Ethereum Loses 10% of Its Price, Slips Below $200 Again
The latest ETH price drop is the result of a market-wide correction as all the top twenty altcoins lost nearly 5-10%, taking overall market cap below $200 billion.
Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
The latest ETH price drop is the result of a market-wide correction as all the top twenty altcoins lost nearly 5-10%, taking overall market cap below $200 billion.
Here’s a look into the number of different projects done by Ethereum developers as a part of the Ethereum 2.0 development.
Zamfir presented a proof-of-concept which highlights the future possibility of seamlessly moving ETH tokens and other messages across a shared blockchain.
Despite some pessimistic moods in the crypto community, Changpeng Zhao, the CEO of Binance, believes that crypto still has room for 1000x growth in the upcoming years.
A major recovery of Ethereum and other altcoins support today’s cryptocurrency market price surge.
Vitalik Buterin gives a logical explanation saying not just ‘euphoria’ but ‘actual usage’ will support the future growth of digital currencies.
Having started its way in the U.S. from California, the digital asset trading platform OKCoin is expanding into 20 more states.
The price of Ethereum (ETH) has significantly underperformed the overall crypto market, dropping more than 60% since the beginning of September.
Cryptocurrency market sentiment continues to remain negative as Ether (ETH) and other altcoins enter a downward spiral.
Though some optimists still hope for the bright future for cryptos, Ethereum co-founder believes that we won’t see 1000x Growth again.
The SEC cited the reason of its interim suspension stating that the funds create a “confusion amongst market participants.”
By Thursday, Sep 6, Ether is still under pressure. Today, the crypto is losing 0.1%, trading around $228.18. Yesterday Ether lost around 20% and the price is now trying to find a support.
Just few weeks after launching an XRP wallet, the hybrid payment platform Wirex is officially adding ethereum to the list of supported digital currencies.
Buterin talked about the Ethereum developer community is working on proposals to make gas payments in ETH at the protocol level, which could prevent the ETH price collapse.
The announcement comes just few months after Cloud giant Google introduced Bitcoin blockchain support for its BigQuery data analytics service.