Ethereum Rises to an All-Time High, Reaches a $6 Billion Market Cap
On April 27 the startup Parity Technologies announced the release of a new protocol stack using a new implementation of the Bitcoin software. The ‘Parity Bitcoin’ client is written in Rust adding one more alternative implementation to the Bitcoin ecosystem. Another Version of the Bitcoin Software is Born. The startup Parity Technologies is a blockchain-based firm led by the former Ethereum CTO and co-founder Gavin Wood. The company’s first product was the popular ‘Parity Ethereum,’ an ETH client that integrates into a browser. The team behind the new bitcoin client says the software was....
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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....
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....