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January 4, 2018 03:20 pm GMT

Ethereum crosses historic $1,000 milestone

Ethereum, the third largest cryptocurrency by market cap, has crossed the price of $1,000 per one ETH for the first time. 

It's currently trading at $1,016 with a $98.3 billion market cap, according to CoinMarketCap

SEE ALSO: Ripple and Ethereum keep breaking records while Bitcoin takes a back seat

Often referred to as Bitcoin's little brother, Ethereum is actually a vastly different project than Bitcoin. While Bitcoin is primarily a payment platform and a currency, Ethereum is a platform for decentralized apps. This is what makes it extremely important in the world of cryptocurrencies — in 2017, there have been hundreds of projects that raised funds using the Ethereum platform, and many more are lined up.  Read more...

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