Following the Ethereum ETF launch, the average 5% market depth for ETH pairs on US-based centralized exchanges has dropped by 20% and currently stands at around $14 million.
Nick Forster, founder of Derive, outlines three crucial factors for Ether to break its all-time high: Trump’s victory in the 2024 U.S. election, aggressive Federal Reserve rate cuts, and a rise in global liquidity.
WazirX recently reopened partial withdrawal of INR accounts as it sought legal assistance in Singapore to facilitate proper restructuring.
About Ethereum
Ethereum is a decentralized platform that runs smart contracts – applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. Due to its basic computational capability, Ethereum can perform computations as part of the mining process as well as turn a store of value and medium of exchange into a decentralized worldwide computing engine and openly verifiable data store.
Notably, in addition to tracking ownership of digital currency, Ethereum also focuses on running the programming code of a range of decentralized applications (dApps). It also allows developers to raise funds for their own applications.
One of the key features of Ethereum is gas – a unit that measures the amount of computational effort required to execute specific operations on the Ethereum network. This determines the costs of transactions that depend on bandwidth usage, storage requirements, and complexity.
Ether is a necessary element for operating the Ethereum platform. It is a form of payment made by the clients of the platform to the machines executing the requested operations. To put it another way, Ether is the incentive ensuring that developers write quality applications (wasteful code costs more) and that the network remains healthy (people are compensated for their contributed resources).
Ethereum describes itself as “the world’s programmable blockchain.” Launched back in 2015 by Vitalik Buterin and Joe Lubin, it has become the second cryptocurrency in terms of popularity and market cap, surpassed only by Bitcoin.
Do-It-Yourself (DIY) investing is a way to invest your money without the help of a financial advisor. The idea behind it is that you can do it all on your own, but there are some pitfalls that you need to be aware of before you start. This guide will discuss the basics of DIY investing and how it impacts your portfolio going forward.
To help you make informed assessments of government policies and their impact on the economy, we have come up with this detailed and comprehensive guide that explains all about soft and hard landings – the essential phenomena of a business cycle.
Today's live Ethereum price is $2 261 USD, with a 24-hour trading volume of $8 959 108 145 USD. We provide real-time updates for the ETH to USD price. Ethereum has decreased by 1% in the last 24 hours. Currently ranked 2 in the cryptocurrency market, Ethereum has a live market cap of $271 742 490 819 USD, with a circulating supply of
120 321 429ETH coins and the maximum supply not available.
