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Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now. Ethereum coindesk Despite these philosophical differences, Ethereum Classic and Ethereum work similarly. After all, Ethereum Classic is the original Ethereum blockchain.

Etherium price coindesk

The news appears to have injected some life into the Cardano (ADA) token, whose price rose slightly in the closing hours of Sunday. The coin jumped from $0.3597 at 20:40 GMT to $0.3698 forty minutes into the new day, Monday. Read more about Consensus Magazine

Protocol Village: Binance Enables Deposits, Withdrawals for Ethereum on zkSync Era

So the 18 million-plus ETH currently staked (worth about $33 billion) has not led to a torrent of sales. Loyal CoinDesk readers likely knew the “selling pressure” on ETH was overstated. As Amphibian Capital CEO James Hodges wrote on Monday, the vast majority of ETH validators were in the red leading up to the event, making it unlikely they’d cash out at a loss. Now that crypto prices are rising, led in particular by bitcoin, which broke the important $30,000 threshold this week, fortunes may reverse. Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase The governance token of Lido DAO (LDO) was also up 25% in the last 24 hours. The CoinDesk Market Index (CMI), a measure of crypto markets performance, was up 7.2%.

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©2023 CoinDesk Ethereum Market Stats After a brief flash of excitement after Grayscale won its case against the SEC, BTC ennui seems to be back, and we can largely blame the oil price.

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