The exchanges decided to resume withdrawals as the People’s Bank of China made it clear they are not forbidden.
The fact that two of three leading Chinese exchanges have started Ethereum trading allows suggesting that the third one is upcoming.
A trade for $327 was recorded on the Bid around 45 minutes after Ethereum debuted in mainland China, with buying aggressive across the board.
A recent reversal in the return premium of ETH vs. ETC due to buying by Bitcoin holders means that ETC now looks exceptionally cheap.
The proposal is written under the assumption that the signatories to the Consensus 2017 Scaling Agreement are genuinely committed to the terms of the agreement and intend to enact the updates described therein.
The move can be rather eventful for the cryptocurrency ecosystem especially if followed by other large Chinese exchanges.
Ethereum has risen over 2000% in 2017. But it’s far from just another open ledger-turned-online-ATM; it’s an innovation reaching for a greater social role.
If the 25-year average is around $10,000, as increasingly looks to be the case, then it is likely that the real 25-year value of Bitcoin is in the region of $100,000 or so.
Two leading virtual currencies achieved fresh record highs on Monday, stimulated by the increasing interest from investors around the world.
Ripple aims to provide greater market transparency and certainty about current and future XRP supply by placing 55 billion XRP into a transparently managed escrow account.
Bitcoin’s share of the combined value of the cryptocurrency market decreased below 50% for the first time in the history of the virtual currency.
Litecoin’s huge support is seen as a culmination of several weeks of investor excitement.
The booming trend is observed among all cyptocurrencies – Bitcoin and Ethereum set new all-time highs every single day. Here are latest updates from the cryptocurrency market!
Altcoins have never accounted for more of the overall cryptocurrency market capitalization before with Bitcoin’s dominance currently standing at just 59.1 percent.
Bitcoin seems to have a strong rival with market capitalization surpassing $6 billion.