Ethereum hyped on Coinbase Eth-Purchase rumors
Ethereum hyped on Coinbase Eth-Purchase rumors
July 13, 2016 5:47 PM (PST) by th1990
As I'm writing this, Ethereum buy orders have soared to 6200+ BTC and growing, up almost 5% than when I checked this morning. The news that Coinbase is finally going to allow Ethereum purchases this month has gotten any crypto trader excited, but even bigger, it was the news Ethereum has been dying for. Coinbase is an Exchange giant for the cryptocommunity, and the fact that it will eventually allow Ethereum purchases shows that the market for Ether is very much alive, and we're all pumped.
Despite everyone still a little rattled from The DAO attack and the pitchfork mob discussions about whether to create a soft fork or hard fork, I am betting this news can pull $ETH out of it's stale behavior. With Steemit blowing up, who knows what kind of influence it'll bring into the crypto community! Just yesterday I wrote a small piece about my excitement, and I hope you are, too!
it's only up 5%
My statement wasn't exactly clear, I intended it was up 10% of buy orders, but the overall value of Eth is up 5% in the last day, but I have made some adjustments to avoid confusion. Thanks for catching that!
i must say that its impressive the ground the eth has held on the markets currently after the DAO disaster. Community is strong but what happens after/if the fork happens remains to be seen . It is a positive that Coin base have considered including Eth that is for sure.