Ethereum
EthereumRank: # 2
Market Cap: $ 355,431,748,798
Volume (24hrs): $ 10,809,464,051
Circulating Supply: 120,694,980 ETH
Price in BTC: Ƀ 0.03347406
Change (1 Hr): -0.21%
Change (7 Days): -0.36%
Change (30 Days): 1.89%
All Time High: $ 4,946.05
All Time High Date: August 24, 2025
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- NFT collections get no Santa rally as market hits 2025 lowsCointelegraph.com News - 7 hours agoMarket data showed shrinking participation across NFTs, with fewer buyers, sellers and transactions signaling fading speculative interest. Non-fungible tokens (NFTs) extended their year-end slide in…
- Bitcoin ETFs lose $825M in five days as US becomes 'biggest seller' of BTCCointelegraph.com News - 10 hours agoBitcoin ETF performance remained negative on Christmas Eve as a short final US trading session produced another $175 million in net outflows. Bitcoin (BTC) institutional…
- Social engineering cost crypto billions in 2025: How to protect yourselfCointelegraph.com News - 12 hours agoCrypto hackers took social engineering to a whole other level this year, and advances in artificial intelligence mean scams are about to get even harder…
- Bitcoiners bullish over Elon Musk tipping ‘double-digit’ economic growthCointelegraph.com News - 12 hours agoElon Musk added that “triple-digit” economic growth could even be possible by 2030; however, some Bitcoiners worry about a 2026 bear market. The Bitcoin community…
- Crypto mergers and acquisitions hit record $8.6B in 2025: FTCointelegraph.com News - 12 hours agoThe number of crypto deals reportedly skyrocketed this year and hit a record total value of $8.6 billion, led by Coinbase’s record-breaking acquisition of Deribit.…
What is Ethereum?
Ethereum is a decentralized operating system. The platform introduced, in practice, the concept of "decentralized applications". Its founder, Vitalik Buterin, has been engaged in the development of blockchain and Bitcoin since its inception.
Today, several cryptocurrencies are issued in ICOs using Ethereum. These tokens are called ERC-20, and they are the foundation for running scripts in the Ethereum Virtual Machine. Through the development of "smart contracts", Ethereum made it possible to sign tokens that have a specific function besides being a medium of exchange and broadened the capabilities of blockchain "transactions".
Its key cryptocurrency is the Ether, which is usually used for payments in smart contracts or dApps. In addition, Ethereum is also fueled with GAS, a cryptocurrency associated with operations that require some kind of computation from its nodes. The GAS price is proportional to the type of the computational power required execute a task. Therefore, a fee in GAS is included to pay for the nodes running or authenticating a transaction.
Originally, Ethereum used proof-of-work to reach consensus. The Casper protocol, however, gradually shifted Ethereum consensus from PoW to a custom proof-of-stake protocol.
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