Ethereum Sets Record Highs, $40 Price and $3.6b Market Cap

[kreslik.news]

2017 has been a wonderful year so far for cryptocurrency investors but this week specifically might be remembered as the best of all time for altcoins. While Bitcoin was able to quickly shake off the bad press from the US SEC rejecting the Winklevoss twins’ ETF application, and stick to the $1200 level, competing blockchain tokens have seen their prices and overall values just explode upwards.

The smart contracts and decentralized apps platform Ethereum is now traded at around $40. This is an impressive price record for ETH, which completed a rise of about 40% over the last ... (read more)