Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450

Ether (ETH) has broken its previous all-time high set in January 2018 with a rise to $1,439.

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....

Vitalik Buterin has set the next Ethereum’s milestones for 2017 and 2018. According to his paper ‘Opportunities and Challenges for Private and Consortium Blockchains’, Ethereum 3.0 with ‘unlimited’ scalability will be released in late 2018. Ethereum’s success brought smart contracts in focus. The Ethereum platform has generated much furore of late particularly after the crowdfunding of The DAO - or the Decentralized Autonomous Organization - and the subsequent spike in the price of the currency of the platform, Ether, from less than a dollar to $15 in six months. A sane level of clarity....

Ethereum’s price has shot back up, bringing cryptocurrency’s market capitalization past $13 billion and bringing Bitcoin’s portion down below 80% The price per Ether has risen to over $14 and its market cap from about $975 million to about $1.2 billion over the last week. Meanwhile, over the same time period Bitocin’s market cap fell from $10.5 billion to $10.28 billion, reducing its share of the global cryptocurrency market cap to below 80%. Ethereum’s successful hard fork, Coinbase integration. The partial price and market cap recovery can be traced to Ethereum’s successful hard fork.....

A 31% price surge was accompanied by a 77% rise in the cost of transacting on Ethereum. Ether (ETH), the second largest cryptocurrency by market capitalization, returned to an all-time high on April 2 when the spot price for each unit of ETH exceeded $2,000. Meanwhile, the ominous spectre of Ethereum’s unwieldy transaction fees made itself felt once more, as the cost of using the blockchain rose 77% across the past few days, in line with a 31% increase to the ETH coin price. Ether recorded green candles for eight of the past nine days, as the coin price rose from a recent bottom of $1,530....