Ethereum

The Ethereum-to-Bitcoin ratio hit a 14-month low as major token holders, including Ethereum co-founder Vitalik Buterin, moved significant amounts of coins to crypto exchanges, possibly as a prelude to selling. Data from TradingView showed that ETH-BTC fell to around 0.0602 on Wednesday, the lowest reading since July. The recent decline supports some market analysts’ bearish […]

Grayscale Inve­stments has reportedly made­ a second request for an e­xchange-traded fund (ETF) focused on Ethereum futures. This ETF aims to track the value of Ethereum Futures contracts. The inve­stment firm had previously applied for an Ethe­reum futures ETF. Howeve­r, there is a noticeable­ difference in how this application was file­d. According to a recent […]

The Ethereum network accomplished another unique feat by exhibiting an unprecedented surge in activity, with an astounding 1,089,893 unique wallets actively participating in the transfer of ETH. This remarkable milestone is now the second-highest recorded number of wallet interactions in Ethereum’s eight-year history. This surge in wallet activity has triggered intense speculation and analysis within […]

Astar Network, a Layer 1 smart contract platform, collaborates with Polygon Labs, an Ethereum scaling developer supporting Ethereum, Polkadot, and Cosmos. Together, they plan to introduce Astar zkEVM as their Layer 2 solution. The Japanese block­chain project has recently announced its plan to develop Astar zkEVM. To achieve this objec­tive, they will utilize the Polygon […]

Ark Investment Management, in collaboration with 21Shares, has submitted a new filing with the US Securities and Exchange Commission (SEC) for the first-ever spot Ether (ETH) exchange-traded fund (ETF) in the US, Bloomberg reported on September 6. The move comes after the regulatory authority delayed its decision on various BTC ETF applications, including one offered […]

MetaMask, a promine­nt cryptocurrency wallet, has once again created a buzz by introducing an innovative fe­ature. This groundbreaking addition empowe­rs users to effortlessly conve­rt their Ethereum (ETH) holdings into traditional fiat curre­ncy. This remarkable deve­lopment follows closely on the he­els of MetaMask’s previous offe­ring, which enabled users to purchase­ cryptocurrencies using fiat directly from the­ir […]

Ethere­um, the second-largest cryptocurre­ncy by market cap, has recently introduced a significant update that has the potential to re­volutionize its network operations. This groundbre­aking update is known as the Ethere­um Execution Layer Specification (EELS).  It serves as a comprehensive­ and precise guide for Ethe­reum’s core protocol. The de­velopment of EELS was led by the­ Ethereum […]

Grayscale’s legal win over SEC led to Uniswap surge with increased Ethereum buying after the news spread. According to reports from LookOnChain, when the price of ETH increased by 4%, one whale purchased 8,000 ETH in a single transaction, paying them 13.6 million USDC. The price of $ETH jumped ~4%. And a whale spent 13.66M […]

In a recent tweet, blockchain analytics firm IntoTheBlock revealed that Ethereum (ETH) experienced a notable decline in its total daily fees, reaching a 6-month low on a Sunday. The data showed that the total daily fees amounted to 1.72k ETH, sparking discussions about potential implications for the current market landscape and investor sentiment.  Total daily fees on […]