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

Markets

Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH

Solana’s SOL hit an all-time high of $246 on Wednesday and the token is up 5% in the last 24 hours. Polkadot (DOT) is up 7%.

By Lyllah LedesmaNov 4, 2021

The chart shows Ethereum alternatives such as Polkadot's DOT and Solana's SOL are outperforming bitcoin and ether. (TradingView)

Finance

Galaxy Digital’s October AUM Grew More Than 40% to $3.1B

Galaxy’s roster of Canadian ETFs were the driving force behind the surge.

By Jamie CrawleyNov 4, 2021

Videos

ETH and SOL Hit All-Time Highs, CBA to Offer Crypto Services

Ethereum and Solana hit all-time highs. Australia’s CBA to offer crypto services. Hong Kong fintech week underway. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Nov 3, 2021

Videos

What’s Driving the Ethereum Rally?

Ethereum hits another new all-time high as it broke $4,600 Tuesday. CoinDesk Indexes Managing Director Jodie Gunzberg discusses her take on the factors that contribute to the price surge: institutional factors, Ether’s use cases, and the influence of meme coins.

Nov 3, 2021

Markets