Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge.
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?
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder Charles Hoskinson.24042
Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors.18494
A record number of Ether options is set to expire on June 25 as ETH looks to BTC to reverse its price momentum.55830
NFTs present a revolutionary and innovative technology, but their real value has been obscured by hype.2974
Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year.10947
Traders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000.18608
Three Ethereum testnets now have a set date for the London hard fork, a key step toward a full mainnet implementation.30982
The new system will rebalance Uniswap v3 positions every half hour, allowing users to reap additional fees with less single-sided liquidations.2881
A potential bounce in the BTC/ETH pair suggests Bitcoin will sprint past Ether in the next market rally.10480
In an unusual twist for the latest DeFi exploit, the users were the ones to walk away in profit.2340
Bitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit.15632
Which takes precedence: the open-source ethos of DeFi, or the natural right to protect the fruits of your intellectual labor?2357
Memes and fan tokens were the order of the day after a Coinbase Pro listing sent SHIB and CHZ to significant gains.18002
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range.29134