Although numerous factors are going in Ethereum's way, the latest surge above $4,000 could be largely attributed to institutional investors,
Ethereum is a blockchain-based platform that allows developers to build decentralized applications (dApps) using smart contracts.
These are computer codes that facilitate the exchange of money, property, shares, content, or anything that has value. It’s pre-programmed and predefined, meaning that once the trigger conditions are executed, the result manifests automatically.
Ethereum has a native cryptocurrency, which is called Ether (ETH). ETH is currently the second-largest cryptocurrency by market cap.
The project’s whitepaper was published back in 2013 by Vitalik Buterin, Ethereum’s Co-Founder. In January 2014, Ethereum began the official development of the platform. A few months later, in August, the team managed to raise $18.4 million through a token sale. The ETH token was released during the summer of 2015.
Like Bitcoin, Ethereum was initially developed to work using the Proof-of-Work (PoW) consensus algorithm. However, the team is working to transition to Proof-of-Stake, which is supposed to take place in 2020.
Recent Ethereum News
After breaking above $3,000 a week ago, ETH has added another $1,000 of value on its way to the latest
Over the past seven days, we saw large-cap cryptocurrencies paint double-digit gains, pushing the total market cap up by $300
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''WallStreetBets Crypto Pumps'' group on Telegram duped more than $2 million in BNB and an undisclosed amount in ETH from
The last couple of hours were rather tough on the cryptocurrency markets as the total capitalization lost over $100 billion
Commenting on the most recent surge in ETH's price, Changpeng Zhao gave his reasoning as to why there's currently a