Category: Ethereum

14
Aug
2024
Posted in Ethereum

The Arbitrum Community Will Soon Use ARB Staking

To provide the ARB token more usefulness and boost its onchain usage, the Arbitrum community is voting to start staking. After receiving permission, Arbitrum would produce a liquid staking token…

14
Aug
2024
Posted in Ethereum

Centered on intent Series A investment of $11 million is raised by Ethereum L2 Essential

In a Series A financing round headed by Archetype, Essential, an intent-centric Ethereum Layer 2 blockchain developer, raised $11 million. The Spartan Group, IOSG Ventures, Amber Group, Maven 11, and…

12
Aug
2024
Posted in Ethereum

For the First Time in Years, the Average Gas Prices for Ethereum Drop Below 1 Gwei

Because more transactions are being made on the layer-2 networks of the network, Ethereum gas fees have fallen to their lowest point in some years. Users may now transact on-chain…

07
Aug
2024
Posted in Ethereum

The growth of Ethereum Layer 2 is raising concerns about liquidity dispersion, according to an analyst

According to multiple observers, the spread of Layer 2 solutions on Ethereum ETH +1.13% is fracturing liquidity throughout the network. The Ethereum network’s array of Layer 2 solutions, which includes…

07
Aug
2024
Posted in Ethereum

Staking of Ethereum reaches 27.95% as liquid restaking techniques develop exponentially

At 27.95%, the percentage of the ETH +1.13% supply that was staked achieved a record high. This follows a small decline two weeks prior, on July 21, when it fell…

07
Aug
2024
Posted in Ethereum

According to Ethereum Layer 2 Turbo, 400,000 transactions can be processed in a second

Ethereum scaling solution: ETH + 1.04% At the Blockchain Application Stanford Summit on Tuesday, the team behind Turbo Protocol revealed the creation of a new blockchain that is purportedly able…

06
Aug
2024
Posted in Ethereum

Experts predict that the eight-month low in Ethereum pricing may take more time to rebound

A fall in all markets was brought on by Jump Trading’s ETH transfers, growing geopolitical tensions, and worries about the state of the global economy. On August 5, Ether ETH…

06
Aug
2024
Posted in Ethereum

Ethereum transaction volume surges in Layer 2 solutions, reaching a five-month low

Activity on Ethereum ETH +7.13% has been lulling. The seven-day moving average of the network’s transaction count settled at 1.12 million per day, a level not seen since February, marking…

05
Aug
2024
Posted in Ethereum

Ethereum Is Prepared To Support “Tens Of Millions” Of On-Chain Users, According To Vitalik

Vitalik Buterin, co-founder and chief scientist of Ethereum, thinks developers should focus on striking a balance between the needs of seasoned dApp users and web3 novices. The founder of Base,…

05
Aug
2024
Posted in Ethereum

New Ethereum addresses drops to its lowest point of the year

With the recent introduction of spot ether ETFs on the American stock market, the quantity of new Ethereum ETH -20.11% wallet addresses is at its lowest point of the year….

30
Jul
2024
Posted in Ethereum

Ether ETF withdrawals totaled $340 million during the first week of trading

Exchange-traded funds that track spot ether (ETH) experienced negative net flows during their first week of operation due to significant withdrawals from the market leader, Grayscale Ethereum Trust (ETHE), outpacing…

26
Jul
2024
Posted in Ethereum

Day 3 sees $152M in withdrawals from Ethereum Spot ETFs, while Grayscale ETHE loses $346M

According to SoSoValue data, on day three, the cumulative outflows from seven of the eight recently established spot Ether ETFs totaled $152m. The two best-performing ETFs, iShares Ethereum Trust ETF…

24
Jul
2024
Posted in Ethereum

Traders of Derivatives Are Buying ETH

Since exchange traded funds (ETFs) became live, the majority of traders on Ethereum, according to derivatives data, have been long on the cryptocurrency. Over 70% of ETH holdings currently bet…

24
Jul
2024
Posted in Ethereum

Spot Ethereum ETFs produce trading volume exceeding $1 billion on their first day of trade

It was Ethereum ETH -1.18%’s turn to steal the show, seven months after Bitcoin made its dramatic Wall Street debut. Spot Ethereum exchange-traded funds, which comprise nine distinct ETFs from…

23
Jul
2024
Posted in Ethereum

Tuesday saw the SEC approve spot Ethereum ETFs for trading

The registration forms for the Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust, as well as those from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco Galaxy, have…

22
Jul
2024
Posted in Ethereum

Fidelity is one of the five spot Ethereum ETFs that will debut on July 23, according to announcements from exchange Cboe

Exchange Cboe reports that spot Ethereum ETH +0.20% exchange-traded funds, which include funds from Fidelity and VanEck, will go live on July 23. Many of the proposed Ethereum ETFs will…

22
Jul
2024
Posted in Ethereum

Etherfuse, a tokenization platform, raises a seed round valued at $12.5 million

In a seed fundraising round, the tokenization platform for real-world assets (RWAs), Etherfuse, has raised $3 million. According to Etherfuse on Saturday, the financing was co-led by White Star Capital…

19
Jul
2024
Posted in Ethereum

Season 2 of Ether.Fi’s ETHFI Token Airdrop is now available

After claims went live for its Season 2, Ether.Fi, the largest liquid restaking protocol by total-value locked (TVL), is starting the third part of its airdrop. In the hours following…

18
Jul
2024
Posted in Ethereum

ETFs are looming and rewards are rising as Ethereum Staking Nears All-Time High

Days before spot Ethereum ETFs are anticipated to start trading in the US, the amount of Ethereum that is now staked within the network is almost at an all-time high…

18
Jul
2024
Posted in Ethereum

In the most recent wave of updated forms, BlackRock sets a 0.25% cost as companies get ready to introduce spot Ethereum ETFs

Ahead of its anticipated debut date next week, asset management behemoth BlackRock set its charge at 0.25% for its spot Ethereum product as companies file updated documents. BlackRock stated in…