Ethereum News Today
Ethereum is a public blockchain network that gave rise to the most popular altcoin; ether (ETH). The Ethereum platform was developed by Russian programmer Vitalik Buterin in July 2015 and it features smart contracts as well as an open-source nature that avails its users the choice of designing their programs without the interference of third parties or middlemen.
Ethereum’s Ether (ETH) was built on the ERC-20 protocol and it is ranked the 2nd digital currency based on market capitalization which currently stands at over 18.8 trillion USD. The coin serves as the network fees to miners on the Ethereum platform.
On its launch in 2015, there were 72 million ETH tokens pre-mined after its ICO raised over 16 million dollars in 2014. On 13th January 2018, ETH reached an all-time high of over 1,432 USD. Few months after its launch in 2015, ETH’s price dropped to its all-time low of 0.4209 USD on 21 October 2015.
Eth News
Interestingly, users can also create their custom tokens on the Ethereum blockchain network. This unique feature as seen the platform often referred to as the leading decentralized Apps (dApps) and smart contracts platform. Decentralized Apps are run and implemented precisely as programmed after it is set out on the Ethereum network; this makes it hard to censor and reduces their vulnerability to attacks. Ethereum emphases on running software design codes of dApps.
When it comes to decentralized finance in the dApps industry, Ethereum boasts of leading all other blockchain platforms in the number of applications developed. Ethereum has made significant attempts to solve the scalability issues in the crypto space in recent years and appears to be making progress in that regard.
Stay up to date with the latest ethereum news and information on Coinspeaker as we bring you breaking news on ethereum price, market capitalization, wallets, dApps, smart contacts, and its blockchain.
The net outflow from the US spot Ethereum ETFs on Monday was about $39 million amid slow network growth.
The combination of falling prices and reduced futures interest reflects a bearish sentiment in the market.
Bybit’s report highlights how macroeconomic factors, including the upcoming inauguration of “crypto president” Donald Trump, are influencing investor sentiment.
The confidence of HODLers in crypto remains the key driving force. Here’s how the Bitcoin, Ethereum, and XRP price trend will shape in 2025 based on the change in non-empty wallets.
As investors turn fearful in the falling crypto market, Ethereum nears a buy-the-dip level. With analysts targeting this pullback for a massive reversal potential, should you consider buying in a bleeding market?
The Ethereum Foundation has continued to make strategic developments and research by selling its Ether holding for stablecoins amounting to over $12M in the past year.
Vitalik Buterin converts unsolicited meme coin holdings into charitable donations, selling 28 different tokens for nearly $1M USDC. The move aligns with his vision of using meme coins for social impact.
ETH’s strongest performance always occurred in the first half of the year. CoinGlass data showed that Q1 and Q2 delivered 83% and 66% returns on average, respectively.
Ethereum price rally hints at a shift from underperformance in 2024 to an explosive start in 2025. As bulls prepare for a new 52-week high, a prolonged rally could result in a new ATH in 2025.
Ryan Rasmussen, the Head of Research at Bitwise Investment, noted that Ethereum price could easily reach $7K in 2025 fueled by the rising stablecoin market and RWA tokenization.
The major Week in Ethereum Newsletter is winding down, with the community directing blame to the Ethereum Foundation.
Amid the chances of Bitcoin reclaiming the $100k mark this week, Ethereum is preparing for a bull run to $3,900. With the potential to regain strength against BTC, Ethereum targets a bullish January.
After nearly two years of inactivity, the notorious hacker known as Blockchain Bandit moved 51,000 stolen ETH from 10 wallet addresses to a multi-signature wallet.
Justin Sun’s major ETH transfer, coupled with a whale’s major accumulation, has stirred debates about Ethereum’s price trajectory.
Throughout 2024, the number of long-term Ethereum holders has surged from 59% in January to 75% by December 30.