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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
Crypto Fund Inflows YTD Significantly Higher Than Last Year
Total assets under management have also reached an all-time high of $80 billion.
Ethereum Hits New All-Time High, South Korea Says NFTs Are Not Virtual Assets
Ethereum kicks the week off at an all-time high. China’s Meten Holding Group pivots from tutoring into crypto mining. South Korea says NFTs are not virtual assets. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide
The cryptocurrency may face some selling pressure around $70,000, one trader said.
What Bitcoin and Ether’s Options Tell Us About Their Maturity
Higher options volume relative to spot is a sign of a developed market and can help with price discovery.
Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH
Bitcoin and ether were little changed over the past 24 hours. Yet, digital currencies associated with Solana and Polkadot, both alternatives to the Ethereum blockchain, were outperforming along with gaming tokens like Axie Infinity’s AXS. "The Hash" team discusses the rise of altcoins and wider crypto markets outlook.
Jefferies’ Wood Urges Banks to Embrace Blockchain, Add More Bitcoin Exposure
The Jefferies strategist is “fundamentally bullish” on crypto and added another 5% exposure to his current bitcoin allocation recommendation.
Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH
Solana’s SOL hit an all-time high of $246 on Wednesday and the token is up 5% in the last 24 hours. Polkadot (DOT) is up 7%.
Galaxy Digital’s October AUM Grew More Than 40% to $3.1B
Galaxy’s roster of Canadian ETFs were the driving force behind the surge.
ETH and SOL Hit All-Time Highs, CBA to Offer Crypto Services
Ethereum and Solana hit all-time highs. Australia’s CBA to offer crypto services. Hong Kong fintech week underway. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
What’s Driving the Ethereum Rally?
Ethereum hits another new all-time high as it broke $4,600 Tuesday. CoinDesk Indexes Managing Director Jodie Gunzberg discusses her take on the factors that contribute to the price surge: institutional factors, Ether’s use cases, and the influence of meme coins.