Bitcoin and Ethereum rise on news from Coinbase
Bitcoin Gains $ 3,000 After Announcement That Coinbase Will Allow Cryptocurrencies To Be Purchased Through Apple Pay
Aug 6, 2021
1 min read
Anna BakkerNews analyzer

Ethereum surpassed 2-month highs by $ 2,800 following the news of a successful London hard fork.


American cryptocurrency exchange Coinbase is expanding the payment options for its users and now Coinbase customers can fund their accounts directly through Apple Pay.

For users who have a Visa or Mastercard linked to Apple Wallet, Apple Pay will automatically appear as a payment method when purchasing cryptocurrency through Coinbase on an Apple Pay-enabled iOS device or in the Safari web browser.

In a few months, such an opportunity will appear for Google Pay.

The planned London update on the Ethereum network took place on Thursday, August 5 at block 12,965,000. After its activation, the network burns an average of 4.2 ETH (over $ 10,500) every minute.

Ethereum will become a "next generation economy" and will be orders of magnitude more than a "narrow monetary system", said the head of ConsenSys and co-founder of the second largest cryptocurrency by capitalization Joseph Lubin.

According to him, the Ethereum ecosystem, which he compared to the Internet, is already superior to Bitcoin in many ways. Lubin noted that the London hard fork is an important milestone in the transition to ETH 2.0. He confirmed the words of Vitalik Buterin that the second version of the network will be 1000 times more environmentally friendly than the current one.

forex expert advisors

Get instant execution without dealing with dealing with the best companies in our broker rankings.

Last article
Read other articles
Peter Janssen Market expert
Guide for installing trading robots in MT4, as well as indicators, templates and other components for trading in Metatrader
Jul 27, 2021
2 min read
Anna Bakker News analyzer
Bitcoin Expanded Its Fall In Early Tuesday, Falling Below Last Week's Lows Of Around $ 62K
Nov 16, 2021
1 min read
Anna Bakker News analyzer
Rivian's IPO last week was the largest in the US since Facebook debuted in 2012
Nov 15, 2021
1 min read
Forex Expert Advisors for your Profits
Forex trading robots based on AI. Innovative trading technologies for a stable growth of your profits