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Ether Price Hits 2-Year High

Ether (ETH), the second-largest cryptocurrency by market value, jumped to two-year highs on Tuesday, taking its year-to-date gains to 260%.The native cryptocurrency of the Ethereum blockchain, ETH was trading at $470 at press time – a level last seen in July 2018.Prices are up more than 100% this quarter alone, according to CoinDesk’s ether price […]

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Blockstream’s Adam Back Slams Ethereum as a Ponzi Scheme

Computer scientist and Blockstream CEO, Adam Back, has compared Ethereum and other high-cap altcoins to Ponzi schemes in a Twitter tirade today:“Bitconnect, Charles Ponzi, Ethereum, Onecoin, Cardano, Ripple, Bernie Madoff, Stellar, Dan Larmer. All looking very similar grade to me.”Charles Ponzi and Bernie Madoff are two of the most famous creators of Ponzi-schemes, while Bitconnect […]

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Investors Are Now Rushing Into Ethereum, As Gains Surge By 262% In 4 Months

Ethereum (ETH), the world’s second most valuable cryptocurrency by market value, has more than doubled in value over the last four months. This has left BTC, the world’s flagship currency, in the dust. Data from Coinmarketcap showed that Ether was trading around $293 at the time of this report, representing about 262% gain since March 12th, […]

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Ethereum Hits Highest Price Since June 2019

Ethereum, the second-largest cryptocurrency by market cap, today hit a peak of $316, its highest price since June 2019. The current price of Ethereum is $308, according to data from metrics site CoinMarketCap. The pump started way back on Wednesday night (UTC), when Ethereum, in about ten minutes, rose from $245 to $262. But no dump […]

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Ethereum Is Beating Bitcoin In More Ways Than One

Interest in bitcoin and other cryptocurrencies, including ethereum, is booming—fueled by unprecedented central bank stimulus measures and rocketing demand for alternative finance. The bitcoin price, up around 30% so far this year, is being left in the dust by huge gains seen by some smaller cryptocurrencies. Ethereum, the second most valuable cryptocurrency after bitcoin, has almost doubled […]

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‘Significant’ Ethereum Rally Signals New Altcoin Season — Peter Brandt

Popular trader Peter Brandt believes that Ether (ETH) saw a significant breakout in its ETH-BTC pair on July 9. According to the veteran trader, the breakout could be a signal that a new altcoin season could occur in the near-term.Brandt tweeted:“Significant breakout in ETH-BTC with target of .03276 BTC. Most alts should gain on Bitcoin […]

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Visa Seeks Ethereum And Ripple Devs For Global Blockchain Payments

Visa is on the lookout for Ethereum developers to help build a global blockchain payments network. According to a job advertisement by the payment processing giant on its New Zealand site, the company is looking for a “strong developer experienced with Ethereum and blockchain architecture” to join its Global Commercial Payments team, working on distributed applications.“Our […]

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These 5 Factors Suggest Demand for Ethereum Could Set a New High

n 2018, Ethereum rallied as high as ~$1,430 on the back of an influx of demand caused by the then-ongoing initial coin offering (ICO) boom. ICOs had to raise money, and ICOs often raised money so through ETH — a widely-adopted, well-known, and easily-accessible cryptocurrency. Hence, the demand for Ethereum spiked as investors began to speculate […]

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$300 ETH? Ether Looks to Be Next Major Crypto to Follow Cardano

Recently, several altcoins have been showing strength. A few good examples are Theta Token (THETA), Zilliqa (ZIL) and Elrond (ERD). However, the large caps are lagging heavily, and the only large cap performing well has been Cardano (ADA). As smaller-cap altcoins begin to lift off, some investors might be wondering exactly what is needed for a […]

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Data Shows 80% of ETH Investments Are in Profit

Key TakeawaysDemand for ETH comes from investors who are accumulating and DeFi users who require ETH for transaction fees.The number of unique ETH holders has risen from 35 million to 42 million in 2020.80% of supply in profit is unsustainable, and a correction may be warranted.​​Altcoins have been the focal point of the post-March 2020 […]

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