Ethereum Price Moving Higher, ETH Above $200, Looks Strong and Lively
On Thursday, May 14th, Ethereum (ETH) price keeps growing, the second-largest crypto is currently trading at around $202, having added 6% in the last 24 hours.
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.
On Thursday, May 14th, Ethereum (ETH) price keeps growing, the second-largest crypto is currently trading at around $202, having added 6% in the last 24 hours.
By announcing its native blockchain wallet – the “Vault” and the Loot Tokens representing the “community points”, Reddit takes the crypto route to establish user authenticity and credibility on its platform.
The cryptocurrency market is correcting before another descending wave. In the past, Bitcoin didn’t start rising aggressively after the halving, on the opposite, it was even falling for a while and managed to break its previous highs only 3-6 months later.
After some clarifications from Vitalik Buterin, it has become fully obvious that Ethereum 2.0 won’t be launched this July. The year 2021 is a more realistic period for this launch.
ErisX has announced that it is launching Ethereum futures contracts. It is the first U.S.-based exchange to introduce physically-delivered ETH futures.
In an interview with Coindesk reporters, Vitalik Buterin confirmed that after a row of delays Ethereum 2.0 will be launched in July.
Bitcoin price is moving up as the halving is just 3 days away. But will Ethereum follow the trend and rise along with Bitcoin?
In this crypto digest, we will take a look at some of the most important news from crypto exchanges that came out during last month.
On Thursday, May 7th, the ETH rate resumes growth after a row of days “in the red”. Now Ethereum is generally trading at $207, having lost around 3% within the last 24 hours.
Bitcoin is still the most valuable digital asset and its security is being guaranteed by the community of miners and providers. Such providers as CoinFly eliminate fears of users about the centralization.
Buterin said that the annual token issuance with Ethereum 2.0 will be reduced to less than half of the current token issuance. There will be other developments like the accurate prediction of the transaction’s optimal fee amount.
The cryptocurrency market has regained over 100% from the March 12 flash crash leaving the stock markets far behind after they gained 36%. The majority of coins are in the green now.
The crypto market is in the green today. Bitcoin has gained over 11% within the last 24 hours, while Ethereum is 10% up.
Ethereum bulls have continued to outperform themselves in April in spite of the coronavirus-related volatility. Ethereum (ETH) price proves that it has the potential to rise to $200 despite retreat to $170 support.
Cryptocurrencies continue to correct without any significant fluctuations in either direction. A lot of assets are stuck inside their respective “Triangle” patterns, thus indicating an extremely low volatility.