Ethereum Price: $222.53
Ethereum Price (BTC): 0.021912 BTC
Market Cap: $23.82B
ETH Network Dominance*: 75.68%
7 Day Candle**: $309.29 / $318.51 / $202.36 / $222.53
️ Nick’s Market Summary
For the last 18 months I’ve been quietly working behind the scenes to bring a new version of EthereumPrice.org to the people! The site is staying true to its roots (no ads with a simple UI) but the data has been scaled to include price indexes for hundreds of Ethereum tokens (and some important non-Ethereum tokens like BTC).
The new version is now in open beta so please head over to beta.ethereumprice.org to test the site and feedback on any bugs/issues/questions that you might find. The feedback will really help me improve the experience and provide more data to more people with a goal to go live at the beginning of next week.
This is just the first iteration in a shift to a more ecosystem-focused website (and not exclusively a ticker for ETH). Expect to see decentralized finance data and more in the coming months. Your ideas – as ever – are welcome and needed!
– Nick, Owner EthereumPrice.org
German Regulators Approve €250 Million Ethereum Token Sale
Berlin-based blockchain start-up Fundament announced on Tuesday last week that it had been granted approval by the country’s regulatory body for a €250 million Ethereum token sale. The sale, which has been referred to as a “security token offering” (STO), will see each token being backed by real estate bonds. The token will run on the public Ethereum blockchain using the ERC-20 standard and marketing will begin in August 2019.
The primary motive of the company to tokenize traditional assets was to create a globally accepted asset, without any reliance on the incumbent banking system. By working alongside both regulators and the Ethereum blockchain, Fundamental was able to do away with most restrictions.
“The reason we went through this tedious process with regulators was to get rid of any restrictions. Normally these projects are limited either by the minimum investment amount… or limited heavily on the amount of investors you could have.”
The approval of such a large token sale comes at a time when other nations are attempting to tighten their grip on the industry, with India taking a particularly hostile approach to public cryptocurrencies.
MetaMask Mobile Has Launched With Connext Network
Last Sunday, 23 July 2019, MetaMask tweeted that its “mobile app is now available for public beta! With MetaMask mobile, users can now manage their digital assets, use dapps, and send ETH or tokens to anyone, anywhere”
MetaMask is a popular Ethereum wallet and browser that has been available as a Chrome extension for a number of years. By expanding to mobile, the creators are able to offer a simple experience when interacting with Ethereum from a Android or iOS device. The app offers a dapp-centric browsing experience, intuitive on-boarding, and features that sync with desktop MetaMask accounts.
Once the app has been downloaded, users can sync their web wallet accounts using a QR code provided within the browser extension or a private key.
The apps features will support Ethereum Name Service domains, as well as cryptocurrency collectibles built on the ERC-721 token standard like CryptoKitties, biometric security and integration with Connext Network’s InstaPay, which lets users make free payments through layer-two payment channels.
To get started with MetaMask download the extension from the MetaMask website or find the app in the app store. Do not download the app from a 3rd party.
* calculated as: (ETH Market Cap / Ethereum Network Market Cap)
** open / high / low / close