What happened Shares of Grayscale Ethereum Trust (OTC:ETHE) were soaring on Tuesday. As of noon EST, the stock was up 22%. This is likely related to the movement the funds’ underlying asset: Ether. Ether is the token native to the Ethereum blockchain, and it’s been going up rapidly over the last few days. In fact, today Ether tokens surpassed the price of $1,400 per token — a level not seen since 2018. So what Ether tokens reached all-time highs of $1,448.18 back in January 2018,… Source link

As a crypto investor, it’s vital to understand the differences between Bitcoin vs Litecoin. As the world’s first cryptocurrency, Bitcoin set the pace for our current blockchain revolution, However, Litecoin showed the market that you can build on the strengths of Bitcoin and add a little more technical capabilities without reducing the coin’s effectiveness or overall purpose. Bitcoin Bitcoin was designed and built in 2008 and entered the market in 2009. Bitcoin’s anonymous creator, who… Source link

STRF/STAR MAX/IPx I’m out of bitcoin (BTC) and ether (ETH) and I have loaded up on decentralized finance (DeFi), which is now running hot. The time for investment is over for BTC and ETH and for that matter DeFi—these are now trading times. DeFi is rocketing and rather than have two huge positions with limited upside, DeFi offers me a chance to have many small positions with huge upside. Diversification is a law you reject at your financial peril. DeFi is going… Source link

KTSDESIGN/SCIENCE PHOTO LIBRARY/Getty Images CoinShares launched an exchange-traded bitcoin product on January 19 to be listed in Switzerland. Each unit of the product will be physically backed by 0.001 Bitcoin. Bitcoin seems to have entered some form of consolidation following a period of high volatility. Visit Business Insider’s homepage for more stories. CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin… Source link

Ether (ETH), the largest altcoin by market cap, finally reached new all-time highs against the U.S. dollar on Jan. 19. ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview At the same time, Bitcoin futures open interest has also reached a new record high of over $4.5 billion on Jan. 19, according to Glassnode.  $ETH open interest at an ATH. Chart https://t.co/Gdq1xWC22U pic.twitter.com/j53Fp8GJKW — glassnode (@glassnode) January 19, 2021 Ether price is back after 3 years Data from 

Background The Ethereum network today is overrun with traffic, causing transaction fees to spike to levels that are not affordable for many use cases. This is partially due to the success of DeFi projects, where users don’t mind paying the high transaction fees because of the financial value of the transactions being made. (In Ethereum, transaction fees are typically referred to as “gas” costs, since the fees do not just fund transactions but actual applications… Source link

VANCOUVER, British Columbia, Jan. 19, 2021 (GLOBE NEWSWIRE) — Loop Insights Inc. (MTRX:TSXV RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated contact tracing to the brick and mortar space, is pleased to announce the final integration of major cryptocurrency payments into the Company’s contactless payment platform. Initial integration was… Source link

Loop Customers and Enterprise Clients Keep Pace With Fortune 500 Shift In Digital Currencies VANCOUVER, British Columbia, Jan. 19, 2021 (GLOBE NEWSWIRE) — Loop Insights Inc. (MTRX:TSXV RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated contact tracing to the brick and mortar space, is pleased to announce the final integration of major cryptocurrency… Source link

NEW YORK, Jan. 19, 2021 /PRNewswire/ — Bitcoin Billionaire Update: Bitcoin Billionaire allows users to invest and trade in this cryptocurrency conveniently. A user deposits money into their account which is then converted into the Bitcoins that they use to trade. Bitcoin Billionaire is a famous crypto auto trading platform. These are the easiest steps to follow while using Bitcoin Billionaire to trade : Register, Deposit Money, Start Trading The Bitcoin Billionaire’s concept is… Source link

Ethereum price is just a few points below its all time high, supported by high demand and high transaction volume. The ETH is trading at $1,327, which is slightly below the ATH of $1,547. Meanwhile, Litecoin price is trading at $158, which is slightly below the important resistance level at $160. It has jumped by 11.25% in the past 24 hours.  Ethereum price is soaring because of the strength of the Decentralized Finance (DEFI) industry. Data compiled by… Source link