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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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ETH

Ethereum ends September in the red the second year in a row

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On the last day of September, the largest altcoin ether (ETH) was trading mostly in the red. The coin tried to jump above $ 3000 but did not hold the position, after which the pullback resumed. On the night of Friday, October 1, the ETH rate dipped to $ 2990. Cryptocurrency capitalization is now...

ETH

The share of profitable Ethereum addresses fell below 90%

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The September fall in the value of the largest altcoin, Ether (ETH), led to a sharp and noticeable reduction in the share of profitable addresses. Ether capitalization decreased to $ 344.993 billion. According to the Glassnode platform, the share of profitable Ethereum addresses fell to its lowest...

Ethereum

Drop in the exchange balance of Ether eases pressure on the market

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Almost all categories of investors are involved in the accumulation of Ether (ETH). According to Santiment, the whale addresses accumulated over 21% of the total cryptocurrency supply in September. These wallets now control the highest volume of ETH since early May 2017, the researchers emphasized....

Ethereum

Over 2.5M addresses have registered on Ethereum since May

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More than 2.5 million new addresses have registered on the Ethereum blockchain since the beginning of May 2021. The researchers also paid attention to the growth of the bitcoin network. They found that the largest number of new wallets appeared in January-April. During this period, the number of...

Ethereum hashrate high

Ethereum Hashrate Set a Record High

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As data from Etherscan show the processing power of the Ethereum network reached a new all-time high on September 12, hitting 715.4 terahash/second. The highest mining difficulty of the network was 9,056.548 TH on Sunday. The indicator started to go up in late June. On May 21, China State Council...

Whales

Whales accumulate more than 21% of the Ethereum

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Ether (ETH) is gradually recovering its position after a strong fall in the middle of this week. On Friday, September 10, the altcoin price is approaching $ 3,500. ETH capitalization in seven days decreased by almost 10% to $ 402.501 billion. In a review by the Santiment team, the largest Ethereum...

Ethereum

Open interest in Ether futures nearing new highs

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In early May, open interest in Ethereum futures was at the highest level in the history of the altcoin. This figure reached $ 11.6 billion. Then it began to fall at the end of June, open interest in this product fell to $ 4.91 billion. It began to grow after the ether began to strengthen again....

Vitalik Buterin Ethereum regrets

Vitalik Buterin Talked About His Regrets About Ethereum

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Today, September 2 Vitalik Buterin answers followers’ questions through a Twitter AMA (Ask Me Anything). The youngest crypto billionaire has already expressed his views towards different blockchain and DeFi projects, Ethereum's development, NFTs, and more. Doing a random twitter experiment just...

Ethereum

High Ethereum fees are driving users to leave to other blockchains

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Ethereum transaction fees have started to rise since August 22nd. Last Friday, August 27, the average commission on the blockchain reached $ 38.3 - this is the highest value since May 2021. Ethereum fees have continued to climb despite recent updates from London and EIP-1559. Since mid-August, the...

Ethereum Arbitrum One

Ether Surges After the Scaling Solution Arbitrum One Release

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On August 31, the mainnet of Ethereum scaling solution Arbitrum One went public. The EVM-compatible platform with optimistic rollups techniques aims to reduce the fee cost of transactions and scale Dapps. WE KNOW YOU'VE BEEN WAITING...WE'RE PROUD TO ANNOUNCE...📘ARBITRUM ONE📘BRIEF...

Geth bug chain split

Ethereum Interface Geth Discoveres a Chain Split

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Ethereum is dealing with a chain split as a percentage of validators failed to upgrade their software after the found bug in the earlier versions of Ethereum interface Go Ethereum (Geth). A few days ago, on August 24, the team running the commonly used Ether interface layer Geth announced a flaw in...

Ethereum

Ethereum hashrate updated all-time high

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The hashrate of the Ethereum network reached 646.7 GH/s, updating its all-time high, according to Etherscan data. The indicator exceeded the previous record level of 643.8 GH / s, which it reached on May 20. Against the backdrop of the ensuing harassment of mining in China, the computing power of...

Grayscale

Grayscale's Ethereum trust exceeds $10 billion

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Grayscale, a digital asset management company, continues to ramp up investments in bitcoin, ether, and other major cryptocurrencies. Funds for such instruments go through specialized trusts. The giant's latest statement on Twitter notes that as of August 24, its cryptocurrency trusts have...

Ethereum

Ether exchange balance fell to a seven-month low

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The price of Ether (ETH) on Wednesday, August 18, fell to $ 3064. The capitalization of the largest altcoin in 24 hours decreased by 3.66% to $ 359.427 billion. A report from the Glassnode team talks about the ongoing outflow of ether from cryptocurrency exchanges. Currently, the number of ETH...

Ethereum 2.0 staking

Over 6.7 M Ethers Worth $21 B Now Staked in Ethereum 2.0

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Data show that now there are 6.73 million Ethers worth about $21.2 B staked in Ethereum 2.0 contract. The tokens will remain locked up until the network's major update is completed. With Ethereum 2.0, the current Proof-of-Work blockchain merges with the Proof-of-Stake chain. The switch is supposed...

Singapore

Ether is more popular than BTC among Singaporean investors

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In a survey conducted among Singaporean crypto traders. Researchers have found that Ether (ETH) is a more popular digital currency compared to Bitcoin. 78% of respondents said they own ETH, while 69% of investors hold the first cryptocurrency. The survey was conducted by the Gemini exchange in...

Ethereum Bitcoin

Mike McGlone commented on the Bitcoin and Ether rally

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Bloomberg strategist Mike McGlone is known for predicting Bitcoin will hit $ 20,000 again in December 2020. Moreover, the same analyst predicted further growth in BTC and was right. The day before on Twitter, McGlone recalled that in annual terms, the strengthening of the bitcoin rate was 54%,...

Ethereum 2.0 burn

49$ M in Ether Burned Just Two Days After EIP-1559 Launch

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On August 5, Ethereum London hard fork was launched, changing the way miners get rewards. The network's new fee-burning mechanism, called Ethereum Improvement Proposal (EIP-1559) has removed around $49 M in Ether from circulation. EIP 1559 came to replace Ethereum's previous fee-calculation...