Ethereum upgrade boosts institutional interest, while Coinbase takes on the SEC
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City AM
City AM
By Darren Parkin Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) started the week with a jump from around $27,000 to a high near the $30,000 mark, which it failed to breach. The cryptocurrency has since corrected to now trade at around $28,000. Ethereum’s Ether, the second-largest digital currency by market capitalisation, moved in a similar way, jumping from around $1,800 to a high near $1,950, before enduring a correction. Ether is now trading at $1,830 per token. This past week started with a boost in institutional Ether staking interest, brought on…