News that Tether and Bitfinex had reached a settlement with the New York Attorney General in a legal battle which had begun in 2019, ending crypto’s “most significant existential threat,” served to change market sentiment in an instant.
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Altcoins seize the spotlight: BTC takes a tumble, ETH slides
Starved of attention from its biggest backer in recent days, Dogecoin enjoyed a surge on Wednesday when Elon Musk declared he had bought DOGE for his son. But Cardano ruled the day
As bitcoin nursed a 3.5% loss and struggled to stay above $45,000, with Ether flat at $1,735, the real gains were to be seen in altcoins with a smaller market cap. Most notably, it was an impressive day for Cardano
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Ether cools slightly after reaching an all-time high
In a single day, ETH surged by 15%—taking it to $1,440 on some exchanges. Unfortunately, high transaction fees remain a stubborn problem
Despite ether handily outperforming bitcoin over the course of 2020, there was one thing that the world’s second-largest cryptocurrency was unable to achieve: a new all-time high. All of that changed on Jan. 19, when ETH finally broke the record of $1,432.88—a milestone that had been set three years ago this month.
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Mark Cuban: BTC and ETH are like Amazon and EBay
The billionaire darling of the dot-com era sees a shakeout coming to crypto just as it did to high-flying internet stocks 20 years ago, with few surviving
Dot-com billionaire Mark Cuban said that while a few cryptocurrencies like bitcoin and ether will survive and thrive to become the new Amazons and EBays, most digital assets will burst with a crypto bubble.
