Ethereum (ETH) News

Input-Output Hong Kong (IOHK) revealed the launch of testnet which allows tokens built on top of Ethereum to come to Cardano’s environment. For this purpose, Cardano collaborates with the decentralized AI protocol SingularityNET and its native crypto asset AGIX. SingularityNET allows creating,...

Leading international bank BBVA (Banco Bilbao Vizcaya Argentaria) unveiled it has expanded its crypto services. The Swiss franchise of the bank now allows customers operations with Ethereum. BBVA Switzerland presented BTC trading and custody service this June, and revealed intentions to introduce...

The social network Reddit has opened a waiting list for expanding its program of rewarding Ethereum-tokens "Community Points" to subreddits of the platform and launched a special information resource. The initiative has been operating in test mode since May 2020. Members of the...

Ether (ETH) was able to rebound after the crash to $3,623 last Saturday, December 4th. The recovery of positions has been observed over the past three days. Altcoin capitalization is now just over $ 522.455 billion. The IntoTheBlock team found that institutional investors, whose interest in ETH has...

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...

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,...

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...

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...

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...

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,...

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...

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...

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),...

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...

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,...

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...

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...

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...