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


Tech

Protocol Village: Team Behind Mento, EVM for Stable Assets on Celo, Raises $10M, Publishes Roadmap

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 10-16.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Tech

Crypto Usage Setting Records Amid Regulatory Uncertainty, A16z Says in Report

The report highlights a dramatic increase in blockchain activity, with 220 million addresses interacting with the technology at least once in September, triple the number in late 2023.

Chris Dixon of a16z Crypto announces another $25 million in U.S. campaign donations at Consensus 2024. (Jesse Hamilton/CoinDesk)

Finance

Why This ETF Expert Is Bullish on Ethereum and Says Washington’s Crypto Stance Is Misunderstood

If Vice President Kamala Harris beats Donald Trump in the U.S. presidential election, that could be good for Ethereum, though crypto is in good shape either way, Bitwise's Matt Hougan says.

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Tech

Protocol Village: Fuse, Layer-1 Chain Focused on Payments, Introduces 'Charge' for Merchants

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 3-9.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Finance

LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows

Avalanche's low transaction fees and consistency were cited as reasons for picking that chain.

Avalanche. (Unsplash)

Markets

Solana Is 'Richly Valued' Versus Ether, but Could Still Outperform If Trump Gets Elected: Standard Chartered

The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.

Price rising charts markets indices (Unsplash)

Videos

Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary

Len Sassaman-themed tokens have started to populate as the late cryptographer is widely believed on Polymarket to be identified as Bitcoin's pseudonymous creator in the upcoming HBO documentary. LEN tokens on Solana and Ethereum were issued by opportunistic traders and skyrocketed over the weekend. CoinDesk's Christine Lee presents the "Chart of the Day."

Recent Videos

Tech

Protocol Village: Firoza Finance Launches $2M Pilot Program for Shariah-Compliant DeFi With 'Mudarabah Smart Contract'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 26-Oct. 2.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues

The largest cryptocurrency's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.

Bitcoin price on 10 02 (CoinDesk)

Finance

Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum

Blockchain platform Zeconomy assisted the $300B asset manager with the transaction and reports "massive demand" for digital assets.

Commercial paper is short-term, unsecured debt issued by corporations. (Library of Congress)