ETH

$465,32 USD (3,51%)

0,06270610 BTC

Ethereum
Market Cap $46 921 924 608 USD / 6 310 773 BTC
Volume (24h) $1 492 329 984 USD / 200 711 BTC
Circulating Supply 100 837 976 ETH
Max Supply 0 ETH
Date Open High Low Close Volume Market Cap
2018-07-21 450,68 468,18 445,22 462,44 1.504.310.016 46.630.719.488
2018-07-20 469,31 469,31 443,69 450,78 1.821.030.016 45.445.783.552
2018-07-19 480,27 483,24 465,02 469,57 2.068.819.968 47.331.061.760
2018-07-18 500,84 513,10 473,76 480,63 2.373.639.936 48.435.744.768
2018-07-17 480,20 508,74 468,79 500,94 2.288.379.904 50.472.820.736
2018-07-16 450,14 480,66 446,80 480,66 1.858.680.064 48.419.024.896
2018-07-15 436,07 454,00 433,73 449,92 1.349.430.016 45.313.667.072
2018-07-14 434,51 439,33 431,52 436,31 1.236.280.064 43.933.646.848
2018-07-13 430,74 442,58 430,74 433,91 1.488.050.048 43.683.610.624
2018-07-12 445,86 445,87 423,28 430,24 1.498.220.032 43.305.406.464
2018-07-11 434,39 447,26 429,51 446,50 1.422.850.048 44.932.661.248
2018-07-10 475,89 478,04 433,96 434,52 1.789.309.952 43.717.398.528
2018-07-09 488,80 491,27 475,94 476,16 1.533.840.000 47.897.903.104
2018-07-08 492,07 503,55 488,18 489,12 1.344.560.000 49.191.161.856
2018-07-07 474,57 491,54 467,30 491,54 1.357.709.952 49.424.105.472
2018-07-06 474,86 480,19 457,61 474,01 1.627.609.984 47.652.425.728
2018-07-05 467,90 483,41 463,66 474,36 1.828.429.952 47.677.440.000
2018-07-04 464,93 481,44 455,05 467,29 1.550.329.984 46.957.277.184
2018-07-03 475,39 483,84 462,60 464,15 1.684.870.016 46.632.644.608
2018-07-02 454,34 479,68 447,11 475,63 1.625.650.048 47.776.272.384
2018-07-01 455,06 457,14 446,23 453,82 1.513.059.968 45.576.421.376
2018-06-30 437,73 460,23 437,73 455,24 1.475.800.064 45.709.529.088
2018-06-29 423,20 441,79 407,60 436,21 1.565.799.936 43.789.488.128
2018-06-28 442,29 443,62 419,68 422,59 1.362.109.952 42.413.408.256
2018-06-27 432,24 444,24 424,84 442,36 1.368.940.032 44.389.429.248
2018-06-26 460,73 461,21 434,07 432,77 1.356.560.000 43.417.899.008
2018-06-25 455,94 470,34 448,90 460,31 4.007.950.080 46.171.164.672
2018-06-24 474,77 475,36 426,47 457,67 2.490.579.968 45.897.154.560
2018-06-23 466,27 479,13 462,39 474,52 1.651.379.968 47.577.075.712
2018-06-22 527,19 527,19 456,88 465,82 2.226.030.080 46.694.858.752
2018-06-21 536,45 543,72 524,26 527,37 1.462.070.016 52.853.919.744
2018-06-20 538,51 541,02 519,37 536,27 1.596.290.048 53.735.034.880
2018-06-19 519,02 542,35 516,31 537,96 1.726.569.984 53.893.189.632
2018-06-18 499,38 521,80 494,07 518,89 1.513.869.952 51.972.517.888
2018-06-17 499,46 507,64 498,65 500,45 1.264.870.016 50.114.920.448
2018-06-16 490,41 503,22 488,85 499,64 1.314.109.952 50.024.017.920
2018-06-15 520,48 521,30 487,47 491,00 1.808.269.952 49.149.083.648
2018-06-14 478,38 523,54 467,47 519,74 2.458.650.112 52.015.067.136
2018-06-13 498,02 501,90 459,00 477,49 2.080.130.048 47.777.148.928
2018-06-12 532,71 538,96 491,23 496,84 1.932.760.064 49.702.985.728
2018-06-11 524,86 536,86 515,27 533,28 1.982.119.936 53.337.464.832
2018-06-10 594,34 594,34 511,89 526,48 2.234.880.000 52.645.883.904
2018-06-09 600,91 608,58 597,56 597,56 1.519.309.952 59.741.700.096
2018-06-08 605,44 608,81 595,59 601,08 1.637.779.968 60.080.607.232
2018-06-07 607,69 616,14 601,69 605,19 1.880.140.032 60.478.877.696
2018-06-06 610,26 611,64 596,40 607,12 1.756.530.048 60.659.843.072
2018-06-05 593,41 611,33 580,98 609,30 1.844.269.952 60.864.978.944
2018-06-04 619,44 623,43 583,75 592,98 1.903.430.016 59.222.872.064
2018-06-03 591,26 624,51 591,26 618,33 1.832.550.016 61.740.822.528
2018-06-02 580,43 597,08 577,32 591,81 1.880.390.016 59.080.880.128
2018-06-01 578,67 589,09 567,66 580,04 1.945.890.048 57.894.350.848
2018-05-31 558,50 585,54 557,07 577,65 1.985.040.000 57.643.139.072
2018-05-30 566,83 583,14 545,43 559,59 2.053.970.048 55.829.811.200
2018-05-29 516,15 572,26 516,15 565,39 2.330.820.096 56.396.587.008
2018-05-28 573,04 576,05 512,55 516,04 2.356.900.096 51.463.147.520
2018-05-27 588,52 590,33 562,87 572,67 1.788.790.016 57.099.071.488
2018-05-26 587,43 606,17 583,51 587,28 1.694.300.032 58.544.017.408
2018-05-25 602,14 617,19 575,62 586,73 2.110.919.936 58.477.441.024
2018-05-24 584,54 610,82 557,21 601,76 2.791.099.904 59.962.093.568
2018-05-23 646,67 651,64 572,95 583,59 2.995.429.888 58.139.668.480
2018-05-22 700,18 700,98 644,03 648,23 2.231.340.032 64.565.788.672
2018-05-21 717,19 719,28 692,49 699,22 2.005.170.048 69.631.033.344
2018-05-20 697,92 723,75 692,67 715,37 2.156.910.080 71.224.213.504
2018-05-19 695,07 715,58 686,79 696,53 2.021.549.952 69.334.147.072
2018-05-18 672,10 695,03 663,81 694,37 2.305.740.032 69.104.459.776
2018-05-17 708,72 718,83 668,83 672,66 2.350.619.904 66.929.938.432
2018-05-16 708,09 710,20 682,54 707,05 2.476.130.048 70.337.445.888
2018-05-15 731,14 739,05 700,99 708,87 2.523.069.952 70.504.112.128
2018-05-14 732,73 742,17 695,79 730,55 3.005.110.016 72.645.181.440
2018-05-13 687,17 741,31 675,32 733,50 2.362.500.096 72.923.275.264
2018-05-12 679,88 691,41 644,07 686,05 2.668.480.000 68.192.026.624
2018-05-11 727,01 736,98 669,83 679,59 3.290.080.000 67.535.704.064
2018-05-10 752,58 766,75 726,66 727,28 2.748.950.016 72.260.116.480
2018-05-09 752,90 759,53 718,47 752,28 2.877.870.080 74.728.439.808
2018-05-08 755,01 774,25 728,13 754,14 2.928.560.128 74.897.891.328
2018-05-07 793,34 795,76 710,18 753,72 4.316.120.064 74.841.653.248
2018-05-06 816,09 835,06 764,88 792,31 3.105.570.048 78.656.659.456
2018-05-05 784,58 827,46 784,24 816,12 3.035.040.000 81.003.446.272
2018-05-04 776,78 803,75 762,63 785,62 3.533.410.048 77.960.306.688
2018-05-03 686,59 784,34 686,59 779,54 4.210.939.904 77.340.835.840
2018-05-02 674,08 688,84 667,42 687,15 2.822.269.952 68.159.979.520
2018-05-01 670,46 674,40 637,54 673,61 2.678.960.128 66.803.232.768
2018-04-30 689,76 694,44 666,12 669,92 2.853.100.032 66.423.713.792
2018-04-29 683,91 697,76 670,51 689,40 2.737.570.048 68.340.539.392
2018-04-28 644,65 691,44 644,65 683,68 2.496.659.968 67.759.206.400
2018-04-27 662,11 684,87 647,03 647,03 2.598.129.920 64.114.106.368
2018-04-26 618,08 663,18 604,01 662,81 2.984.009.984 65.663.946.752
2018-04-25 707,06 707,06 600,21 615,42 4.216.140.032 60.955.967.488
2018-04-24 643,40 708,88 643,40 708,16 3.581.860.096 70.127.345.664
2018-04-23 621,20 646,70 621,03 642,55 2.386.830.080 63.617.019.904
2018-04-22 606,12 640,77 593,87 621,86 2.426.269.952 61.556.035.584
2018-04-21 616,00 621,89 578,55 605,40 2.612.460.032 59.913.830.400
2018-04-20 567,99 618,72 560,28 615,72 2.849.469.952 60.922.818.560
2018-04-19 524,04 567,89 523,26 567,89 2.256.869.888 56.178.774.016
2018-04-18 503,31 525,09 503,05 524,79 1.762.940.032 51.904.229.376
2018-04-17 511,14 518,03 502,56 502,89 1.760.359.936 49.728.520.192
2018-04-16 532,07 534,20 500,25 511,15 1.758.979.968 50.534.187.008
2018-04-15 502,88 531,70 502,88 531,70 1.726.089.984 52.555.419.648
2018-04-14 492,58 512,02 488,28 501,48 1.519.079.936 49.557.725.184
2018-04-13 493,16 526,47 482,66 492,73 2.419.249.920 48.683.659.264
2018-04-12 430,16 493,06 417,41 492,94 2.519.360.000 48.693.846.016
2018-04-11 415,02 430,54 412,47 430,54 1.439.040.000 42.521.042.944
2018-04-10 399,41 415,89 393,88 414,24 1.196.000.000 40.903.131.136
2018-04-09 400,86 429,25 390,61 398,53 1.478.390.016 39.343.017.984
2018-04-08 385,74 402,59 385,60 400,51 948.488.000 39.530.561.536
2018-04-07 370,38 393,06 369,94 385,31 951.475.008 38.023.057.408
2018-04-06 382,73 385,20 366,91 370,29 967.105.984 36.532.477.952
2018-04-05 379,95 387,72 369,82 383,23 1.210.680.064 37.802.008.576
2018-04-04 416,48 417,47 375,31 381,04 1.290.829.952 37.578.149.888
2018-04-03 387,31 418,97 383,53 416,89 1.363.399.936 41.105.281.024
2018-04-02 379,70 395,17 377,59 386,42 1.102.259.968 38.093.279.232
2018-04-01 397,25 400,53 363,80 379,61 1.256.930.048 37.413.408.768
2018-03-31 395,00 418,47 392,95 396,46 1.323.920.000 39.066.083.328
2018-03-30 385,90 409,93 368,63 394,64 1.878.130.048 38.879.465.472
2018-03-29 448,08 450,81 385,81 385,97 1.970.230.016 38.016.729.088
2018-03-28 450,29 466,21 444,86 446,28 1.514.179.968 43.948.072.960
2018-03-27 489,59 491,46 449,97 450,12 1.617.939.968 44.316.774.400
2018-03-26 524,29 526,38 470,44 489,95 1.638.880.000 48.228.843.520
2018-03-25 522,70 535,82 515,66 524,44 1.160.550.016 51.612.545.024
2018-03-23 539,86 540,49 512,13 539,62 1.596.349.952 53.084.905.472
2018-03-22 562,10 577,57 523,09 539,70 1.523.459.968 53.082.148.864
2018-03-21 559,10 589,61 550,57 561,73 1.781.270.016 55.237.390.336
2018-03-20 556,72 567,09 521,20 557,17 1.833.680.000 54.777.982.976
2018-03-19 546,63 558,10 519,12 556,73 2.046.790.016 54.722.473.984
2018-03-18 551,64 551,64 460,09 538,64 2.685.499.904 52.934.184.960
2018-03-17 601,68 609,15 549,10 552,78 1.267.810.048 54.312.034.304
2018-03-16 611,78 623,17 587,86 601,67 1.417.350.016 59.103.031.296
2018-03-15 614,84 620,62 579,51 611,30 1.770.460.032 60.037.234.688
2018-03-14 691,22 702,78 594,10 614,29 1.810.560.000 60.318.023.680
2018-03-13 698,15 713,73 682,35 690,83 1.425.959.936 67.819.094.016
2018-03-12 696,65 742,51 683,27 699,83 1.764.999.936 68.688.764.928
2018-03-11 685,31 735,83 668,12 723,34 1.562.680.064 70.981.345.280
2018-03-10 730,16 748,03 682,70 686,89 1.532.960.000 67.390.488.576
2018-03-09 698,25 729,16 648,11 728,92 2.233.019.904 71.498.735.616
2018-03-08 753,56 773,77 696,17 704,60 1.891.640.064 69.098.848.256
2018-03-07 816,27 825,61 726,55 752,83 2.175.419.904 73.813.917.696
2018-03-06 853,82 853,82 809,93 816,95 1.943.069.952 80.083.927.040
2018-03-05 866,85 869,92 853,52 853,68 1.898.489.984 83.667.345.408
2018-03-04 856,19 867,95 840,28 866,68 1.697.939.968 84.923.244.544
2018-03-03 856,71 868,45 855,21 857,22 1.699.369.984 83.979.649.024
2018-03-02 871,76 876,38 852,42 856,85 1.894.419.968 83.925.688.320
2018-03-01 856,01 880,30 851,92 872,20 1.868.519.936 85.410.824.192
2018-02-28 877,93 890,11 855,12 855,20 1.963.980.032 83.728.564.224
2018-02-27 870,36 896,26 867,10 878,27 2.053.980.032 85.968.789.504
2018-02-26 845,28 880,39 842,32 869,32 2.044.480.000 85.074.976.768
2018-02-25 839,46 853,15 822,38 844,81 1.646.960.000 82.659.606.528
2018-02-24 861,59 879,53 818,55 840,52 1.926.579.968 82.222.374.912
2018-02-23 811,59 886,32 794,79 864,19 2.334.820.096 84.520.566.784
2018-02-22 849,26 875,93 802,67 812,84 2.150.370.048 79.482.142.720
2018-02-21 894,14 912,38 830,56 849,97 2.531.729.920 83.095.085.056
2018-02-20 943,57 965,27 892,95 895,37 2.545.260.032 87.514.996.736
2018-02-19 921,67 957,78 921,55 943,86 2.169.019.904 92.235.644.928
2018-02-18 973,35 982,93 915,45 923,92 2.567.290.112 90.267.803.648
2018-02-17 944,75 976,59 940,75 974,11 2.525.720.064 95.151.955.968
2018-02-16 934,79 950,01 917,85 944,21 2.369.449.984 92.211.437.568
2018-02-15 923,73 951,95 911,11 936,98 2.900.100.096 91.485.863.936
2018-02-14 844,28 926,43 844,28 923,56 2.818.370.048 90.157.006.848
2018-02-13 869,29 870,71 828,84 845,26 2.081.170.048 82.496.192.512
2018-02-12 817,51 875,94 817,51 868,71 2.243.450.112 84.767.039.488
2018-02-11 859,29 859,29 788,22 814,66 2.486.650.112 79.476.514.816
2018-02-10 882,47 917,40 825,58 860,41 2.930.530.048 83.922.993.152
2018-02-09 818,48 884,00 788,83 883,86 2.495.820.032 86.191.923.200
2018-02-08 755,84 845,09 755,84 817,81 3.708.189.952 79.733.612.544
2018-02-07 790,43 851,20 723,43 757,07 3.896.179.968 73.796.288.512
2018-02-06 707,74 796,44 574,42 793,12 6.518.269.952 77.294.510.080
2018-02-05 834,96 856,65 644,60 697,95 4.269.530.112 68.005.285.888
2018-02-04 964,67 969,03 805,06 834,68 2.997.090.048 81.310.523.392
2018-02-03 919,21 991,94 847,69 964,02 3.243.480.064 93.890.297.856
2018-02-02 1.035,77 1.035,77 757,98 915,78 6.713.290.240 89.173.958.656
2018-02-01 1.119,37 1.161,35 984,82 1.036,79 5.261.680.128 100.935.352.320
2018-01-31 1.071,09 1.128,66 1.034,50 1.118,31 3.757.560.064 108.848.635.904
2018-01-30 1.084,73 1.184,63 1.058,97 1.071,13 4.107.859.968 104.234.483.712
2018-01-29 1.246,70 1.256,70 1.169,08 1.182,36 3.715.079.936 115.034.587.136
2018-01-28 1.111,78 1.257,77 1.111,78 1.246,01 5.372.329.984 121.201.614.848
2018-01-27 1.055,75 1.121,98 1.042,12 1.107,07 3.002.870.016 107.663.908.864
2018-01-26 1.052,70 1.080,60 996,78 1.055,17 3.617.690.112 102.595.010.560
2018-01-25 1.063,22 1.104,66 1.034,74 1.056,03 4.050.190.080 102.657.056.768
2018-01-24 987,48 1.062,44 965,81 1.058,78 3.944.039.936 102.902.841.344
Market Last Price Last Volume Last Volume Total Volume 24H Volume 24H Total

What is Ethereum?

Ethereum is an open source software platform that is similar to the blockchain technology that is used to develop, build and deploy decentralised applications. People assume it is a currency, which it is, bit it is more the technology that platforms can be built upon. Ethereum and Bitcoin share a common technology bit are very different in its purpose. Bitcoin is a peer-to-peer transaction of cash, whilst Ethereum is about running the programming code of decentralised applications.

If you imagine that one function of the internet is to store a massive amount of information – this is the equivalent of assuming that Blockchain is just about transacting currency. The internet has thousands of functions – as does the Blockchain technology and this is what Ethereum is hoping to leverage. Ethereum has opened the possible operations of the programming code of blockchain and therefore delimited its application.

The Ethereum innovation is the Ethereum Virtual Machine – a Turing complete software. This allows anyone to programme no matter the programming language – as long as they have enough time and memory.

One of the major functions of Ethereum is to set up a smart contract. This is computer coding that acts as a mechanism for transacting money, share, content, property, or indeed anything of value where security and privacy is important. The self-operating computer program will automatically execute when specific conditions are met and then the smart contract comes into effect. The blockchain runs without chance that it will suffer from downtime, fraud, interference or censorship – in other words – external control.

Miners of Ether – the bitcoin equivalent in Ethereum – do so to get a tradable currency, like Bitcoin miners – but also to use the token as a means of paying for transaction fees and services on the network. The tokens can also be used to set up an organisation that has no central control but instead is organised by voting rights. The tokens can be used to vote, rather than as a share or an item of currency. Therefore, if a group of people work together then people can buy more say in how this is done by acquiring more tokens.

The reason to run an organisation using tokens as votes are many. It is impossible for a third-party to make changes to the data. The system is based on a process of consensus, so censorship of an opinion is impossible. The cryptography makes it secure – and therefore protected against hacking and fraud. Finally, there is no downtime as the applications can never be switched off.

How is Ethereum’s value determined?

Ethereum’s value is more difficult to assess than the value of other cryptocurrencies. Ethereum’s value cannot really be assessed through the market cap – that is the number of tokens available multiplied by the price. This is because the value of Ethereum is intrinsic. What does this mean? Well, the value of a company needs to be assessed without reference to market value but instead to its fundamental value of future generated income.

As Ethereum uses the idea of the internet as a metaphor for the possibility of the blockchain technology for creating applications, then its value to future investors could be huge. Ethereum’s value must be assessed on how fundamental the technology is to change the way people build organisations and interact. It could even change the way we vote.

Attaching value to utility is difficult. It can be based on scarcity, as in the case of fine art. This is how Ethereum creates its value to some degree. It limits the tokens and creates demands and therefore creates value. This means assessing Ethereum’s value falls back on how many tokens are created and the price of these tokens.

How can you get hold of Ethereum?

The reason people buy Ethereum is naturally different to that of other cryptocurrencies. Ethereum has been used by companies as a means of transacting – as a mechanism of interacting rather than a way to transact money as such. Buying Ether is about functions of industry – making transactions between companies work. The Ether pays for the services and transaction costs that facilitates business.

However, this still means that the Ether has an intrinsic value as a token – or as an item of currency. Therefore, investors have assumed rightly that there is some point in buying the tokens and then selling them to people who want to use them. Therefore, you buy Ether’s the same way you buy other cryptocurrencies. You sign up to a wallet, you purchase other cryptocurrency that can then be exchanged online for an Ether. You would do this because people who are adopting the Ethereum applications would then come to you to buy your Ether to pay for their transactions.

This sounds a lot like you are investing in an idea or a company. However, the truth is you are still buying a currency – as there are no dividends and pay outs other than the hope that the tokens you buy will maintain value because others need them.

What can impact on Ethereum’s price?

Ethereum’s price, like other cryptocurrencies, rose massively last year. It is not at the level of Bitcoin – but Ethereum’s price certainly saw huge spikes. The reason for the rally in price is because the technology has been backed by a large number of corporate entities – including JP Morgan, Microsoft and Intel. As with anything, if there is the backing of trusted organisations, it builds trust and from there promotes confidence. Investors see that the technology is likely to gain strength and desirability and so Ethereum’s price rises.

There is worry, like with other currencies, that the Ethereum price rise will not be sustained. The interest is in open source technology and there is a lot of competition in this field. It is whether Ethereum can continue to be a scarce commodity in a crowded field.