Ethereum News

Ethereum News

Markets

Bitwise CIO on Ether’s ‘Demand Shock’: Why ETH’s Rally Has Staying Power

Matthew Hougan says ETH treasury firms and spot ether ETFs are driving a $10 billion ETH supply squeeze, pushing ether toward structurally higher prices.

Ether (ETH) price falls 0.69% to $3,658 over 24 hours

Markets

Disguised Unemployment in Blockchain? Data Shows Only 12% of Ethereum, 25% of Solana Protocols Have Revenue

A large number of protocols on the two chains haven't captured any value lately, in what looks like on-chain version of disguised unemployment.

crowd-britain

Tech

Ethereum Validator Exit Queue Tops $2B as Stakers Rush to Quit After 160% Rally

The exodus stretched the waiting line to over 10 days, but strong staking demand from ETH treasury firms and SEC clarity may keep sell pressure in check.

Ethereum has a backlog of validators waiting to exit the chain. (Koushik Pal/Unsplash, modified by CoinDesk)

Finance

SharpLink's Ether Bet Surpasses $1.3B After Latest Purchase

The ether treasury company said it bought nearly 80,000 ETH over the last week as Joseph Lubin praised the GENIUS Act as a watershed moment for regulatory clarity.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Advertisement

Markets

What Are Traders Saying as Solana Reclaims Spotlight? ETH, DOGE, ADA See Profit-Taking

At current prices, ETH remains nearly 25% below its 2021 record high, providing swing traders with a defined target to aim for.

Profit, Risk and Loss. (Gino Crescoli/Pixabay)

Markets

Solana Takes the Altcoin Rally Baton as ETH, XRP, BTC Stall

The market is transitioning from a Bitcoin-centric phase to an altcoin-led bull market, often called alt season, analysts said.

Solana (SOL) price on July 22 (CoinDesk)

Tech

Institutions Are Driving Ethereum's 'Comeback'

ETH's price has more than doubled in value since April aided by institutions betting on stablecoins and tokenization, corporate treasuries and L2s.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Bitmine's Tom Lee Predicts Ether Hitting $15K, With Ethereum Emerging as Wall Street's Favored Blockchain

Stablecoins brought a ChatGPT moment for crypto adoption, driving Wall Street demand for Ethereum, the Fundstrat co-founder and Bitmine chairman said in a CoinDesk interview.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Advertisement

Tech

Ethereum Validators Signal Intention of Upping Gas Limit To 45M

As of July 21, 49% of validators with staked ETH have indicated they want to up the gas limit to 45 million units.

Ethereum blockchain symbol abstract crystal

Markets

Ether Machine to List on Nasdaq Via SPAC With $1.5B Backing

It is backed by around $645 million worth of ETH from Chairman Andrew Keys and a further $800 million from an array of high-profile investors

16:9 Stock market rally (sergeitokmakov/Pixabay)