Not exact matches
By the latter half April, the
price of
ether was still trending above $ 40,
leading some market observers to speculate that a floor was beginning to take shape.
Announced today, Republic Protocol has officially completed an initial coin offering (ICO) for its REN token, raising 35,000
ether (roughly $ 30.5 million at current
prices) from
lead investors Polychain Capital and FBG, as well as funds like Huobi Capital, Hyperchain Capital and Signal Ventures.
The recent surge in the
price of
Ether can be attributed to the progress the Ethereum open - source development community has
led in scaling the network.
The sudden increase in the
price of
Ether led to the decline of the dominance index of bitcoin, which measures the dominance of bitcoin over the global cryptocurrency market.