Ether, the second-largest cryptocurrency by market value, rose nearly 2% to $2,920, having jumped 13% last week, the biggest gain in six weeks. Traders talking to CryptoX said Ethereum’s impending proof-of-work and proof-of-stake mechanism would have bullish implications for the programmable blockchain’s native token, ether.
CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out
