Michigan State Pension Fund Allocates $10M to Ethereum Trust Holdings
TLDR Michigan State Pension Fund invested $10M in Grayscale’s Ethereum Trust (ETHE), now holding more ETH than BTC Investment includes...
Ethereum News
Kraken Received $42Million in OP Tokens to Build Layer-2 Network on Optimism
Kraken is building a new Layer-2 network called Ink using Optimism’s OP Stack framework Optimism Foundation provided Kraken with 25M...
Consensys lays off 20% of its total workforce
Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as...
Ethereum (ETH) to $6k: Whales Are Loading Up, Is This The Calm Before The Storm?
TLDR: Ethereum is trading around $2,470, with recent 6.2% decline Critical support level identified at $2,400 within ascending channel pattern...
Ethereum (ETH) Price Stabilizes at $2,500 as Institutions Favor Bitcoin ETFs
TLDR: Ethereum’s price struggling to maintain $2,500 level with increasing bearish sentiment ETH underperforming compared to Bitcoin and Solana, with...
Ethereum ETH Price Surpasses $2,700 as Market Momentum Builds
TLDR Ethereum price is showing positive momentum above $2,650 A key bullish trend line is forming with support near $2,680...
DeFi Leader Lido Finance Introduces stETH on Optimism Network
TLDR Lido Finance expands to Optimism, allowing stETH deployment on the layer-2 solution Users can benefit from daily staking rewards...
Is Ethereum Gearing Up for a ‘Most Hated’ Rally to $6,000?
TLDR: Ethereum price showing bullish momentum, approaching $2,650 resistance Analyst predicts potential “most hated rally” to $6,000 Open interest for...
Seized Ethereum from PlusToken Scheme Moves Towards Exchanges
TLDR Up to $1.3 billion in Ethereum from PlusToken Ponzi scheme may soon be sold 7,000 ETH ($17.2 million) has...
Chinese Authorities’ Seized ETH from PlusToken Scheme Begins to Move
TLDR Approximately 7,000 ETH ($16.7 million) from PlusToken Ponzi scheme moved Movement suggests possible sale of $1.3 billion in seized...
Bitcoin ETFs See $18.58M Outflow, Ethereum Funds Follow Suit
TLDR: Bitcoin ETFs saw $18.58 million net outflows on October 8, 2024 Fidelity’s FBTC led outflows with $48.82 million BlackRock’s...
Ethereum Whales Acquire $66 Million in ETH Amid Price Decline
TLDR Ethereum whales “7 Siblings” bought 28,120 ETH worth $66 million ETH price dropped 4.5% in 24 hours, trading around...
Bitcoin and Ethereum ETF Flows Fluctuate in Late September
TLDR Bitcoin ETFs saw $494.4 million inflow on Friday, led by Ark’s ARKB ETF Monday saw cooler activity with $61.3...
Ethereum Staking Yields Projected to Exceed US Rates by 2025
TLDR Ethereum staking yields expected to surpass US interest rates by mid-2025 Falling US rates and rising Ethereum transaction fees...
Solana’s Market Share Could Reach 50% of Ethereum’s, Analysts Suggest
TLDR Solana (SOL) price predicted to reach $330, potentially challenging Ethereum’s dominance SOL outperforms Ethereum in transactions, daily active users,...
Ethereum Whale Deposits $9.12M as Trading Volume Spikes 79%
TLDR Large Ethereum whale deposited 3,510 ETH ($9.12M) to Kraken after 2 years inactive Ethereum trading volume surged 79.30% to...
US spot Ethereum ETFs see largest daily outflows Since July
Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July. Grayscale’s ETHE recorded a...
Crypto exchange BingX hacked for $43 million
BingX’s hot wallet was hacked resulting in the theft of $43 million in cryptocurrencies Funds stolen included ETH, BNB, USDT,...
Ethereum Foundation sells 300 ETH as price hits $2.5k
The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On...
Sony and Circle Partner to Bring USDC to New Ethereum Layer 2 Blockchain Soneium
TLDR: Circle and Sony Block Solutions Labs announce collaboration on Soneium blockchain Bridged USDC to be integrated as a primary...
Singapore’s DBS Bank to launch crypto options and structured notes in Q4 2024
DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against...
Ethereum (ETH) Price Analysis: ETH to $22k? Network Activity at Highs, Analysts Bullish
TLDR: Ethereum price projections range from $4,600 to $22,000 by 2030 Network processed $4 trillion in settlements last year Daily...
