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cryptocurrency May 3, 2025

In early May 2025, the Ethereum (ETH) market witnessed contrasting actions from large investors, commonly known as whales.  Advertisements These opposing behaviors from whales present investors with both risks and opportunities. Contrasting Ethereum Whales’ Actions On one hand, several Ethereum whales are accumulating ETH in large quantities. An ETH whale purchased 3,029.6 ETH valued at […]

cryptocurrency May 3, 2025

Advertisements Vitalik Buterin proposed new architecture and protocol-wide standards to make Ethereum simpler, faster and easier to maintain. Ethereum co-founder Vitalik Buterin called for simplifying Ethereum’s base protocol, aiming to make the network more efficient, secure and accessible, drawing inspiration from Bitcoin’s minimalist design. In a blog post titled “Simplifying the L1,” published on May […]

cryptocurrency May 3, 2025

Over the past few months, Ethereum has experienced a significant decline in user activity on its blockchain. This slowdown has reduced the network’s burn rate—a mechanism that helps decrease ETH supply over time. Advertisements With fewer tokens being burned, ETH’s circulating supply has risen, putting inflationary pressure on the asset. As a result, the coin […]

cryptocurrency May 2, 2025

Advertisements Its now an “open race” for leadership among layer-1 blockchain networks, Nansen’s CEO said. Ethereum’s relative dominance among layer-1 (L1) blockchain networks has declined, resulting in an “open race” to become the leading Web3 platform, according to Alex Svanevik, CEO of data service Nansen. “If you’d asked me 3–4 years ago whether Ethereum would […]

cryptocurrency May 2, 2025

Ethereum (ETH) blockchain faces a builder exodus as rival ecosystems like Solana (SOL) gain traction. Advertisements The allure of the Solana blockchain for developers includes superior support for startups and streamlined user experiences. Ethereum Hackathon Missteps Drive Builders To Solana Ethereum has long been the leading smart contract platform for decentralized applications (dApps). However, this position […]

cryptocurrency May 2, 2025

Crypto traders and investors will witness approximately $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today. Advertisements Expiring options tend to cause notable price volatility, meaning crypto market participants should monitor today’s developments closely and possibly adjust their trading strategies around 8:00 UTC. $2.95 Billion Bitcoin and Ethereum Options Expiring Data on Deribit […]

cryptocurrency May 1, 2025

Advertisements The introduction of Ethereum R1 deviates from traditional layer-2 developments that have come to characterize Ethereum’s scaling networks. A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According […]

cryptocurrency May 1, 2025

Advertisements Ethereum devs propose ERC-7930 and ERC-7828 to unify crosschain address formats and improve multichain UX. Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote […]