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.
Ethereum whales have aggressively accumulated more coins in the past few weeks amid anticipated altseason in the near term.
Despite major advancements, including the Dencun upgrade and Spot Ethereum ETFs, Ethereum’s dominance in the market has plummeted to 13.1% — its lowest since April 2021.
BlackRock’s Ethereum ETF is leading a strong wave of inflows in the Ether ETF market, with cumulative inflows climbing beyond $3 billion.
While on-chain metrics already give enough optimism for a potential ETH price surge, institutional interest in Ethereum is also stronger than ever.
Ethereum (ETH) surged 7% to $3,930, amid Bitcoin and broader market recovery following a favourable US SPI data release on Wednesday.
Ethereum’s price recovery hits $3,700, fueled by growing institutional demand and $305 million in daily ETF inflows. Will the declining Bitcoin dominance hinting at a new altcoin season drive ETH price for a new all-time high?
Confidence in the digital asset industry has significantly increased amid the ongoing adoption of Bitcoin by nation-states and institutional investors.
The demand for Ethereum has registered a sharp uptick in the past few weeks as Bitcoin price experiences diminishing returns after hitting $100K.
The ongoing bullish breakout for Ethereum in the weekly chart will trigger a major altseason in the near term amid the ongoing crypto cash rotation from Bitcoin.
Anchorage Digital adds LsETH token support, enabling institutional clients to participate in ETH staking while maintaining liquidity through regulated custody services.
Ethereum is gaining momentum, crossing the $3,900 mark and eyeing a potential breakout rally. Despite whale sell-offs, Ethereum shows bullish gears up for a potential run to $4,631, with a projected extension of 35%.
The US spot Ethereum ETFs led by BlackRock’s ETHA have registered more than $620 million in cash inflows over the past two weeks.
Vitalik Buterin humorously critiques crypto custody models, warning against the risks of centralized exchanges, highlighting failures like Sam Bankman-Fried (SBF).
“This outcome is crucial for all onchain activity,” wrote Mads Eberhardt, an analyst at Steno Research.
While Beam Chain focuses on the consensus layer, complimentary upgrades to Ethereum’s execution and data availability layers are also in the works.