Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$27,802.00-0.31%
  • ethereumEthereum$1,902.680.21%
  • xrpXRP$0.504.27%
  • bitcoin cashBitcoin Cash$114.99-0.79%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Ethereum Surpasses $3,100, Now Bigger Than Bank Of America

John Wanguba by John Wanguba
May 3, 2021
in Analysis
Reading Time: 4min read
Ethereum Is Up 29% In July As 131 New Whales Arise
Rate this post

Ethereum’s ETH token has now eclipsed the psychologically significant $3,000 per token mark. At the time of writing, the second-biggest crypto is consolidating above $3,100 on all major exchanges including Coinbase, Bybit, Binance, and BitMEX.

Analysts say that more growth may be on the horizon for the biggest smart contract platform in the world. The latest surge enabled ETH to overtake institutions like Bank of America and The Walt Disney Company in terms of total market capitalization.

Notably, the world’s biggest smart contract-enabled layer-one has grown by 24% on the week to reach above $347 billion, according to the website Infinite Marketcap. By comparison, BTC is currently sitting at a $1.08 trillion market cap, just below the total market cap of the precious metal silver at $1.416 trillion and above social media giant Facebook at $923.12 billion.

This remarkable run has even prompted renewed speculation that Ethereum can ‘flippen’ bitcoin, overtaking BTC to become the biggest cryptocurrency in the world. Many headwinds share some responsibility for Ethereum’s surge. The first is the current surge in activity on the chain, which includes activities from institutional entities.

Earlier in the week, the European Investment Bank announced that it would be issuing a 2-year digital bond worth $121 million in collaboration with banking entities like Goldman Sachs. Retail interest in DeFi has also been surging as of late, with the total value locked numbers surging to staggering highs above $100 billion.

Nevertheless, the “London” hardfork including the EIP-1559 overhaul of Ethereum’s fee structure, and the subsequent looming Ethereum 2.0 transition to a proof-of-stake (PoS) consensus model, might be the prime events investors are anticipating.

The upgrades to the networks are expected to considerably decrease fees and reduce the amount of ETH rewarded to miners, which in turn is expected to reduce sell-side pressure on the asset.

A host for the Ethereum (ETH) educational media company Bankless, David Hoffman, has equated the different initiatives to the equivalent of three separate ‘halvings’, an event that takes place nearly every four years where the Bitcoin block subsidy is cut by half. Halvings are thought to contribute to BTC’s price appreciation.

#Ethereum's three halvenings are not priced in

— DavidHoffman.eth Ξ🦇🔊💰 (@TrustlessState) April 22, 2021

Nevertheless, ETH does have some competition in the form of the other smart contract-enabled layer-one chains. The rising popularity of ETH is partially to blame for exorbitant transaction fees on the chain though they have subsided somehow in recent weeks, and the absence of essential layer 2 scaling solutions like rollups means many competitor chains have seen a surge in on-chain activity.

Like what you're reading? Subscribe to our top stories
Tags: capitalizationcryptocryptocurrencyETHETH priceEthereummarket capitalization

Related Posts

Can Memecoins Make You Rich?
Analysis

Can Memecoins Make You Rich?

May 20, 2023
Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report
Crypto news

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report

February 3, 2023
Alameda Research Wallet Gets $13M From Bitfinex And Other Sources
Crypto news

Alameda Research Wallet Gets $13M From Bitfinex And Other Sources

February 3, 2023
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
situs judi online terpercaya