RATE Group | ETH/USD settles above SMA200 daily
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ETH/USD settles above SMA200 daily

31 Jan ETH/USD settles above SMA200 daily

Posted at 13:20h in Ethereum News by

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  • The switch to Ethereum 2.0 won’t be detrimental to business solutions.
  • ETH/USD may extend the correction within the bullish trend.

Ethereum, the second-largest digital asset with the current market capitalization of $19.8 billion, hit $186.72 during early Asian hours and retreated to $180.32 by the time of writing. Despite the retreat, the coin has gained nearly 3% in recent 24 hours, moving in sync with the market.

Ethereum 2.0 won’t kill ETH-based enterprise solutions

Ethereum blockchain facilitates the development of enterprise solutions. The ecosystem often referred to as the “world’s computer” is often promoted as the best option available for enterprises. This view is shared by Beiko, Core Ethereum Developer. Speaking in a recent interview with BlockTV, he noted that the Ethereum community has the strongest and most talented developers and demonstrates the fastest growth of innovations.

“A lot of the new ideas and concepts are developed in Ethereum…

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