Ethereum,En la intimidad the second largest cryptocurrency by market cap (behind Bitcoin), is currently trading at $707, a 20% increase in the last 24 hours.
This is a new record for Ethereum, which has kept pace with Bitcoin for the better part of the year but started falling behind sometime in the summer. Bitcoin's price grew tremendously in the second part of the year. One bitcoin is currently worth $17,176.
SEE ALSO: Bitcoin's secretive creator could become the world's first trillionaireEthereum's market capitalization, according to CoinMarketCap, is currently $66.5 billion.
Besides being a blockchain-based cryptocurrency, Ethereum has fairly little to do with Bitcoin. While Bitcoin is primarily a payment system, Ethereum is a platform for decentralized apps running on its blockchain.
Ethereum's platform ushered in a completely new breed of startups that raised funds via initial coin offering or ICO events. Participants exchange Ethereum for new digital tokens created on the Ethereum blockchain. ICOs raised more than $1.24 billion in the third quarter of 2017, according to CoinDesk.
Most recently, Ethereum has been in the news due to a popular game called CryptoKitties, which lets users collect and trade digital kittens stored on Ethereum's blockchain.
This Tweet is currently unavailable. It might be loading or has been removed.
Looking at price alone, Ethereum's growth has been even more impressive than Bitcoin's this year. The cryptocurrency was trading for about $8.3 in January; its current price represents a 8,500% increase.
Ethereum might be rising due to recent comments by SEC chairman Jay Clayton, who published a statement on Monday warning about the dangers of ICOs, which are largely unregulated. He also said that some digital tokens traded in ICOs aren't securities and do not fall under SEC's jurisdiction.
Numerous other cryptocurrencies continue yesterday's rally, most notably, the banking-oriented Ripple, which grew by 73% in the last 24 hours and now has a market cap of $18 billion.
Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH, as well as a swiftly rising number of digital kittens.
Topics Bitcoin Cryptocurrency
Best robot vacuum deal: Save $320 on Shark Robot Vacuum and Mop
Best Samsung TV deal: Save $498 on 85
What are immigration red cards? How the internet is rallying behind undocumented workers
Best Toshiba TV deal: Save $170 on 55
Music is the secret weapon of Mario Speedrunners
Sinner vs. Shelton 2025 livestream: Watch Australian Open for free
NYT mini crossword answers for January 23, 2025
NYT Connections hints and answers for January 24: Tips to solve 'Connections' #593.
Elon Musk makes request to Reddit CEO to take down posts he didn't like
Best JBL deal: Get $100 off the JBL Soundgear Frames at Woot
NYT mini crossword answers for April 24, 2025
Best Samsung deal: Take 47% off the Samsung Q
Celtic vs. Young Boys 2025 livestream: Watch Champions League for free
NYT Strands hints, answers for January 23
How This Long
Samsung briefly teased XR headset 'Project Moohan' at Galaxy Unpacked
Samsung Unpacked live stream: See the Galaxy S25 announcement live
Best Samsung deal: Take 47% off the Samsung Q
Best Bluetooth tracker deal: Save 29% on the Tile by Life360 Essentials bundle
Samsung Galaxy S25 Edge: The ultra
ByteDance launches Pico 4 Ultra in China, competing with Apple Vision Pro · TechNode9 thrilling 2023 space launches to look forward toByteDance launches Pico 4 Ultra in China, competing with Apple Vision Pro · TechNode'House of the Dragon' Season 2, episode 1: The Helaena prophecy you may have missedNASA's InSight Mars mission has officially ended after four yearsTesla China to introduce redesigned Model Y crossovers, including a sevenNASA Artemis spaceship snaps stunning view of moon orbiting EarthHuawei reveals name of first triThe unusual things NASA's Artemis moonJapan gives $2.4 billion in incentives to Toyota and more for battery making · TechNodeBYD touts progress in automated driving with refreshed Han sedan · TechNodeNASA will attempt a moon launch in November. So will someone else.China calls on the Netherlands to uphold market principles amid new Dutch export controls on chipTikTok introduces AIHow to zoom out on a MacThe most stunning NASA Artemis footage from 2022's mission to the moonApple Watch Series 10 will reportedly be a huge upgradeNASA will attempt a moon launch in November. So will someone else.NASA Artemis spaceship snaps stunning view of moon orbiting EarthThe unusual things NASA's Artemis moon Recapping Dante: Pilot Episode, or Canto 1 by Alexander Aciman How sextech is (and isn’t) confronting pelvic pain taboos Catch nearly 100 Prime Day deals that are still live James Franco Is Garbo, a Novelist, and Other News by Sadie Stein Turkey in a Suitcase by J. D. Daniels The EU will require all smartphones to have replaceable batteries by 2027 Why 'House of the Dragon' is still filming during the SAG UK horrified by all the U.S. drug ads during Meghan Markle interview Alienation by Sadie Stein I Found My Thrill by Ross Kenneth Urken MIT study: ChatGPT increases productivity, has potential to close the inequality gap Is going to a movie during the WGA/SAG See You There: The Paris Review in Philadelphia by Sadie Stein Future Tense: An Interview with Kiese Laymon by Whitney Mallett Novels a Waste of Time, Says Noel Gallagher, and Other News by Sadie Stein Author’s Best Friend: The Pets of Literary Greats by Timothy Leo Taranto Here's how the SAG/WGA strike could affect content creators How to use PayPal on Amazon On Twaddle by Sadie Stein Or, the Whale by Sadie Stein
0.7502s , 8202.640625 kb
Copyright © 2025 Powered by 【En la intimidad】,Information Information Network