Ye Zhang called imposing fees on Layer 2s a "toxic idea" and argued that Ethereum's success depends on expansion, not short-term extraction.
Ethereum price attempted a recovery wave above the $1,880 level but failed. ETH is now trimming all gains and remains below the $1,880 resistance zone.
EY's upgrade removes waiting periods and retains privacy-enhancing features while adding near-instant finality over a simplified architecture.
Cryptocurrency analyst Benjamin Cowen is warning that a weakening stock market may cause Ethereum (ETH) to retest lower price levels. In a new strategy session, Cowen tells his 889,000 YouTube subscribers that the S&P 500 may continue to show weakness in April, which, based on historical precedence, may result in ETH also declining.
Experts warn rising hardware costs could squeeze U.S. miners, while others speculate the government may use new tariff revenues to acquire Bitcoin.
Standard Chartered thinks the price of Avalanche's AVAX token could dramatically increase over the next few years, outpacing Bitcoin's gains.
Bitcoin ( BTC) experienced a swift and pronounced decline hours after U.S. President Donald Trump unveiled new tariff measures, collapsing to an intraday floor of $82,352 by 7:15 p.m. ET.
Fidelity Investments is launching zero-fee retirement plans that will provide investors exposure to three major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The product is available to US citizens over 18 who reside in states where Fidelity Digital Assets supports crypto individual retirement arrangements (IRAs).
The Big Four accounting firm formerly known as Ernst & Young has changed its enterprise-focused layer 2 blockchain Nightfall to a zero-knowledge rollup design, which it says offers near-instant transaction finality on Ethereum.EY said in an April 2 announcement that Nightfall's new source code, “Nightfall_4,” simplifies the network's architecture and makes it more accessible to users than its previous optimistic rollup-based version. The move away from optimistic rollups means Nightfall users won't need to challenge potentially incorrect transactions on Ethereum and wait out the challenging period, leading to faster transaction finality.
Fidelity Investments has introduced an IRA that permits private investors to invest in cryptocurrencies under its web3-focused subsidiary, Fidelity Digital Assets.
Ether (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the $2,000 level. Some traders believe that the downturn is partially connected to the deflating memecoin market, which, while not exclusive to the Ethereum network, significantly reduced activity across the decentralized applications (DApps) ecosystem and broader crypto space.Ether is currently 44% down year-to-date, and derivatives metrics indicate that traders are far from bullish and show little confidence in a strong recovery in the near term.
Cryptocurrency markets are surging ahead of a crucial tariff announcement by President Trump. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $86,692.07 +2% Ethereum (CRYPTO: ETH) $1,912.93 +0.2% Solana (CRYPTO: SOL) $131.12 +3.4% XRP (CRYPTO: XRP) $2.15 +0.8% Dogecoin (CRYPTO: DOGE) $0.1740 +1.2% Shiba Inu (CRYPTO: SHIB) $0.00001268 -0.04% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 18.6% and daily active addresses growing by 4.7%.
Crypto analyst Klejdi has indicated that Ethereum's pain is far from over, with the second-largest crypto by market cap set to suffer a further downtrend. Specifically, he warned that ETH could still drop to as low as $1,400 before it finds a bottom.
Clients will also be able to include Litecoin in individual retirement accounts.
L2 are burning just 17 ETH per week, down 98% from the levels from a few months ago. The previous argument of L2 being profitable has failed, with Ethereum seeking ways to tap value from L2 apps.
Standard Chartered's Geoffrey Kendrick said he likes Avalanche's approach to scaling, particularly after the recent Etna upgrade.
The industry's leading altcoin has had a rocky start to the year.
March 2025 marks a significant turning point in the DeFi ecosystem: Ethereum regains the lead in the rankings of blockchains in terms of trading volume on DEXs, surpassing Solana for the first time since September 2024. A turnaround that occurs in a pressured market, with a notable decline in activity on Solana, particularly on its flagship platforms.
The Chicago Mercantile Exchange plans to roll out Spot-Quoted futures for top cryptocurrencies Bitcoin and Ethereum, as well as top equity indices on June 30, 2025.
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks.
Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.
Fidelity Investments has introduced a new Individual Retirement Account (IRA) product that allows U.S. investors to directly invest in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). This new product will satisfy the increasing number of investors seeking tax-efficient ways to invest in cryptocurrencies.
The combined market cap of crypto has dropped by 6.4% in the past 30 days.
Ye Zhang, the co-founder of layer-2 network Scroll, has criticized the proposal to charge Ethereum Layer-2 networks. In a post on X, Zhang described such proposals as bad for the network's long-term growth.
When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead?
An OG Ethereum investor sold 2,001 ETH worth $3.82M on April 2nd amidst declining whale activity and price struggles.
Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.
Fidelity Investments has launched an individual retirement account (IRA) that lets individuals to invest in cryptocurrencies under its web3-focused subsidiary Fidelity Digital Assets.
Fidelity Investments has introduced a new crypto-focused retirement account, giving individual investors the opportunity to hold digital assets directly in tax-advantaged retirement portfolios. The offering includes access to Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Litecoin (CRYPTO: LTC), and is available to U.S. residents aged 18 and older.
Ethereum continues to face strong headwinds as it trades below the $1,900 mark, with bullish momentum fading and market sentiment growing increasingly fearful. After a brief attempt to stabilize, ETH has resumed its downward trajectory, now down over 35% since late February.
Tariff fears triggered a potential sell-off of $161 million in spot BTC and ETH ETFs.
The ongoing Ethereum cycle follows the trend pattern observed in previous Bitcoin cycles, prompting a bold prediction from market analysts.
Improved scalability should drive activity and value to the Avalanche network, said Geoff Kendrick.
TL;DR Sumitomo Mitsui Financial Group is collaborating with Ava Labs and FireBlocks to develop a stablecoin with blockchain infrastructure. The supply of stablecoins on Avalanche increased by 70% in one year, but the lack of DeFi usage prevented it from boosting AVAX demand.
Even though the discourse surrounding Ethereum has been mostly dominated by "doom and gloom" narratives over the past month, recent data shows that the popular blockchain network should not be written off just yet.
Ye Zhang, the co-founder of Ethereum layer-2 network Scroll, has pushed back against calls for Ethereum to impose fees on layer-2 networks. Zhang argued in a detailed social media post on April 2, that the proposal was harmful to Ethereum's long-term vision.
Ethereum's price has faced significant challenges recently, with struggles to secure $2,000 as a support level.
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.
VanEck has filed for approval for a new spot exchange-traded fund (ETF) tracking the price of BNB, the native crypto of the Binance-linked BNB Chain.
The cryptocurrency market is neither bullish nor bearish today, according to CoinStats.
Will a selloff follow?
Due to the first-mover advantage, Bitcoin (BTC) plays a pivotal role in setting the bias for the entire crypto market. While BTC is influenced by macroeconomic policies and liquidity cycles, let's explore if Bitcoin's funding rate will help in predicting the next Ethereum price move.
Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.
According to a report by Nikkei, SMFG, which operates Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a new stablecoin. The stablecoin project aims to make cross-border payments faster and cheaper.
Over the course of the last year, the Avalanche (AVAX) network has experienced a growing wave of liquidity in the form of stablecoins, recording an increase of over 70%, rising from 1.5 billion to over 2.5 billion dollars in circulation as of March 31, 2025. This growth, highlighted in an official post on X by the Avalanche foundation, would seem, at first glance, a clear sign of increased investor confidence and imminent bull pressure on the market.
Avalanche price has dropped to a crucial support level and created an early bullish signal, pointing to a potential rebound.
Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network's utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, to over $2.5 billion as of March 31, 2025, according to Avalanche's X pos Market capitalization of stablecoins on Avalanche. Source: Avalanche Stablecoins are the main bridge between the fiat and crypto world and increasing stablecoin supply is often seen as a signal for incoming buying pressure and growing investor appetite.
Japan's Sumitomo Mitsui Banking Corporation (SMBC), the nation's second-largest bank, is set to explore the launch of its own stablecoin.