The crypto markets are having, what appears to be, a pretty mediocre day so far. While most coins are seeing green, like NEO, there are others that have moved into the red zone, such as Ethereum (available on Coinbase) (ETH) and Bitcoin (available on Coinbase) (BTC).
The upside of that, however, is that Bitcoin (available on Coinbase) is still sitting above the $8,000 mark, despite the coin being down 0.36% in the past twenty-four hours. As for Ethereum (available on Coinbase) (ETH), it’s unfortunate the coin has turned red, but the coin is still above the $500 mark, which is good news for the Ethereum (available on Coinbase) platform.
So what’s going on in the crypto markets today? Specifically, what’s going on with Ethereum (available on Coinbase) (ETH) and NEO? Let’s see what we can find out.
Ethereum (available on Coinbase) (ETH)
There is some exciting news circulating around this morning regarding ETH, which is why it is surprising to me that the coin turned red this morning.
Ethereum (available on Coinbase) (ETH) is currently selling for $509.70. This puts the coin down 0.84% in the past twenty-four hours.
Source: CoinMarketCap
This week, the co-founder of Ethereum (available on Coinbase), Vitalik Buterin, voiced his thoughts regarding the security of crypto wallets. He stated that there needs to be far more moving forward.
Additionally, reports surfaced this week that NASA is looking at using the Ethereum (available on Coinbase) (ETH) blockchain for a deep-space exploration project. More specifically, NASA is reportedly planning on using Ethereum (available on Coinbase) blockchain technology to make improvements to its automate spacecraft navigation. NASA also plans on using Ethereum (available on Coinbase) blockchain to make communication in space better.
It is for these reasons I would have suspected Ethereum (available on Coinbase) (ETH) to be in green territory today.
NEO is currently selling for $68.89, which puts the coin up 1.46% in the past twenty-four hours. NEO is now ranked as the 8th largest digital currency, with a market cap of $4,477,772,000.
Source: CoinMarketCap
NEO is currently on the first leg of its European tour. On April 14, NEO was in Amsterdam, which is where the platform announced its partnership with Victor, a shopping platform that is 100% decentralized. Yesterday, NEO was in Lisbon, and today, NEO is making its way to Madrid, which is where it will be presenting on April 20.
Keep your eyes peeled for more announcements from NEO, as there are bound to be a lot more in the coming weeks.
The Ethereum (available on Coinbase) (ETH) and NEO Takeaway
What do you think about the Ethereum (available on Coinbase) (ETH) and NEO results? I was surprised to see Ethereum (available on Coinbase) (ETH) in red territory, I won’t lie. First off, NASA is thinking about using the Ethereum (available on Coinbase) blockchain. Second, the Ethereum (available on Coinbase) (ETH) coin was actually seeing green this morning, before turning at around 8:30 a.m. PDT.
So what happened? What is the marketplace thinking? Voice your thoughts below.
Featured Image: Depositphotos/© Syda_Productions
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