Published On: Tue, May 23rd, 2017

Bitcoin & Ether Price Analysis: Bitcoin Still Going Strong While Ether Wearies

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Bitcoin and Ethereum continue to push all-time highs (ATHs) by most available metrics: price, market capitalization, daily traded volume, hash rate, transactions per day, etc.There appears to be a multifactorial convergence of fundamentals and technicals allowing for this surge to happen:1. On-rampsSpecifically Coinbase for U.S. citizens, which now allows new users to purchase bitcoin (BTC), ether (ETH) or litecoin. Leading up to and even during the 2013 bubble, purchasing cryptocurrency was difficult for the average user. Know-Your-Customer (KYC) and Anti-Money Laundering (AML) checks cause a slight lag in on-ramping by limiting the total coins a new user can purchase. …

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