Ethereum Surpasses All-Time High, Reaches $2 Billion Market Cap
Ethereum has risen to new heights in the past 24 hours, reaching an all-time high of around $24. Up from around $16 in what appears to be a bull run over the past two days. The currency has further reached a market cap of more than $2 billion, the highest ever achieved by any digital currency except for bitcoin, giving ethereum a more than 10% share of bitcoin’s market cap. The rise began shortly after the surprise decision by the SEC to reject the bitcoin ETF, leading to a steep price fall of around $350 to then somewhat recover, now standing at just under $1,200. At the same time, it....
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Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position.
Ethereum Reaches New All-Time Price High
The second-largest crypto market capitalization belongs to ethereum (ETH) with a valuation of around $510 billion today.
Currently, there is $28.9 billion dedicated to ether trades and ETH’s market cap has a dominance rating of around 18.8%.
ETH reached its all-time....
The total global market capitalization for cryptocurrency has reached 90% of its highest recorded value during late 2013’s Bitcoin price bubble. Early Thursday June 16th, the total cryptocurrency market cap reached $14.3 billion, nearly 90% of its total in early December of 2013 of $15.9 billion, during Bitcoin’s all-time high price over $1,000. This represents a growth in the cryptocurrency sector of $10 billion over the last year, almost $6 billion of which occurred over the last month Bitcoin not solely responsible for spike. Bitcoin’s price surged to about $730 early Thursday, bringing....
The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion.
Ethereum Beacon Chain Validators Jump Past the 300,000 Mark
For quite some time now, Ethereum (ETH) network participants have been preparing to transition from a proof-of-work (PoW) system to a protocol that solely relies on the proof-of-stake (PoS) consensus algorithm.
The Ethereum community has been running a parallel system that....
Ether price has rallied 322% year-to-date and its $67 billion market cap now surpasses General Motors and CME Group. 2020 has been an impressive year for the Ethereum network and Ether (ETH) price. In November the Eth2 deposit contract quietly launched and before the end of the month the contract had reached capacity with 524,288 Ether locked. When Black Thursday occured on March 12, nearly every cryptocurrency had its price crushed and Ether was not spared from the carnage. After trading for as little as $86 on March 12, Ether price recovered to post a year-to-date gain of 322% and the....
12 March 2016 – Ethereum hit a major milestone early this morning, reaching a market cap of 1 Billion US Dollars at around 3:15am GMT. Ethereum has enjoyed explosive growth since announcement of the “Homestead” beta phase of development, with a 22% jump in active nodes in a single day, and steady growth since. Ethereum has been the second most traded Cryptocurrency for over a month, but reaching this critical milestone puts Ethereum at a not insignificant percentage of Bitcoin, which holds the highest Market Capitalization at 6.3 Billion.