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See the live Ethereum price UK. Buy Ethereum in the UK or add it to your Crypto Strategy.

Ethereum

ETH

ETH to GBP Price

£2,386.81

Ethereum Market Cap

£286.59B

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ETH GBP price chart / performance

ETH GBP price chart / performance

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From
Apr 11, 2024
To
Apr 18, 2024

Strategies with ETH

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Returns

Returns

Return (24h)
-3.60%
Return (7D)
-16.52%
Return (1M)
-16.17%
Return (1Y)
+40.83%

My Investment

My Investment

Profit Taken
£0.00
0.00%
You Have:
Unrealised P/L
£0.00
0.00%

Ethereum (ETH) History and Overview

Ethereum (ETH) History and Overview

Ethereum is a decentralized software platform that uses blockchain technology, commonly referred to as its native cryptocurrency, Ether or Ethereum crypto. Anyone can access and utilize secure digital technology using Ethereum. The live Ethereum to GBP conversion is £ 2,384.59.

With the ETH crypto token, users can pay for work that helps support the Ethereum blockchain. They can also use it to buy services, physical items, or trade it for regular money. Developers like to use ETH to make new and secure technology that makes our everyday lives better.

Bitcoin has a limit of 21 million coins, but Ethereum initially didn't have a maximum supply. Vitalik Buterin decided on this to make a network with endless coins, providing more room for growth and flexibility. Currenlty, the amount of eth in circulating supply is 120.26M coins.

Ethereum first shared its coins during a big sale in 2015, creating about 72 million coins right at the start. People spent these coins in various ways, such as funding Ethereum's development and rewarding the miners who verify transactions.

Ethereum is interesting because developers can make apps which can imrpove various industries. It also uses smart contracts, which are essential for creating decentralized apps (dApps) that people use in IT and finance.

Key points to remember:

  • Ethereum is more than just a digital asset; it's a platform for decentralized applications.
  • In September 2022, Ethereum made a big change to work faster and be better for the environment. It switched from using a proof-of-work method to a proof-of-stake method.
  • As the go-to platform for innovations like DeFi, NFTs, and DAOs, Ethereum is shaping various industries and daily activities.

How Does Ethereum Work?

Vitalik Buterin created Ethereum with the help of Joe Lubin. They first shared their detailed plans in 2014, and Ethereum was up and running in 2015. It differs from Bitcoin because it is built to be flexible and handle growth. As such it is the ideal platform for all kinds of decentralized apps (dApps).

Proof-of-Stake Mechanism

This system uses complex algorithms to agree on network transactions and keep everything secure. To be a validator and help create and check blocks, users need to stake ETH. If they do something wrong, there are penalties to keep everyone honest and the network safe.

Wallets and Transactions

Digital wallets represent ether ownership. Users have private keys (not the currency itself) which they need to make transactions on the Ethereum network.

Decentralized Autonomous Organizations (DAOs)

Thanks to Ethereum’s smart contracts, we have DAOs. These offer a clear and democratic way to make decisions in decentralized networks.

The current price of 1 ETH in GBP is £ 2,384.59.

How To Buy Ethereum or Add it to your Strategy

The fastest, most convenient way to purchase Ethereum is to purchase it on ICONOMI. We check Ethereum live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Ethereum by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Ethereum is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Ethereum, we recommend you read the next section, as copying might be a better approach.

Add Ethereum to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Ethereum in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Ethereum ETH. See all Ethereum price predictions in real time and make the best use of their crypto knowledge.

Diversitas
17 Apr, 2024

2/5


Over the past few days, we saw a lot of bearish comments and overall negative sentiment towards $BTC and $ETH. The crowd tends to be wrong and the market is moving in the opposite direction of their expectations. It looks like things won’t be any different this time around😉

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15 people like this
TitaniumStrategy
16 Apr, 2024

Hong Kong has granted preliminary approval for the first Bitcoin ($BTC) and Ethereum ($ETH) ETFs. This upward trend signals optimism, and we are bullish on its potential. 


Check out the following link 👉 LINK


We would like to highlight that this Friday marks the long awaited Bitcoin halving event! This is an event that theoretically leads to price surges by halving the production of new Bitcoin.


The whole market has plummeted, but it's important to note our bullish outlook. Many altcoins faced liquidation following the news of the Israel-Iran conflict breaking in the media. 


Check out the following link 👉 LINK


In the past few days, we've observed a healthy correction. Nevertheless, we anticipate a price surge in $JASMY by week's end. Stay optimistic, this correction appears to be minor.

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3 people like this
TITANIUM BASIC
16 Apr, 2024

Hongkong je izdal predhodno dovoljenje za prvi ETF za bitcoin ($BTC) in ethereum ($ETH). Ta trend rasti kaže na optimizem, zato smo optimistični glede njegovega potenciala.  📈


Oglejte si naslednjo povezavo 👉 LINK


Radi bi poudarili, da ta petek zaznamuje dolgo pričakovani dogodek razpolovitve Bitcoina! To je dogodek, ki zgodovinsko gledano vodi v dvig cen, saj se proizvodnja novih bitcoinov prepolovi.


Celoten trg je doživel popravek, vendar je pomembno omeniti naše optimistične (bikovske) napovedi. Številni altcoini so se soočili z likvidacijo, potem ko je v medijih izbruhnila novica o sporu med Izraelom in Iranom. 


Oglejte si naslednjo povezavo 👉 LINK


Ne smemo pozabiti, da so popravki naravni del vsakega "bikovega" trga.  Zagotavljajo zdrava obdobja konsolidacije, ki trgu omogočajo ponovno vzpostavitev ravnovesja in preprečujejo nastanek nevzdržnih balonov.

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4 people like this
TITANIUM SKYHIGH
16 Apr, 2024

Hongkong je izdal predhodno dovoljenje za prvi ETF za bitcoin ($BTC) in ethereum ($ETH). Ta trend rasti kaže na optimizem, zato smo optimistični glede njegovega potenciala.  📈


Oglejte si naslednjo povezavo 👉 LINK


Radi bi poudarili, da ta petek zaznamuje dolgo pričakovani dogodek razpolovitve Bitcoina! To je dogodek, ki zgodovinsko gledano vodi v dvig cen, saj se proizvodnja novih bitcoinov prepolovi.


Celoten trg je doživel popravek, vendar je pomembno omeniti naše optimistične (bikovske) napovedi. Številni altcoini so se soočili z likvidacijo,

potem ko je v medijih izbruhnila novica o sporu med Izraelom in Iranom. 


Oglejte si naslednjo povezavo 👉 LINK


Vidimo, da je ta korekcija najbolj prizadela $GALA A in THE SANDBOX, zato v prihodnjih dneh pričakujemo pozitiven vzpon. Zdaj je čas, da držimo in počakamo.

3 people like this
TITANIUM CRYPTO
16 Apr, 2024

Hongkong je izdal predhodno dovoljenje za prvi ETF za bitcoin ($BTC) in ethereum ($ETH). Ta trend rasti kaže na optimizem, zato smo optimistični glede njegovega potenciala.  📈


Oglejte si naslednjo povezavo 👉 LINK


Radi bi poudarili, da ta petek zaznamuje dolgo pričakovani dogodek razpolovitve Bitcoina! To je dogodek, ki zgodovinsko gledano vodi v dvig cen, saj se proizvodnja novih bitcoinov prepolovi.


Celoten trg je doživel popravek, vendar je pomembno omeniti naše optimistične (bikovske) napovedi. Številni altcoini so se soočili z likvidacijo, potem ko je v medijih izbruhnila novica o sporu med Izraelom in Iranom. 


Oglejte si naslednjo povezavo 👉 LINK


Kljub padcu, ki je prizadel preostanek portfelja, je token $RENDER doživel najmanjši padec. Medtem ko je naš splošni korekcijski popravek na trgu, je pomembno opozoriti na naše "bikovske" napovedi. V prihodnjih dneh pričakujemo pozitiven vzpon. 🐂

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2 people like this

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Ethereum Price FAQ

What Is the Highest Price of Ethereum in GBP?

Ethereum price UK history shows the highest value of 3,536.58 GBP . We recorded this price on November 9, 2021, but we cannot exclude that a higher price was registered before February 17, 2017.

What Is the Lowest Price of Ethereum in GBP?
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What Is the Current Ethereum Price UK in GBP?
Is Ethereum a good investment?