Phil Bonello News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Price At Risk Of Dropping 20% In Coming Month appeared first on Coinpedia Fintech News The trajectory of Bitcoin’s price has been a subject of intense…

Phil Bonello, former director at Grayscale Investments, has recently stirred the crypto community with a series of predictions and observations regarding the…

Bitcoin is the face of cryptocurrency, but Ethereum could be the top digital asset soon. Canadians who want exposure to the second-largest crypto can opt to invest in Purpose Ether ETF.

For most people, it makes sense just to start with the top two: Bitcoin and Ether. Either would have been a relatively good investment so far in 2021 – Bitcoin has almost doubled and Ether has quadrupled, compared with a 12 per cent gain for the S&P 500. So what do you need to know before deciding where to put your money? The case for Ether Ether is the token used on the world’s most actively used blockchain – the technology used for verifying and recording transactions – Ethereum. Ethereum is used by the likes of Microsoft for its blockchain offering and has powered the explosive gro...

Ether is up just under 1% over the past 24 hours, currently trading for US$3,504 (AU$4,492). That’s down slightly from the all-time high of US$3,607 that Ethereum breached earlier in the day. Bitcoin headed the other way, slipping just under 1% in 24 hours to US$56,579. Bitcoin hit its own all-time high of US$64,829 in mid-April. Bitcoin remains a high-returning investment in 2021, with the price up 94% year to date. That gives the world’s biggest crypto a market capitalisation of US$1.05 trillion, according to data from CoinDesk. While that’s a stellar return by any standards, investor...