{"id":7239,"date":"2021-05-03T12:05:15","date_gmt":"2021-05-03T12:05:15","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=7239"},"modified":"2021-05-03T12:10:15","modified_gmt":"2021-05-03T12:10:15","slug":"the-ethereum-cryptocurrency","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/the-ethereum-cryptocurrency\/","title":{"rendered":"The Ethereum cryptocurrency has broken through the $3,000 barrier, setting a new high"},"content":{"rendered":"\n<p>On Monday, The<a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ethereum?market=eth-inr\" class=\"rank-math-link\"> Ethereum <\/a>cryptocurrency  (ETH) hit a record high of $3,017 (roughly Rs. 2.2 lakhs), extending a week-long rally fueled by reports that the European Investment Bank (EIB) may launch a digital bond sale on the Ethereum blockchain network.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ethereum?market=eth-inr\" class=\"rank-math-link\">Ethereum<\/a> cryptocurrency gained 2% on the Bitstamp exchange to reach the milestone early in Asia trade. It has risen more than 300 percent this year, outpacing the more popular Bitcoin&#8217;s 95 percent rise.<\/p>\n\n\n\n<p>Ether is the digital currency or token that facilitates transactions on the <a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ethereum?market=eth-inr\" class=\"rank-math-link\">Ethereum<\/a> blockchain, and it is the second-largest cryptocurrency in terms of market capitalization after Bitcoin.<\/p>\n\n\n\n<p>Bloomberg reported on Tuesday, citing unnamed sources, that the EIB intends to issue a two-year digital bond worth 100 million euros.<\/p>\n\n\n\n<p>On Monday, Bitcoin was trading around $58,000 (roughly Rs. 43 lakhs).<\/p>\n\n\n\n<p>In related news, <a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ethereum?market=eth-inr\" class=\"rank-math-link\">Ethereum<\/a> co-founder Vitalik Buterin recently donated 100 ETH and 100 MKR, totaling $606,110 (approximately Rs. 4.5 crores), to COVID-19 relief efforts in India.Ethereum, a 2014 open-source blockchain software, is used to build contracts on the blockchain and has recently received a lot of attention due to its use in the creation and transfer of non-fungible tokens (NFTs) \u2014 digital collectibles that can be uniquely identified and held by individuals.<\/p>\n\n\n\n<p>Source : <a href=\"https:\/\/gadgets.ndtv.com\/internet\/news\/ethereum-ether-cryptocurrency-price-value-usd-3000-rally-record-high-blockchain-digital-bond-eib-covid-19-india-2426871\" class=\"rank-math-link\">Gadegates<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.buyucoin.com\/crypto-labs\/crypto-investment\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"563\" src=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/BB1fRfAg-1-1024x563.png\" alt=\"Crypto Investment\" class=\"wp-image-7069\" srcset=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/BB1fRfAg-1-1024x563.png 1024w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/BB1fRfAg-1-300x165.png 300w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/BB1fRfAg-1-768x422.png 768w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/BB1fRfAg-1-150x82.png 150w, https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/04\/BB1fRfAg-1.png 1366w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, The Ethereum cryptocurrency (ETH) hit a record high of $3,017 (roughly Rs. 2.2 lakhs), extending a week-long rally fueled by reports that the European Investment Bank (EIB) may launch a digital bond sale on the Ethereum blockchain network. The Ethereum cryptocurrency gained 2% on the Bitstamp exchange to reach the milestone early in&hellip;<\/p>\n","protected":false},"author":11,"featured_media":7244,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1],"tags":[752,753,751],"class_list":["post-7239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-news","category-misc","tag-000-barrier","tag-setting-a-new-high","tag-the-ethereum-cryptocurrency-has-broken-through-the-3"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7239"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=7239"}],"version-history":[{"count":1,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7239\/revisions"}],"predecessor-version":[{"id":7241,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/7239\/revisions\/7241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/7244"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=7239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=7239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=7239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}