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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
Ether Options Trading Volume Outshines Bitcoin After Shanghai Upgrade
Ether (ETH) continues to outperform bitcoin (BTC) following the Ethereum network’s "Shapella" upgrade. The options market tied to ether has seen more activity than bitcoin in the past 24 hours, the first instance of 2023. "Bitcoin's going to be the boring old grandpa right now in the room," Dexterity Capital managing partner Michael Safai said. Plus, Safai reacts to ether's latest price rally after topping $2,100.
Ethereum Hits New Milestone After Successful Upgrade
Bitcoin (BTC) and ether (ETH) are both on the rise as the Ethereum network's successful Shanghai upgrade lifts the crypto markets. Forkast analyzes the most recent market movements and other news shaping the cryptocurrency world in the latest episode of "Market Movers."
Ether Rises Nearly 13% This Week Following Shanghai Upgrade
So many Ethereum validators have requested to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up to two weeks. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
First Mover Americas: Ether Steals the Show, Alts Follow Suit
The latest price moves in crypto markets in context for April 14, 2023.
Ether’s Post-Shanghai Rally Knocks Bitcoin Dominance From 21-Month High
ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data.
Why Didn’t You Sell the News of Ethereum’s Shanghai Upgrade?
There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.
Ethereum Stands Firm as Shanghai Upgrade Rolls Out
Ether (ETH) broke the key $2,000 level after Ethereum completed the Shanghai upgrade, allowing the network to process staking withdrawals. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Ether Crosses $2K After Shanghai Upgrade
Ether (ETH) surpassed $2,000 on Thursday, reaching the highest point since August after a successful network upgrade called Shanghai, or Shapella. Besu Protocol Engineer Justin Florentine discusses the upgrade after Vitalik Buterin said, "we're in a stage where the hardest and fastest parts of the Ethereum protocol's transition are basically over.”
Binance to Support Ether Staking Withdrawals From April 19
Ethereum implemented the Shanghai upgrade early Thursday, opening withdrawals of more than 18 million ETH staked in the blockchain since late 2020.
Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue
Crypto exchange Kraken agreed to shut down its U.S. crypto staking service in February as part of a settlement with the Securities and Exchange Commission.
