 Ethereum
Ethereum Ethereum
EthereumRank: # 2
Market Cap: $ 466,128,195,027
Volume (24hrs): $ 36,494,748,520
Circulating Supply: 120,697,956 ETH
Price in BTC: Ƀ 0.03509442
Change (1 Hr): 0.86%
Change (7 Days): -0.62%
Change (30 Days): -6.48%
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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- Nordic bank that once shunned crypto to soon offer a Bitcoin ETPCointelegraph.com News - 39 minutes agoNordea announced in 2018 that it would ban employees from buying and holding Bitcoin due to concerns that the crypto market was unregulated. Scandinavia’s largest…
- Revolut rolls out 1:1 USD-to-stablecoin swaps as fintechs warm to cryptoCointelegraph.com News - 1 hour agoRevolut has made on and off-ramping to crypto easier by removing fees, spreads and other costs, allowing users to convert USD and stablecoins at a…
- Saylor says Strategy unlikely to buy up rivals, as there’s too much uncertaintyCointelegraph.com News - 1 hour agoStrategy is unlikely to make deals to acquire its Bitcoin-buying rivals, with founder Michael Saylor saying it’s too risky. Strategy chairman Michael Saylor says his…
- Bitcoin not the ‘end goal,’ says Riot as BTC production jumps 27%Cointelegraph.com News - 2 hours agoRiot Platforms sees Bitcoin mining as a “means to an end,” planning to pivot its power resources to build a 1-gigawatt AI data center campus.…
- Coinbase CEO’s bizarre final words on Q3 call just paid off a lucky fewCointelegraph.com News - 3 hours agoCoinbase CEO Brian Armstrong rattled off a bunch of crypto buzzwords at the end of its Q3 earnings call — resolving all prediction market bets…
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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