The crypto markets are having, what appears to be, a pretty mediocre day so far. While most coins are seeing green, like NEO, there are others that have moved into the red zone, such as Ethereum (ETH) and Bitcoin (BTC).
The upside of that, however, is that Bitcoin is still sitting above the $8,000 mark, despite the coin being down 0.36% in the past twenty-four hours. As for Ethereum (ETH), it’s unfortunate the coin has turned red, but the coin is still above the $500 mark, which is good news for the Ethereum platform.
So what’s going on in the crypto markets today? Specifically, what’s going on with Ethereum (ETH) and NEO? Let’s see what we can find out.
There is some exciting news circulating around this morning regarding ETH, which is why it is surprising to me that the coin turned red this morning.
Ethereum (ETH) is currently selling for $509.70. This puts the coin down 0.84% in the past twenty-four hours.
This week, the co-founder of Ethereum, Vitalik Buterin, voiced his thoughts regarding the security of crypto wallets. He stated that there needs to be far more moving forward.
Additionally, reports surfaced this week that NASA is looking at using the Ethereum (ETH) blockchain for a deep-space exploration project. More specifically, NASA is reportedly planning on using Ethereum blockchain technology to make improvements to its automate spacecraft navigation. NASA also plans on using Ethereum blockchain to make communication in space better.
It is for these reasons I would have suspected Ethereum (ETH) to be in green territory today.
NEO is currently selling for $68.89, which puts the coin up 1.46% in the past twenty-four hours. NEO is now ranked as the 8th largest digital currency, with a market cap of $4,477,772,000.
NEO is currently on the first leg of its European tour. On April 14, NEO was in Amsterdam, which is where the platform announced its partnership with Victor, a shopping platform that is 100% decentralized. Yesterday, NEO was in Lisbon, and today, NEO is making its way to Madrid, which is where it will be presenting on April 20.
Keep your eyes peeled for more announcements from NEO, as there are bound to be a lot more in the coming weeks.
The Ethereum (ETH) and NEO Takeaway
What do you think about the Ethereum (ETH) and NEO results? I was surprised to see Ethereum (ETH) in red territory, I won’t lie. First off, NASA is thinking about using the Ethereum blockchain. Second, the Ethereum (ETH) coin was actually seeing green this morning, before turning at around 8:30 a.m. PDT.
So what happened? What is the marketplace thinking? Voice your thoughts below.
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