Ethereum (ETH) experiences a sharp rise in price, that's why – ETH News Today – ETH / USD Price Today



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The performance of the crypt
the market last week was quite impressive. Many were also impressed by Bitcoin (BTC) performance. Bitcoin (BTC)
rose from an annual low of around $ 3,150 to a weekly maximum of $ 4,220 in one
a couple of days. However, the performance of Ethereum (ETH) in that same period
exceeded that of Bitcoin (BTC).

In the last 7 days, the value of Ethereum has increased
significantly. The digital currency has increased
at $ 135 from $ 85 in that little amount of time. This
is an increase of over 45 percent in the space of a week. Evaluation of the
the entire crypto market has also seen an increase,
while it rose to $ 134 billion from $ 102 billion.

The recent increase in value
Ethereum (ETH) has addressed some questions in the cryptographic space. Many are now
curious to know the factors behind the sudden increase
in the value of Ethereum (ETH).

ConsenSys is healthy and does not crash

According to a report by "The
Verge, "ConsenSys – a leading development study at Ethereum – was planning
fire from 50 to 60 percent of his
1,200 employees to reduce costs. Second
to the insiders, the head of ConsenSys and co-founder of Ethereum – Joseph Lubin –
he was trying to fire workers who were not relevant to the future of
to boot.

ConsenSys plays a very important role in the expensive Ethereum ecosystem. L & # 39; Company
Kaleido, MetaMask, Alethio and Tartufo houses. The news on the laying of the company
some of its workers have sent some
investors in delirium. If the company
collapsed, most networks that support ETH would follow suit.

However, the head of ConsenSys
he came out to say that the preventive paranoia and conjecture thrown on him and his company by the media is
not true. He said that the company is still healthy and is engaged in a rebalancing
priorities. The clarification of Joseph Lubin has probably played a key role in
restore the trust of Ethereum (ETH) investors in the popular network.

CFTC talks about Ethereum (ETH)

Last year, there is
was a lot of hype surrounding the future Bitcoin (BTC). CME and CBOE have launched contracts and Bakkt only
he also revealed launch plans. However, a new rivalry is expected
make a debut in the scene of alternative digital currency investment vehicles.

This new competitor is Ethereum
(ETH) – which was the second largest digital currency in the world by market
Postal Code. The CFTC (Commodities Trading Futures Commission) has just confirmed these speculations
last week. Last week, the CFTC asked the public's opinion on the
question of alternative digital currencies, or Ethereum (ETH).

It seems that the raw materials
The Futures Trading Commission is looking for comments and feelings from the public
to move forward with his decision on an instrument supported by Ether, as proposed
Futures Ethereum (ETH) supported by CBOE. If such a product arrives in cryptography
space, it could greatly improve the value of the digital currency and push it
higher.

Price Ethereum (ETH) today – ETH / USD

At the time of writing, Ethereum
(ETH) is changing hands to $ 151 after a 16 percent increase compared to the past
twenty-four hours. The current digital currency market capitalization is $ 15.11
with a trade volume of $ 3.55 billion in the last twenty-four hours.

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