Ethereum price surges above $4,000 but overshadowed by dogecoin buzz. What is Ether?

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

For many blockchain enthusiasts, the rise of Ether is a significant development that is driven by the growing importance of the world’s second-largest crypto on the planet ... behind bitcoin:

Ether prices on the Ethereum blockchain have been steadily and quietly carving out new highs as buzz in the crypto has centered predominantly on the fervor around more speculative assets like dogecoin DOGEUSD, -15.96% in recent weeks.

Miners are the record-keepers on blockchains like bitcoin and Ether and they are rewarded with coins for their efforts. DeFi are applications and services that can facilitate borrowing, lending and trading crypto assets without an intermediary. It is seen as a possible threat to traditional financial markets, or as an application that could be more readily used to enhance buying, selling and lending on Wall Street.

“ETH uses blockchain not only for payments but also for storing computer code which can have many real-world applications,” he wrote.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amuzing

🙄

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.