Ethereum Spikes Above $2,700 After Fed Announcement, What Now?
Ethereum has moved above $2,700 following the Fed announcement yesterday. The highly anticipated meeting had been concluded, coming out that the Fed had increased interest rates by 0.25%. Ethereum has responded positively to the news and had rallied out of the slump it had been in since the last dip. Now the digital asset sits above $2,700 but it is still far from stable at this price point. What The Rally Did Ethereum’s rally on Wednesday was a welcome one, showing more bullish tendencies towards cryptocurrencies following the Fed’s decision. After completely smashing the $2,522....
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In reply to yesterday's announcement of Ethereum cloning by Counterparty, Ethereum's co-founder Joseph Lubin commented on a Reddit discussion. He said: "Ethereum will ultimately (March 2015 release scheduled) be more general, elegant and powerful. Ethereum, when released, will be 100% feature-free. Instead of providing a handful of hard-coded features, Ethereum is a decentralized application programming, deployment and utilization platform which will enable developers to build any 'features' they can conceive of." Lubin quoted Ethereum CCO, Stephan Tual, who said: "It went from 'ethereum....