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


Finance

ConsenSys Project Virtue Poker Raises $5M Ahead of Mainnet Launch

The Ethereum project is expected to launch in full in May.

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Markets

Bitcoin Dominance at 2-Year Low as XRP, Binance's BNB Rally

Bitcoin prices have doubled this year, but several major altcoins have risen by many multiples.

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Markets

Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low

Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Near $58K, Reverses Two-Day Losses Despite Lower Trading Volume

The price gain came amid new signs of growing mainstream adoption of bitcoin and other cryptocurrencies.

CoinDesk Bitcoin Price Index

Markets

Ether’s Record Run Came With Less Support Than Bitcoin’s, Blockchain Analysis Shows

Philip Gradwell of Chainalysis said on CoinDesk TV that “relatively little” ether was bought above $1,850 and even less was bought at $2,000 or above.

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Videos

Will Ethereum Be Able to Hang Onto $2K?

The price of Ether has been hovering around $2K, but will it last? Chainalysis’s chief economist doesn’t think so. Philip Gradwell joins “First Mover” to analyze Ether and explain why he expects the price to decline.

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Markets

Market Wrap: Bitcoin Drops to Near $56K as Spot Trading Volume Remains Low

The oldest cryptocurrency is looking at a price support level around $54,000, with resistance around $60,000.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance

Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year.

CoinDesk Bitcoin Price Index