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Ethereum News and Price Overview: Ethereum May Have been Attacked By EOS. Wednesday, July 18

18 july 2018, 10:42 by Jofor Humani

Important Ethereum News

Crypto market Added $8 Billion As Ether And Bitcoin Cash Rise By 3 Percent

The cryptocurrency market managed to add $8 billion on Monday, only within 24 hours as two of the top coins, ether and bitcoin cash rose by more than 3 percent. This could act as the indicator for current crypto growths, as most of top cryptocurrencies were getting even up to +10% on Tuesday. The current Market Cap is equal to $296,957,812,401.

The ether was boosted by the recent surge in the value of 0x which Coinbase announced support for as a consequence of its imminent listing. The coin rose by 17 percent while Tezos made gains of 12 percent boosting the value of Ethereum.

Major League Baseball Makes Foray Into Blockchain With Ethereum

MLB is planning a launch of its own ethereum based digital games and collectibles similar to Cryptokitties. The MLB is partnering with the dApp developer, Lucid Sight according to reports by Yahoo Finance.

An mlbcryptobaseball tweet stated, “Welcome Baseball fans! Proud to be partnering with @MLB to bring True Digital Ownership to #baseball Stay tuned for more announcements! #MLBCrypto”

Kenny Gersh, Executive Vice President of Gaming and New Business Ventures at MLB, said that the game proved that MLB Crypto is intent at giving users high entertainment baseball with the help of blockchain technology.

Ethereum May Have been Attacked By EOS

There have been insinuations that EOS, the decentralized platform that was dubbed “Ethereum killer” may have been responsible for series of airdrops that were hurriedly scheduled. Some Reddit users were of the opinion that “Every day up until the launch of the EOS platform, which was June 6th, gas prices increased due to “Airdrop” tokens.
Thousands of random tokens, with no website, or bootstrapped template websites made in hours. Wasting hundreds of ethereum daily, hundreds of thousands of dollars to drop tokens.

This happened up until the launch of EOS, on the 6th, then immediately stopped. In one day, gas prices dropped back to normal.”

Ethereum Price

ETH/USD Price Chart, Wednesday July 18th:

Ethereum News and Price Overview: Ethereum May Have been Attacked By EOS. Wednesday, July 18

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