Ethereum Price Surges as Whales Continue to Accumulate ETH amid ETF Approval Hopes
The newfound bullish trend has so far continued today across multiple timeframes, indicating a shift in market sentiment.
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.
The newfound bullish trend has so far continued today across multiple timeframes, indicating a shift in market sentiment.
Veteran market trader Peter Brandt is bearish on Ethereum as he slammed the coin’s high gas fee and complicated L2 terrain.
The Ethereum (Ether) staking market is undergoing a significant shift as Lido, a major player in the space, has seen its market share drop to 29.57%, down from 32% in December 2023.
Bush and Sigel also projected that there is a high chance that L2 networks generate significantly bigger revenues than the base Ethereum network.
Bitfinex, a Seychelles-based cryptocurrency exchange has expanded its product offerings to include volatility futures for Bitcoin (BTC) and Ethereum (ETH), giving users the opportunity to bet on expected price performance of the two leading digital assets.
The ongoing selloff witnessed in the Ethereum (ETH) market appears not to be stopping soon as huge VC withdrawals have been spotted.
Despite the recent downturn in the prices of several notable meme coins over the last 72 hours, the meme coin mania may not be over just yet.
This sudden bearish momentum has prompted analysts to reassess their predictions and shed light on what might be next for these digital assets.
The event scheduled quarterly comes at a time when the crypto market is experiencing a notable rally. In particular, BTC is hovering around $70,000, showing robust momentum with a 24-hour trading volume of $30.8 billion
Ethereum’s memory segments, known as “blobs”, are encountering storage issues due to excessive text or image storage, termed “Blobscriptions”. A staggering 40% of the blobs are currently occupied by inscriptions.
Ethereum now has more than 1 million validators, with more than 26% of Ether’s total supply currently staked in pools.
Despite recognizing the advantages of scope that large validators provide, Vitalik Buterin’s proposal attempts to strike a balance between this and the requirement for a decentralized and resilient network.
Vitalik Buterin, co-founder of Ethereum, talks about Farcaster, and people are calling for a return to X.
The positive sentiment is driven by the world’s largest assets manager firm BlackRock recently announcing its tokenized fund targeting Ethereum’s BUIDL products.
The delay by the US SEC on the VanEck spot Ether ETF coincides with reports about the agency investigating the Ethereum Foundation with claims of violating securities laws through its ICO.