Ethereum (ETH) topped the market as it hit a new permanent high of $ 1,763. ETH CME futures are scheduled to launch on February 9, so many analysts expect all higher-rated currencies to hit $ 2,000 before the meeting. anyone. more resistance.

Data from the Cointelegraph and TradingView markets show Ether is currently trading at $ 1,714, up 3.27% on the 24-hour chart, while Bitcoin (BTC) is up 0.21% to trade at $ 37,633. …

Gas taxes on the Ethereum network also hit a new permanent high this week with an average transaction value of $ 17.5 on February 3, prompting some exchanges to stop withdrawing ETH and ERC-20.

On February 4, Yearn Finance (YFI) was exploited, resulting in a hacker losing $ 11 million in DAI stablecoins from DAI revenues. The team reacted quickly, taking a few steps to reduce the damage from the attack.

This included a freeze of $ 1.7 million of stolen funds to be returned to the project and a proposal from the MakerDAO community to establish a Guaranteed Debt Center (CDP) to shut down affected users.

The positive news came from Protego, a Washington-based cryptocurrency, and announced that it has become the second original cryptocurrency company to receive a national license from the US Currency Monitoring Office.

Democrats Vote to Move Incentive Bill
Shares were higher on Friday as US lawmakers bypassed a major hurdle in rolling out the next stimulus package, which would allow people to get less than $ 50,000 a year on a $ 1,400 check.

Most major indices closed the day in positive territory: The S&P 500, Dow and NASDAQ closed the day with gains of 0.39%, 0.30% and 0.57%, respectively. Silver also rose 2.82% to close the day at $ 26.98.

Altcoins are growing
As bitcoin trades in the $ 36,000 to $ 38,000 range, altcoins are gaining momentum and coin prices rallied on Friday.

MakerDAO (MKR) added another 45%, hitting a fresh all-time high of $ 3,099 before adjusting to $ 2,810, while Infrastructure Protocol DeFi 0x (ZRX) rose 61% to $ 1.63.

Notable leaders of major cryptocurrencies were Cardano (ADA), which surged 26.44%, and Binance Coin (BNB), which hit a new high of $ 64.87.

The total market value of the cryptocurrency is now $ 1.17 trillion, and the Bitcoin dominance rate is 60.1%.

Source: CoinTelegraph

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