Ethereum Watch

Ethereum’s revenue has dropped sharply over the past several months as competition from Layer-2 (L2) scaling solutions has increased. Advertisements The March Dencun Upgrade was a crucial development for the Ethereum blockchain, particularly in reducing transaction fees. However, this upgrade came at a cost. Ethereum Revenue Sinks Amid Layer-2 Boom Ethereum’s revenue has plunged by […]

Ethereum co-founder Vitalik Buterin has firmly denied allegations that the network’s Layer-2 solutions can unilaterally seize users’ funds. Advertisements This statement comes after several crypto stakeholders reignited the debate over fund security on Ethereum Layer-2 networks on the social media platform X (formerly Twitter). Buterin Addresses Skepticism Over Ethereum Layer-2 Fund Security On August 31, […]

Vitalik Buterin recently transferred 800 ETH tokens, valued at $2.01 million, to a multisig wallet. This transaction attracted attention, as it marked the second time he had made a similar transfer this month. Advertisements Decentralized autonomous organizations (DAOs) and other groups commonly use Multisig wallets to securely manage shared treasuries, requiring multiple approvals for transactions […]

American asset manager BlackRock has listed its Ethereum ETF (exchange-traded fund) on a Brazilian stock exchange, with trading set to begin on Wednesday, August 28. Advertisements The Brazilian market is increasingly embracing crypto ETFs, providing institutional investors with greater access to digital assets. This development marks another step in the growing acceptance of cryptocurrencies in […]

Ethereum (ETH) price is exhibiting both positive and negative signals, with the latter coming from investors. Advertisements The positive sentiment, however, comes from the market, which hints at the right conditions for accumulation. Ethereum Investors Have an Opportunity Following Ethereum’s price drop, along with the rest of the market, a wave of panic set in. […]

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 […]