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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
Ether Breaks New Records; South Korea Split on Crypto Tax
Ether is making history with new all-time highs in prices as gas fees plunge following the latest network upgrade. Analysts say the market sentiment has improved after the European Investment Bank’s bond issuance on the Ethereum and backing from various CBDC initiatives.
Ether Breaks Through $3K Barrier, Reaching New All-Time High
Ether reached another milestone, passing $3K for the first time. Despite challenges with gas fees and naysayers like Kevin O'Leary calling it "second" to bitcoin, the crypto markets are bullish on ETH. Martin Gasper of CrossTower weighs in on what's behind Ether's boom and what investors can expect in the near term. Plus, is the "Flippening" approaching?
Ether Hits All-Time Highs, But Kevin O'Leary Says It Will Always Be "Number 2" to Bitcoin
Despite ether soaring to new all-time highs, investor and "Shark Tank" star Kevin O'Leary says ETH will always play second to bitcoin. Mr. Wonderful's criticisms prompt "The Hash" panel to debate whether any alternative coin can ever replace bitcoin as crypto's top dog.
What Is Driving the Demand for Ether?
Ether is setting new records as demand soars, but what's behind the craze? Matt Weller of Forex.com joins "First Mover" to discuss the crypto market trends, including how DeFi and NFTs are boosting demand for ETH and how bitcoin HODLers are a sign of a bullish market.
What’s Driving Ether to Record Highs?
Ether (ETH), the second-largest cryptocurrency by market cap, soared to a new record high on Wednesday. “The Hash” panel suggests the possible reasons driving the price of ETH to new all-time highs and why ether is now garnering investment-research coverage by JPMorgan.
Binance Dives Into NFTs; South Korea’s FSC Checks Staff for Crypto Trading
The world’s biggest cryptocurrency exchange Binance announced the upcoming launch of its own NFT marketplace this June. The platform will support Binance Smart Chain and Ethereum, hoping to expand its ecosystem to other blockchains such as Tron, Flow and Wax. Over in South Korea, the Financial Services Commission warned its employees to disclose personal crypto investments.
Will Institutional Investors Buy the Dip?
Bitcoin sell-offs have led to a drop in price, but is this a brief pullback or the start of a larger price correction? According to Kyle Samani of Multicoin Capital, investors shouldn't be too worried. "The amount of institutional interest continues to increase in crypto," Samani said. "I expect every dip to be bought quite aggressively." Plus, his thoughts on leverage in the crypto markets and alternatives to the Ethereum blockchain for DeFi developers.
Can Alternative Base Layer Blockchains Draw Developers Away from Ethereum?
Issues with the Ethereum blockchain have prompted some developers to seek alternatives. One NFT issuer, Doublejump.Tokyo, is moving to the Flow blockchain built by Dapper Labs. Is this a sign of a transition away from Ethereum dependence to a multichain world? “The Hash” panel debates.
Is Bitcoin Boredom Driving the Altcoin Rally?
Ether reached an all-time high Thursday, but bitcoin's upside momentum continued to slow. What's behind the rise of ether and the altcoin rally? Steven McClurg of Valkyrie Investments explains why he thinks there's a shift in investor behavior. McClurg also discusses the status of Valkyrie's ETF application and his thoughts on the impact of bitcoin ETFs on the markets.
