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.
Ethereum's proposed privacy upgrades could redefine user anonymity and regulatory compliance, impacting blockchain transparency and security. Ethereum developers propose privacy changes for next major upgrade.
A proposed package would let privacy pools pay their own transaction fees without relying on intermediaries.
Crypto market update August 17: Ethereum reclaims $1,900 while HYPE and PUMP rally despite weak sentiment and rising derivatives activity.
The Ethereum Foundation launched Platåberget, a public testnet that allows developers to test the upcoming Glamsterdam upgrade before its mainnet deployment The testnet went live on August 17 and will execute the Glamsterdam fork on August 20, simulating a transition on an active chain.
Tom Lee's Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.
Shares of Bitmine Immersion Technologies (BMNR) advanced 4% on August 17, climbing to $18 following the company's disclosure that it bought back 1.7 million shares during the period from August 10 through August 14.
The firm says it's 96% of the way to owning 5% of Ethereum's total supply, according to Chairman Tom Lee.
Bitmine raised its Ethereum treasury to 5.815 million ETH after acquiring approximately 9,926 additional tokens over the past week. The company now controls 4.8% of ETH's circulating supply, with holdings valued at approximately $11 billion. More than 5 million tokens are staked through the MAVAN platform, with projected annualized revenues reaching $250 million.
EIP-8375 proposes burning one third of selected external gross value while off-bid payments stay invisible.