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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Up 122% in a week: What is going on with Polkadot?
It’s called an ‘Ethereum killer’ that offers a tantalizing alternative for DeFi protocols, but there are other factors that have been driving this altcoin upward, as its market cap surpasses XRP
Polkadot has been described as an “Ethereum killer” because of how it offers an alternative to smart contracts. The platform enables developers to create their very own blockchains instead… paving the way for levels of interoperability that have been non-existent in this fragmented industry until now.
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Markets Report: Ether price within $200 of all-time highs as $2,600 target emerges
A jaw-dropping rally for the largest altcoin shows no sign of stopping as ETH sets the tone for an altcoin renaissance
Ether, the largest altcoin and native token of Ethereum, came within $200 of historical all-time highs on January 7, hitting $1,228 per coin. The number one cryptocurrency by market cap behind Bitcoin, Ether has gone from strength to strength in recent weeks, long after the release of the Ethereum 2.0 protocol upgrade. Year-to-date gains alone have topped 67%.
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Holding Bitcoin and Ether is a ‘safe investment strategy’ says Swissquote exec
The Swiss online bank’s head of digital assets also shared his insights on the future of central bank digital currencies
Chris Thomas, the head of digital assets at Swiss online bank Swissquote, said “When it comes to investing in crypto assets, I personally believe that a 'safe investment strategy' is to buy and hold a small portfolio of Ethereum and Bitcoin. These projects will almost certainly exist in a certain number of years, also, the supply and demand for these assets should contribute to a significant increase in their value.”
