Ethereum surges past 3000$ to register yet another all-time high

Ethereum, the world’s largest altcoin, was valued at just under $750 when the year began. With Bitcoin breaching its 2017 high in December, many in the Ethereum community expected ETH to do the same in time as well. And so it happened, with the alt going past its previous ATH on the charts a few weeks later. However, contrary to many expectations, the crypto-market didn’t exhaust all its bullish momentum, with both BTC and ETH surging to climb to newer highs.

U.S. House of Representatives to Create Crypto Task Force Joining SEC and CFTC Members

The US House of Representatives passed a bill dubbed “Eliminate Barrier to Innovation Act of 2021” (H.R. 1602). The bill aims to create an entity predominantly made up of employees from two regulatory bodies, the US Securities and Exchange Commission (SEC) and the Commodities and Futures Trading Commission (CFTC), with the goal of overseeing cryptocurrencies together.

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