple blockchains, including Ethereum, Solana, BNB Chain, Polygon, Base, Arbitrum, Optimism, TON, and Tron.