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Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion. Find out what other network metrics have been impacted by ether’s latest price gains.https://www.coindesk.com/new-year-new-price-gains-eth It’s safe to say that 2021 is off to a great start for Ethereum.  Since ringing in the new year on January 1, the price of ether (ETH), the native cryptocurrency of the network, has appreciated 48% and surpassed the threshold of $1,150 for the first… Source link

WUHAN, CHINA / ACCESSWIRE / January 5, 2021 / World Blockchain Conference 2020·Wuhan kicked off at Wuhan International Conference & Exhibition Center on December 5. This Conference is hosted by 8BTC, and has received great support from such organs of government as Wuhan Municipal Government, Jianghan District Government, Wuhan Municipal Bureau of Economics and Information Technology, and the China Academy of Information and Communications Technology. On the forum on the mining industry held… Source link

Bitcoin prices have remained at lofty levels after reaching a record high earlier this month. (Photo … [+] Illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Bitcoin prices have been trading north of $33,000 since this afternoon, fluctuating close to the record level of more than $34,000 they reached earlier this month. The world’s most prominent digital currency rose to as much as $34,435.42 at roughly 5:45 p.m. EST,… Source link

Bitcoin has surged to over $34,000 per bitcoin in the last week, topping off a year that saw the cryptocurrency climb more than 300%. The bitcoin price, after suffering through a three-year bear market, began to rally in October—breaking into fresh territory last month as a wave of big-name investors named bitcoin as a potential hedge against inflation. Now, Morgan Stanley MS analysts have warned the huge government and Federal Reserve spending through the coronavirus pandemic… Source link

Ethereum Ethereum rose by 5.9% on Tuesday. Following on from a 6.32% rally on Monday, Ethereum ended the day at $1,103.73. Another mixed start to the day saw Ethereum rise to an early morning intraday high $1,136.93 before hitting reverse. Falling short of the first major resistance level at $1,178.80, Ethereum slid to a mid-morning intraday low $975.00. Steering clear of the first major support level at $896.14, Ethereum bounced back to $1,100 levels late in the day. At the time of writing,… Source link

Bitcoin continues to trade close to its all-time high reached this month. Its price is now around US $34,000 — up about 77% over the past month and 305% over the past year. First launched in 2009 as a digital currency, Bitcoin was for a while used as digital money on the fringes of the economy. It has since become mainstream. Today, it’s used almost exclusively as a kind of “digital gold”. That is to say, a scarce digital asset. In response to the risk of economic collapse… Source link

In the legacy financial world, yield has dried up. Yields on U.S. Treasury bonds have never been lower. The 10-year Treasury bond now offers you a less than 0.9% return. At around 2.1%-2.3%, AAA corporate bonds aren’t doing a whole lot better. Knowing this, while also hearing about the Federal Reserve’s strong intentions to get inflation above 2%, it’s no wonder investors are ditching low-yielding assets and getting into more speculative investments. People are allocating capital in… Source link

Bitcoin has had a strong run, but what’s its value? (Photo by Jaap Arriens/NurPhoto via Getty … [+] Images) NurPhoto via Getty Images Bitcoin has seen a great run, both in recent months and over broader history. Yes, it roughly tripled in 2020, but let’s not forget it’s also up around 30-times over the past 5 years. Focus on medium-term price swings, which are undoubtedly extreme, should not obscure that Bitcoin has been one of the great assets to own… Source link

Cryptocurrency market is once again heading north as the US Dollar Index plummets. The US Dollar index lost 0.32% today and nears the lowest level of last year’s December 31. By the time writing of this article the US Dollar index is at 89.568. As markets opened on January 4, there was a huge sell-off at the cryptocurrency market mainly caused by the hike of the S&P Volatility Index, panic in the market caused a drastic drop in prices of some cryptocurrencies, yet most of altcoins such as… Source link