Homepage / Investment / Ethereum drops 15.5% as increased demand sparks fear of growing pains
House of Jack Gambling Establishment Review ASUS Dual GeForce RTX 4070 OC 12GB GDDR6X 192 Bit Beyaz DLSS 3 Ekran Kartı Black Myth: Wukong Hediyeli Казино 1xbet Играть Онлайн бесплатно%2C Официальный Сайт%2C Скачать Клиен Efes Bet Casino: Kazanmanın Garantisiyle Eğlencenin Adresi Efescasino Güncel Giriş Sitesi Türkiye’nin En Büyük Yazlık Konut Üreticisi новые Бонусы В Онлайн-казино За Июнь 2024 Лучшие Предложения ддя Игр Pin Up 306 On Line Casino Başlanğıc Qeydiyyat, Bonuslar, Yukl เข้าร่วมทดลองเล่นสล็อตในเว็บตรงของเราและรับประสบการณ์ที่สนุกที่สุ 2024-ci Ilin Daha əla Qumar Saytları ️ Azərbaycanın Top Onlayn Qumar Veb-saytları Slottica online casino oyunları Игровые слоты в 7к: окунитесь в мир азартных развлечений Kim Гјretiyor oyun makineler: zamanla test edilmiЕџ Гјreticiler yazД±lД±m Kim Гјretiyor oyun makineler: zamanla test edilmiЕџ Гјreticiler yazД±lД±m Comprehending Phase 2 High Blood Pressure: Reasons, Signs, and also Treatment Affordable Essay Writing Service Bitcoin Gambling Enterprises: The Future of Online Gambling Instant Play Online Gambling Enterprise: All You Required to Know Online Slots Real Cash No Down Payment: An Overview to Free Rotates and Perk Uses Neteller Gambling Enterprises: A Comprehensive Guide to Safe and Secure Online Betting Online Online Casinos that Approve Neteller Online Casino Real Cash No Deposit: Play and Win Without Threat Blackjack Gamings for Fun: A Comprehensive Guide Online Gambling Establishments That Approve PayPal: A Full Overview Free Online Casino Games The Safest Online Gambling Sites Sugar Pills: What Are They as well as What Are They Made use of For? Why Are My Veins So Blue? Custom Term Papers – A Great Resource For Pupils Free Online Casino Slots A Review Play Free Blackjack Gamings Online: A Comprehensive Guide The Surge of Bitcoin Online Casinos: A Comprehensive Overview Leading Gambling Enterprises that Accept Mastercard: A Comprehensive Overview Top MasterCard Online Gambling Establishments: A Comprehensive Guide Just how to Detoxification Your Underarms: A Comprehensive Guide Discover the Enjoyment of Free Online Casino Site Games Leading Ports: A Comprehensive Guide to the very best Port Gamings What to Know When Playing a Slot Machine Online The Very Best Online Lending Application in Nigeria Free Online Port Games: A Comprehensive Guide Lidocaine Lotion: Makes Use Of, Benefits, and also Safety Details High Blood Pressure Migraine: Reasons, Symptoms, and also Therapy Online Casinos That Accept Neteller: A Convenient Repayment Choice for Online Betting Online Bitcoin Gambling Establishments: A Comprehensive Overview to the Future of Gambling The Benefits of Using PayPal for Gambling Enterprise Deposits What Is the Best Bitcoin Casino? How To Pick The Best Slots At Online Slot Machines Gambling enterprises cheat Mastercard: A Convenient and Secure Settlement Option Gambling Establishment Online Free: Everything You Need to Know Zenka Lending Application: Your Ultimate Guide to Rapid and Easy Borrowing Every little thing you Need to Find Out About Free Online Blackjack Discover the Thrilling World of Blackjack for Enjoyable Mastercard Online Casinos Online: A Comprehensive Overview Quick Individual Finances: Your Ultimate Overview Слоты на платформе Вавада – особенности и виды Официальные слоты в коллекции именитого kasino Азино777 Лучшие видеослоты в сертифицированном казино Вавада Игра в слоты Вавада с выплатой выигрышей: наслаждайтесь игрой и победами Появилось Объяснение Назначению Немировски На Пост Наставника Сборной Казахстана Хоккей Cash Advance Loans for Blacklisted: What You Required to Know 22bet App Ios És Android Mobil Verzió Letöltése 2024-ba Just How to Remain Erect for Hours: Pills, Tips, and also Natural Approaches Resmi Website Sinden Pin Up Turkey Online Casino Uygulamasını ️ Indiri 1win официальный Сай Базовые правила и условия игры в kazino online на настоящие деньги Ana amaç çevrimiçi kumarhane 7slots: önemli avantajlar ve kategoriler Как начать игру в казино онлайн на настоящие деньги 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” Mostbet Azerbaycan Rəsmi Casino Giriş Və Qeydiyyat Mostbet A Миссди Ххк Cassino Online Operating System Melhores Jogos At The Bônu 1win Mali Site Officiel des Paris Sportifs et Casino Inscription 1xbet Aviator How To Play The Aviartor Game On 1xbet In Nigeri прохода 1win Официальный Сайт Букмекерской Конторы же Казино 1ви Скачать Пин Ап Казино%3A Мобильное Приложение Pin Up Be Laurence Escalantes online casino empire feels heat of US lawsuits 1xbet Paid For Over $836, 000 To A Player From Africa Казино Покердом Играть Онлайн Бесплатно%2C официальный Сайт%2C Скачать Клиен Бесплатные Игры Казино Слоты И Игровые Автомат “казино Pin Up%3A находимся Вместе К вожделенной Мечте Ücretsiz Slot Oyunları Silvergames’te Çevrimiçi Oynayın Mostbet Bookie: Legjobb Szorzók És Élő Fogadási Élmény Online Mostbet Login To Your Online Casino Personal Account In Bangladesh! Top 10 Best Online Gambling Dens In 2024 Tested & Approve Powerful casino tactics in 2024: 7 vital methods for athletes Guide to Online Casinos in Canada “Online Kumarhane Oyna Çevrimiçi Kumarhane Nolimitwa Legalzoom Hisse Geri Alım Programını 75 Milyon Dolar Artırdı Yazar Investing Co Как играть в симуляторы в онлайн-казино Вавада Игровые Автоматы Демо Играть Бесплатно нет Регистраци Glory Casino: Top Online Casino Video Games In Banglades Рейтинг Надежных Онлайн Казино Лучшие Топ Клубы Росси Fortune Tiger Slot Review: Análise E Como Joga 1win Au Bénin: Une Revue Complète De La Plateforme De Paris En Lign Sledování Titulu Casino Suprême: Kde Sledovat What is a Data Room? Как Стать Стримером Казино%3F Что для Этого Нужно%3 Best Game Software

Investment

Ethereum drops 15.5% as increased demand sparks fear of growing pains

The price of ethereum, a bitcoin rival, fell more than 15.5 percent Wednesday amid a flood of demand and increased worries it may face a divisive debate on how to upgrade its network.

Ethereum, also known as ether, traded near $303 Wednesday afternoon, according to CoinDesk.

The sharp fall comes after ethereum shot up more than 3000 percent this year, far surpassing bitcoin‘s already stellar 180 percent gain and coming close to beating bitcoin as the digital currency with the greatest market value.

Ethereum 1-week performance

Source: CoinDesk

Both cryptocurrencies are based on the same blockchain technology — a fixed, transparent record-keeping system that allows money to quickly change hands regardless of geographical location. However, ethereum has grown in popularity for its ability to support applications, potentially becoming a structure for a decentralized, next-generation internet.

On Tuesday, investor demand at the funding launch for an ethereum-based messaging app called Status clogged the ethereum network. Online investors were also reportedly unable to withdraw funds from digital currency depositories known as wallets.

“The Status.im token launch was constructed in a way that caused a huge number of transactions to be formed to chase purchases of the token, so the pools of unprocessed transactions grew large and are being worked though,” Joe Lubin, an early supporter of ethereum and founder of blockchain software developer ConsenSys. “We can expect many future experiments as we all figure out the most effective and fairest approaches to building these kinds of systems.”

Status did not immediately respond to a CNBC request for comment.

In the last several weeks, a surge in digital currency prices has contributed to a flood of investor demand, which has overwhelmed websites and attracted cyberattacks.

Growing pains have affected both as well. Bitcoin’s price fluctuated in the last few months as developers debated the best way to upgrade the network. News last week that two upgrade methods, BIP148 and SegWit2x, may be able to work together helped bitcoin recover from its lows of the month. Now, a flood of demand for ethereum increases similar concerns.

“The scaling issues are a function of rapid adoption which should have a positive effect on the price eventually,” Benjamin Roberts, co-founder and CEO of Citizen Hex, an ethereum-focused start-up backed by three Canadian venture funds.

Source: Investment Cnbc
Ethereum drops 15.5% as increased demand sparks fear of growing pains

Comments are closed.