Ethereum goes mainstream with Coinbase and Yahoo
You might say Ethereum has gone about as mainstream as you can get in crytpoland.
This week saw the well known Bitcoin exchange Coinbase add Ethereum to the currencies you can purchase instantly. This means no more fiat to BTC to ETH, those that wish to purchase Ethereum instantly can now do so.
Hell, you can even buy Ethereum with a credit card if you really want to.
Not only that, it was front page news at Yahoo finance:
Why Ethereum is the hottest new thing in digital currency
This means we are seeing a lot of fresh USD moving directly into ETH.
In response, the price of ETH has risen steadily, at this point trading at $14.37 USD after being at around $11 earlier in the week.
I am back into Ethereum, buying, after selling whilst the entire DAO hack and hard fork debate raged on.
It proved wise to move into BTC during those times, it held steady, much like gold, even during the entire Brexit fiasco, in fact it went higher, nice.
Anyway, I will be back with more from cryptoland and whatever else is interesting.
I have made $400 in the last day with my ETH trades.
Your move OKCoin!
P
It appears I am now getting my crypto news from Steemit! I have been waiting for Coinbase to adopt Ethereum. I have also been waiting for the hard fork to happen and I am glad to see the price moving up! : )
Now we need OKCoin, surely only a matter of time. :)