Ethereum, Litecoin and Yearn.Finance – American Wrap: 11/23/2020

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The price of Ethereum exceeds $ 600 in anticipation of the launch of ETH 2.0 in December

Ethereum is trading at $ 601 after finally breaking the psychological barrier at $ 600 for the first time in two years. At the time of writing, approximately 305,920 ETH has been staked into the Eth2 deposit agreement, representing 58% of what is needed to launch the contract.

Institutional investors are paying $ 2,750 for Litecoin as the price premium widens

Grayscale is known for its massive Bitcoin investments, but the trust fund has also bought Ethereum, Litecoin and other digital currencies in the past. Institutional investors are currently paying a lot more for LTCN stock than Litecoin’s real value, which is around $ 86.

The price of Yearn.Finance is poised for a 12.5% ​​short-term breakout

YFI was one of the best in the market over the past week, peaking at $ 29,890 on November 20th. The digital asset is currently trading at $ 25,168 and appears to be on the verge of a breakout or failure.

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