{"id":107979,"date":"2021-01-10T19:29:27","date_gmt":"2021-01-10T19:29:27","guid":{"rendered":"https:\/\/precoinnews.com\/?p=107979"},"modified":"2021-01-10T19:29:27","modified_gmt":"2021-01-10T19:29:27","slug":"eth-less-than-9-from-all-time-high-gemini-ceo-says-when-in-doubt-ethereum","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/ethereum\/eth-less-than-9-from-all-time-high-gemini-ceo-says-when-in-doubt-ethereum\/","title":{"rendered":"$ETH Less Than 9% From All-Time High, Gemini  CEO Says &#8216;When in Doubt, Ethereum&#8217;"},"content":{"rendered":"<p><strong>According to\u00a0data by TradingView, around 08:00 UTC on Sunday (January 10), on Bitstamp, the Ether (ETH) price got as high as $1351.<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2021\/01\/TV-Chart-ETHUSD-on-Coinbase-One-Day-10-Jan-2021-1-1280x716.png\"><\/p>\n<p>According to data by CryptoCompare, this was the highest price ETH has been since 13 January 2018, when it reached its all-time high ($1422.86).<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2021\/01\/CC-Chart-ETHUSD-Three-Year-10-Jan-2021-1.png\"><\/p>\n<p>Currently (as of 17:00 UTC on January 10), ETH-USD is trading around $1300, up 6.22% in the past 24-hour period and up 76.4% since the start of 2021. The Ether price is at the moment less than 9% from its Jan 2018 all-time high ($1422).<\/p>\n<p>Last Friday (January 8), one Ethereum influencer summarized the things that need to happen for layer 2 solutions to become much more widely used:<\/p>\n<p>According to Etherscan, as of 17:10 UTC on January 10, the balance of the Eth2 Deposit Contract\u00a0address (i.e. 0x00000000219ab540356cBB839Cbe05303d7705Fa) is 2,352,418 Ether (worth around $3.02 billion with ETH at $1300). <\/p>\n<p>Rafael Schultze-Kraft, CTO at on-chain market intelligence startup\u00a0Glassnode, said yesterday that last year Ethereum \u201cflipped Bitcoin in network fees.\u201d<\/p>\n<p>And on the same day, Tyler Winklevoss, Co-Founder and CEO of crypto exchange Gemini, perhaps sensing that Ether\u2019s all-time high price could soon be broken, tweeted:<\/p>\n<p><em>Featured\u00a0Image\u00a0by\u00a0\u201celifxlite\u201d\u00a0via\u00a0Pixabay.com<\/em><\/p>\n<p><em>The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.<\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cryptoglobe.com\/latest\/2021\/01\/eth-less-than-9-from-all-time-high-gemini-ceo-says-when-in-doubt-ethereum\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to\u00a0data by TradingView, around 08:00 UTC<\/p>\n","protected":false},"author":3,"featured_media":107978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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