Crypto News | Ethereum is beating the competition

We begin today’s news report with good news for ethereum holders. According to the latest information and price predictions, it seems like ethereum is beating the competition soundly. On Monday, ethereum once again became the second most valuable cryptocurrency. This situation also has to do with the price of ripple, which fell on Monday to $2.50. The price of ethereum rose to $1.555, which is an increase of 2.5%. Besides the prices, we also have to keep our eyes on the market capitalization. Ripple’s market capitalization went down to $98.5 billion, and ethereum’s value jumped to $111.9 billion. As for the bitcoin, it remained in the first place with the value of $255.1 billion.

Founders of ethereum think that their cryptocurrency will triple in value by the end of 2018. There are millions of dollars of investments that entering the ethereum system right now, and it’s becoming more and more popular all over the world, especially in one of the most important cryptocurrency markets – South Korea. Many investors think that ethereum is safer and more useful than other cryptocurrencies, so it may be the right option for investment. As we said, it certainly looks like ethereum is beating the competition, and that is something you should definitely keep in mind when investing.

In the last part of our news review, we bring you some information from the world of business. The situation doesn’t look too good for Samsung. They have some bad results in the last couple of months, and their shares fell almost 4 percent. Although they had a nice profit in October and December, it’s still below the investors’ expectations. The situation at Samsung also has to do with missing market forecasts and smartphone shipments. The last time when something similar happened to Samsung was in October 2016 and the withdrawal of Galaxy Note 7. We will see how this situation will develop, so join us again tomorrow for more interesting news.

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Author: Max Rothstein

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