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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
Ethereum Shanghai Upgrade Leads to Huge Influx of ETH at Exchanges
Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 led ETH’s price to rally above $2,100, its highest level since May 2022.
Crypto Investments Report Positive Flows for Fourth Consecutive Week: CoinShares
Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total.
Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated
So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.
Over 1M Ether Withdrawn After Shanghai Upgrade: Beacon Chain Tracker Data
Beacon Chain tracker data shows ether (ETH) withdrawals crossed 1 million tokens even as prices touched an 11-month high following the successful Shanghai upgrade. Galaxy Digital Vice President of Research Christine Kim discusses the latest developments on the upgrade and reaction from the Ethereum community.
Decentralization Is the Point, and We’re Not Talking Enough About Why
The internet has a habit of producing companies that dominate their industry because of network effects. The answer is the decentralization and openness that only blockchain technology affords, says EY’s Paul Brody.
First Mover Americas: Ether Holds Above $2K
The latest price moves in crypto markets in context for April 17, 2023.
Scroll Aims to Be the Turtle That Wins the Ethereum Scaling Race
This decentralized, global team of developers is ignoring the urge to be the first to scale Ethereum. For its holistic approach to building broadly and transparently, Scroll is one of CoinDesk’s Projects to Watch 2023.
StarkNet Aims to Enhance Scalability, Privacy and Security on Ethereum
One of the first projects to integrate the intriguing new mechanism of account abstraction has already gotten Visa on board to secure payments processing for crypto transactions. That’s why StarkNet is a 2023 Project to Watch.
Ether’s Strong Price Action May Continue Until End of Month: Coinbase
One reason why ether is appreciating is because of its relative underperformance versus bitcoin so far this year, the exchange said.
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
The rebalancing comes as ether rallies off a successful Shapella upgrade.
