Ethereum (ETH) is ready for another bull run just recovered from its long lost position – ETH News Today – ETH / USD Price Today



[ad_1]

The UK-based Crypto Trading platform launches future Ethereum contracts

The value of Ethereum (ETH) has
it is gradually recovering from December 16th. In addition to the small break period
the value of the digital was seen between 24 and 28 December
the currency was consistent. As a result of this recent facility, the value of Ether was forced to retreat
and it depends on a growing trend line for support.

In the last two sessions,
between December 28th and January 1st, the price action of Ethereum was
moving in a block of intervals. The trend in digital currency prices strongly suggests a potential breakout. The digital
the currency looks set to test new highs as it swells at a huge rate.

Constantinople will be launched in a few weeks

Finally the year of the launch
the long-awaited hard fork of Ethereum – Constantinople – has arrived. A
the greatest development is coming to Ethereum on the 16th of this month. This
highly anticipated update – Constantinople – 16th is scheduled for launch
January around 7:00 UTC. The update is promised to make the Ethereum network
much faster and convenient.

The hard fork should introduce a new wave of distributed ledgers
technologies. However, there are some controversies related to this update. The
The upgrade should reduce premiums for miners from 3 ether up to 2 ethers.
On the positive side, it will significantly reduce blocking time, and this
it would make Ethereum faster.

Ethereum (ETH) moves XRP (XRP) to become the second largest digital
Currency

Today, January 2, seems to be more friendly with the crypt
market compared to yesterday. The digital currency market started in the red year.
However, almost all the coins in the market are now in the green, with Ethereum
(ETH) emerging as one of the best gainers.

The first big development in
the cryptic market occurred today with Ethereum (ETH) which claims its position
the list of the main digital currencies. Ethereum (ETH) has lost its position as
second largest digital currency by market capitalization
to XRP (XRP). XRP (XRP) has been in second position for over a month.

However, Ethereum (ETH) was
growing gradually in the last week. In the last twenty-four hours, the
the value of Ethereum (ETH) increased significantly and this led to a sharp increase in digital market capitalization
currency.

Ethereum Price (ETH) today – ETH / USD

At the time of writing, Ethereum
(ETH) is trading at $ 151 after an increase of over 8% compared to the past
twenty-four hours. The market capitalization of the digital currency is now $ 15.14 billion
and its trading volume in the last twenty-four hours is $ 2.2 billion.

XRP (XRP) is currently changing
hands at $ 3738 after an increase of about two percent in the last twenty-four
hours. The current market capitalization of XRP is $ 14.65 billion, which now exceeds $ 500
less than that of Ethereum (ETH).

Most of the trading
the volumes of Ethereum in the last twenty-four hours come from OKEx and OEX – two popular digital currency exchanges
platforms. The trade volume of 24 hours of Ethereum on OEX is $ 164.911 million while
3.2% of the volume of the aether exchanges is
accounted for by OKEx. The volume of 24-hour XRP (XRP) exchanges is much lower
compared to that of ETH.

[ad_2]
Source link