Ethereum’s price remained under increased pressure this week as ETF outflows rose and sentiment in the crypto industry worsened. Summary Ethereum price has formed a big bullish flag pattern. It has remained above the 200-day moving average, pointing to a rebound. The supply of Ether tokens on exchanges has dropped to a multi-year low. Ethereum…
Ethereum’s slide under $3,900 has deepened as spot exchange-traded fund outflows continue and a bearish on-chain “death cross” raises fears of further downside. Summary Ethereum price fell below $3,900, down 4.8% in 24 hours and 13% this month. Spot ETH ETFs record $145M in daily outflows, led by BlackRock and Fidelity. The MVRV “death cross”…
Summary ETH price has remained below $4,000 as investors seek yield-bearing assets despite increasing interest rates. Staking yields of 3.5%-4.2% maintain institutional interest despite macroeconomic tightening. A breakout above $4,400 might propel ETH to $4,800-$5,000, boosting the Ethereum outlook. The expansion of tokenization and real-world assets on Ethereum could boost on-chain income potential. The downside…
Tensions within the Ethereum ecosystem resurfaced after senior builders accused the Ethereum Foundation of neglecting layer 2 developers. Summary Polygon’s Sandeep Nailwal says Ethereum Foundation offers no direct support to Polygon. Sonic Labs’ Andre Cronje echoes the same concerns. Vitalik Buterin praises both Polygon and Nailwal for their impact and contributions. Polygon co-founder Sandeep Nailwal…
VanEck is leveraging recent SEC guidance that distinguished certain staking activities from securities laws, positioning its stETH fund as a direct test of the regulator’s new operational clarity. Summary VanEck has filed with the SEC to launch the first U.S. ETF tied to Lido’s staked Ether, giving regulated exposure to Ethereum’s staking economy. The filing…
BitMine is riding an 8% stock surge fueled by its latest disclosure, which revealed a colossal Ethereum holding of 3.24 million tokens and a bold strategy to acquire even more during market downturns. Summary BitMine stock rose over 8% after disclosing 3.24 million ETH holdings. The firm’s total crypto and cash reserves now make it…
Ethereum is back in the green despite heavy outflows from exchange-traded funds last week, signaling early signs of a price rebound. Summary Ethereum price has bounced back above $4,000 despite over $300 million in ETF outflows last week. The token’s price rebounded off the $3,800 support zone and is testing key technical levels. ETH is…
Vitalik Buterin has shared new research that could reshape how Ethereum approaches proof verification and scaling in the coming years. Summary Vitalik Buterin introduces GKR, a protocol for faster proof aggregation. GKR improves efficiency for Ethereum’s ZK and rollup systems. It marks a step toward Ethereum’s “Lean” and quantum-secure vision for 2025. Vitalik Buterin has…
Ethereum price has crashed into a bear market in the past few weeks, but technicals and treasury purchases point to a strong comeback in the near term. Summary Ethereum price has pulled back and moved into a bear market this year. The coin has formed a bullish flag pattern on the daily chart. Companies like…
Dankrad Feist, a prominent researcher at the Ethereum Foundation, is joining Tempo, a Layer-1 blockchain backed by Stripe and Paradigm. Summary Dankrad Feist says he is joining Tempo, a layer 1 project focused on stablecoins backed by Stripe. Feist has been a prominent researcher at Ethereum Foundation, having joined in 2018. He will remain involved…
