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’s price movements and its relation to the US dollar and Canadian dollar depend on various factors. These include market sentiment, technological advancements, regulatory changes, and the economy overall.
Ethereum price may continue to fluctuate within its current range, with traders remaining cautious as they navigate this volatile period.
ETH, the second-largest cryptocurrency by market capitalization, is currently trading around $2,635, marking a 25% decline over the past month.
Ethereum’s Vitalik Buterin has issued an advice to Tesla CEO to shun defiance and pursue a virtue that will serve humanity much better.
Ethereum price drops to $2.6K, but analysts predict the end of correction soon as market indicators show signs of recovery.
Coinbase’s Base network has launched “Basenames” to allow users to simplify their wallet addresses into user-friendly names.
As per the on-chain indicators, Ethereum co-founder Vitalik Buterin has moved a total of 400 Ethereum (ETH), worth a staggering $1.05 million to crypto mixer Railgun earlier today.
Donald Trump’s financial holdings reveal he has over $1 million in ETH, which contradicts his previous stance against digital currencies.
Ethereum (ETH) is facing increasing bearish signals from both technical analysis and on-chain data.
Jump Trading’s movement of large ETH coins raises sell-off concerns while Ethereum investors cautious of the US CPI inflation data coming this week.
The recent surge in Ethereum network activity signals renewed investor interest, offering hope for Ether’s long-term price appreciation.
BlockTower Capital’s liquidation comes when institutions’ crypto investments appear to be waning, with a marked downturn in the broader market in recent times.
On-chain data shows that the whale still holds a total of 303.5K Ethereum worth $750 million across the two wallets.
The current wave of liquidations has sent shockwaves through the entire crypto community, with many traders reassessing their risk management strategies.
L2s like Arbitrum and Taiko saw an additional 97 million combined transactions over the last 30 days.