Ethereum Surges Past $600 on UBS Announcement of Ethereum-based Initiative by contentjunkie

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ethereum · @contentjunkie ·
$9.94
Ethereum Surges Past $600 on UBS Announcement of Ethereum-based Initiative
<center>https://cointelegraph.com/images/725_aHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy82MTFmOWJlMDI2YjFlYjZmNDk0MWRiMDM0NGQxMjcwZS5qcGc=.jpg</center>

From Cointelegraph
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<blockquote>
Ethereum, the number two digital currency by market capitalization, topped $600 today to set a new all time high. According to CNBC, the surge comes as UBS announced they will head an Ethereum-based Blockchain initiative along with Barclay’s, Credit Suisse, KBC, Swiss stock exchange SIX and Thomson Reuters. The initiative is designed to help these companies comply with new European Union trade data standards that go into effect in 2018.

Ethereum’s rise comes amongst an overall good day for cryptocurrencies, as the total market cap now exceeds $492 bln. All of the top 22 digital currencies have experienced gains today, many of them by double-digit percentages. What’s more, as Bitcoin continues its gradual grind upwards, altcoins are not giving up their gains. This is causing total market cap to inch ever closer to the magical half a trillion dollar mark.
</blockquote>
Read more: https://cointelegraph.com/news/ethereum-surges-past-600-on-ubs-announcement-of-ethereum-based-initiative

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A lot of people I know hate on Ethereum but I've always liked it for some reason. I'm glad I picked some more up at $400 :)

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