It was a somber seven days as the crypto market continued to tumble.

The Ethereum Foundation treasury currently holds $650 million in the main wallet. Ethereum has plunged by 5%, trading at $2,260.

WisdomTree's withdrawal highlights regulatory hurdles in crypto ETF approvals. The move may reshape investor expectations for Ethereum-based investment products.

Sonic SVM is aiming to fuel its growth on the Solana blockchain with its upcoming sale of $12.8 million worth of validator nodes in its HyperGrid framework. Scheduled for the week of September 16, this sale will feature 50,000 “Hyperfuse nodes” distributed across 20 pricing tiers.

Ethereum has witnessed a drop towards the $2,350 level as on-chain data reveals the whales have been making large exchange inflows recently. Ethereum Exchange Netflows Have Been Positive Recently According to data from the market intelligence platform IntoTheBlock, the ETH Exchange Netflow has been positive recently.

In the first week of September, a noticeable decline in trading activity has taken hold, with many market participants opting to stay on the sidelines. This is reflected in a 5% drop in global cryptocurrency market capitalization over the past week.

Wisdom Tree has canceled its submission request for the Ethereum Trust S-1 registration, filing a withdrawal request on September 6.

Amid strong criticism for the Ethereum blockchain and its underperformance this year, VanEck head of digital assets – Matthew Sigel – has come out defending the network while citing its strong economic model. The ETH price has also been subject to criticism failing to show enough traction even after the launch of the spot Ether

Meme coins like WIF and BONK did not make the list.

A well known asset management firm, VanEck is closing its Ethereum Futures ETF (EFUT). This marks a significant pivot in the firm's strategy amid evolving market conditions. The firm has been operating this ETF for less than a year. This ETF has been operational for less than a year.

As the first week of September concluded, the Solana (SOL) price settled at $124, raising concerns for investors as the fifth largest cryptocurrency risks breaching the critical $100 threshold. According to market analyst Ali Martinez, recent technical analysis indicates that a sustained close below the channel's lower boundary at $126 could trigger a significant price correction for Solana, potentially dropping to $110 or even $90.

On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund's listing exchange until market close on September 16, 2024.

Bitcoin-based DeFi applications are gaining momentum, raising the possibility that they could surpass Ethereum's dominance in terms of total value locked (TVL) within the next two years. This emerging trend reflects Bitcoin's growing role in DeFi, challenging Ethereum's long-standing supremacy.

WisdomTree has requested to withdraw the WisdomTree Ethereum Trust S-1 filing with the SEC, initially submitted in May 2021.

Vitalik Buterin reveals he hasn't invested in L2 tokens, aiming to fund charitable projects rather than profit from the Ethereum ecosystem.

SOL's last three cycles could be key to identifying what's next for the altcoin.

Recent developments show that Ethereum has entered oversold territory. This is undoubtedly a bullish development for the second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000.

Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities.

The Ethereum Foundation is selling again, but what does the market think about this?

WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for "future use."

Ethereum developers convened for ACDC call #141 to discuss updates to the Pectra upgrade and issues related to proof computation for home stakers.

VanEck is making a change to its list of ether ETF offerings.

The recent crypto market crash has fueled fresh concerns among investors, especially after the recent US Job data cemented bets over a potential 0.5% rate cut by the US Fed. The US stock market has also noted gloomy trading today, while the crypto sector also moves in tandem with it.

Once the 78.6% retracement level is beaten, the 100% level is usually the next target.

On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting.

Bitcoin, Ethereum, and nearly every other major coin and token has taken a battering over the past 24 hours as investors fast sell risk assets.

Vitalik Buterin takes a major stance on how he will support Layer 2 projects going forward.

The bitcoin price has dropped below a key resistance level as the crypto market crashes under $2 trillion

What do the latest Ethereum Foundation's on-chain actions reveal about the largest PoS coin's future prospects?

Cryptocurrency markets are trading lower as Bitcoin and Ethereum ETFs continue to witness significant outflows. In his latest live session on X, Fred Krueger titled his discussion "The thrill is gone.

Asset management firm VanEck announced plans to close and liquidate its Ethereum futures exchange-traded fund (ETF) EFUT, according to a Sept. 6 statement.

Market sentiment, as measured by crypto options metrics, are decisively bearish in the near term, says Bybit and Block Scholes.

Shareholders will be able to sell their EFUT shares until September 16, 2024. The ETF will be delisted and trading will cease after this date.

Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs.

Bitcoin ETFs are facing a turbulent period, experiencing their worst performance streak since late April. Despite strong inflows in August, the momentum has shifted dramatically as spot Bitcoin ETFs have recorded consistent outflows over the past six consecutive days.

Ethereum might have potential for a higher price, despite ETF concerns and market consolidation.

A widely followed crypto analyst is suggesting that Ethereum (ETH) is reaching a decision point. Crypto trader Michaël van de Poppe tells his 724,400 followers on the social media platform X that ETH's next move depends on how it trades against Bitcoin (ETH/BTC). “ETH remains to be in an indecisive state of mind.

Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues to face challenges relative to bitcoin.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Hong Fang of OKX breaks down crypto's recent slide and whether institutional investors are sticking to the sidelines.

Binance's Solana staking service aims to enhance the staking experience for its users. Vishal Sacheendran, Head of Regional Markets at Binance, explained that the service will let users stake SOL and receive rewards in BNSOL.

Solana (SOL) continued to trade sluggishly on Thursday, following a sharp drop of around 20% to approximately $128.62 on Wednesday. This decline has been linked to sustained selling pressure from a major unidentified whale or institutional investor, who has already unloaded over $99 million worth of the cryptocurrency this year.

Nearly two years after “The Merge” at Ethereum's blockchain — the transition to a proof-of-stake consensus mechanism from a proof-of-work setting — investors in ETH who hoped the pivotal upgrade would provide a financial lift have been left with shrinking returns on investment. Ether's price has underperformed Bitcoin (BTC), BNB, and even Solana (SOL) since the September 15, 2022 merge day.

Solana's declining fees risk pushing smaller validators out, exacerbating longstanding centralization concerns.

Like Bitcoin and other top altcoins, Solana continues to sell off at press time, rewinding losses of the first part of the year. At press time, SOL, the native currency of the smart contracts platform, is trading at around $130, retesting a critical support level.

The firm will liquidate its futures investment product two months after launching its spot Ethereum ETF.

Sonic SVM announced the public sale of HyperFuse Nodes, marking the first node sale within the Solana ecosystem. According to a press release shared with crypto.

The hacker who plundered more than $230 million worth of crypto assets from the Indian exchange WazirX in July continues to launder their stolen Ethereum (ETH), according to the blockchain security firm PeckShield. PeckShield notes an address associated with the hacker transferred 5,000 ETH worth approximately $12 million to a new wallet on Thursday.

Global investment management firm VanEck has decided to close and liquidate its Ethereum (CRYPTO: ETH) futures ETF (EFUT). What Happened: The board of trustees of VanEck ETF Trust has given the green light to dissolve the VanEck Ethereum Strategy ETF (EFUT) on the CBOE exchange.