Category: Ethereum
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Ether rises 3% on tokenization and Robinhood Chain momentum but faces $1,800 resistance amid weak onchain metrics.
Ether (ETH) price gained 3% between Thursday and Friday, outperforming the broader crypto market. The move ties to growing tokenization, Robinhood Chain’s success, and ongoing corporate treasury purchases. However, ETH failed to break above $1,800 amid weak onchain and derivatives metrics. Is Ether price bound to retest $1,700? Key takeaways: Ethereum leads RWA tokenization while…
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Ethereum Foundation Shuts Down Protocol Support Team After Half-Decade Run
Key Highlights Protocol Support team at Ethereum Foundation officially disbanded after half a decade of operations. Team facilitated critical network upgrades, developer conferences, and proposal advancement processes. Instrumental in shepherding Ethereum through landmark transitions including The Merge, Dencun, and Pectra. Fellowship program cultivated next-generation contributors for protocol advancement and client development. Responsibilities now distributed throughout…
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ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept
Cardano (ADA) remains above 10% higher despite a 24-hour pullback. Hoskinson says Ethereum is adopting eUTXO-inspired ideas. Focus is on the $0.20 resistance level. Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17. The latest price movement comes alongside fresh debate over blockchain architecture…
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ETH Outperforms BTC As Investors Turn Attention Toward TradFi Adoption
Key takeaways: BitMine’s aggressive ETH accumulation has reinforced the $1,500 support despite $8B unrealized losses. Glamsterdam upgrade and Robinhood Chain launch signal stronger TradFi focus for Ethereum’s base layer. Ether (ETH) price rallied 15% in five days, distancing itself from the $1,500 low hit on June 26. Part of the improvement in investor sentiment can…
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Binance Sees $1.23B Outflows as ETH Withdrawals Surge
Binance, the world’s largest crypto exchange by trading volume, recorded a sharp surge in weekly outflows as Ethereum withdrawal activity climbed to a multi-year high. According to DefiLlama data viewed by Cointelegraph on Sunday, Binance saw $1.23 billion in net outflows during the week beginning June 29, a 207% increase from roughly $400 million the…
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Ethereum Staking Rate Surpasses 33% Despite Price Weakness
TL;DR Ethereum’s staking rate has climbed above 33% for the first time, setting a new all-time high. Around 33.06% of the total ETH supply is now locked in staking, reducing the liquid supply in circulation. A newly created wallet withdrew 9,876 ETH worth $15.4 million from Binance and staked the entire amount. Ethereum price continues…
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Ethereum Nonprofit Launches to Expand Institutional Adoption
An Ethereum founder and some of its biggest treasury holders are behind a new independent nonprofit launched to coordinate the blockchain’s institutional outreach, underscoring the ecosystem’s push to attract more banks, asset managers and financial institutions as competition from rival blockchains intensifies. The nonprofit, Ethereum Institutional, was introduced on Wednesday with backing from Ether (ETH)…
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Vitalik Details Cryptographic Path To Private Onchain Voting
Ethereum co-founder Vitalik Buterin published a technical essay outlining how cryptography could one day enable people to vote privately onchain without relying on a trusted group to manage ballots or reveal the result. In a blog post on Monday, Buterin said a cryptographic approach called indistinguishability obfuscation (iO), combined with blockchain infrastructure, could support private…
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BlackRock Sends $217M in Bitcoin and Ethereum to Coinbase Prime
TLDR BlackRock transferred 3,410 BTC and 5,132 ETH to Coinbase Prime. The combined value of the transfers reached approximately $217 million. Bitcoin transfers accounted for about $209.64 million of the total value. Ethereum transfers were valued at approximately $8.43 million. Lookonchain tracked the transactions across multiple blockchain transfers. BlackRock transferred another $217 million worth of…
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Old ETH Wallet Selling Tests Whale Conviction at $1.5K
Eight-year-old Ether (ETH) wallets have started moving coins for the first time since 2017, adding fresh supply to the market as Ether trades just above $1,500. Onchain data shows 37,806 ETH from long-dormant addresses became active, while separate whale transactions point to continued accumulation by other large investors. The mixed positioning comes as total long-term…
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