Finance News
By Steven Anderson
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Ethereum (ETH) Bulls are in Control
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In a recent, Blockstars episode, David Schwartz recently recollected on why Ripple decided not to build smart contracts into the XRP Ledger.
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Obviously, Ethereum built smart contracts. Ripple according to David Schwartz were right about the fact that adding smart contracts makes a platform worse for payments.
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For whatever reason, the Ethereum are happy about the price rally happening currently.
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Ethereum have celebrated their 5th anniversary recently. They are happy about that they are supporting 30 languages.
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Ethereum retweeted: “500+ applications from 68 countries. A new record! Thank you to the blockchain startups who applied for funding and mentorship from @UNICEFinnovate.
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Sydney Ifergan, the crypto tweeted: “Ethereum (ETH) is positive and moving in the uptrend. Good for those who were waiting for this rally to happen.
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The Ethereum price was at 363.18 United States Dollar 1 Aug, 4:45 pm UTC and this means that the bulls are still under control. The hourly charts are in favor of the buyers.
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The numbers of whales holding the ETH has increased substantially during the pandemic, particularly during July. There seems to be no reason for an all-time high to happen.
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Expectations continue to mount around Ethereum 2.0 and it is set to be the biggest upgrades so far in the history of cryptocurrencies.
The Currency Analytics
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