Ethereum [ETH]’s blues washed away; grows by 2%

The cryptocurrency market saw a relatively bullish run on 4th October with most of the coins seeing green after two days of the bear’s reign. Popular cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and XRP saw rises that put a lot of users and enthusiasts at rest.

CryptoBwoy, a cryptocurrency enthusiast stated that:

“Finally! I was just waiting for the drop to end. Atleast now people will see some sense and inest in Ethereum.”

At the time of writing, Ethereum [ETH] was rising at the rate of 2.00% with a total market cap of $22.888 billion. The cryptocurrency was trading at $224.06 with a 24-hour market volume of $1.585 billion. A majority of Ethereum’s trade volume was held by LBank with trade amounting to $80.205 million. LBank’s hold was closely followed by HitBTC’s $73.811 million.

Ethereum was also in the news recently when the Enterprise Ethereum Alliance [EEA] announced its partnership with Hyperledger, a collaboration that is aimed to advance cross-border blockchain technologies. Ron Resnick, the Executive Director of EEA stated:

“Collaborating through mutual associate membership provides more opportunities for both organizations to work more closely together. In addition, Hyperledger developers who join the EEA can participate in EEA Certification to ensure solution compliance for projects related to the Enterprise Ethereum Client Specification.”

Ethereum has also been focusing on increasing the use case roster which was made evident with the launch of Opera Labs, a desktop browser with an integrated cryptocurrency wallet feature.

Charles Hammel, the Product Lead if Opera Crypto had earlier stated:

“Having a Crypto Wallet in the browser brings the cash experience to the world of online payments. Paying with the Crypto Wallet is like sending digital cash straight from your phone, and we’ve just made it easier. This opens up new possibilities for merchants and content creators alike.”


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