CLICK THE PICTURE TO VOTE
Crypto

Ethereum sets new record and crosses psychological threshold

Ethereum has just overtaken threshold of 3000 dollars on monday morning, the new record at the time of writing is $ 3,056. The cryptocurrency went on this new course after a week of growth of more than 30%, and in 2021 an increase of 300%

Why now ? Second most important digital token developed in a more relaxed environment than in mid-April for cryptocurrencies. Dogecoin and various altcoins such as Binance Coin have experienced a less volatile period in recent days after very impressive gains in the past.

Bitcoin, for its part, is quietly returning to face the $ 60,000 psychological bar that represents its biggest resistance in recent weeks.

Waiting for a major contract

Ethereum’s new record can be explained by an alleged contract European investment bank (something to remind you of the 2018 Austrian project). Last week, reports prevailed that the company is launching a digital bond sale on the Ethereum blockchain network.

Ethereum is also in the process of launching its new update for Ether 2.0… The community is eagerly awaiting this because it will fix the major flaws affecting the digital token.

Its program plans that its Proof-of-Work mining method will be modified to more efficient, faster by processing more transactions during decentralized verification.

In recent years, Ethereum has distanced itself from Bitcoin, presenting itself more as an exchange token than a safe haven. Many Blockchain platforms, such as selling NFTs or exchange platforms for buying altcoins, use ether as digital reference token


Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker