ETH Stuck Below $2.4K Despite Wider Crypto Market Recovery
Key takeaways:A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest...
Ethereum News
Ethereum Whales Accumulate Aggressively as ETH Price Rises to $2.4K
Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory...
Linea Moves ZK Rollup Stack Under Linux Foundation Governance
Linea Consortium has joined Linux Foundation Decentralized Trust (LFDT) as a premier member and contributed the open-source zero-knowledge (ZK) rollup...
Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding...
Aave Challenges Law Firm’s Freeze on Kelp Exploit Ether
Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a...
Tom Lee Declares Crypto Spring as Bitmine Buys $238M ETH
TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The...
Law Firm Files Restraining Notice for Kelp Exploit ETH
A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit,...
Ethereum Foundation Offloads $23M in ETH to BitMine for Third Time in Two Months
The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH...
Ethereum Dip Warning: On-Chain Data and Technical Signals Point to More Downside Ahead
TLDR: Ethereum Exchange Supply Ratio has dropped to low levels, but price has not formed a matching bottom yet. Historical...
Bitmine Stakes $508M ETH in One Day, Now Controls 10.5% of Ethereum’s Total Staked Supply
TLDR: Bitmine staked $508.4M worth of ETH in a single day through six large transfers via Coinbase Prime. The firm...
These Data Points Suggest Ether Price Could Soon Rally to $3K
Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain...
Ethereum Bull Tom Lee Backs 3,000% ETH Upside Case
Fundstrat co-founder Tom Lee shared a "generational play" thesis for Ethereum that predicts 3,000% upside in Ether (ETH) price to...
LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M...
Ethereum Backers Commit 30,000 ETH to rsETH Recovery After Exploit
Consensys and Ethereum co-founder Joe Lubin have joined DeFi United, committing as much as 30,000 ETH to a recovery effort...
BitMine Expands ETH Holdings Despite $6.5B in Unrealized Losses
BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second...
Ethereum Bullish Divergence Signals Strong Buyer Demand as ETH Holds Near $2,300
TLDR: Ethereum’s Taker Buy Sell Ratio has reached its highest level since late January 2023 on all exchanges. ETH prices...
Ethereum Foundation Unstakes $48.9M in ETH Through Lido Finance
TLDR: The Ethereum Foundation deposited 811 wstETH into Lido’s withdrawal contract across 271 batched transactions. ETH held steady at $2,319...
Ethereum Price Eyes Breakout: Can ETH Reclaim $2.8K After Foundation Offloads 10K Coins?
TLDR: Ethereum price trades near $2,300 while holding above key $2,000 support during the early recovery phase Ethereum Foundation sold...
Ethereum Faces $2.4K Resistance as Foundation Sells 10K ETH in OTC Market Move
TLDR: Ethereum trades near $2.3K, staying below the weekly 200 MA and EMA, with $2.4K acting as key resistance. CryptosRus...
Ethereum Staking Surge: Grayscale and Bitmine Commit Nearly $500 Million
TLDR: Grayscale staked 102,400 ETH worth $237M via 32 transactions, bringing its net staking rewards to nearly $38 million. Bitmine...
EIP-8182 Proposes Native Private Transfers for Ethereum Protocol
TLDR: EIP-8182 proposes a shared shielded pool built directly into Ethereum as a native system contract. Fewer than 1 in...
MegaETH Activates First KPI, Starts MEGA Token Countdown
TLDR MegaETH activated its first KPI after 10 Mega Mafia apps went live on the network. The milestone triggered a...
