Ethereum (ETH) had a rough day a week ago at the start of the Silvergate Bank fiasco as we discussed in last week's article and the hits keep coming. Ethereum fell around 10% over the previous 24 hours which has not been kind to most assets with most stocks down around 2% yesterday and banking stocks down around 5%. We have wiped out much of the gains made this year and are back to price points from the second week in January.
Ethereum Weekly (3/10/23)
cryptomasterminer's Recent Blog Posts
Ethereum (ETH) held up pretty well following the release of GDP data in the United States compared to other assets and asset classes. The second-largest cryptocurrency continues to stay above the $1,…
1 year ago
While I Finally Read the Bitcoin Whitepaper back in April of this year, I've taken even longer to read Vitalik Buterin's 2013 vision of what crypto could be after reviewing Satoshi Nakamoto…
1 year ago
"Here comes Santa Claus, here comes Santa Claus"... Well maybe not! With a "Santa Rally" off the table it is hard to imagine how much worse things can get.
Bitcoin (BTC) has a…
1 year ago
Ethereum (ETH) like most "risk" assets did not react well to the Federal Reserve's statements and findings which can be found in my article Fed Raises Interest Rate Half Percent - What…
1 year ago
The Federal Reserve on Wednesday raised the interest rate a half a point matching most analyst expectations. The increase is lower than the 75-point basis the agency has raised rates in the last four…
1 year ago