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Ethereum Spikes 13% to $711, Highest Price since 2018″ Daily Crypto News 28/12/20202

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Price Change Today:

BTC is down 1.7% at $27050.38,

ETH is up 9.2% at $712.25,

and, XRP is down 5.03% at $0.283.

Top Gainers in 24 Hours are:

REN is Up 10.33%,

BAL is Up 9.23%,

and, LINK is Up 8.69%

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Top Daily Crypto News Headline 28/12/2020 are:

  1. Ethereum Spikes 13% to $711, Highest Price since 2018

If I talk about ethereum price in these daily crypto news. The price of Ethereum, the second-largest cryptocurrency by market capitalization, has hit $711.Ethereum jumped from $633 at 1 pm UTC today to its current prices just a few hours later. The increase marks an increase of 13% in the past 24 hours. This is Ethereum’s highest price since May 2018.

  1. Proof-of-Stake Was Bigger Than Eth 2.0 in 2020

The biggest staking story of 2020 is, of course, the launch of Ethereum 2.0. But beyond that, the past year has seen a tremendous flowering of proof-of-stake (PoS) networks. Four of the top nine crypto assets by market cap are on a path to proof-of-stake.

  1. BlackRock Looking to Invest in Bitcoin and ETH

BlackRock, the world’s biggest investment manager with some $8 trillion in assets under management, is looking for a Blockchain Lead in their investments division in New York. In short, they’re looking for a crypto investment manager going by their description, suggesting the biggest investment company in the world is seemingly going bitcoin.

Also read:- Top 5 cryptocurrencies to watch this week: BTC, LTC, BCH, XMR, THETA

  1. IOTA Founder Takes to Medium to Clarify Relations

Sønstebø published a statement on Medium. In the post, he gave his side of the story and left public messages for the remaining IOTA Foundation board members. To the public, IOTA was moving in a positive direction at the end of 2020. 

  1. Can Chainlink’s recent integrations stop its traders from panicking?

In this daily crypto news, LINK’s price has been consolidating between $11.40 and $11.84 over the past couple of days and at press time, while LINK was trading at $11.34, the selling pressure was notably increasing too. According to data provider Santiment, Chainlink yesterday saw its largest exchange inflows spike for the year 2020.

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