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news-imageNovember 8, 2024

Ethereum deploys nearly $500M to ecosystem projects in 2022–2023: Report

The Ethereum Foundation said the ecosystem is supported by over $22 billion in treasury funds across Ethereum-based projects.
Publisher: Cointelegraph
Sentiment: Positive
ETH

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cover-imageCointribune
November 8, 2024

Ethereum Unveils Mekong: What Is This Crypto Giant Preparing?

Ethereum, the undeniable giant of the blockchain, is making a new leap forward with the launch of the Mekong testnet, a name that resonates like a nod to the mysterious waters of the famous Asian river. At first glance, Mekong may seem like a simple addition to the Ethereum ecosystem.

Positive
cover-imageNewsBTC
November 8, 2024

Ethereum Jumps 10% As DeFi Sentiment Rebounds With Trump's Victory

Ethereum (ETH) has jumped almost 20% over the past two days as the broader decentralized finance (DeFi) sector rallied following Donald Trump's presidential victory. Ethereum Begins To Regain Momentum The second-largest cryptocurrency by reported market cap has lagged behind Bitcoin (BTC) and other smart contract platform tokens like Solana (SOL) for much of the year.

Positive
cover-imageCoingape
November 8, 2024

Ethereum Foundation Reveals $970M Treasury In 2024 Report: Here's More To Know

Non-profit organization Ethereum Foundation sparked a tidal wave of discussions across the broader crypto market on Friday as it revealed its 2024 report, boasting a treasury of $970 million. Notably, Aya Miyaguchi, the firm's ED, spotlighted key details such as the current EF teams, EF grantees, and ongoing efforts to enhance the Ether ecosystem, underscoring

Positive
cover-imageThe Daily Hodl
November 8, 2024

Trader Says Telegram Gaming Token Primed To Rally by Nearly 100%, Updates Outlook on Ethereum and Dogecoin

A popular crypto strategist is suddenly flipping bullish on an altcoin connected to a viral game on the encrypted messaging platform Telegram. Analyst Ali Martinez tells his 77,300 followers on the social media platform X that Notcoin (NOT) could soar 100% from its current value. “Notcoin is showing a promising risk-to-reward setup.

Positive
cover-imageBenzinga
November 7, 2024

Bitcoin Hits Fresh All-Time High, Ethereum Rallies: 'Altseason Hasn't Even Begun,' Trader Says

Bitcoin briefly hit a fresh all-time high of $76,872 on Thursday before retreating, with financial markets continuing their rally in the wake of Donald Trump winning a second term in office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $75,723.12 -0.3% Ethereum (CRYPTO: ETH) $2,879.34 +7% Solana (CRYPTO: SOL) $195.34 +3.4% Dogecoin (CRYPTO: DOGE) $0.1952 -3.1% Shiba Inu (CRYPTO: SHIB) $0.00001896 -0.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 83% and daily active addresses rising by 17%.

Positive
cover-imageThe Daily Hodl
November 7, 2024

Trader Michaël van de Poppe Says Ethereum Flashing Massive Bullish Signal, Updates Outlook on Bitcoin and Sei

A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart.

Positive
cover-imageCrypto Economy
November 7, 2024

Binance's Proof of Reserves Highlights $120B Asset Pool and Growing Bitcoin, Ethereum Holdings

TL;DR Binance has published its latest Proof of Reserves (PoR), showing over $120 billion in assets across 34 cryptocurrencies. Bitcoin and Ethereum holdings grew by 2.09% and 6.20%, respectively. The platform continues to improve its PoR with advanced technologies such as zk-SNARKs and provides a complete representation of assets, liabilities, and collateral.

Positive
cover-imageCryptoSlate
November 7, 2024

Staking could lower fees and boost interest in Ethereum ETFs, analyst claims

Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out that staking could help the funds reduce management fees, increase the overall amount of Ethereum staked, and provide more substantial incentives for investors.

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