So much so that the asset nearly tested the $500 resistance today.
COVID-19: FDA Approves First Rapid At-Home Test
The test is authorized for at-home use in patients over 14 who are suspected of having COVID-19 by their health care provider. According to Lucira Health, the tests have a sensitivity of about 94.1 percent and a specificity of 98 percent.
The Dubai-based investment firm IBC Group has now teamed up with CanETH, the decentralized staking service from Canada, to support the launch of Eth 2.0 with $10 million.
The original and biggest cryptocurrency was last up 3% at $18,175, its highest since December 2017. However, as Crypto News Flash has already reported, there could be a delay, as only 102,816 ETH have been deposited so far.
Shakib Al Hasan Gets Armed Bodyguard After Threats Over Attending Hindu Ceremony
The 28-year-old Mohsin Talukdar, the person who threatened Shakib, was arrested by Bangladeshi's Rapid Action Battalion on Tuesday.
We are very excited by the "Proof of Stake" concept proposed for the Ethereum 2.0 smart contracts and are locking up 20,000 eth which is a one way trip till phase 2. The launch can happen only with 13,214 more depositors come in with their respective stakes. Amid this emergency to attain the staking target, a Dubai based conglomerate has pledged to support Ethereum 2.0's launch with a generous investment. Rough napkin mathematics works out a staking figure of nearly 20,000 ETH (considering the current ETH spot rates). This lockup shows our confidence in ETH2 and dedication to the beacon chain. These exorbitant energy costs are eventually paid using fiat currencies, which creates downward pressure on the value of the cryptocurrency.
Canadian crypto miner Dwain Pereira of CanETH Pool cited rising energy consumption with proof-of-work protocols and better incentives for investors with proof-of-stake as primary reasons for choosing Ethereum.
Tesla To Join The S&P 500 on Cheddar
The energy sector climbed 2.4% as USA crude recently rose 0.82% to $41.77 per barrel and Brent was at $44.27, up 1.19% on the day. Pharmacy stocks were among the biggest decliners after e-commerce Amazon opened an online operation to compete with them.