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Ethereum (ETH) News

Ethereum appeared and made another revolution in the crypto world. Offering innovations by using smart contracts differently, the platform created great opportunities for customers.

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Number of ETH wallets with non-zero balance exceeded 69M


All categories of investors, including whales, took advantage of the drop in the value of Ether (ETH). According to Glassnode, the number of wallets with any amount of ETH reached 69.113 million, a new record in altcoin history. Meanwhile, the cost of Ether continues to fall. On the night of...


ETH turned out to be more productive than BTC in 2021


Since December last year, the cost of Ether (ETH) has skyrocketed by about 530%, while Bitcoin has grown by about 200% over the same period. Even though BTC still exceeds ETH in terms of capitalization, the latter turned out to be the most effective instrument. Ether is based on the blockchain,...

Kelly Strategic Management

Kelly Strategic Management applies to launch Ethereum futures ETF


Investment company Kelly Strategic Management has applied to the SEC to register an exchange-traded fund (ETF) based on ETH futures. Statement complies with the 1933 Securities Act and 1940 Investment Company Acts. The Kelly Ethereum Ether Strategy ETF aims to acquire CME-traded futures for the...

Vitalik Buterin EIP 4488

Vitalik Buterin Proposes a Solution for High Gas Fees


The Ethereum blockchain protocol faces issues of scalability and high costs. Vitalik Buterin, the co-founder of the ecosystem proposed a new way to face the challenges. Recently, he introduced the Ethereum Improvement Proposal (EIP) 4488, which suggests decreasing transaction calldata gas price and...

Ethereum fees criticism

Three Arrows Capital CEO Su Zhu Criticized Ethereum


Crypto trader, researcher and investor, the CEO and CIO of the hedge fund manager Three Arrows Capital, Su Zhu announced leaving Ethereum, although he supported the protocol previously. In a tweet, Zhu said Ethereum left its users and no longer supports them as none of the new users can afford the...


Glassnode drew attention to the loss-making ETH addresses growth


The drop in Ether (ETH) last week triggered a sharp increase in the number of unprofitable addresses on the network. Now, this figure exceeds 3.115 million - this is the highest value since the beginning of October, according to a review by the Glassnode team. ETH dropped to $ 4,000 last Friday,...

Time Galaxy Digital metaverse Ether

Time Magazine Partners With Galaxy Digital and Buys ETH


Established news provider Time and tech-focused finance services firm Galaxy built a partnership, in terms of which Time will release informative content about metaverse (shared virtual environment) and receive payments in Ethereum (Ether). All transactions will be managed on the Ethereum...


Whales are guided by long-term storage of ether


Over the past few months, investors have been withdrawing Ether (ETH) from cryptocurrency exchanges. Moreover, the outflow is observed both from retail traders and large holders of altcoins. Whales have been sending Ether for offline storage since January 2021. However, a sharp decline in the...

Bitcoin Ethereum crypto prices

Crypto Prices Fall, Market Cap Drops at $2.5 Trillion


In the last 24 hours, the total crypto market cap went down by around 10%. At the moment, the indicator stands at about $2.5 trillion. Bitcoin went down by about 7%, hitting $60.500, and Ether declined by 8%, hitting $4.300. The picture is almost the same for Binance Coin (BNB), Solana (SOL),...


Citadel CEO points out the benefits of Ether over Bitcoin


Ken Griffin, founder and CEO of Citadel hedge fund, sees Ether (ETH) as a more promising digital asset than Bitcoin (BTC). It is based on a network that acts as a platform for many projects and services. In the future, ETH will become the leading payment instrument, the businessman said in an...

Ethereum news futures trading

Ethereum's Open Interest Hits a New All-Time High


According to data analytics company Skew, the total number of Ether futures hit a new all-time high of $12.6 bln on November 10. The previous peak was reached recently, on September 6, when the indicator hit $11.1 bln. Open interest for BTC futures stands at $26.4 bln. The peak was set on April 14,...


Ethereum fees have been falling over the past few days


In early November, the average commission on the Ethereum network was more than $ 55, the highest in two months. However, already last week, despite the rally in Ether (ETH), fees began to decline rapidly. According to the BitinfoCharts platform, the online commission is now around $ 36. The drop...

Bitcoin Ethereum new all time highs

Bitcoin and Ether Hit New All-Time Highs Today


The two largest cryptocurrencies, Bitcoin and Ether reached new all-time highs today. BTC hit $68.530 and Eth $4837. Both cryptocurrencies gained around 10% in the last 7 days. At the moment, the total crypto market cap stands at over $2.95 T. Bitcoin dominance index is 43.68%. A bullish trend...

Ethereum new all-time high

Ethereum Continues Breaking Records, Surpassing $4760


Today, November 8, the price of Ethereum reached a new all-time high of $4762. The token's market cap stands at above $561.4 billion, and its market dominance index is 19.61%. The largest altcoin has hit several all-time highs recently. Since 2020, Ether gained around 1000%. Among the reasons for...

Bakkt adds Ethereum

Digital Asset Manager Bakkt Will Add Ether Trading Option


New York Stock Exchange-listed financial services provider focused on innovation and emerging technologies, Bakkt announced that soon buying, selling and holding Ethereum will be available on the platform. We’re pleased to offer the ability to buy, sell, and hold ether (ETH), the cryptocurrency...


Chicago Exchange announced launch of micro-futures on Ether


In early 2021, Ether (ETH) futures became available to investors on the Chicago Mercantile Exchange (CME). The product was announced back in December. The management of the trading platform was conceived to attract additional capital to the crypto sphere through specialized products. Now the...

Ethereum new all-time high

Ether Hit a New All-Time High of $4638


The price of the largest altcoin hit a new all-time high of $4638. In the last 24 hours, Ether went up by around 6%. The token's market cap stands at above $540.2 billion, and its market dominance index is 19.7%. Ethereum's hash rate reached a new all-time high too. The highest average hash rate...


A license plate with NFT was put up for sale for 5888 ETH in US


The state of California sells a physical license plate with the letters "MM" paired with an NFT that is on display on the OpenSea marketplace. The cost of the kit is 5888 ETH. In 2017, local authorities allowed license plate owners to resell them. In California, two to seven characters...