The Ethereum price has surpassed $752 for the first time in history, recording a staggering 20 percent increase in value over the past 24 hours, led by the US market.

Throughout the past few days, the US market accounted for nearly 25 percent of global Ether trades. GDAX, the flagship cryptocurrency exchange of Coinbase, and Bitfinex processed 23 percent of the global Ethereum exchange market’s Ether trades.

Currently, the daily trading volume of Ether is close to $5 billion, more than four times larger than Bitcoin Cash, the third largest cryptocurrency in the global market behind bitcoin and Ethereum.

What is Pushing Ethereum Price Up?

Earlier this month, billionaire investor Mike Novogratz predicted the price of Ether to increase by three-fold throughout 2018. In terms of developer activity and transaction volume, Ethereum remains as the only public blockchain network which can compete against bitcoin.


In fact, as of current, the Ethereum blockchain network processes more transactions than all of the cryptocurrencies in the market including bitcoin combined at 820,000 transactions per day.

Decentralized applications such as CryptoKitties and EtherDelta have also demonstrated the potential of Ethereum as the base protocol for decentralized exchanges and digital asset trading platforms, which is an application that is useful beyond finance.

As A16Z partner and Earn.com CEO balaji Srinivasan stated, “Why is CryptoKitties actually important? It’s one of the first examples of what people have been talking about for years: frictionless international trading of digital assets (not just cash!) on a blockchain.”


Already, CryptoKitties has processed $15 million worth of digital kittens within the past two months and other dapps like EtherDelta have also been processing more than 80,000 transactions on a daily basis.

First time Launch of multiple cryptocurrency in AED/DIRHAM market

OPENING OFFER IN FEW DAYS!!!

Bitcoin To Aed/Btc earn upto 2.5% Btc/Aed per week

Withdraw earned btc from your btc wallet or  bank account 100% secure

Bitcoin Price Reaches $8,100, a New Record High


Bitcoin price has struck a new all-time high of $8,100 during Sunday’s trading, continuing its rally from the previous Sunday’s lows.

The world’s first cryptocurrency has hit a new record high of $8,100 (Bitfinex) as its resurgence from last week’s decline to $5,500, continues.
Sunday began with bitcoin trading at just under $7,800 and stuck under the ceiling for most of the day. At 17:15 (UTC), prices jumped above $7,900 in a 15-minute trading period. The swell turned to a spike which ended with bitcoin striking $8,100 at 18:15, a gain of over $300 in an hour.

At press time, bitcoin is trading to the dollar at $8,065.

Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, and reach above $134 billion.

Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, reach above $134 billion.

 

BTCBTCBTCBTCBTCBTCBTC

BTCWe announce  that our cryptoeworld has started its service on UAE as crypto-shex.net

    we provide cryptocurrency trading in LTC,BTC,XRP,ETH,EDR,CRY.Join us for a new cryptocurrency trading experience.BTC


   Click here crypto-shex to check the rate.

Always ready to help and answer any questions:
- in this official topic
- support@crypto-shex.net
- live chat
        
  We provide
- 24/7/365 security system
- using most prominent system for monitoring
-  simple and reliable trading

           Visit our crypto-shex.net website for more queries and use FAQ to know more about cryptocurrency.Register our site for trading in BTC and all.