“Unless the bulls engineer a quick turnaround, the cryptocurrency will continue plunging.”. See today's front and back pages, download the newspaper, Venezuela’s Ethereum-based Petro is ‘desperate attempt’ to bypass U... Ethereum price news: ETH is dropping today, Ethereum price news: All cryptos are in the red today, US giant says cryptocurrencies won’t spark financial meltdown, Cryptocurrencies 'could drop to near ZERO' warns Ethereum co-founder. Speaking on Bloomberg News, Mr Lubin said: "We are so focused on building decentralised applications on the ethereum platform where we are so much less focussed on cryptocurrencies like bitcoin. This has led to a sort of self-fulfilling prophecy as ICOs panic that other ICOs are selling and crashing the price. Some people are even saying that ETH would never see the face of three digits anytime soon.This itself gave birth to many tweets and discussions, which are highlighted below : As  pointed out by Cryptoeazy on Twitter, since the constantinople news got announced, ETH price got raised to a bit more, which he doesn't consider as a coincidence. Ever since the beginning of the bear market, several mining pools have left the market. INfura, Truffle and MetaMask are Ethereum products. If developments continue and the updates are successfully rolled out, institutional and retail demand from Ethereum could pick up again. From the high, there were a series of peaks and valleys until March. The crypto market is currently being battered by warnings about its volatility with warnings that the bubble is about to burst, following a bad week. Last Wednesday, the Securities and Exchange Commission (SEC) vowed to regulate cryptocurrencies at the same time that traders were rattled by claims of hacking in the market.
Although ETH can be used for a number of things, the bulk of the costs of running a startup are in fiat currency. Why is Ethereum falling? Hence, in the short term, it is more likely that the ICO phenomenon could still impact on the price of ETH.

The only hope for Ethereum is the upcoming Constantinople in January 2019 which can save ETH from not declining further and reaching zero, as predicted by Vitalik Buterin before. But today Ethereum dropped below the $900 mark again as all other cryptos also recorded losses.
And a sell-off of crypto assets by a Japanese bitcoin holder known as the ‘Tokyo Whale’ - added to chaos in the crypto world. “But I would argue that we’ve seen a correction in our space but calling the bubble to have been popped is a little shortsighted. It is currently unclear why the cryptos have suffered losses today, but market volatility is high in the cryptocurrency world. At the beginning of the year, it was trading around $800, then fell drastically to around $200, and now even below $100.

“Consider ether to be a crypto fuel that powers applications on the decentralised worldwide web. Ever since the beginning of the bear market, several mining pools have left the market.

Dr Daniele Bianchi told Express.co.uk that, just like an Initial Coin Offering (ICO), the Petro will be introduced through a pre-sale which will offer the new cryptocurrency at a discount. Today, March 14, the bears are attempting to break down of the range. The second largest cryptocurrency by market cap has suffered new losses today in a morning where all the major cryptos are in the red. Ethereum Price Speculation Price Speculation. Make the most of your money by signing up to our newsletter for. Apart from a certain portion of the ICO sell off, there are people who are still holding a fair amount of ETH.

The ICOs that have been raising money over the past few months have to meet development costs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. Ethereum, along with all other cryptocurrencies, is currently in the red. Today’s dip comes after President Nicolas Maduro revealed Venezuela had received $735 million in the first day of a pre-sale of the country's "petro" cryptocurrency.

Ethereum, along with all other cryptocurrencies, is currently in the red.