Two Ethereum whales purchased 5195 ETH worth approximately $12.9 million while ETFs continue to sell.
Ethereum holds near $2,440 after the Fed's rate hike, with ETF outflows easing and stablecoin liquidity recovering on the network.
Ethereum Classic node operators have been urged to avoid a disputed Core Geth v1.13.0 release after several mining pool nodes briefly adopted the software before returning to the maintained Argos client. Classix said in a Sept.
Tom Lee, Bitmine's chief executive, has good news for digital asset customers tracking Ether moves. In a broadcast aired today, the executive predicted that ETH could reach $6,000 by the end of the year, giving strategic investors renewed hope.
Ethereum researchers say EIP-8411 cut simulated 1 MiB payload propagation below one second using segmented gossip and Merkle proofs.
The second-largest cryptocurrency by market capitalization experienced a nearly 4% downturn on Wednesday, slipping beneath the $2,400 threshold following the U.S. Senate's unsuccessful attempt to advance the CLARITY Act. The legislation required 60 affirmative votes to move forward but failed to reach that benchmark, eliminating what many market participants viewed as a near-term bullish trigger for ETH valuation.
Institutional crypto ETF outflows highlight market sensitivity to macroeconomic shifts, yet underlying demand suggests long-term resilience. BlackRock ETF clients sell $110M worth of Ethereum as broader crypto fund outflows accelerate.
Client estimates already disagree, while daily key rotation could weaken the public traces used to detect concentrated risk.
Ethereum sees rising stablecoin liquidity as market flows recover, creating fresh fuel for its risk-on move.
Ethereum is still trading around $2.4K after a sharp recovery from the $1.5K area. The latest charts show ETH consolidating beneath the $2.5K resistance region, while supply continues to tighten.
Ethereum (CRYPTO: ETH) is ranging around $2,400, with traders watching whether a bigger correction toward $1,800 could play out. Why ETH Failed To Make A Higher High Crypto trader CrediBULL Crypto said Tuesday that Ethereum initially produced a "decent reaction" from its local demand zone around $2,440, but the bounce failed to establish a higher high.
SparkLend's strategic focus on Ethereum could enhance its market position, potentially influencing DeFi lending dynamics and competition. SparkLend's TVL rises 55% to $7.4B as protocol doubles down on Ethereum.