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.
This funding has helped ConsenSys to reach the coveted unicorn status. The company is now among the leading crypto-focused firms.
A few days after hitting new all-time highs, Bitcoin and Ethereum are pulling other cryptos down as the market is experiencing significant price reductions.
The Discord CEO has taken the decision not to go with Ethereum integration amid strong community backlash. Says their current focus in on protecting users from scams and frauds.
According to Ken Griffin, Bitcoin has no commercial use cases.
Discord is most likely testing the Ethereum integration to its platforms which could be useful for its massive gaming community or the NFT use across its platform.
The world’s two largest cryptocurrencies are once again leading the overall crypto market by sending clear signals of the beginning of the next major crypto bull run.
Ethereum is currently rising and shows no signs of slowing down even as its price now tops $4,700 for the first time ever.
With the integration of Ethereum, Bakkt has bolstered its offerings in anticipation of the influx that is billed to be experienced.
As Ethereum hit a new all-time high, analysts are expecting that the US regulators will soon approve an Ethereum futures ETF.
The advent of the Micro Ether Futures from CME Group is a move in the right direction towards attracting mainstream financial traders into the digital currency ecosystem.
Ethereum has seen an impressive start to a new month after it notably surged by more than 31.6% in the trailing 30 days period.
Ethereum reached an all-time high of $4,400 on Friday to cap off a 147% 3-month surge since July 21st.
American regulators, including the SEC and Commodity Futures Trading Commission (CFTC), are now more open-minded to ETF products, particularly those tracking futures prices.
The Ethereum 2.0 Beacon chain successfully conducted the Altair upgrade with uninterrupted finality. Ethereum founder Vitalik Buterin praised the Layer 2 scalable solutions on the Ethereum platform.
Ethereum is generally maintaining its bullish trend and should the current accumulation be sustained, the digital currency is billed to test more ambitious price levels in the coming weeks.