Ethereum is trapped in the range as $500 handle attracts sellers. Google’s founder confessed hat he mined Ethereum. Ethereum, the seconds largest coin by market value, is changing hands at $461 after peaking at $495 on Sunday. The currency has lost 3.%% on a daily basis. Currently, Ethereum’s market value is $46.9B with average daily trading volume registered at $1.5B. Short-term volatility is growing amid higher trading volumes. Speaking at blockchain conference in Morocco, Sergey Brin, co-founder of Google, confessed that he had been mining Ethereum He said that he got interested in blockchain when his son asked him for gaming PC. “A year or two ago, my son insisted that we needed to get a gaming PC. I told him, ‘Okay if we get a gaming PC, we have to mine cryptocurrency. So we set up an ethereum miner on there, and we’ve made a few pennies, a few dollars since,” he said. Being the president of Google’s parent company, Alphabet, Brin explained that the company is moving slowly towards the adoption of the new technology. ETH/USD has lost 2.8% since the start of the day, so $500 handle remains out of reach for now. The price stays above the long-term sloping trend line (currently at $420), which is a good signal. However, further upside is capped by 200-SMA at $491 (4-hour chart), and by $500. ETH/USD, 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Asian stocks on the rise, Japan’s Nikkei 225 lifting for third straight day FX Street 4 years Ethereum is trapped in the range as $500 handle attracts sellers. Google's founder confessed hat he mined Ethereum. Ethereum, the seconds largest coin by market value, is changing hands at $461 after peaking at $495 on Sunday. The currency has lost 3.%% on a daily basis. Currently, Ethereum's market value is $46.9B with average daily trading volume registered at $1.5B. Short-term volatility is growing amid higher trading volumes. Speaking at blockchain conference in Morocco, Sergey Brin, co-founder of Google, confessed that he had been mining Ethereum He said that he got interested in blockchain when his son asked him for… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.