The only thing that is holding up crypto market right now is $ETH and ETH/BTC. As soon as ETH/BTC breaks down, it's pretty much full on goblin town
Aug. 19, 2022, 12:12 a.m.
Nuke $ETH to $1700 than run it to $2200 and back to $1000 Please and thank you
Aug. 19, 2022, 12:03 a.m.
$ETHUSD - under water most of the day. see what asia does https://t.co/xNGYKy5BlQ
Aug. 18, 2022, 11:47 p.m.
On the other hand why would you want to buy $BTC when you can buy $ETH
Aug. 18, 2022, 11:29 p.m.
🔸What is a commodity, and what is a security? 🔸Are $BTC and $ETH commodities, and how are they different? 🔸The implications of the rise of digital commodities Answers will be given in a breakdown of commodities by @CMCAlexandria 👇 https://t.co/Nrh7HjqvAD
Aug. 18, 2022, 10:30 p.m.
Just going to invert the last period of $ETH price chop for the cheat code on what happens next. https://t.co/ZecjfhIZ1b
Aug. 18, 2022, 9:07 p.m.
Don’t discount the Merge! $ETH to the moon
Aug. 18, 2022, 8:21 p.m.
Fake #crypto #tether news @Tether_to $XRP $BTC $ETH @BlockFi https://t.co/ZvGwexVVWM
Aug. 18, 2022, 8:14 p.m.
$ETH what if it breaks... #ethereum #crypto #altcoins https://t.co/1oVVoLCDhA
Aug. 18, 2022, 8:08 p.m.
CME launching $ETH Options on September 12th $ETH Merge scheduled approximately September 15th Idk fam, I’m thinking early September is derisking time Thoughts?
Aug. 18, 2022, 7:42 p.m.
GM GUs 💀. Just woke up from a nap. → 1000 $ETH total volume reached; → 3K owners mark reached; → flipped Moonbirds, BAYC, and Punks. https://t.co/571nvCjcU6
Aug. 18, 2022, 7:42 p.m.
The Merge is probably one of the biggest events in the blockchain ecosystem ever, until now. Therefore, it's remarkable to get cheap investment opportunities on $ETH, and I think people underestimate the potential of $ETH compared with the valuation. Start investing.
Aug. 18, 2022, 6 p.m.
CEO @brian_armstrong would rather shut down @coinbase's $ETH staking service than comply with a government order to censor sanctioned transactions 🙅♂️ The exchange accounts for 14% of all staked $ETH, with more than 1.9M $ETH locked. 🔗: @aleks_gilbert https://t.co/xlpf0zk5wR
Aug. 18, 2022, 5:35 p.m.
.@Coinbase would rather quit the Ethereum staking business than censor the network to comply with sanctions, CEO @Brian_Armstrong suggested in a tweet responding to a developer. @baidakova reports $COIN $ETH https://t.co/NBva90Ufu6
Aug. 18, 2022, 4:46 p.m.
After the $ETH merge in September, do you think $ETH is trading above or below $2k? #Ethereum #TheMerge #Crypto
Aug. 18, 2022, 4:41 p.m.
$ETH lose 1820 approx n 1700s will b quick!! https://t.co/NsbFZHKJLE
Aug. 18, 2022, 4:31 p.m.
$ETHBTC - D1 If long, continuing to favour ETH over BTC as long as this daily and 0.076-0.077. https://t.co/8oyblbrBno
Aug. 18, 2022, 4:14 p.m.
On Aug 14, the variable interest rate for borrowing $ETH from @Aaveaave v2 climbed up to reach 2.90%, the highest rate since Feb 2021. The utilization rate of the ETH money market reached an all time high of 52%, which is the % of the pool that has been borrowed by other users. https://t.co/E0jy52bLIQ
Aug. 18, 2022, 4:02 p.m.
Check out @GenesisVol Mid-Week Wrap Up for all things $ETH merge!👇 https://t.co/MvHqMCicNG
Aug. 18, 2022, 3:34 p.m.
Me waiting for my $ETH bids to fill. https://t.co/rdiJHigpoN
Aug. 18, 2022, 3:23 p.m.
I’m glad $ETH & $XRP are fighting. It’s really good for people in crypto to see us all right all the time. Reflects very well.
Aug. 18, 2022, 3:21 p.m.
Head over to Binance Earn Live tomorrow for a Q&A session where our team covers all you need to know about $ETH 2.0 and the merge. 🗓️ August 19, 2022. ⏰ 16:00 UTC. Tune-in as there will be 500 #BUSD in vouchers up for grabs! Set reminder ➡️ https://t.co/imhD0Buu4x https://t.co/QmQwKCShFr
Aug. 18, 2022, 2:48 p.m.
$ETH finding resistance at 1H 200EMA & Monday low Doesn't look great tbh - but if we see a clean break above Monday low & hold.... can see a squeeze to weekly open shortly after https://t.co/02BwmS7scW
Aug. 18, 2022, 12:37 p.m.
⚡ $ETH is currently sitting at $1850 at the time of writing with a 2.6% decrease in the past 24 hours. 🔥 Phantom, a popular Solana wallet, introduced NFT burning and improved phishing alerts to fight wallet spam. 👉 Read more here: https://t.co/8goNpucmh1 https://t.co/FM4YVsqDmU
Aug. 18, 2022, noon
Love or hate $ETH don’t fade this merge. It’s one of the biggest events in crypto history IMO. What price does who knows? Should pump but may not anytime soon. But doubtful it doesn’t have a nice pump sometime around this.
Aug. 18, 2022, 11:12 a.m.
Fuck it $ETH to 3k before 2023 https://t.co/5dnkHjHu5x
Aug. 18, 2022, 8:16 a.m.
Canada is now imposing net buy limits of $30,000 per year for all Crypto except: - $BTC - $ETH - $LTC - $BCH Imagine buying a $25k bag of $SOL, price rallies +30%, and now you got an officer at your door telling you to liquidate... LOL Absolute joke imo... #BTC #Bitcoin #ETH https://t.co/hl7dMMyrqU
Aug. 18, 2022, 4:25 a.m.
$ETH 🤌🤌 https://t.co/H61FiMWgdI
Aug. 18, 2022, 3:50 a.m.
New #ETH trading pairs are now available in the https://t.co/vCNztATkNg App! 📈 Trade $ETH with $ENS, $LDO, $MKR and $BAT now! Get the App 👉 https://t.co/iIoKFVnKVQ https://t.co/S8HLCGuEdz
Aug. 18, 2022, 3:30 a.m.
Part of the reason why it’s much easier to be bullish on $ETH is because you have (for now, Inshallah forever) an ideologically aligned leader at the helm that is generally regarded as one of the most forward thinkers in the space. Ethereum doesn’t do crazy really.
Aug. 18, 2022, 12:30 a.m.
$ETH Not taking the trade because I don't care, but ETH looks ready to correct down to ~$1650. Not bearish, just a simple retrace. Would meet the 200 MA there and strong demand. Head and shoulders is a meme, but it's there. Neckline retest as resistance happened. https://t.co/fizUzdHJ2t
Aug. 17, 2022, 11:05 p.m.
Update $ETH 📌 https://t.co/Su2KXoQlhf
Aug. 17, 2022, 10:59 p.m.
I'm still in the $ETH trade.. I didn't long the top.. I'm still looking to accumulate $SPY puts if we rally up again on ES.. Don't read too much into these lmao, I'm just giving some "words of wisdom" as I like to call them bc my trades are HTF focused atm rather than LTF. bored
Aug. 17, 2022, 10:51 p.m.
.@Coinbase would rather shut down their $ETH staking operation rather than be coerced into censoring transactions at the protocol level Hopefully it never comes to that, but this is a good reinforcement of the ecosystem’s ideals Hopefully more than just words
Aug. 17, 2022, 10:07 p.m.
Took some off before but still holding the rest. Watching 1.77- 1.8k $ETH https://t.co/Znfr9Q3SXH
Aug. 17, 2022, 8:42 p.m.
$AZERO will need to prove itself before it can join the ranks of $ETH, $AVAX & $NEAR.. But when it does.. the world will see what an undervalued powerhouse $AZERO is https://t.co/2veJcyJ0yQ
Aug. 17, 2022, 7:59 p.m.
The tougher $ETH bulls is trying to hold these levels, the harder the crash
Aug. 17, 2022, 7:36 p.m.
$ETH Moving like clockwork. With everything going on with the Chinese Govt, and their housing market on the brink of collapsing, don't rush your entry. With volume drying up, and the 50MA barely holding, I think we're going to see a retest of 200MA or even cheaper. NFI. https://t.co/JaLSBA2qD2
Aug. 17, 2022, 4:38 p.m.
Hmm, who's trolling my $ETH short hedge right about now? Weird. ✍️⌚
Aug. 17, 2022, 4:12 p.m.
$ETH approaching $2k https://t.co/fiqw7OXpfU
Aug. 17, 2022, 4:10 p.m.
Lets be completely honest 'Longing' $ETH here is a good setup https://t.co/BDbA8LKYmz
Aug. 17, 2022, 3:21 p.m.
Would love something like this on $ETH Chop around this major S/R level before some continuation higher https://t.co/Gyz6Xj5Mqa
Aug. 17, 2022, 3:20 p.m.
TOP-15 COINS BY TRENDING SEARCH ON @BINANCE! $BNB #BNB $BTC #BTC $ETH #ETH $SOL $SHIB $MATIC $ADA $DOT $AVAX #AVAX $DOGE #DOGE $FTM $SLP $BOND $TRX #TRON $GMT https://t.co/GwEKKlDbPw
Aug. 17, 2022, 3:17 p.m.
Looky looky SPX unable to break important level on the long term daily signal for $BTC and $ETH pullbacks here Keep an eye on it https://t.co/osfwiVnn6J
Aug. 17, 2022, 3:15 p.m.
🚨 BREAKING: About #ETHEREUM that none the top minds (influencers) of Twitter aren't telling you! Don't be fooled! $ETH #merge isn't really going to "fix" anything Right from the Sauce 👇 https://t.co/l3ryjZaGn4 https://t.co/HuIJIgP1Bn
Aug. 17, 2022, 2:58 p.m.
Is $ETH going parabolic before the merge? If bulls wanna continue to control the rally they have to make a move here imo. https://t.co/cBSw8OaFHY https://t.co/eJPKW7ecdM
Aug. 17, 2022, 2:27 p.m.
as long as $ETH keeps support above 1.7k we are paying rent this month. https://t.co/BP9qct2Epc
Aug. 17, 2022, 2:17 p.m.
$ETH bull case - The merge looking likely for September - ETH becomes deflationary - Alternate L1s narrative dead - L2s working and growing fast - Institutions and big players buying
Aug. 17, 2022, 1:45 p.m.
Lot's of takes on price + correlation but the real value in my opinion is understanding the *rapidly* changing market structure. More or less anytime $ETH went up, correlation came off significantly for $BTC <> $SPX. This isn't surprising. https://t.co/VOidtwRNvu
Aug. 17, 2022, 10:26 a.m.
What are your 2023 predictions? $BTC: $50,000 $ETH: $2,000 #Altcoins:________ #Crypto #BTC #ETH
Aug. 17, 2022, 9:30 a.m.
Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.
The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.
Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.Who Are the Founders of Ethereum?
Ethereum has a total of eight co-founders — an unusually large number for a crypto project. They first met on June 7, 2014, in Zug, Switzerland.Russian-Canadian Vitalik Buterin is perhaps the best known of the bunch. He authored the original white paper that first described Ethereum in 2013 and still works on improving the platform to this day. Prior to ETH, Buterin co-founded and wrote for the Bitcoin Magazine news website. British programmer Gavin Wood is arguably the second most important co-founder of ETH, as he coded the first technical implementation of Ethereum in the C++ programming language, proposed Ethereum’s native programming language Solidity and was the first chief technology officer of the Ethereum Foundation. Before Ethereum, Wood was a research scientist at Microsoft. Afterward, he moved on to establish the Web3 Foundation.
Among the other co-founders of Ethereum are: - Anthony Di Iorio, who underwrote the project during its early stage of development. - Charles Hoskinson, who played the principal role in establishing the Swiss-based Ethereum Foundation and its legal framework. - Mihai Alisie, who provided assistance in establishing the Ethereum Foundation. - Joseph Lubin, a Canadian entrepreneur, who, like Di Iorio, has helped fund Ethereum during its early days, and later founded an incubator for startups based on ETH called ConsenSys. - Amir Chetrit, who helped co-found Ethereum but stepped away from it early into the development.What Makes Ethereum Unique?
Ethereum has pioneered the concept of a blockchain smart contract platform. Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet. They were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability.
Ethereum’s principal innovation was designing a platform that allowed it to execute smart contracts using the blockchain, which further reinforces the already existing benefits of smart contract technology. Ethereum’s blockchain was designed, according to co-founder Gavin Wood, as a sort of “one computer for the entire planet,” theoretically able to make any program more robust, censorship-resistant and less prone to fraud by running it on a globally distributed network of public nodes.
In addition to smart contracts, Ethereum’s blockchain is able to host other cryptocurrencies, called “tokens,” through the use of its ERC-20 compatibility standard. In fact, this has been the most common use for the ETH platform so far: to date, more than 280,000 ERC-20-compliant tokens have been launched. Over 40 of these make the top-100 cryptocurrencies by market capitalization, for example, USDT, LINK and BNB. Since the emergence of Play2Earn games, there has been a substantial increase in interest in the ETH to PHP price.Ethereum London Hard Fork
The Ethereum network has been plagued with high transaction fees, often buckling at seasons of high demand. In May 2021, the average transaction fee of the network peaked at $71.72.
In addition to the high cost of transactions, the leading altcoin also suffers from scalability issues.
As already mentioned, there are plans to transition to a proof-of-stake algorithm in order to boost the platform’s scalability and add a number of new features. The development team has already begun the transition process to ETH 2.0, implementing some upgrades along the way, including the London hard fork.
The London upgrade went live in August 2021. It included five Ethereum Improvement Proposals (EIPs), namely EIP-3529, EIP-3198, EIP-3541, and most notably EIP-1559 and EIP-3554.
EIP-1559 is arguably the most popular upgrade out of all the EIPs.What Is EIP-1559?
The EIP-1559 upgrade introduces a mechanism that changes the way gas fees are estimated on the Ethereum blockchain. Before the upgrade, users had to participate in an open auction for their transactions to be picked up by a miner. This process is known as a “first-price auction,” and as expected, the highest bidder wins.
With EIP-1559, this process is handled by an automated bidding system, and there is a set “base fee” for transactions to be included in the next block. This fee varies based on how congested the network is. Furthermore, users who wish to speed up their transactions can pay a “priority fee” to a miner for faster inclusion.
EIP-1559 also introduces a fee-burning mechanism. A part of every transaction fee (the base fee) is burned and removed out of circulation. This is intended to lower the circulating supply of Ether and potentially increase the value of the token over time.
Interestingly, less than two months after the London upgrade was implemented, the network had burned over $1 billion worth of Ether.Related Pages:
New to crypto? Learn how to buy Bitcoin today.
Want to keep track of Ethereum price live? Download the CoinMarketCap mobile app!
Want to look up a transaction? Visit our block explorer.
Curious about the crypto space? Read our educational section — Alexandria.How Many Ethereum (ETH) Coins Are There In Circulation?
In September 2021, there were around 117.5 million ETH coins in circulation, 72 million of which were issued in the genesis block — the first ever block on the Ethereum blockchain. Of these 72 million, 60 million were allocated to the initial contributors to the 2014 crowd sale that funded the project, and 12 million were given to the development fund.
The remaining amount has been issued in the form of block rewards to the miners on the Ethereum network. The original reward in 2015 was 5 ETH per block, which later went down to 3 ETH in late 2017 and then to 2 ETH in early 2019. The average time it takes to mine an Ethereum block is around 13-15 seconds.
In the August 2021 Ethereum network upgrade, the London hard fork contained the Ethereum Improvement Protocol, EIP-1559. Instead of the first-price auction mechanism where the highest bidder wins, EIP-1559 introduces a “base fee” for transactions to be included in the next block. Users that want to have their transaction prioritized can pay a “tip” or “priority fee” to miners. As the base fee adjusts dynamically with transaction activity, this reduces the volatility of Ethereum gas fees, although it does not reduce the price, which is notoriously high during peak congestion on the network.
One of the major differences between Bitcoin and Ethereum’s economics is that the latter is not deflationary, i.e. its total supply is not limited. Ethereum’s developers justify this by not wanting to have a “fixed security budget” for the network. Being able to adjust ETH’s issuance rate via consensus allows the network to maintain the minimum issuance needed for adequate security.
With the introduction of EIP-1559 however, the base fees used in transactions are burned, removing the ETH from circulation. This means higher activity on the network would lead to more ETH burned, and the decreasing supply should lead to appreciation of Ethereum price, all things equal. This has the potential to make Ethereum deflationary, something ETH holders are excited about — a potential appreciation in Ethereum price today.How Is the Ethereum Network Secured?
As of August 2020, Ethereum is secured via the Ethash proof-of-work algorithm, belonging to the Keccak family of hash functions.
There are plans, however, to transition the network to a proof-of-stake algorithm tied to the major Ethereum 2.0 update, which launched in late 2020.
After the Ethereum 2.0 Beacon Chain (Phase 0) went live in the beginning of December 2020, it became possible to begin staking on the Ethereum 2.0 network. An Ethereum stake is when you deposit ETH (32 ETH is required to activate validator software) on Ethereum 2.0 by sending it to a deposit contract, thus helping to secure the network by storing data, processing transactions and adding new blocks to the blockchain. At the time of writing in mid-September 2021, the Ethereum price now for 32 Ether is roughly $116,029. The amount of money earned by Ethereum validators right now is a return of 6% APR, which equates to around 1.91952 ETH, or $6960 in Ethereum price today. This number will change as the network develops and the amount of stakers (validators) increase.
Ethereum staking rewards are determined by a distribution curve (the participation and average percent of stakers): some ETH 2.0 staking rewards were at 20% for early stakers, but will be lowered to end up between 7% and 4.5% annually.
The minimum requirements for an Ethereum stake are 32 ETH. If you decide to stake in Ethereum 2.0, it means that your Ethererum stake will be locked up on the network for months, if not years, in the future until the Ethereum 2.0 upgrade is completed.Where Can You Buy Ethereum (ETH)?
Given the fact that Ethereum is the second-largest cryptocurrency after Bitcoin, it is possible to buy Ethereum, or use ETH trading pairs on nearly all of the major crypto exchanges. Some of the largest markets include:Binance Coinbase Pro OKEx Kraken Huobi Global
To check Ethereum price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Ethereum currency page. Alternatively, use the dedicated exchange rate converter page. Popular Ethereum price pairs include: ETH/USD, ETH/GBP, ETH/AUD and ETH/JPY.