The price of Ethereum (ETH/AUD) today is $282.83 AUD with a total market cap of $29,050,538,234.
Ethereum is facing a new narrative of pessimism. What is currently happening on the blockchain that may warrant a price that goes above and beyond $1,000?
Ethereum's recent decision to drop the block reward (coin supply inflation) from 3 Ether to 2 Ether, and Cboe's announcement of an Ethereum futures market has done nothing to sway investor sentiment.
Ethereum has suffered a steep decline in value, dropping sharply from $731 3 months ago, to $258 at the time of writing - a fall of over 60%. Where does Ethereum go from here?
When we all stop talking about the price of Ethereum and start going back to what we were doing before, building stuff. Find out what's been going on at EthereumPrice.org here.
Given that the vast majority of my working life is spent in cryptocurrency, it would come as no surprise that yes - I'm bullish on the stuff. But I've been bullish longer than most - in fact it was in 2011 that I decided Bitcoin had a place in the future of payments [...]
