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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
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.”
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.
ConsenSys AG Shareholders Readying Legal Action Over Share Valuation
At issue is the valuation of key pillars of the Ethereum ecosystem, including MetaMask and Infura.
Decentralized Identity Startup Spruce Raises $7.5M
Ethereal Ventures and Electric Capital led the round, with Alameda Research, Coinbase Ventures and Protocol Labs joining in.
Meme Tokens Led ‘Uptober’ as SHIB Mooned 765%
Bitcoin, which jumped 40% in October, wasn’t the only dog in the hunt.
Hive Blockchain Outperforms Crypto Miners as Ether Reaches All-Time High
Shares of the diversified crypto miner outperformed peers as ether hit a new record.
Bitcoin Back Over $60K as El Salvador Buys 420 BTC
After a swoon in recent days, the largest cryptocurrency bounced back after the Central American country bought the dip.
The Evolution of Ethereum’s Monetary Policy
The combination of DeFi, EIP 1559 and Ethereum’s coming transition to proof-of-stake has worked to create what ether holders call “Ultra Sound Money.”
Bitcoin’s Taproot Upgrade Might Already Be Priced In
The Taproot upgrade has highlighted some investors’ skepticism of the Bitcoin network’s ability to adapt and expand.
