ether

As major blockchain platforms are seeing upgrades, major cryptos are surging on a wave of trader enthusiasm. Bitcoin is surging to all-time highs, breaking $67,000. However, altcoins are doing even better. Ether has reached an all-time high of $4,841 following a network upgrade. Ethereum's Altair Upgrade Since the start of 2021, Bitcoin's dominance has fallen from 73% to 44%. Meanwhile, Ether's share of the crypto market cap has risen to 20%. Its main advantage is that it powers the Ethereum network, a…

Ether reached its all-time high as crypto surged on new developments in the DeFi space. The second-largest crypto has reached an all-time high of over $4,700. Other major cryptocurrencies were up as well. Bitcoin was up 8% over the last week to $66,000. Many investors believe it will soon reach its all-time high of $67,000. Binance Coin surged almost 20% to $649, and Solana was up 23% to $250 over the last week. Ether was up just under 11% in…

One crypto critic, New York University's Aswath Damodaran, thinks Ether has a better chance of becoming a commodity in a possible blockchain-based future than Bitcoin. The NYU professor argued that Ethereum's upside potential outweighs Bitcoin's potential in a possible future paradigm dominated by blockchain-based technology. Inefficient Currency According to Damodaran, ETH will outshine BTC as a better lubricant for blockchain commerce. As for Bitcoin, the professor noted that the popular crypto was a speculative play. He added that bitcoin bulls…

More than $5 billion has been staked in the Ethereum 2.0 smart deposit contract. This surge in deposits makes Ethereum 2.0 the third-largest staking network.  Ethereum 2.0 continues to attract Stakers Ethereum 2.0 smart deposit contract has continued to receive deposits despite hitting the minimum mark to launch. According to data from the launchpad dashboard, the amount of ETH currently staked is 3 million ETH. This represents about 2.8% of the total supply and is valued at $5.2 billion.  This…

Ethereum has experienced a new surge of investment from financial institutions, according to a new report from Coinbase. This could have influenced the recent surge in Ether (ETH) price, which recently hit an all-time high. Institutional Investors Turn More to Ethereum (ETH) Assets Coinbase released its annual report analyzing the current development in the crypto space in the past 12 months. The exchange focused on the recent surge in the popularity of Ethereum (ETH) and gave some reasons for this.…

Ether (ETH) has achieved a new milestone surpassing its all-time high of $1,450 in the early hours of today. Ethereum (ETH) has shown bullish signs, and the current market sentiments for the leading altcoin are at record levels. Ether (ETH) Creates New All-time High Ethereum had been trying to surpass the $1,450 mark for several failed attempts for the past few weeks. The weekend saw little changes, with a slight correction occurring, leading the altcoin towards the $1,100 support levels.…

Ethereum price has recovered in the past 24 hours following a sharp drop below its support levels. The leading altcoin has been bullish in recent weeks and created a new all-time high this week. This had led to speculations that Ethereum could hit the $2,000 mark before the end of the week. However, a major correction occurred yesterday, with the coin dipping towards the $1,000 support level. Since then, the coin has retraced its movements and is currently trading at…

Stephen Harper, the former Prime Minister of Canada, has expressed a favorable opinion on popular cryptocurrency Bitcoin (BTC).  He believes that Bitcoin could integrate the currency reserves of global countries in the future. Bitcoin a viable alternative to the US Dollar Stephen Harper shared his views in an interview during the Vancouver Resource Investment Conference. Harper spoke of Bitcoin in the context of a weakening US dollar (USD), which is the most important reserve currency for large economies. The former…

Gemini CEO and cryptocurrency billionaire Tyler Winklevoss recently highlighted some similarities between some cryptocurrency projects and their centralized counterparts. According to him, Ethereum and Filecoin are the cryptocurrencies most likely to be used on a large scale. Tyler Winklevoss compares Ether and Filecoin to Amazon The Gemini exchange boss is known for his pro-cryptocurrencies statements on social media. In a series of tweets yesterday, Winklevoss highlighted some crypto projects that he believes will last the test of time. According to him,…