Crypto news today | 02-04-2021

Ether REACH $2,000

The world’s 2nd largest crypto crossed $2,000 earlier today. As of 8:10 a.m. ( Estimate ), Ethereum was $2,002, trading up 3.9%.

Ethereum’s all-time high, reached in February, is roughly $2,050.

Billionaire Mark Cuban likes Ether as do institutions, such as Grayscale – Coingape.

Some Scorchers catch Cold Shower

Take a look at the Top twenty coins today, there are some high-flyers whose wings have been clipped.

Filecoin-FIL has soared 120% over seven days, but it turns down 8% over 24 hours as of Friday at 8:30 a.m. (Estimate). FIL fell below US$200. At last check, it was US$199.

Theta, going up 200% in the past month and 2% in the past day, is in the midst of a bad week. It has declined 7% since last Friday.

Tron-TRX had a tremendous 1st quarter, rebounce 250%. At No. 19, TRX fits solidly, if not all that prominently, in the Top 20, with a market capitalization of US$6.5B, some US$600m more than No. 20, VeChain-VET.

TRX kicked off 2nd Quater by popping, at one point yesterday, 20%.

As of this morning, TRX had declined 1.5% over 24 hours.

Possible Ripple Contingency Scenarios Contemplated

An Apr 1st- timed joke composed the rounds in Asian crypto markets yesterday – but, lest anybody stay even slightly, momentarily fooled, the SEC definitely has not settled its case against Ripple.

But several worst-case scenario contingency planning is underway.

Speaking in association with CNN’s Julia Chatterley on her morning 1st Plod podcast yesterday, Ripple CEO Brad Garlinghouse was asked away whether, if Ripples loses the case, several makeups of replacement for XRP could potentially emerge in the U.S.

“That definitely could potentially be a fraction of the solution,” Garlinghouse said (AMBCrypto).

A Quarter’s Charge Of Major Crypto Impressiveness

Taking a fast glimpse at the quarterly performance of the CoinDesk 20, over there is, as destiny would preordain it, a bottom-dweller, and it was Bitcoin Cash. And even it was up 56% exceed the 1st 3 months of 2021.

The top performer was Cardano. ADA rose 560%. A climb enjoys that doesn’t come over here easily, nor does it just occur overnight, but over there was a twosome of bright upturns, that is the day, March 18, that ADA hit its all-time lofty of $1.48. For the, more importantly, part, though, quarterly gains came steadily, day by day.