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 has toppled several financial payment companies in its price surge to $3000 and above. The Ethereum blockchain network is the preferred choice of the European Investment Bank (EIB) for settling 100 million euros worth of digital bonds.
By the time of writing, ETH has set a new ATH at over $2,797 with a market cap of over $320 billion.
O’Leary added that Ethereum will always be used as a tracking system. Meanwhile, ETH has established a new ATH over $2,700.
Prior to Wednesday’s Ethereum (ETH) price pump, several underlying factors had accumulated in favor of the asset.
Dispersion Holdings is an investment company created by the co-founders of Argo Blockchain, which specializes in DeFi, and is about to launch its IPO on the Aquis Stock Exchange.
Ethereum has hit a new ATH. Ethereum price is now up over 1400% in the past year.
One of the funds launched by Huobi Asset Management is a private equity fund that will invest solely in cryptocurrency mining operations.
Bitcoin and Ethereum have been surging for days now, until they seemingly started a price correction on weekends. However, the correction did not come naturally, but as a consequence of a very unfortunate development reported in Turkey.
Brevan Howard intends to diversify into various digital assets beyond Bitcoin and Ethereum.
Justin Sun, the CEO and founder of Tron and BitTorrent, says that he expects the popularity of the USDT stablecoin to increase.
The price of Dogecoin made 84.7% of its surge in the last 24 hours having recorded $0.28 as its highest price point before falling back to its current price point of $0.24.
Ethereum (ETH) for the first time in its history climbed above $2,500 on Thursday. This came in the wake of the network’s latest network upgrade – the Berlin hard fork.
The Berlin upgrade is one of the many improvements that will make the Ethereum blockchain attractive for DeFi-backed DApps.
Looking at the past trend of the surge in Ethereum’s realized value and MVRV ratio, ETH price could surge another 100% from its current all-time high.
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin and Ethereum daily price movements.