Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$105,129.00
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17.70%$1.48
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3.77%$1.61
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0.22%$0.9998
0.01%$1.00
0.04%$0.352423
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1.71%$0.999853
0.01%$0.00000042
0.73%$0.418205
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0.07%$0.404155
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4.08%$5.61
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0.10%$0.00378079
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1.08%$105,111.00
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0.20%$1.001
0.00%$0.629367
-5.05%$6.87
-9.71%$0.628165
-5.05%$1.018
-0.01%$104,861.00
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1.04%$0.99997
0.01%$2,110.25
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-9.13%$1.62
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2.45%$0.432012
-7.48%$102,769.00
-1.67%$23.34
-7.04%Reading
Ethereum (ETH) has jumped by more than 14% to reach a value not seen since July 2019. Ethereum now sits just north of $253, after climbing from around $220 just yesterday.
During this time, Ethereum has also racked up solid gains against Bitcoin (BTC), improving more than 9.5% against the number one cryptocurrency to achieve a value of 0.02475 BTC—a number also not seen since July last year.
Although this recent price action comes amidst a global market rally, which has seen practically every major cryptocurrency witness significant gains, there are several reasons people might be bullish on Ethereum right now. For one, a recent Reuters report indicates that American multinational investment bank JPMorgan Chase plans to merge its blockchain unit Quorum with ConsenSys (which funds an editorially independent Decrypt).
As a result of today's growth, Etherem added more than $3.5 billion to its market capitalization, and is now one of the fastest-growing altcoins. All in all, Ethereum is now up more than 71% in the last month, and doesn't appear to be showing signs of slowing down.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Crypto prices have plunged in the wake of Israel's airstrikes on Iran, with major altcoins taking significant hits and liquidations passing $1 billion, as markets braced themselves for Iran's response. Ethereum has tanked 7.8% over the past 24 hours to $2,533, according to CoinGecko, while XRP dropped 3.9% to $2.13 and Solana 8.4% to $145. The best-performing assets in the top 15 cryptocurrencies by market capitalization are both stablecoins holding their peg to the U.S. dollar—never a good sign...
Bitcoin fell more than 4% late Thursday after Israel launched airstrikes against targets in Iran, escalating tensions in the Middle East and prompting a broad selloff across risk assets. The world’s largest cryptocurrency dropped to $103,556, down from a 24-hour high of $108,500, according to CoinGecko data. Israel confirmed the strikes targeted Iranian military infrastructure near Tehran and Tabriz, in what it described as a “preemptive response” to growing threats. In a press briefing on Thurs...
Shares in SharpLink Gaming plummeted more than 70% in post-hours trading Thursday after the company—which recently announced that it would create an Ethereum treasury—filed an S-3 shelf prospectus with the SEC to potentially sell securities. Minneapolis-based SharpLink, an online gambling marketer that lists on the Nasdaq, was recently changing hands at $10.35 per share, according to Yahoo Finance data, after briefly dipping below the $8 mark in after-hours trading. It closed Thursday trading at...