Ethereum Watch

The number of Bitcoin (BTC) millionaires has soared by 111% this year, driven largely by the rise of crypto exchange-traded funds (ETFs). Advertisements The approval of spot Bitcoin ETFs, followed by Ethereum (ETH) ETFs, has attracted institutional players to crypto, creating a new wave of demand beyond retail investors. Bitcoin ETFs Fuel Increase in BTC […]

Despite crypto whales offloading large amounts of Ethereum (ETH), the asset’s staunch supporters remain optimistic. Recent data highlights a trend of stakeholders moving large volumes of ETH, likely for sale, amidst a general downturn in crypto asset prices. Advertisements Moreover, the spot Ethereum ETFs have been recording outflows for the past eight trading days. Crypto […]

The Ethereum Foundation is under fire for transferring 35,000 ETH, worth about $100 million, to the Kraken exchange without informing the community. On August 23, on-chain analytics firm Lookonchain reported the transaction, sparking widespread concern. Advertisements In response, Aya Miyaguchi, the Executive Director of the Ethereum Foundation, clarified that the transfer aligns with the Foundation’s […]

Orbiter Finance secured over $50 million in annual revenue, driven by growing Layer-2 (L2) adoption. This milestone positions it among the most profitable decentralized cross-chain L2 protocols. Advertisements L2 solutions enhance blockchain scalability by offloading transaction processing from the main chain. This reduces congestion, lowers fees, and boosts transaction throughput, driving demand for such solutions. […]

Options on Bitcoin (BTC) and Ethereum (ETH) totaling $1.5 billion are approaching expiry, all while the market remains relatively calm. However, this stability may be short-lived. Advertisements The annual central bank meeting in Jackson Hole, which begins today, is widely seen as the month’s most notable macro event. Investors are particularly focused on any news […]

Ethereum (ETH) co-founder Vitalik Buterin has sparked curiosity among community members by promoting the largest altcoin by market cap.  Advertisements Known for his philosophical insights, the Russo-Canadian innovator recently noted that his followers have been asking him to cut back on the “philosophizing” and do more “Ethereum bull posting.”  ETH Fundamentals ‘Crazy Strong’ — Vitalik […]

Solana ETF forms have been removed from the Chicago Board Options Exchange (Cboe) website, causing speculation about a potential delay in their launch. Advertisements VanEck and 21Shares were the only two companies to file applications for SOL ETFs, leading many to believe it would follow Bitcoin and Ethereum as the next crypto-based financial instrument to […]

Ethereum co-founder Vitalik Buterin has registered the dacc.eth domain name today, months after publishing a blog post about the idea of defensive accelerationism. Advertisements The registration has sparked speculation about what Vitalik intends to do under the new domain name. Buterin Advocates for Responsible Tech Growth The term d/acc stands for Defensive (or Decentralized or […]

As of Friday, BlackRock’s ETF (exchange-traded fund) became the largest collective holder in the market, surpassing Grayscale for the first time in on-chain holdings. Advertisements The rising interest in Bitcoin (BTC) and Ethereum (ETH) continues to fuel institutional demand following the approvals of ETFs. This shift highlights the growing confidence in these digital assets among […]

Eigen Layer, a leading restaking protocol on Ethereum (ETH), saw at least $351 million worth of capital ooze out in the last 24 hours. Advertisements The drop follows shocking revelations about the protocol’s airdrop policy, with EigenLayer coming to its own defense. EigenLayer Airdrop Policy Controversy Users on X (formerly Twitter) were abuzz on Thursday following reports […]