Ethereum

Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person

Videos

Ethereum 2.0 Sees High Deposit Rate as London Hard Fork Looms

Ether (ETH) notched a 12-day winning streak Monday, the longest ever, in the runup to a planned upgrade on Ethereum’s blockchain that aims to improve the so-called gas fees and limit the supply of the token. CoinDesk Technology Managing Editor Christie Harkin digs into the so-called London hard fork upgrade and what it means for the crypto markets.

Aug 3, 2021

Markets

Market Wrap: Bitcoin Underperforms Ether; Crypto Tax Ahead?

Bitcoin dipped below $40K as traders digest proposed crypto taxes.

By Damanick Dantes, Frances YueAug 2, 2021

Bitcoin 24 hour price chart, CoinDesk 20

Markets

Digital Asset Funds Suffered Outflows as Bitcoin Price Recovered

Bitcoin-focused funds had outflows totalling $19.7 million, partly offset by net inflows to funds focused on other categories, including multi-asset funds.

By Lyllah LedesmaAug 2, 2021