Ethereum has updated its all-time high

The price of Ethereum, the second largest cryptocurrency by capitalization, reached $ 2,146, thus it updated its

historical maximum. At the time of writing the news, its price was $ 2039.

As noted by Bloomberg, the growth of interestEthereum was influenced by the announcement of billionaire Mark Cuban. He stated that his crypto portfolio is 30% Ethereum tokens and 60% Bitcoin. He noted that he started buying Ethereum four years ago and regrets not having done so sooner.

Visa will start using cryptocurrency for transactions

At the end of March, the Visa payment system for the first timeconducted a transaction on the Ethereum blockchain. The company transferred the USDC stablecoin pegged to the US dollar. The giant also announced the release of its own system (API) for the purchase of cryptocurrencies, which will be integrated by banks. However, they did not say if they will be using Ethereum on a permanent basis.

In addition, the price increase may be due to thethat PayPal now allows users to instantly convert their Bitcoin, Litecoin to USD with no additional transaction fees. If the merchant does not accept US dollars, PayPal will also convert those dollars to local currency at the standard rate set by PayPal.

See also:

- Created the first accurate map of the world. What's wrong with everyone else?

- The algorithm has discovered a new mysterious layer inside the Earth

- Uranus has received the status of the strangest planet in the solar system. Why?