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.
BTCS has stopped its StakeSeeker platform to place more priority on areas where it can succeed, focusing on Ethereum blockchain growth.
The Ethereum market is heating up with short-term rallies, but cracks are forming beneath the surface. Is Ethereum poised for a breakout, or are dark clouds gathering on the horizon?
The overall supply of Ethereum on centralized exchanges has declined by over 800K units since the beginning of December fueled by US spot Ether ETFs.
While such trades can yield extraordinary returns, they also carry immense risk. Leveraged trading often magnifies losses, as evidenced by a trader in January 2024 who lost $161,000 on a single overleveraged position.
The crypto market anticipates increased activity as Deribit’s record $14 billion Bitcoin options expiry nears.
Despite what many have observed as a sell-off trend among several major holders like Sun, his explanation suggests a different story entirely.
The technical insights for Ethereum are turning bullish, hinting at a new potential rally. Ready to cross the $3,400 mark, is Ethereum setting the stage for a bullish 2025.
Sun’s sell-off, meanwhile, follows a larger pattern of sell-offs as ETH prices have continued to drop since failing to overcome the $4,000 resistance level.
Spot Ether ETFs experienced major outflows totaling $60.47 million as Ether’s price plunged over 9% in the past 24 hours.
Ethereum whale linked to Longling Capital acquired 6,000 ETH, continuing a pattern of buying low and selling high.
With a minor supply dump for Bitcoin and altcoins, Ethereum tests its critical support level of $3,800. As the short-term volatility warns of an intense pullback, the rising ETF inflows paint a bullish narrative.
The Omni Network debuts its Core mainnet to address Ethereum’s rollup fragmentation challenges, introducing a unified platform for cross-chain communication and enhanced DeFi development.
Ethereum ETF staking may be achieved when Donald Trump is sworn in as the President of the United States.
As Bitcoin hits a new all-time high, Ethereum is finally catching up. With a breakout event preparing for a high-momentum rally, the fundamental factors and sentiments hint at a new peak.
The Ethereum market was seen experiencing a 2.36% surge in the last 24 hours, with ETH price settling near $3,951.