Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
Coinbase said that the market is underestimating the odds and timings of a potential spot Ethereum ETF approval, thereby leaving sufficient space for upside surprises.
While Bitcoin appears relatively balanced between long and short positions, Ethereum price weakness has dampened market confidence.
The general interest in Bitcoin skyrocketed following the approval of eleven spot BTC ETFs in the United States in January this year. The lower chances of approval of a spot ETH ETF in the United States are not helping Ether’s case.
The upcoming final decision on the spot Ethereum ETF in the United States has further caused short-term fear in the altcoin industry.
Long-term holders seem reluctant to engage in mass selling at present ETH prices, even though many have already attained considerable profit margins.
Ethereum (ETH) price has established a solid support level around $2,972, which could yield a bullish rebound towards its all-time high soon.
Buterin identified some inherent challenges with this approach, especially as it has to do with efficiency losses.
Traders’ optimism concerning the Ethereum exchange-traded fund’s approval has dwindled, contributing to the coin’s turbulent price.
The Poloniex hacker has different crypto assets, led by Ethereum (ETH) and Tron (TRX), worth more than $181 million.
The drop in recent ETH burn has a direct impact on what used to be the deflationary nature of the Ethereum network.
Railgun researchers said that US regulators and prosecutors haven’t unleashed a crusade against crypto privacy protocols and were largely positive and genuinely interested in understanding developments in the broader crypto market.
Dutch authorities have made an arrest in connection to the recent scam around the relatively new crypto project ZKasino. The suspect’s detention has been extended for an additional 14 days.
On the 28th and 29th of April, the network witnessed the creation of 266.6K new wallets, marking the most substantial two-day surge in network expansion since October 8th and 9th, 2022.
The revelations come a few days after Consensys sued the US SEC for attempting to label Ethereum amid decreased odds of spot Ether ETF approval.
Santiment revealed that the average fee for transactions on the ETH network has been reduced to $1.12 per transaction