omdok
No Result
View All Result
Wednesday, February 8, 2023
  • Login
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Tech
  • Real Estate
Subscribe
omdok
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
omdok
No Result
View All Result
Home Tech Cryptocurrency

Ethereum stock will rise at share price usd nasdaq index news today

August 10, 2021
in Cryptocurrency
155 6
In Hong Kong, a man uses an Ethereum ATM.

In Hong Kong, a man uses an Ethereum ATM.

32
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
Ethereum is on a roll as the cryptocurrency industry makes strides toward a more sustainable future.

Ethereum’s price is surging after the digital currency’s network was upgraded to make it more environmentally friendly.

At the time of publication, one Ether (the Ethereum network’s native token) was worth $4,252.

A little more than a month ago, one Ether was worth 42 percent less at $2,434.

Following a "hard fork" in London, Ethereum is beginning to retrace its steps back to previous highs.
Following a “hard fork” in London, Ethereum is beginning to retrace its steps back to previous highs.

If you purchased $1,000 worth of Ether on July 20 – just over 21 days ago – you would have already recovered more than half of your investment by today.

The cryptocurrency reached its all-time high in early May, when it stabilized just one dollar shy of the $AUD 5000 mark.

Simon Peters, eToro’s market analyst and cryptocurrency expert, said Ethereum was making strides toward being “greener,” given that a major criticism leveled against Bitcoin is the amount of electricity required to mine coins.

“Ethereum’s London hard fork occurred on Thursday, with creator Vitalik Buterin hailing the event as a step toward making the cryptoasset more energy efficient,” Mr Peters stated.

Vitalik Buterin is the founder of Ethereum.
Vitalik Buterin is the founder of Ethereum.

“The hard fork is the most significant upgrade to the Ethereum network since 2015, with significant implications for the cost of blockchain fees – so-called ‘gas’ fees. “However, according to founder Buterin, it also has implications for ETH’s energy efficiency. Buterin told Bloomberg News in Singapore that EIP-1559 “could eliminate 99 percent of the network’s emissions.” Any step a cryptocurrency takes toward being more environmentally friendly is likely to increase its price.

Tags: BitcoinBusiness AnalysisEthereumMarket Stories

Market News

Philip Lowe, governor of RBA
Economy

RBA Interest Rate Decision Time Announcement Live, What Time Does The RBA Meet

by adminmi
February 7, 2023
0

The Reserve Bank of Australia (RBA) has sounded a warning that it will take any measures required to decrease inflation...

Read more
Tuesday afternoon was the official end of Brosa.

Australian sofa furniture company, Brosa Goes Bankrupt and Enters Liquidation

February 2, 2023
nuclear fusion energy breakthrough

USA Scientist Marv Adams explains, nuclear fusion energy breakthrough

December 14, 2022
bernard arnault

Worlds richest person bernard arnault business, yacht married news

December 14, 2022
Changpeng Zhao, the founder and CEO of Binance, was in a group chat on Signal with other important crypto leaders when the rival exchange FTX went down.

Changpeng Zhao of Binance says Sam Bankman-Fried of FTX orchestrating trades

December 9, 2022
Economy

RBA Interest Rate Decision Time Announcement Live, What Time Does The RBA Meet

February 7, 2023

Categories

  • Business
  • Cryptocurrency
  • Economy
  • Gadget
  • Markets
  • Politics
  • Real Estate
  • Startup
  • Tech
  • Uncategorized
  • World

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
omdok

About the latest trends in the business world in-depth features on a variety of topics. Focus on the intersection between business and pop culture and between business and politics.

omdok.com © 2021 all rights reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
  • World
  • Economy
  • Business
  • Markets
  • Tech
  • Real Estate

omdok.com © 2021 all rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version