Whitechain is relaunching as a distribution-first Ethereum Layer 2 focused on helping web3 projects overcome user acquisition and distribution challenges.
Tom Lee says Ethereum could pull ahead of Bitcoin as the ETH/BTC ratio breaks its long-term downtrend, driven by tokenization and agentic AI.
The Ethereum Foundation has warned that wallets, indexers and gas estimators could break as Glamsterdam changes the 21,000-gas assumption for some ETH transfers, with the upgrade due to activate on the Platåberget testnet on Aug. 20.
BitMine added 9,926 ETH, lifted holdings to 5.82 million and repurchased 1.7 million shares as BMNR stock gained 3.7%.
Ethereum registered a 1.95% gain on August 17, reaching $1,912 after market participants provided support near the intraday bottom of $1,872. This upward movement restored ETH above the significant $1,900 threshold.
Developers have been urged to test on Plataberget before Glamsterdam's new gas model reaches Ethereum's other testnets and mainnet.
Ethereum is now exploring lighter data storage to support network scaling.
The wallet associated with the 2022 Pando Rings oracle hack was reactivated on August 18 after two months of inactivity, as reported by blockchain tracker Onchain Lens, The hacker exchanged 3 million DAI for about 1,570 ETH, worth approximately three million dollars, through CoW Protocol. Approximately 800 ETH worth around 1.
Fundstrat co-founder and BitMine chairman Tom Lee projected that Ethereum will significantly outperform Bitcoin in the coming years. The analyst stated that the ETH/BTC ratio—recently sitting at 0.02994—is beginning to break out of the multi-year downtrend that constrained the second-largest cryptocurrency, driven by new macroeconomic and technological catalysts.
Ethereum's tightening supply and persistent whale demand could strengthen the case for a $1,950 breakout.
Bitmine's aggressive ETH accumulation strategy raises concerns about market liquidity, governance centralization, and potential price volatility. Bitmine acquires 9,926 Ethereum, boosting total holdings to 5.8M ETH.
Ethereum researchers have proposed prioritizing two transaction changes for the 2027 Hegotá upgrade that could let privacy pools pay network fees without third-party intermediaries. Ethereum Foundation researcher Toni Wahrstätter said in an Aug.