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‘Speculative excess’: ethereum finds new peak in sizzling crypto market – Yahoo Finance

With a market capitalisation of $376 billion, traders are taking the gains in ether much more seriously and say it is catching up to bitcoin’s rise and that …

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Some 15% of the American public owns some form of cryptocurrency and a large part of that group jumped on the bandwagon in the last two years. The digital currencies Bitcoin is the most famous, but there are scores of others offer users a distinct set of advantages, based on their blockchain technology. First, the crypto coins are secure as a digital technology, blockchain is notoriously difficult to break. Second, the coins have the chief attribute of any store of value: scarcity. There is a mathematical…

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