Going against Bitcoin is a tough pill to swallow for investors in one of the oldest altcoins.
During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million.
Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains.
Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin.
A token maker provides the necessary infrastructure and functionalities for individuals or organizations to design, issue and manage their own tokens.
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol.
The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires staff.
However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date.
Bitcoin bulls have failed to step in, increasing the chance for a retest of the $29,500 support.
Judge Analisa Torres has sent the remaining issues in the SEC v. Ripple case to Magistrate Judge Sarah Netburn.