Source: ETHUSD Chart by TradingView
Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications. Vitalik Buterin is the creator of Ethereum.
Using Ethereum, you can build apps and organizations, hold assets, transact and communicate without being controlled by anyone. When you use Ethereum, you don’t have to share all your personal information – you control what is shared with whom. The Ethereum network uses its own cryptocurrency, Ether, to pay for certain activities.
OpenSea’s Ethereum gas usage has declined to almost zero
OpenSea’s Ethereum NFTs trading volume has declined for five consecutive months, according to dune analytics data.
November was the second worst month for Bitcoin, fourth worst for Ethereum
Bitcoin and Ethereum experienced one of their worst months in 2022 in the just concluded November.
CFTC Chair Rostin Behnam snubs Ethereum, claims only Bitcoin is a commodity
In an apparent U-turn on Ethereum's commodity status, the CFTC Chair said only Bitcoin fits the description of a commodity.
Ethereum accumulation trend hits new highs following FTX implosion
CryptoSlate's analysis of Glassnode data shows that whales, sharks and even shrimps have been accumulating Ethereum at an aggressive rate.
CryptoSlate Wrapped Daily: Ethereum losses deflationary gains; Andre Cronje reveals how DeFi saved Fantom
Andre Cronje said that Fantom invested about $4 million into DeFi yields and grew its treasury to over $51 million in 2021, crypto exchanges dismiss growing insolvency rumors post-FTX fallout, and much more in this edition of CryptoSlate Wrapped Daily.
1 ETH = $0.31 USD
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