Ethereum
EthereumRank: # 2
Market Cap: $ 298,626,614,342
Volume (24hrs): $ 16,184,186,482
Circulating Supply: 122,056,010 ETH
Price in BTC: Ƀ 0.03198842
Change (1 Hr): 0.20%
Change (7 Days): -1.70%
Change (30 Days): 28.80%
All Time High: $ 4,946.05
All Time High Date: August 24, 2025
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Ethereum Coverter:
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- CLARITY Act could get another shot during lame-duck session, policy advocate saysCointelegraph.com News - 11 hours agoDigital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the…
- Here’s what happened in crypto todayCointelegraph.com News - 12 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and…
- UK FCA sets crypto authorization guidance ahead of September application windowCointelegraph.com News - 12 hours agoThe FCA’s new guidance outlines which crypto activities may require authorization as firms prepare for the UK’s incoming digital asset regulatory regime.The UK Financial Conduct…
- US House tax committee advances crypto tax overhaul in 38–5 voteCointelegraph.com News - 13 hours agoA bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset transactions. The US House…
- Anchorage expands institutional custody to Etherlink, tokenized uraniumCointelegraph.com News - 15 hours agoAnchorage Digital Bank added custody support for Etherlink and several Etherlink-based assets, including xU3O8, a token representing physical uranium.Anchorage Digital Bank, the first federally chartered…
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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