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If you're an Ethereum (CRYPTO: ETH) investor, the good news is that the world's second-largest cryptocurrency is up an impressive 50% for the year. Ethereum recently broke through the $4,000 price ...
Ethereum is a decentralized blockchain with smart contract functionality. Ether (abbreviation: ETH [a]) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. [2] [3] It is open-source software. Ethereum was conceived in 2013 by programmer Vitalik Buterin. [4]
Ethereum: ETH, Ξ Vitalik Buterin [50] Ethash [51] C++, Go [52] PoW, PoS: Supports Turing-complete smart contracts. 2015 Ethereum Classic: ETC EtcHash/Thanos [53] PoW: An alternative version of Ethereum [54] whose blockchain does not include the DAO hard fork. [55] Supports Turing-complete smart contracts. 2015 Nano: XNO, Ӿ Colin LeMahieu ...
At the height of the CryptoKitties craze, Ethereum’s price reached a then-record high of $1,396 in January 2018 — up 333%. By late March 2018, Ethereum had dropped to just below $400.
Cryptocurrency prices are much more volatile than established financial assets such as stocks. For example, over one week in May 2022, bitcoin lost 20% of its value and Ethereum lost 26%, while Solana and Cardano lost 41% and 35% respectively. The falls were attributed to warnings about inflation.
At one of these events, Wood asserted that Ethereum could reach a market capitalization of $20 trillion by 2032. Do Cathie Wood's Bullish Ethereum (ETH) Prediction: How Much $1,000 And $10,000 ...
USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
Buterin donated $1.14 billion USD worth of SHIBA coins, which had previously been gifted to him, to India's Crypto Covid relief fund in 2021. [64] [65] [66] This donation was 5% of the coin in circulation and caused a 50% crash in the price at the time. [67] [68]