Move over Bitcoin and Dogecoin gives 300 percent returns in 2021.

 Move over Bitcoin and Dogecoin gives 300 percent returns in 2021.

Welcome back to our informative blog site knowing steps 360. Bitcoin and Dogecoin have been the flag bearers for the cryptocurrency market for the better part of 2021 so far. However, there is a third that has silently rallied to a new record. Cryptocurrency Ether has hit a record high of $3,017 on Monday, extending last week's rally in the wake of a report that the European Investment Bank (EIB) could launch a digital bond sale on the ethereum blockchain network.

Interestingly, Ether has given more than 300 percent returns since the start of this year, outpacing the more popular Bitcoin. The latter has grown by 95 percent in the past four months. Ether rose 2% on the Bitstamp exchange to hit the milestone early in Asia trade. The rise comes after a report that claimed that EIB plans to issue a two-year 100-million euro digital bond.

ETH Crypto Co-Founder Gives contributed to India's COVID-19 relief.

Ehtereum co-founder Vitalik Buterin had recently contributed to India’s fight for COVID-19. He had posted a proof of transfer of 100 ETH and 100 MKR, worth around $606,110 (Rs 4.5 crores), for use in COVID-19 relief in India. 

The technology founder posted a pair of links to EtherScan, an independent platform for sharing blockchain data built for Ethereum. It showed a transaction of 100 MKR (Maker) and 100 ETH (Ether), that hold a combined market value of over $600,000, or over Rs. 4.5 crores.

2nd Biggest Crypto After Bitcoin

Ethereum, the open-source blockchain software founded in 2014 and is used to build contracts on the blockchain. It has been in the news a lot because of its use in the making and transferring of non-fungible tokens (NFTs) — digital collectibles that can be uniquely identified and held by individuals.

 Ethereum has a currency called Ether that is the second biggest cryptocurrency in the world after Bitcoin.

The launch of ether exchange-traded funds in Canada and surging demand for ether wallets to transact non-fungible tokens such as digital art have also pushed up the price.

DogeCoin ALso Gives Good returns in 2021

 Dogecoin has been the flag bearer for the cryptocurrency market for the better part of 2021 so far. However, there is a third that has silently rallied to a new record. Cryptocurrency Ether has hit a record high of $3,017 on Monday.

Doge, created as a joke in 2013, has been used in marketing gimmicks, the latest by the Oakland A’s baseball team, which offered two seats to games this week for 100 Dogecoin. The Gemini crypto exchange backed by Tyler and Cameron Winklevoss said it now supports Doge, and will soon enable trading of it.

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