Ethereum forecast what to expect from the market
Ethereum - all news about new cryptocurrency
Appearing only 3 years ago, Ethereum quickly gained popularity among the financiers.
News about cryptocurrency, which not only serves as transactional tool but also brings practical value and implements fundamentally new algorithms, were instantly spread on the Internet.
Ethereum has started to work like fully cryptocurrency in 2015 when last coins were sold. The total amount of initial capitalization is 15 million dollars, now the market capitalization of the project is estimated at $1.5 billion. What are the reasons for such popularity? There are several:
- Ethereum can be used for practical purposes for binding "smart transactions", ie, coins have value in themselves;
- possibility of mono-mining without buying expensive hardware;
- practicality and versatility of source code;
- safety and more secure encryption;
- cheapness ;
- extensibility and scalability;
- transparency and freedom in capital management.
All these advantages have led to the fact that the course of ethereum rose from $0.2 to $14.8 (peak value).
The latest news about Ethereum
From time to time on the Internet there is news about cryptocurrencies, including Ethereum. Thus, among the recent news:
- Sberbank has implemented blockchain technology based on Ethereum for automatic "closing deals";
- The Bank of Canada is testing the possibility of "smart transactions";
- in the State Duma of Russia was held a conference on cryptocurrency.
Reports about break-ins Ethereum by hackers which are periodically appeared were not confirmed.
Positive news has a good effect on ethereum rate, and it starts to grow.
Professional traders know how to use positive and negative news for profit due to exchange rate differences. We offer you asset management services. We are watching the situation and keep our finger on the pulse of events, that's why we are profitably trading and making money on the news.