 Ethereum hits fresh highs, dominance increases  The world's second-leading crypto asset in terms of market valuation, ethereum, has seen significant price gains in the past week. It has also achieved a market dominance of over 20%.
Enjoying a dipping price correlation with BTC, market developments could signal ethereum's growing independence from bitcoin prices.
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In the news Are NFT sales susceptible to shill bidding? Skeptics think it's possible In 2021, there's no doubt that non-fungible token (NFT) collectibles have been extremely popular and that NFTs have made billions in sales over the last year.
However, there are plenty of NFT skeptics who wonder why JPEGs are selling for millions in ether, and some have suspected auctions and sales could be bolstered by shill bidding or rigging. Bitconnect top promoter pleads guilty The $2 billion crypto fraud scheme Bitconnect and its founder have been charged in the U.S. and in a parallel enforcement action, a Bitconnect director and top promoter has pleaded guilty to criminal charges.
"The Bitconnect scheme is believed to be the largest cryptocurrency fraud ever charged criminally," said the U.S. Department of Justice. Cardano's Hoskinson: crypto to 'play larger role' in Afghanistan The Cardano founder believes that there will be ongoing civil war in the country and "already the remnants of the northern alliance have been formed, and they're going to need resources."
He noted that "Unlike the last time, in the '90s when this happened, now cryptocurrencies are there."
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ETH market dominance passes 20 percent, prices soar
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