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

Ether Uptrend Is Weakening, Could Test Lower Support: Technical Analysis

Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.

Ether prices have softened recently after a powerful bull run over the past year.

Markets

Market Wrap: Bitcoin Nears All-Time High As US House Passes $1.9T COVID-19 Relief

Bitcoin is within range of a quick run to the all-time high of $58,332.

CoinDesk Bitcoin Price Index

Videos

Biggest Challenges Facing Ethereum Today

Multicoin Capital Co-founder Kyle Samani on potential Ethereum killers like Serum and the biggest challenges facing ETH today.

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Tech

Zaki Manian's Sommelier Finance Raises $3.5M to Help DeFi Investors Avoid Impermanent Loss

A cross-chain balm to help DeFi minnows swim with the whales.

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Markets

Ether Trailing Bitcoin Since CME Futures Launch: Technical Analysis

Did the CME's ether futures launch coincide with a market top, relative to bitcoin? It sure looks like it based on the chart pattern.

CME Group Headquarters (CoinDesk Archives)

Markets

Market Wrap: Bitcoin Gains for Fifth Day, the Longest Streak This Year

Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.

CoinDesk Bitcoin Price Index

Markets

Investors Put Less Money Into Crypto Funds Last Week as Bitcoin Market Stagnated

Last week's drop in crypto investment inflows to a fourth of the prior week's pace came as prices retreated in prices for bitcoin and other digital assets.

Inflows to crypto investment funds dropped last week, coinciding with the market's recent retreat.

Tech

DODO DEX Drained of $3.8M in DeFi Exploit

The decentralized finance platform said it expects $1.88 million of the stolen funds to be returned.

The dodo was a flightless bird that became extinct in the late 1600s.

Markets

Market Wrap: Bitcoin Trades Well Above $50K, While Ether Outperforms on NFTs, July's Upgrade

Bitcoin's price climbed for a fourth straight day, even as 10-year bond yields continued their march toward 1.6%.

CoinDesk Bitcoin Price Index

Videos

Bitcoin Total Supply Locked on Ethereum

Nearly 1% of total bitcoin supply is locked on Ethereum, jumping from 0.9% the year prior. BTC and ETH charts and analysis from Angela Minster at Flipside Crypto.

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