Ether

Ether price hits new highs above $2,560, market cap nearing $300 billion

Ether price hits new highs above $2,560, market cap nearing $300 billion

Ethereum’s price has hit new all-time-highs over $2,560 on Coinbase Pro. The price of the second-largest cryptocurrency by market capitalization jumped above the $2,500 level for the first time around 10:30 UTC on Thursday. The price growth continued to above $2,560 and is changing hands around $2,540 as of press time, which represents a 13% …

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Swiss canton Zug now accepts bitcoin and ether for tax payments

Swiss canton Zug now accepts bitcoin and ether for tax payments

The canton of Zug, one of the Swiss Confederation member states, has begun accepting bitcoin (BTC) and ether (ETH) for tax payments after initially announcing support last September. Kanton Zug has partnered with Bitcoin Suisse for the initiative, meaning the Swiss crypto firm will convert residents’ BTC and ETH tax payments into Swiss Francs for …

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Market Wrap: The 'Elon Effect' Blasts Bitcoin to $44.8K While Ether Moons

Market Wrap: The ‘Elon Effect’ Blasts Bitcoin to $44.8K While Ether Moons

Bitcoin’s price is getting closer to Mars thanks to Elon Musk while ether moons to a new record. Investors are pulling BTC out of DeFi, likely to diversify their profits. Bitcoin (BTC) trading around $44,023 as of 21:00 UTC (4 p.m. ET). Climbing 14.5% over the previous 24 hours. Bitcoin’s 24-hour range: $38,051-$44,801 (CoinDesk 20) …

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Rare Hashmasks Digital Artwork Sells for $650K in Ether

Rare Hashmasks Digital Artwork Sells for $650K in Ether

A demonic digital artwork on the Ethereum blockchain has been sold for a small fortune via peer-to-peer marketplace OpenSea. Selling for 420 ETH (roughly $650,000 at the time of purchase on Wednesday), the collectible non-fungible token (NFT)-based artwork is known as a Hashmask. The buyer, @seedphrase on Twitter, posted: The Hashmask platform, from Switzerland-based Suum …

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Early CryptoPunk Digital Collectible Sells for $762K in Ether

Early CryptoPunk Digital Collectible Sells for $762K in Ether

Some rudimentary pixel art just sold for 605 ETH, or $761,889 at purchase. FlamingoDAO, a decentralized autonomous organization (DAO) for investing in digital collectibles, is behind Saturday’s eye-popping CryptoPunk sale. Only nine such “Aliens” exist in the CryptoPunk universe, which pioneered non-fungible tokens (NFTs) in 2017 and are the “Holy Grail” for an emerging class …

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Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

Bitcoin’s plunge to as low as $30,305 was intensified from leveraged long derivative liquidations; options traders are totally bearish on ether, the native asset of Ethereum. Bitcoin (BTC) trading around $33,277 as of 21:00 UTC (4 p.m. ET). Slipping 10.9% over the previous 24 hours. Bitcoin’s 24-hour range: $30,305-$38,947 (CoinDesk 20) BTC above the 10-hour …

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Billionaire hedge funder Alan Howard is backing a little-known fund that’s buying bitcoin and ether: report

Billionaire hedge funder Alan Howard is backing a little-known fund that’s buying bitcoin and ether: report

Alan Howard, billionaire hedger fund manager, is among the backers of a new institutional-focused investment firm that’s eyeing an as much as $1 billion allocation to bitcoin and ether by early next year. According to a Bloomberg report, One River Asset Management CEO Eric Peters set up a new company to capture institutional interest in the …

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$76M Ether Fund Makes 'World First' IPO on Canadian Stock Exchange

$76M Ether Fund Makes ‘World First’ IPO on Canadian Stock Exchange

An Ethereum-based fund has completed its initial public offering (IPO) on the Toronto Stock Exchange (TSX). According to a press release on Thursday, Canadian investment fund manager 3iQ announced the sale of more than 7.2 million Class A and F units totaling gross proceeds of around $76.5 million. The Ether Fund Class A Units, aimed …

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