TL;DR Starknet hit a new record of 857 TPS on its mainnet during a stress test. The test averaged 127.5 TPS over a 24-hour period, showing its potential for high-demand applications. StarkWare CEO Eli Ben-Sasson says Starknet's scalability is real and further developments are expected by 2025.

Ether {{ETH}} is primed for a period of upside price action after underperforming against bitcoin {{BTC}} in recent weeks. Skeptics have claimed that the emergence of layer-2 networks has seen Ethereum fall out of favor among DeFi traders, but the data tells a different story.

This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One's Soaring While the Other's Struggling It's an exciting time in crypto.

Ethereum co-founder Vitalik Buterin has outlined “The Splurge,” an initiative aimed at enhancing the Ethereum Virtual Machine (EVM) through various protocol upgrades.

In some sense, the protocol is keeping Ethereum's original vision of using sharding to scale the network alive.

The consumer-grade public chain Morph officially debuts on the Ethereum mainnet, enhancing blockchain accessibility.

RCO Finance is making a big impact in the crypto world with its innovative AI tool, designed specifically for trading Bitcoin and Ethereum. This advanced platform simplifies trading by creating personalized strategies tailored to each user's unique needs, making crypto trading more accessible.

Although the broader crypto market outlook has been sideways, Ethereum price is traversing a smaller range. For the first time in the past 85 days, ETH has shown signs that it is edging closer to breaking out of this range.

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With the broader digital currency ecosystem in an uptrend, Ethereum's (ETH) performance has come to the fore. While Ethereum has not performed badly, many still consider its growth subpar, especially as Bitcoin almost retested its all-time high (ATH) recently.

PayPal, one of the biggest Fintech company with $82.5 billion in assets under management and 432 million customers, now holds more than $2.

Ethereum whales have been accumulating the asset as the Oct. 23 price drop brought a buying opportunity. According to data provided by IntoTheBlock, large Ethereum (ETH) addresses saw a net inflow of over 598,000 ETH over the past week—worth $1.

Why is Ethereum's price not surging? Will ever ETH price ever reach $3000 this quarter? Ethereum traders seem to be seeking an answer to the above as the Ethereum price is constantly failing to rise above $2,800.

The price of Ethereum (ETH) has risen above the moving average after hitting a low of $2,379. ETH price analysis by Coinidol.com.

Ethereum price has factored in a modest price increase in the last 24 hours. The altcoin's daily trading volume has decreased by 5.61% as per CMC data.

On-chain data shows that more institutional investors are more interested in Bitcoin compared to Ethereum but the narrative will change soon amid anticipated altseason.

Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.

Fidelity's Ethereum ETF leads the market in institutional inflows, while Grayscale faces ongoing outflows, spotlighting key shifts in investor preferences in the Ethereum ETF space.

Lido has launched a new cross-chain staking system using Chainlink's CCIP technology, enabling users to stake ETH directly from Arbitrum, Base, and Optimism through a single transaction.

Ethereum (ETH) has had a challenging week, recording a significant drop of over 6%—the biggest decline among the top five altcoins. While some large investors, known as whales, are seizing this dip as a buying opportunity, the price action and market dynamics indicate that ETH could still slip further, potentially to $2.3K.

Despite being the most traded altcoin in the crypto market, Ethereum (ETH) has not performed to the expectations of many investors.

The asset management giant Fidelity takes the lead over its rival BlackRock in the race for Ethereum ETFs, with capital inflows reaching 5 million dollars. This remarkable performance comes after a two-day period with no notable activity, demonstrating a significant resurgence of interest from institutional investors in the second-largest cryptocurrency.

Binance announces new Earn Wednesday offers, including ETH and SOL staking, with flexible and locked products available on a first-come, first-served basis.

Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH.

Bitcoin pulled back from near-new highs Tuesday, while stocks rallied on Alphabet Inc.'s (NASDAQ:GOOGL) better-than-expected third-quarter earnings. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Prominent Ethereum contributor ConsenSys has made a decision to downsize.

Ethereum co-founder Vitalik Buterin has unveiled “The Splurge,” a comprehensive set of protocol upgrades aimed at addressing a variety of challenges within the Ethereum ecosystem.

The Ethereum network maintained a staking rewards rate near 3% in the third quarter of 2024, showing a slight decline from over 3.5% earlier this year.

Consensys, a Web3 software company, is laying off 20% of its workforce due to economic and regulatory challenges. Despite these setbacks, Consensys says it remains committed to its vision for Web3 and plans to continue supporting the Ethereum project.

Cryptocurrency markets are surging on Tuesday amid Donald Trump's rising election odds, positive broader economic factors and subsiding geopolitical tensions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $72,870.84 +4.4% Ethereum (CRYPTO: ETH) $2,662.43 +5.8% Solana (CRYPTO: SOL) $179.25 +1.3% Dogecoin (CRYPTO: DOGE) $0.1731 +10.4% Shiba Inu (CRYPTO: SHIB) $0.00001902 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 112.3% and daily active addresses grew by 18.2%.

For years, Ethereum has established itself as the second-best competitor to Bitcoin regarding technology, innovation, and use cases. If many consider Bitcoin as ‘digital gold,' Ethereum would be ‘digital silver.

Ethereum's significant outflows and positive technicals signal potential for a sustained bullish rally.

The "mini" trusts spun off from Grayscale's legacy Bitcoin and Ether funds in July.

Telegram-based Toncoin (TON) has seen significant growth since its inception, and the current trends show that it could dethrone Ethereum in holders count. CryptoQuant analysis shows that Toncoin has attracted massive investors, with TON holders increasing from 7.12 million to 108 million between 15 March 2024 and 17 October.

Investors are optimistic once again as the hope of the Ethereum price rallying to $5,000 hit the crypto market. In a recent report, Ethereum co-creator Vitalik Buterin spoke at length about upcoming solutions to Ethereum's (ETH) staking, block production issues, and prevent centralization of proof-of-stake to Ethereum L1.

Long-term Ethereum (ETH) holders have displayed strong confidence in the cryptocurrency's potential for continued price growth, especially compared to short-term investors. BeInCrypto noted this trend after analyzing market sentiment using on-chain data.

A software provider for the Ethereum network, Consensys Inc. let goes 162 positions which make up 20% of the firm's workforce.

GalaSwap evolves into GalaConnect, offering seamless Ethereum bridging, dynamic fees, and enhanced account management within the GalaChain ecosystem, as reported by Gala News.

American crypto asset manager Grayscale Investments has announced that two of its major regulated funds, the Bitcoin and Ethereum Mini Trusts have hit a major milestone. As contained in a press release, the products have accumulated $750 million since their debut in July.

In response to promising signals in the crypto market, major investors ("whales") are massively accumulating Ethereum. This trend, coupled with a significant increase in new wallets, suggests bullish potential for the second-largest cryptocurrency by market capitalization.

TL;DR The staked ETH market has cooled off in 2024, with staking rewards declining. Competition for ETH staking has increased, driven by new protocols with higher yields. USDT experiences a devaluation following rumors of a DOJ investigation, while the correlation between BTC and ETH stabilizes.

Grayscale Investments announced on Tuesday that its newly launched Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded products (ETPs) have attracted significant investor interest, recording inflows exceeding $750 million since their respective launches in July 2024. What Happened: The Grayscale Bitcoin Mini Trust (NYSE:BTC) and Grayscale Ethereum Mini Trust (NYSE:ETH) are promoted as the world's lowest-fee ETPs in their categories, with annual expense ratios set at 0.15%.

The amount of Ethereum (ETH) being held on cryptocurrency exchanges has recently plunged by around $750 million after massive withdrawals of the second-largest cryptocurrency by market capitalization from these platforms.

Cryptocurrencies and regulation: the standoff between Consensys and the SEC leads to drastic staff cuts

Data from Farside Investors reveals interesting figures in the Ethereum ETF sector of the cryptocurrency market. Fidelity Investments has come out on top again in its daily report of institutional interest in the world's leading altcoin.

While October has certainly been a rough month for Ethereum, the past week underscores a turning point in sentiment as exchanges see $750 million in ETH withdrawals. The post ETH Price Set for Rally? Massive $750M Ethereum Outflow Hints at Bullish Sentiment appeared first on Cryptonews.

Toncoin's holder count is rising fast, suggesting it may soon overtake Ethereum.