Category: Ethereum
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Bitmine Adds 27,562 ETH as Total Holdings Reach 5.98 Million
TLDR: Bitmine ETH holdings reached 5.98 million tokens, representing 4.9% of Ethereum’s total supply. Bitmine staked 5.07 million ETH, representing about 85% of its total Ethereum holdings. The company reported $17.1 billion in combined crypto, cash and investment assets. Bitmine purchased another 27,562 ETH as it moves closer to its 5% supply target. Bitmine ETH…
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Ethereum Price Breaks Above $2.63K as Whale Activity Rises
TLDR: Ethereum price breaks above $2.63K as whale activity rises, and non-empty wallets reach a record 207.17M. More than 40M ETH is staked, while Ethereum DeFi holds roughly $50B in total value locked across markets. Analysts spot $2,800 and higher levels ahead, but those targets depend on resistance holding or breaking. Ethereum’s wallet, staking, and…
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Ethereum Institutional Supports Ethlabs’ Motion to Reduce Ethereum Block Times
Ethereum Institutional signaled support for Ethlabs’ motion to reduce block times and create a faster Ethereum to address increasing competition from other networks. “Make Ethereum faster,” wrote the non-profit organization in a Friday X post, arguing that reducing block times is needed as “more institutional activity moves onchain.” On Thursday, Ethlabs published an article quoting…
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ETH Holds Below $2,500 After Fed Raises Rates by 25 Basis Points
TLDR ETH is trading near $2,440, holding inside its consolidation range after the Fed’s 25 basis point rate hike. $2,500 remains the key resistance level, while $2,350 to $2,400 acts as the range floor. Ethereum ETFs saw $224.11 million in outflows on September 16, but seven-session outflows are far milder than Bitcoin’s. Exchange reserves have…
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Ethereum, Base Wallet Standards Collaboration Breaks Down
Ethereum and Base are set to implement different account abstraction standards after efforts to agree on a shared account abstraction standard broke down last week. Interoperability standards became secondary to each chain’s core goals, leading both to go their separate ways and “putting the burden on wallets,” Derek Chiang, founding member and researcher at Ethlabs,…
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Ethereum Holders Pull Back Supply as BitMine Nears 5% Target
TLDR Ethereum exchange supply has fallen 73% from its June 2020 peak, dropping to 6.06 million ETH. More ETH is moving into staking, ETFs, corporate treasuries, and long-term custody. BitMine now holds 5.96 million ETH, equal to about 4.9% of Ethereum’s total supply. Ethereum ETFs recorded nearly $197 million in net inflows last week, followed…
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Bitmine Stakes 5M ETH as Treasury Holdings Reach $15.8B
Bitmine Immersion Technologies added to its Ether holdings last week while projecting hundreds of millions of dollars in annual staking revenue, highlighting how its massive ETH treasury could generate income even during volatile market conditions. In a Monday announcement, Bitmine said it acquired 27,180 ETH last week, bringing its holdings to more than 5.95 million…
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XRP to Outperform Bitcoin and Ethereum? Analyst Maps 306% Wave 5 Rally
TLDR: Dark Defender’s XRP/ETH chart targets 0.002238, implying about 306% relative upside from 0.000551. XRP’s $86B market cap remains far below Ethereum’s $300B and Bitcoin’s roughly $1.55T valuation. The XRP/ETH ratio must first reclaim the 0.0006487 to 0.0007773 zone before the Wave 5 case strengthens. Bitwise and Canary XRP ETFs expand regulated U.S. access as…
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Ethereum Maps Priorities for Upcoming Hegotá Upgrade
The Ethereum Foundation has identified two “must ship” proposals for the Hegotá upgrade, prioritizing censorship resistance and more flexible account authentication as it narrows the fork’s scope. The ranking evaluated 62 proposed Ethereum Improvement Proposals (EIPs), drawing on input from roughly 60 researchers and engineers across the Foundation’s Protocol cluster. It marks the first time…
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Vitalik Buterin Backs EIP-8288 for Ethereum’s I-Star Upgrade
TLDR Vitalik Buterin is backing EIP-8288 for Ethereum’s next upgrade, called I-Star. The proposal uses recursive STARK aggregation to bundle cryptographic proofs together. Quantum-safe private transactions could drop from millions of gas to tens of thousands. The Ethereum Foundation is targeting full quantum resistance by December 2029. EIP-8288 is still a draft and has not…
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