Crypto News
Ethereum Rockets to a New Lifetime High After Nearly 4 Years, Market Cap Nears $600B
The price of ethereum ( ETH) climbed sharply on Friday, hitting a level not seen in nearly four years. This upward move pushed ETH’s market value to $591 billion after brushing against its all-time price peak. Ethereum prices rose on Friday, reaching the $4,890 threshold on Deribit. Bitcoin and several other cryptocurrencies had already securedSource link
Ethereum Surges to New All-Time High Amid Likely September Rate Cut
Ethereum (ETH) hit a record price of $4,885 on Coinbase on Friday after a speech by Federal Reserve Chair Jerome Powell suggesting interest rate cuts left traders relieved going into the weekend.The token rose nearly 15% over the past 24 hours as part of a broader rally in financial markets.Nevertheless, ether’s rally stood out among other tokens. Bitcoin was also up, but only by about 4%. The CoinDesk 20 Index, which tracks the broader crypto market, rose 9% over the same period.Powell on Friday gave hints that the Fed will indeed cut interest rates in September, as initially anticipated by traders. Hope, however, faded over the last few days, causing a significant reaction in global markets during Friday trading hours.Ether...
Ethereum Hits All-Time High Price After Nearly 4 Years
Ethereum set a new all-time high, breaking its previous 2021 record after Jerome Powell signaled the Fed would cut interest rates.Source link
Townstar Introduces Gems to Tackle Spoiled Soil Challenge
Gala Games' Townstar introduces Gems to clear Spoiled Soil, adding a new strategic layer to competitive farming maps starting August 26. (Read More)Source link
Public Keys: Ethereum Treasuries Soar, Bitcoin ETFs’ $1 Billion Bleed, Crypto IPO Chatter
Fed hints spark crypto rally as Bitcoin ETFs bleed $1B, but Ethereum bounces back. Plus, Figure Technologies is eyeing an IPO.Source link