Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Ethereum (ETH) News Today
Ethereum launched in summer 2015 with the aim of expanding the use cases of blockchain and cryptocurrency to encompass all manner of decentralized applications beyond Bitcoin’s initial scope, from permissionless financial services and crowdfunding to new organizational structures.
Ethereum was envisioned as a “global computer” that would allow developers to publish and execute apps powered by smart contracts — programmable scripts that facilitate the flow of digital assets.
Ethereum’s native cryptocurrency, Ether (ETH), not only provides an incentive structure similar to Bitcoin (BTC) in securing and maintaining the network but is also used as “gas” to run transactions through smart contracts. This functions as a security measure to protect the network from inefficient code and attacks by malicious actors.
At Cointelegraph, we are chronicling the progress of the Ethereum space. Will it become essential infrastructure for a more open, freer internet? Or will it be surpassed by other smart contract (or traditional) platforms vying for mind and market share?
Stay tuned.
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Only 19% of gamblers betting on the outcome of a decision on whether to approve or deny spot Ether ETFs by the U.S. SEC are putting their money on a positive result by the May deadline.
1794While there are reasons to be “very bullish” on Q2, the sheer speed of the Bitcoin and crypto bull market may be cause for concern, says QCP Capital.
2443Ethereum network standards should increase when considering layer-2 scaling solutions, suggested Ethereum co-founder Vitalik Buterin.
6986Ethereum futures open reached a new all-time high, calling into question whether ETH can rally to $3,800.
4825The SEC approved investment vehicles tied to Ether futures in October but has not reached a decision about spot ETH exchange-traded funds on U.S. exchanges.
10580Bitcoin is looking positive, but the up move is likely to face stiff resistance above $72,000.
5742The growth of blockchain space makes interoperability a crucial requirement for decentralized apps to perform efficiently. This omnichain network aims to deliver.
14288Ethereum price has had a rocky week and data suggests that more downside could be on the way.
2128The integration provides a high-level overview of both ecosystems, allowing cryptocurrency teams to run their own queries and get insights from the raw data.
15283While more validators could mean more security, community members think too many could be problematic.
14846Ethereum co-founder Vitalik Buterin suggested penalizing validators proportionally to the deviation from their average failure rate.
14562A new method for inscribing data on Ethereum blobs is wreaking havoc on fees for the data-saving feature.
12239Staking rewards could create a taxable event for shareholders and introduce new risks associated with the fund.
16316As Bitcoin continued its early stages of development, the largest exchange at the time was on its way to ruin.
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