Ethereum

As major blockchain platforms are seeing upgrades, major cryptos are surging on a wave of trader enthusiasm. Bitcoin is surging to all-time highs, breaking $67,000. However, altcoins are doing even better. Ether has reached an all-time high of $4,841 following a network upgrade. Ethereum's Altair Upgrade Since the start of 2021, Bitcoin's dominance has fallen from 73% to 44%. Meanwhile, Ether's share of the crypto market cap has risen to 20%. Its main advantage is that it powers the Ethereum network, a…

Another mainstream billionaire has added cryptocurrency to his portfolio. Tim Cook – CEO of Apple – recently confirmed that he owns at least one of the two top cryptocurrencies. Cook’s Personal Interest In Crypto In a recent interview with CNBC’s Andrew Sorkin, Cook was asked whether he owns Bitcoin or Ethereum. “I do”, he replied.  I think it’s reasonable to own it as part of a diversified portfolio… I’m not giving anyone investment advice by the way.” [caption id="" align="aligncenter"…

Solana's ecosystem is getting a significant upgrade - for mobile. The Ethereum-like ecosystem that powers smart contracts will get a much-needed upgrade. Thanks to two significant players expanding into the space, the system will be easier to interact with on mobile. Recently, Phantom, a browser-based wallet, announced releasing an app for Android and Apple users. Developers said that that they will release a private beta of the app "around the holidays." They are planning to release the full launch in…

Ether reached its all-time high as crypto surged on new developments in the DeFi space. The second-largest crypto has reached an all-time high of over $4,700. Other major cryptocurrencies were up as well. Bitcoin was up 8% over the last week to $66,000. Many investors believe it will soon reach its all-time high of $67,000. Binance Coin surged almost 20% to $649, and Solana was up 23% to $250 over the last week. Ether was up just under 11% in…

Musk's tweets are shaking the markets again - including Tesla. Specifically, Elon Musk created a Twitter poll to decide whether he could sell 10% of his Tesla shares. The sale could be worth $25 billion. As a result, Tesla crypto tokens dropped 6.8%. Tesla shares in premarket trading soon followed, dropping 5%. The CEO of Tesla and SpaceX decided to engage his Twitter followers on the question of unrealized capital gains. On Saturday, Musk tweeted that he would sell 10%…

As the oldest cryptocurrency, Bitcoin may rightfully lead the other digital assets by market capitalization. However, Ethereum takes second place as the leader of all altcoins. Furthermore, it is currently enjoying a swift surge in popularity and, subsequently, value. Ether (ETH), Ethereum's native token, has a market cap of roughly $200 billion. One unit sells for over $1620; some expect it to reach or even overcome Bitcoin soon. This article looks at Ethereum and its chances to take the top spot…

JP Morgan – America’s largest investment bank – said that Ethereum now beats Bitcoin as an investment option. Interestingly, this comes shortly after the bank released a report arguing Ethereum's overestimation in comparison to BTC. Though it presents plausible arguments, there are also some holes in the banking giant’s logic. Ethereum Over Bitcoin? JP Morgan’s Argument JP Morgan’s market strategist Nikolaos Panigirtzoglou offered this analysis in a recent report, according to Markets Insider. As he argued, rising interests could make…

The Australian Securities and Investments Commission (ASIC) just released new guidelines on establishing crypto ETPs in the country. Alongside numerous regulatory requirements, the commission is tentatively permitting Bitcoin and Ethereum backed spot ETFs to launch. Incredibly, they are also willing to evaluate other cryptocurrency's suitability as underlying assets for such products. Australia's Approach to Crypto ETFs ASIC revealed its openness to digital asset ETFs in response to the crypto industry earlier today. This was a follow-up to the commission's consultation paper…

A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…