ETHEREUM
What is Ethereum?
Ethereum is an open-source decentralized platform that introduced the concept of smart contracts into the blockchain space. Through these smart contracts, developers using the Ethereum network are able to create their own decentralized apps and tokens.
Ethereum is an open-source decentralized platform that introduced the concept of smart contracts into the blockchain space. Through these smart contracts, developers using the Ethereum network are able to create their own decentralized apps and tokens.
The Number of Ethereum Transfers Hit a Monthly Low
The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.
Bitcoin Struggles to Maintain Above $40,000 Level as Ethereum, Dogecoin, And Litecoin Follow Suit
Bitcoin plunged by 3% following Elon Musk’s tweet about the leading cryptocurrency. Other altcoins seem to have followed suit.
Ethereum’s Address Activity is Growing Again Following the Recent Panic Selloff
On-chain metrics provider Santiment has acknowledged that Ethereum is gaining momentum as address activity in this network is growing again.
Ethereum Exchange Inflow Volume Hit a Monthly Low of $34.27 Million
According to digital asset firm Glassnode, Ethereum exchange inflow volume reached a 1-month low of $34,277,495.88.
Purpose Ether ETF Inflowed Surge Past 50,000 ETH
The world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH recently.
A High Correlation Regime Between Bitcoin and Ethereum Persisted Since 2018
Bitcoin (BTC) and Ethereum (ETH) have had a strong correlation since 2018, despite the emergence of a new bull run last year, as acknowledged by crypto data provider Skew.
Ethereum-backed DeFi Records Healthy Activities Amid Crypto Market Crash: Glassnode
Ethereum-backed DeFi ecosystem maintained its resilience following the past crypto market crash.
Carl Icahn: Possibly Get Into Cryptocurrencies up to $1.5B in a ‘Big Way’
Billionaire Carl Icahn, an American business tycoon who was sceptical of Bitcoin-led cryptocurrency before revealed in an interview with Bloomberg that it may get Into the cryptocurrency market up to $1.5B in a big way.
Analyst Believes Capital Flocks to Ethereum’s DeFi Sector
Market analyst Lark Davis noted that big money flow was piling in Ethereum’s decentralized finance (DeFi) sector, and that's bullish.
Bitcoin is a Freedom Friendly Type of Currency- Sen Cynthia Lummis
Senator Cynthia reiterated the role of Bitcoin as a freedom tool against oppressive governments.