Ethereum price reached an all-time high of 0.0171 BTC on 12th of this month, only to experience a considerable fall soon after. Even though the cryptocurrency value is not showing any upward trend at the moment, it has scaled new heights, and it will continue to perform better than it used to in the previous months.
As the demand for the Ethereum platform and its smart contracts enabled network increases, the value of Ethereum as a cryptocurrency will continue to surge.
Ethereum is tailor-made for such applications.
Ethereum as a platform has been receiving a lot of positive press lately. Many companies and organizations have expressed their support to the platform.
Ethereum, the crypto-token of the Ethereum platform has become increasingly popular amongst cryptocurrency enthusiasts over the past few weeks.
Ethereum is notably one of the valuable platforms. With the global FinTech industry shiftingÂ towards blockchain technology-based applications to suit their requirements, smart contracts, and automation of financial processes takes precedence.
Ethereum has completed yet another phase. The platform is expected to announce the stable release â Homestead which will follow Frontier soon. Homestead is a very important milestone for the platform as it signifies its maturity from a beta test phase to a more stable development phase. Even though Ethereum will still be far from complete with Homestead release, it is a great progress nevertheless.
The cryptocurrency may not sustain this growth in a short term, but the demand is bound to grow in the long term. The ones with long term trading plans are bound to gain a lot as time progresses.
It is speculated that the continuing block-size debate is one of the reasons for the increase in the demand of Ethereum. While it is hard to substantiate, the recent number seems to indicate that there might be an ounce of truth in it. In a span of 24 hours, 60,000 BTCs were traded for ethereum last week. There are reports (unverifiable at the moment) indicating a well-orchestrated ploy by unknown individuals or entities sending messages to bitcoin subscribers on social media about Ethereum being an alternative to Bitcoin.
While there are few investing in ethereum for its future potential, there are those who just follow the trend. The increasing demand and value of a certain cryptocurrency serve as an indicator of its potential (even though it may turn out to be wrong at times). Whatever the reason is, it still increases the demand â meaning a further increase in ethereum price.
Ethereumâs value has appreciated by nearlyÂ 500 percent since the beginning of 2015.Â In January, one ethereum was roughly worth 0.00212BTC. Almost a month and a half down the line, the value stands at around 0.01101 BTC.
It is also reported that ethereum will soon be added as one of the tradable assets on many crypto-trading platforms. It will increase the access to Ethereum market, resulting in more ETH/BTC and ETH/Altcoin trading. Augur, the much awaited Ethereum based prediction platform is about to be launched soon. And so are many other companies/startups offering smart contract solutions, all based on the same cryptocurrency.
Bitcoin Rebounds From Two-Month Low to Top $1,000
After falling to their lowest level in more than two months this weekend, bitcoin prices breached $1,000 again today.
Overall, the digital currency rose as much as 7.5% during the session, clim
SAP Joins HyperLedger, as Enterprise Blockchain Wave Sweeps In
The increasing adoption of distributed ledger technology by companies has made it hard for the enterprise solutions providers to ignore the blockchain. In order to keep up with the changing times,
Bitcoin Price Stabilizes at $1,022, Scalability Debate Continues
Bitcoin price reached $1,030 in most global Bitcoin exchanges such as Bitstamp and Bitfinex earlier today, recovering from the March 24 drop which occurred due to speculations on the likelihood of
Newsflash: Bitcoin Rises, US Dollar Sinks
Bitcoin prices have bounced back above $1,000 on Monday, registering a high of $1,032 on the Bitstamp Price Index.
Bitcoin is trading near the levels of the week past, finding its feet after a drop
Is Bitcoin A Safe Way To Transact Money?
Let me first say that I’m speaking as myself and not on behalf of the Federal Reserve System. Also, that my expertise is in the world of physical cash, so I’m not an expert in bitcoin.
Jeff Garzik’s Bloq Launches BloqLabs to Expand Support for Blockchain, Bitcoin Projects
Bloq, a provider of blockchain solutions, has launched BloqLabs to expand its support of open source blockchain and bitcoin projects, the company announced on its website.
“In the 1900s, Bell Labs
BitOasis Expands Credit Card Bitcoin Buying to 5 New Countries
BitOasis has announced it will expand a credit card buying option to additional countries in the Middle East.
In a move that follows its unveiling of an 'instant buy' option for UAE customers this
Bitfury Mines a Block Signalling User-Activated SegWit Soft Fork
Bitfury is reported is to have mined a block supporting the BIP 148 proposal, effectively signalling a user-activated softfork (UASF) for SegWit.
As the debate surrounding bitcoin’s block size cont