Ether (ETH, -0.25%) continued its rally on Thursday after the Berlin hard fork on the Ethereum blockchain went live earlier the day, surpassing $2,500 for the first time in history.
- The No. 2 cryptocurrency by market capitalization was traded around $2,498.91 at press time, just slightly down after it briefly went as high as $2,503.92.
- Ether’s price has been outperforming bitcoin (BTC, -1.71%)‘s on Thursday, as the Ethereum blockchain’s much anticipated Berlin hard fork went live early the day.
- The upgrade, which sets up the network for the much bigger London hard fork in July, incorporates four Ethereum Improvement Proposals (EIPs).
- The hype around ether is also reflected in the derivatives market, as open interest in ether’s options market rose to a record high above $3 billion on Wednesday.
- The late-day surge also could be due to news that the Rothschild Investment took at initial $4.75 million stake in the Grayscale Ethereum Trust. Grayscale is owned by CoinDesk parent company Digital Currency Group.
Recommended News
-
Adam: Tcow will recast the cross chain DEFI
At 23:00 UTC on March 17, 2021, Adam, the person in charge of cow Asia Pacific region, tweeted that “According to the proposal of community governance of cow, cow will enter wave field ecology through parallel chain. Imtoken tokenpocket and other wallets will support the cross chain of cow-trc20 protocol on April 1, 2021.This will be the first time that cow has entered the defi ecosystem of landing applications.” Then in the forum, some informants released their opinions to understand that tcow, the new eco token mentioned in…
03/19/2021 -
Steve Jobs’ Daughter Claims He Told Her She ‘Smelled Like A Toilet’ While On His Death Bed — But She Clarifies He Was Being Honest: ‘I Really Did’
In “Small Fry,” a memoir by Lisa Brennan-Jobs, the estranged daughter of Steve Jobs, readers are offered a profound insight into her complicated relationship with the iconic Apple co-founder. Known for his unfiltered approach to communication, Jobs never hesitated to express his opinions, no matter how sharp or direct. Published excerpts in Vanity Fair in 2018 drew considerable attention, revealing the depth of their strained interactions and emotional distance. Lisa made it a point to visit her father every other month during the last year of his life as he battled pancreatic…
03/06/2024 -
Japan AVF HOLDS HANDS IN SONA TO BUILD NFT ecology
According to official sources, T-power, Japan’s largest AV copyright owner, has announced that it will soon begin creating and releasing NFT copies of SONA and enter into a deal with SONA coinage. Starpunk operating NFT Alliance (SONA) is a decentralized and autonomous organization (Dao) platform, audited by the Soken , and is the heavyweight blockchain authority that audits OpenSea. The no preorder, no private offering by the Geek Coalition of America is the NFT Super Cross chain token, backed by the Andreessen Horowitz Foundation. NETWORK1 aims to connect blockchain/NFT game…
Business 10/12/2021 -
A Comprehensive Insurance Platform – Blockchain Insurance Global
Our global economy has grown steadily in recent years, and an increase in income levels has driven the growth of consumer demand. Among them, the demand for health protection has seen a significant increase. However, the traditional insurance model is cumbersome, delivering a poor experience for users. A transformation and upgrade of the industry is imperative. In 2020, an insurance platform that relies on blockchain technology, AI and big data started to receive attention from the mass markets. The aptly-named Blockchain Insurance Global (BIG for short) has created a new insurance platform, and has achieved a growth rate of 53% in 2020, reigning as the growth leader of the industry. By empowering the insurance…
01/28/2021 -
Building the Foundations for the Decentralised Dream of the Web3 Space
The likes of Google and Facebook have dominated the Web2 era, building multi-billion dollar empires and developing powerful influence over the shape of the internet. They have built many of the applications we use in our everyday lives, that has provided convenience, improved efficiency and connections. However, the cost of this “free” technology provided to users is the loss of user control over their data and their share of the upside from use of that data. Addressing these concerns, Web3 has positioned itself as the next evolution of the…
11/08/2022 -
Bitcoin Steadies Near $54K After Biggest Drop in a Month
Bitcoin stabilized near $54,000 early Tuesday after posting its worst daily loss in almost a month. Bitcoin (BTC) was trading around $54,680 as of 12:50 UTC (8:50 p.m. ET), after falling late Monday to around $53,715, the lowest since March 16. The largest cryptocurrency fell 5.8% over the previous 24 hours, for its largest daily decline since Feb. 23, according to Bitstamp exchange data. Bitcoin’s 24-hour range: $53,795.15-$58,407.62 (CoinDesk 20). BTC’s 4-hour chart shows seller volume has been building alongside a falling price, a bearish signal for market technicians. BTC 4-hour…
03/22/2021 -
NFT’s with True Ownership and Asset Backed Utility
Viviverse X ME Holdings join in an exclusive partnership to develop the worlds first real estate NFT collection in the metaverse. Each NFT gives the owner true ownership of an actual property that is developed by ME Holdings and rewards them with asset backed yields in terms of rental and capital gains generated. In addition owners simultaneously earn staking and utility rewards in Viviverse. The first batch will be minted on Aug 31st and made available throughout the Summer of 22. List pricing and whitelisting procedures will be made known on…
08/27/2022 -
Staking as an Asset Class? This Swiss Institutional Fund Is Jumping In
While institutional investors around the world are just getting their heads around bitcoin (BTC, +5.09%), asset managers in crypto-friendly Switzerland are heading into staking on next-generation blockchain networks. Announced Friday, Zurich-based investment firm Tavis Digital has partnered with Singapore-based Persistence, a bridge for traditional firms into undiscovered realms such as token staking and decentralized finance (DeFi). Tavis Digital is a spin-off of Tavis Capital, an asset manager regulated by the Swiss Financial Market Supervisory Authority (FINMA) with about $1.07 billion in assets under management. Nimble and financially sophisticated countries like Switzerland and…
Business 03/26/2021 -
Zelator sharing matrix is strong
2020 is a turbulent year, for the currency circle, the project circle is very, countless people fell before the bull market, today, a new decentralization of the global sharing matrix project, a decentralization of the divine wave field matrix appeared! Zelator, comes, strong and born. Zelator is the international community of the global decentralized ecosystem and the first ever intelligent contract marketing matrix of the Tron network, developed by a group of network technology geeks and block chain community enthusiasts, without project parties. No manager behind the scenes, all data…
01/25/2021 -
After August 30, 2022, the reward rules for users participating in TSwap node PK will be changed
According to the latest news from the TSwap official website: The LAX+USDT liquidity pool will be tested globally from June 1 to June 6, 2022. If the liquidity pool is tested to be functional, it will be officially launched. The users can obtain the token of ecological value TJC by adding liquidity. In fact, most of the community users are expecting the LAX+USDT liquidity pool, and they want to participate in the liquidity pool plan, which will accelerate the development of TSwap ecology. With the rapid ecological development, the consensus…
06/01/2022