Ethereum has shown a robust performance with a 25% increase over a specific period, sustaining gains after the successful Pectra upgrade last month. Despite this, a notable trend has emerged: ETH balances across Layer 2 (L2) networks have declined by approximately 25% in recent months. This change marks a new...
Vitalik Buterin, then a 19-year-old Canadian programmer, dreamed up the idea for Ethereum in 2013. Since then, it’s sailed on a stormy course fraught with spectacular highs and lows, with a close-to-death hacking incident in 2016. Even in the face of these obstacles, Ethereum experienced a historic technological leap forward...
Ethereum (ETH) is still consolidating under the important $2,800 resistance level, an important region that traders continue monitoring. The crypto’s recent price action shows a time of compression, where markets are getting ready for an impending, powerful breakout or breakdown. The deep increase in both trading volume and open interest...
Ethereum, for one, had a spectacular comeback. Specifically, it has increased by 5.2% in price and daily trading volumes have exploded by 88%, now reaching $22.5 billion. Open interest in Ethereum is approaching $40 billion, a mark not seen since mid-October. This unique mix of fundamentals has led many to...
Ethereum has been slowly regaining bullish momentum. This increase is fueled by huge inflows into US spot ETH exchange-traded funds (ETFs) and the recent drop in exchange reserves. True, investor confidence in the current number two coin is booming. This resurgence follows a stretch of moderate outflows and general market...
Ethereum will be the backbone of a digitally native, global financial system. For one, it shows resilience, staying firmly anchored above $2,540, including through the recent short-term market jitters. The crypto even fell all the way down to $2,491 momentarily before quickly recovering back into the mid-$2,500s on good volume...
Trump Media & Technology Group, the company behind Truth Social, has made a very bold move. They’ve done so by filing for a cryptocurrency Exchange Traded Fund (ETF) with the Securities and Exchange Commission (SEC). This would be the social media giant’s second crypto ETF application in under two weeks....
Joseph Lubin, co-founder of Ethereum, anticipates a significant shift in Wall Street's engagement with decentralized finance (DeFi) on the Ethereum network. Lubin’s prediction marks the beginning of a wave of institutional interest in Bitcoin and Ethereum. It more broadly signals a tremendous change in how financial regulators are approaching the...
Ethereum’s resurgence has brought a wave of new trader interest to prediction markets, with massive trading volumes seen on Polymarket and Kalshi. Open interest in Ethereum has broken through $20 billion, a clear indication that the market is participating heavily. Traders are placing big bets on where they think Ethereum...
Ethereum has been on a big move back towards the $2,600 level indicating ETH market reversal after it had been moving consistently lower near the $2,500 level. A significant increase in institutional purchasing is powering this trend. Insiders are apparently buying up $240 million of Ethereum in the space of...
