Triangle Pattern Forms as Bulls Target $3,320
TLDR ETH is consolidating near $3,120 after a downside correction below $3,150 A contracting triangle pattern is forming with resistance...
Ethereum News
Ethereum (ETH) Shows Strength Following $3,441 Peak
TLDR ETH recently hit $3,441 before experiencing a correction Currently consolidating above $3,100 support level Technical indicators show price remains...
Ethereum (ETH) Price Action Shows Strong Momentum as Bulls Target $4,000 Level
TLDR ETH price surpassed $3,400, marking a new monthly high with a 35% increase in the past week Positive funding...
Ethereum Foundation Discloses $970M Assets in 2024 Financial Report
TLDR Ethereum Foundation holds $970.2M in assets as of October 2024, with $788.7M in crypto 99% of crypto holdings are...
Michigan State Pension Fund Allocates $10M to Ethereum Trust Holdings
TLDR Michigan State Pension Fund invested $10M in Grayscale’s Ethereum Trust (ETHE), now holding more ETH than BTC Investment includes...
Kraken Received $42Million in OP Tokens to Build Layer-2 Network on Optimism
Kraken is building a new Layer-2 network called Ink using Optimism’s OP Stack framework Optimism Foundation provided Kraken with 25M...
Consensys lays off 20% of its total workforce
Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as...
Ethereum (ETH) to $6k: Whales Are Loading Up, Is This The Calm Before The Storm?
TLDR: Ethereum is trading around $2,470, with recent 6.2% decline Critical support level identified at $2,400 within ascending channel pattern...
Ethereum (ETH) Price Stabilizes at $2,500 as Institutions Favor Bitcoin ETFs
TLDR: Ethereum’s price struggling to maintain $2,500 level with increasing bearish sentiment ETH underperforming compared to Bitcoin and Solana, with...
Ethereum ETH Price Surpasses $2,700 as Market Momentum Builds
TLDR Ethereum price is showing positive momentum above $2,650 A key bullish trend line is forming with support near $2,680...
Vitalik Buterin Outlines Ethereum’s Next Phase of Development
TLDR Vitalik Buterin outlined plans for Ethereum’s next phase called “The Surge” The goal is to increase transaction capacity to...
DeFi Leader Lido Finance Introduces stETH on Optimism Network
TLDR Lido Finance expands to Optimism, allowing stETH deployment on the layer-2 solution Users can benefit from daily staking rewards...
Vitalik Buterin Suggests Lowering Ethereum’s Entry Barrier for Validators
TLDR Vitalik Buterin proposes reducing Ethereum’s validator threshold from 32 ETH to 1 ETH The proposal aims to improve network...
Chinese Authorities’ Seized ETH from PlusToken Scheme Begins to Move
TLDR Approximately 7,000 ETH ($16.7 million) from PlusToken Ponzi scheme moved Movement suggests possible sale of $1.3 billion in seized...
Bitcoin ETFs See $18.58M Outflow, Ethereum Funds Follow Suit
TLDR: Bitcoin ETFs saw $18.58 million net outflows on October 8, 2024 Fidelity’s FBTC led outflows with $48.82 million BlackRock’s...
Ethereum Whales Acquire $66 Million in ETH Amid Price Decline
TLDR Ethereum whales “7 Siblings” bought 28,120 ETH worth $66 million ETH price dropped 4.5% in 24 hours, trading around...
Ethereum Card Game ‘Shardbound’ Enters Open Beta on Major Gaming Platforms
TLDR Shardbound, an Ethereum strategy card game, enters open beta on October 9 Available on Steam and Epic Games Store...
Ethereum Staking Yields Projected to Exceed US Rates by 2025
TLDR Ethereum staking yields expected to surpass US interest rates by mid-2025 Falling US rates and rising Ethereum transaction fees...
Solana’s Market Share Could Reach 50% of Ethereum’s, Analysts Suggest
TLDR Solana (SOL) price predicted to reach $330, potentially challenging Ethereum’s dominance SOL outperforms Ethereum in transactions, daily active users,...
Ethereum Whale Deposits $9.12M as Trading Volume Spikes 79%
TLDR Large Ethereum whale deposited 3,510 ETH ($9.12M) to Kraken after 2 years inactive Ethereum trading volume surged 79.30% to...
US spot Ethereum ETFs see largest daily outflows Since July
Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July. Grayscale’s ETHE recorded a...
Ethereum Foundation sells 300 ETH as price hits $2.5k
The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On...
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