RATE Group | ETH/USD settles above $100 as Ethereum-based startups receive generous donations from Vi…
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ETH/USD settles above $100 as Ethereum-based startups receive generous donations from Vi…

20 Dec ETH/USD settles above $100 as Ethereum-based startups receive generous donations from Vi…

Posted at 08:00h in Ethereum News by

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  • ETH/USD is retracing from the recent high, though $100 support is still unbroken.
  • Ethereum’s creator supported struggling projects with a generous donation.

ETH/USD retreated from recent high registered at $109.2; however, the coin managed to stay above $100.00, which is a positive signal for the bulls. Ethereum is changing hands at $102.00 at the time of writing, down 1.8% since this time on Wednesday, but up 1.7% since the beginning of the day. With a market capitalization of $10.6, Ethereum takes the third position cryptocurrency rating.

ETH/USD created a bottom at $82.18 (on December 7) and recovered 24% since this time. Moreover, a sustainable move above $100.00 handle has improved the short-term technical picture and opened u the way towards the next important hurdle at $142 (DMA50).

Vitalik Buterin donates $300,000 in ETH

Meanwhile, the creator of Ethereum Vitalik Buterin donated $300,000 in cryptocurrency to three Ethereum-based projects. Prysmatic Labs, ChainSafe Systems…

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