Call for a $3,000 Ethereum Emerges on Wall Street Exposure, Major Upgrade

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Ethereum extended its gains on Thursday, hinting at more profitability in the week that saw Coinbase, one of the world’s largest cryptocurrency firms, making its debut on the Nasdaq Stock Market. Traders also raised their bids on the second-largest cryptocurrency after ConsenSys, a software development firm focusing actively on the Ethereum blockchain, raised $65 million in funding from banking giants, including UBS and JPMorgan & Chase. More bullish tailwinds came from the euphoria surrounding Ethereum’s major network upgrade later this Thursday, a move that expects to taper prevailing gas fees issues on its blockchain. The triple-loaded bullish bias pushed the ETH/USD exchange to a record high on Thursday. The pair reached 2,486.50 on the Coinbase exchange ahead of the London opening bell. A minor sell-off ensued, and the price came correcting down towards $2,450. It was trading near the same level as of this press time. Ethereum climbs to its…

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