Ethereum's Continued Fall / Market Dominance / Dot-Com Comparisons

Subscribe | View in browser $BTC (12:54 p.m. EST): $6,307.73 (0.36%) // 90-day high: $8,245.16 // 90-day low: $5,889.64/ / More… $BCH (12:55 p.m. EST): $420.58 (-6.04%) // 90-day high: $872.84// 90-day low: $420.58 // More… $ETH (12:55 p.m. EST): $171.58 (-7.04%) // 90-day high: $531.53 // 90-day low: $171.58 // More… $LTC (12:56 p.m. EST): $49.35 (-5.75%) // 90-day high: $107.31 // 90-day low: $49.35 // More… $XRP (12:56 p.m. EST): $0.26 (2.66%) // 90-day high: $0.57 // 90-day low: $0.22 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The price of ethereum continues to crash, falling more than 30 percent in the past week to reach an 18-month low. Ethereum was down more than 8 percent early Wednesday to $169.12 per coin. That is the lowest the coin has been since May of 2017. Mati Greenspan, an analyst with eToro, said ethereum is following the same trend as the rest of the cryptocurrency market, but added that Vitalik Buterin's recent comments that the days of massive growth in the cryptocurrency were likely over might have spooked investors. –BUSINESS INSIDER       2. Bitcoin's market dominance continues to climb as the price of altcoins continue to plunge. The percent of bitcoin's dominance reached 56.9 percent on Tuesday, its highest since December 16 of last year. That was the day before bitcoin reached its all-time high of $20,000. This comes as the market capitalization of cryptocurrencies dropped to $191 billion, its lowest total since early November. The crypto market has lost about 20 percent of its value over the past week. –COIN TELEGRAPH       CryptocurrencyNewsfeed.com -- News Terminal for Crypto Traders View a live demo -- no login or credit card required! -- The world's first crypto news terminal covering 2,000 coins. Take action before the crowd and profit with faster news. Up-to-the-second precision. We are always first with 20 analysts working around the clock. Click here for a no-login-required demo!     3. The cryptocurrency crash of 2018 is now worse than the dot-com bubble burst of 2000. After virtual currencies continued to decline on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index has dropped 80 percent since January. That is more than the Nasdaq Composite Index's 78 percent peak-to-trough decline in 2000. –FORTUNE       4. Some cryptocurrency exchanges have implemented controversial practices to stay profitable as trading volumes continue to decrease. Bitcoinist looks at some of these methods, which include variable listing fees, or requiring new coin owners to bring tens of thousands of new registered users. The use of these methods has grown as cryptocurrency trading volume is down 80 percent from its high last January. –BITCOINIST       Attend Trading Show New York: FREE Education on Cryptocurrencies, Blockchain & More With your FREE visitor pass to the Trading Show New York, you get access to seminars with topics including crypto investing, blockchain, and capital markets. You can also hit our expo floor, where you can discover new technology solutions for cryptocurrencies, blockchain, data analytics, & more!       5. For horror fans: An incredibly short "movie" starring bitcoin and Coin-ye West. We'd tell you more, but it is better to just watch. –FAST COMPANY 6. Yang Zuoxing, the former director of design at Bitmain, has raised $20 million to bring a new mining chip to market. The company, Bitewei, is expected to rival bitmain for chip business. -COINDESK 7. Cryptocurrency has become a major plot point in a British soap opera, Coronation Street. In the show, watched daily by eight million people, a character purchased "whipcoin" years ago only to see it recently skyrocket in value. –FORBES 8. Bitcoin's price drop this year reminds one analyst of 2015. The market hit a bottom that September before seeing a bullish reversal. –COINDESK 9. Bitcoin.com's wallet was taken down from Google Play, at least temporarily. Unsurprisingly, discussion around the news turned to Bitcoin.com head Roger Ver. –REDDIT' 10. Bitcoin bulls really do not want to see the coin drop below $6,000. If it crosses that threshold, it could continue to drop – a lot. –BLOOMBERG       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Dozens of analysts covering news on 2,000 coins in 24/7 realtime. Over 80,000 staff-written headlines. CryptocurrencyNewsfeed.com

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