Markets > Trading

Ether hits $500 billion market cap for the first time as the cryptocurrency's rally pushes on

1 month ago   |   By Business Insider

The cryptocurrency ether runs on the Ethereum network.
Dado Ruvic/Reuters
Ether breached a $500 billion valuation for the first time Wednesday.
The milestone comes after ether hit $4,000 for the first time on May 10.
Bitcoin, which has a valuation of $1 trillion, broke the $500 billion threshold in December 2020.
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Ether breached a valuation of $500 billion for the first time on Wednesday as the rally for the second-largest cryptocurrency continues. Ethereum's digital token hit $4,357 at around 6 a.m. ET, according to...
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Ether hits $500 billion market cap for the first time as the cryptocurrency's rally pushes on

Ether hits $500 billion market cap for the first time as the cryptocurrency's rally pushes on

1 month ago   |   By Business Insider

Summary List Placement Ether breached a valuation of $500 billion for the first time on Wednesday as the rally for the second-largest cryptocurrency continues.
Ethereum's digital token hit $4,357 at around 6 a.m. ET, according to data from CoinMarketCap - a 53% jump in just 12 days since the beginning of the month.
The milestone comes after ether breached $4,000 for the first time on May 10 , recording its biggest one-day gain in two years.
Ether is trading higher by 7.8% to $4,272 as of 8:15 a.m. Wednesday.
"Ethereum's monumental success this year is another reminder that digital assets...
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Internet Computer is already one of the top 10 cryptocurrencies with a market cap of $45 billion - just two days after launching

Internet Computer is already one of the top 10 cryptocurrencies with a market cap of $45 billion - just two days after launching

1 month ago   |   By Business Insider

Summary List Placement Internet Computer, a cryptocurrency launched Monday by blockchain non-profit Dfinity, is already the eight-largest digital asset with a market capitalization of $45 billion, data from CoinMarketCap showed on Wednesday.
The project, developed by founder Dominic Williams, is a result of five years of research. The token's promoters claim it can provide the core basis of a new, decentralized internet.
The first day of trading saw its price swing wildly as it hit an intraday high of $700 before declining to around $250. It is currently trading around the $340-range.
"The...
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Internet Computer is already one of the top 10 cryptocurrencies with a market cap of $45 billion - just two days after launching

1 month ago   |   By Business Insider

Dominic Williams, founder of Dfinity's 'Internet Computer.'
Dfinity
Swiss nonprofit Dfinity's digital asset "Internet Computer" launched on Monday.
It is already among the 10 largest cryptocurrencies with a market cap of $45 billion.
The decentralized token seeks to break Big Tech's shackles on entrepreneurship.
See more stories on Insider's business page .
Internet Computer, a cryptocurrency launched Monday by blockchain non-profit Dfinity, is already the eight-largest digital asset with a market capitalization of $45 billion, data from CoinMarketCap showed on Wednesday. The project...
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