Bitcoin
BTC$42 638.72

-1.51%

Ethereum
ETH$3 256.70

-2.76%

Binance Coin
BNB$472.81

-5.35%

Tether
USDT$1.000273

-0.01%

Cardano
ADA$1.52

7.70%

USD Coin
USDC$0.999934

-0.01%

Ether price flirts with $2,400 ATH as irreversible hard fork looms


14 Apr 2021

#Ethereum

New all-time highs are being witnessed all over the cryptocurrency market, and Ether is no exception. Led by Bitcoin’s (BTC) ascent to a new all-time high, along with much of the wider cryptocurrency market, Ether (ETH) continues to push new all-time highs on Wednesday as the coin price flirted with the $2,400 range for the first time.

The Ethereum network is scheduled to undergo an update in the next day or so when the blockchain reaches block number 12,244,000. The blockchain was at block number 12,237,070 at time of publication. Based on current average block times of 14 seconds, the update is poised to land on April 15, at around 12:00 PM (UTC+1). The update — dubbed “Berlin” — will introduce several technical changes, all aimed at making the network more cost efficient.

The Ether coin price peaked at $2,397 on numerous exchanges on April 14, according to aggregator data from CoinMarketCap, following a 10.8% growth surge over 24 hours. Ether’s growth for the week stands at 22.4%, while the coin price is now up 110% for the quarter — a figure that would be more notable under less explosive circumstances in the altcoin market of late.

The Berlin update will be rolled out in the form of a hard fork — an irreversible change to the protocol of a blockchain. The hard fork is non-contentious, meaning no ideological differences in the community will lead to the formation of a new coin — as was the case with Ether and Ethereum Classic (ETC) in 2016.

Anyone holding Ether in wallets or on exchanges will be unaffected by the hard fork, however, miners and Ethereum node operators will have to update their software to synchronize with the latest version of the chain. Data from EtherNodes.org shows that 72% of Ethereum software clients have achieved Berlin-ready status in anticipation of the hard fork. Speculation surrounding Ether’s potential price movements in the short term has ranged from tremendously optimistic (and definitely “not crazy”), to conservative and measured.


Related

$33.5 billion worth of ETH ‘trapped’ in largest Ethereum contract
$33.5 billion worth of ETH ‘trapped’ in largest Ethereum contract
Eth2 devs call on to community to help test out the merge
Eth2 devs call on to community to help test out the merge
Stocks lurch pressured crypto on Friday
Stocks lurch pressured crypto on Friday
Traders expect Ethereum price to drop further ahead of Friday’s $550M options expiry
Traders expect Ethereum price to drop further ahead of Friday’s $550M options expiry
Cryptocurrencies in FinTech
Cryptocurrencies in FinTech
Traders watch for a trend reversal after Ethereum price drops to $4,100
Traders watch for a trend reversal after Ethereum price drops to $4,100
Bitcoin and Ether increasingly move in line with stock market laws
Bitcoin and Ether increasingly move in line with stock market laws
Rocket Pool Eth2 staking service launches, hits stage two cap in 45 seconds
Rocket Pool Eth2 staking service launches, hits stage two cap in 45 seconds
Ethereum Name Service’s new token already has a fully diluted cap of $3.1B
Ethereum Name Service’s new token already has a fully diluted cap of $3.1B

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 69.2% 55 $42 638.72 -1.51% 4.41% $807 243 389 030 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 68.8% 67 $3 256.70 -2.76% 7.85% $388 191 403 166 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 71.6% 55 $472.81 -5.35% 12.55% $78 864 524 384 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000273 -0.01% 0.02% $78 421 002 783 USDT 7 days price change
5 Cardano (ADA) ADA Cardano predictions 72.8% 51 $1.52 7.70% 35.16% $51 076 939 560 ADA 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $0.999934 -0.01% 0% $45 406 392 117 USDC 7 days price change
7 Solana (SOL) SOL Solana predictions 62% 78 $143.41 -5.39% 7.22% $45 053 299 330 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 73.2% 58 $0.763343 -2.02% 4.70% $36 383 303 359 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 72.4% 59 $81.65 -5.36% 18.96% $29 236 557 736 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 74.4% 53 $26.43 -5.41% 12.61% $26 102 662 712 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 73.6% 46 $0.169529 -4.73% 18.09% $22 491 504 380 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 66% 76 $88.98 -5.79% 5.60% $21 741 645 322 AVAX 7 days price change
13 Polygon (MATIC) MATIC Polygon predictions 74% 54 $2.32 -0.44% 16.00% $16 960 038 549 MATIC 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 72.8% 59 $0.000029 -4.37% 8.49% $16 022 900 829 SHIB 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 94.8% 1 $0.999468 -0.11% -0.14% $14 439 514 995 BUSD 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2022 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.