Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum’s (ETH) dominance as the foundational layer faces a nuanced challenge. While it focuses on making its underlying tech better and faster, other networks, primarily Solana (SOL) in this case, have seen…
The Ethereum Foundation has launched the “Trillion Dollar Security” (1TS) initiative, a sweeping plan aimed at enhancing Ethereum’s security architecture to support trillions in on-chain value. According to a May 14 official announcement, the goal is to make Ethereum (ETH) secure enough to support trillions of dollars in value held by individuals, companies, and even…
BTCS Inc., a Nasdaq-listed blockchain technology company, plans to buy up to $57.8 million worth of Ethereum as it looks to mirror MicroStrategy’s Bitcoin accumulation. U.S.-based BTCS is looking to execute this initiative via the proceeds of a convertible notes issuance of up to $57.8 million. ATW Partners will lead the capital raise, with BTCS…
Ethereum price prediction is turning bullish after a 95% rebound, but can ETH really hold above $2,600, or is this just post-truce momentum? Ethereum finally back in play Ethereum (ETH) is making a quiet but strong recovery. After weeks of staying relatively muted, the second-largest crypto by market cap has climbed more than 6% in…
The Ethereum Foundation has unveiled the “Trillion Dollar Security” initiative, a wide-ranging effort to scale Ethereum’s security infrastructure to a level capable of supporting trillions of dollars in onchain value. Announced on May 14, the program reflects Ethereum’s (ETH) ambition to serve as “civilization-scale infrastructure” that rivals and surpasses legacy financial systems in safety and…
Abraxas Capital has accelerated its accumulation of Ethereum with another massive buy worth over $84.7 million. The asset management firm, which has aggressively bought Ethereum (ETH) over the past week, added to its growing haul with another 33,482 ETH. According to Lookonchain, who shared details of Abraxas Capital’s buys on X, the company scooped $84.7…
Tron has officially surpassed Ethereum in total circulating USDT, marking a major shift in the stablecoin space. According to a May 12 post by CryptoQuant contributor Maartunn, on May 6, Tron’s (TRX) USDT supply reached $73.8 billion, exceeding Ethereum’s (ETH) $71.9 billion. Tron is now leading in USDT issuance for the first time after almost…
After a strong bullish reversal, Ethereum’s momentum appears to be cooling amid massive profit-taking from holders. Ethereum (ETH) is trading at $2,438 as of press time, down 3.5% in the past 24 hours after a strong 34% rally over the past week. Open interest has decreased by 2%, as per Coinglass data, indicating a reduction…
Ethereum update goes live, Coinbase buys Deribit, Genius Act dead | Weekly Recap
Abraxas Capital has withdrawn 138,511 ETH, worth $297 million, from centralized exchanges over the past two days. According to data from Lookonchain, the London-based asset management firm’s activity coincides with a sharp surge in Ethereum’s (ETH) price, which jumped over 20% in the past 24 hours to reach $2,371 before settling near $2,295. The size…
