Ethereum’s Market Cap Takes The Number Three Spot

Ethereum’s Market Cap Takes The Number Three Spot

The turing complete token Ethereum has been making strides towards the top spot in cryptocurrency capitalizations. This week the digital currency has bumped Litecoin out of the third position on the coinmarketcap.com list hitting a cap of over $138 million USD. The past few months have been active for Ethereum, who has seen development, investment and positive media within its crypto-environment. The built-in turing-complete programming language as a layer configured into the ETH blockchain has intrigued developers and investors. This system is said to enable businesses and ordinary people....


Related News

Ark’s Bitcoin Spot ETF Takes The Next Step Towards SEC Approval

In what seems to be a significant step forward, ARK Invest/ 21Shares has submitted an updated version of its spot Bitcoin Exchange-Traded Fund (ETF) prospectus. This move follows after the SEC reached out to issuers a few weeks prior with comments and questions about their S-1 filings. Why A Spot Bitcoin ETF Draws Closer Bloomberg’s […]

Binance Sees Spot Market Share Fall To 34%, What’s Going On?

Binance, the world’s leading cryptocurrency exchange’s spot market share has fallen for the seventh consecutive month and the crypto firm has reportedly lost more of its spot market share in the previous month. Binance Sees Spot Market Share Decline Reports have shown that the trading platform has experienced a decline in its spot market share […]

Ethereum Prepares for the Spurious Dragon Hardfork

Ethereum’s community is preparing for the second upgrade of a two parts hardfork plan to address a number of bugs that were exploited last month which slowed down the network to almost a halt. The first of the two parts hardfork was just under a month ago with Jeffrey Wilcke, founder of Ethlabs and one of Ethereum’s Geth developers, stating that the second hardfork will initiate at block number 2,675,000 which is expected in about seven days. All node operators therefore, especially any Ethereum based business and miners, will now need to upgrade to the newly released Geth client or the....

Bitcoin and Ethereum usage fees drop 70–80% as market slide continues

Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks. Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71% respectively over the last few weeks, as the broader cryptocurrency market continues to descend from its recent all-time high.The average cost of using the Ethereum blockchain fell from $69.92 per transaction on May 12, to $20.06 by May 16, according to data from Bitinfocharts. In the same time period the Ether (ETH) spot price both peaked and crashed, falling from an all-time high of $4,358 on May 12, to....

Ethereum (ETH) Price Trends: 4/11/2016

The downward trend on Ethereum’s market has lead the price to an important medium-term resistance. The trend is most likely to change at that point. Is the current trend nearing its end? Ethereum’s price has stopped at a long-term level, which already indicates that there are a number bulls out there. But whether the nature of those purchases is long-term or short-term will only become clear after analyzing the further structure of Ethereum’s price. For the formation of a short-term upward trend to begin, Ethereum’s price will have to fortify at the largest accumulated trading volume mark,....