Vitalik Buterin's latest blog post outlines strategies to mitigate the risks of proof-of-stake centralization in Ethereum.
After actively acting on the resistance level around $2,650 for the better part of last week, the Ethereum (ETH) price has successfully broken out and signaled the onset of its rising trend. Ethereum price established a robust support range between $2,223 and $2,320 since the August 5 crypto crash.
The broader cryptocurrency market has displayed a strong show over the weekend with the Bitcoin (BTC) price rallying close to $70,000 and altcoins taking the charge in a fresh surge. With 3.72% gains in the last 24 hours, Ethereum (ETH) leads the alt space shooting all the way to $2,750 levels.
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether.
Ethereum price is extending gains above the $2,650 resistance. ETH could continue to rise toward $2,850 if it clears the $2,750 resistance zone.
Leading cryptocurrencies maintained bullish momentum over the weekend, boosting expectations for new all-time highs. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m.
With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.
A significant amount of Ethereum is being held by entities not actively spending or moving their funds. According to the latest CryptoQuant data, the total number of Ethereum (ETH) in accumulation addresses surpassed 19 million.
Over $50 billion worth of Ethereum has been locked in accumulation wallets, a 65% jump since the start of 2024, reflecting the growing confidence of long-term investors in the cryptocurrency market. Ethereum Accumulation Reaches $50B Mark A crypto analyst estimates that there is almost $50 billion worth of Ether in accumulation wallets at the moment, which is almost 65% more than at the start of 2024.
Bitcoins market cap has surged to $1.35 trillion, creating a $1 trillion lead over Ethereum. With BTC trading above $68,000, bullish momentum continues, leaving traders speculating on Bitcoins long-term potential to sustain its dominance in the cryptocurrency market and reach higher price levels.
Ethereum co-founder Vitalik Buterin believes that the centralization of proof-of-stake (POS) poses a significant threat to Ethereum. POS centralization is where large stakers dominate and small stakers join large pools.
Ethereum co-founder Vitalik Buterin has continued his weeklong intervention on how the blockchain network's Proof-of-Stake (PoS) mechanism can be further improved with a new essay titled “Possible Futures of the Ethereum Protocol, Part 3: The Scourge.”
Ethereum [ETH], the second-largest cryptocurrency by market value, has been facing a tough battle to break past the $2.7K resistance level since August 2024. While Bitcoin has shown stronger performance lately, Ethereum remains stuck, down over 46% from its all-time high (ATH).
Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?
The Ethereum co-founder outlined several approaches to minimizing the risk of staker centralization on Ethereum in a recent blog post.
The Ethereum price surged over 2% during a low volatility Sunday to currently trade at $2,700. This uptick in the market is a pivotal moment for ETH price as buyers breach the resistance trendline of an 11-week accumulation trend.
Ethereum is testing a key resistance level around $2,640, and many analysts believe that breaking this point could trigger a significant surge in price. As the entire crypto market gains strength, optimism is growing among investors, who are eagerly waiting for Ethereum to catch up with Bitcoin's recent rally.
Bulls keep holding the initiative on the last day of the week, according to CoinMarketCap.
Ethereum's rising deposits, strong fundamentals, and bullish outlook suggest higher prices.
Vitalik Buterin proposes various ways to resolve Ethereum's proof-of-stake mechanism risks.
Buterin supports reviewing staking cap and block creation mechanics to address ETH centralization risk concerns.
Ethereum co-founder Vitalik Buterin continues his thoughts on the evolution of the network with a detailed new blog post. He addresses the challenges of centralization, value extraction, and transaction fees, proposing ambitious solutions to sustain the crypto ecosystem.
The US-based spot Bitcoin ETFs produced a magnificent performance in the past week recording $2.1 billion in net inflows. Meanwhile, their Ethereum counterparts have finally turned the corner registering their third positive weekly inflows since their trading debut in July.
Ethereum accumulation addresses have seen a massive increase in 2024, with the total ETH in these wallets surpassing 19 million as of October 18. In January, these addresses held just 11.5 million ETH.
Vitalik Buterin, co-founder of Ethereum, has outlined major risks associated with Ethereum's Proof-of-Stake (PoS) mechanism. In a recent blog post titled “Possible Futures of the Ethereum Protocol, Part 3: ”The Scourge”.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has captured the attention of large investors, also known as “whales,” who have been steadily accumulating significant holdings over recent weeks. This accumulation is often seen as a strong indicator of confidence in Ethereum's future price potential and market health.
In a recent blog post, Ethereum co-founder Vitalik Buterin outlined some of the key objectives of "The Scourge," a key component of the road map of the second-largest blockchain.
Ethereum co-founder Vitalik Buterin has shared his vision of how the network can resolve some of the risks associated with proof of stake. In the third part of his essay on the future of Ethereum, Vitalik identified the centralization of proof of stake as one of the most significant risks to Ethereum L1.
Yuga Labs, the Web3 company behind Bored Ape Yacht Club, has officially onboarded ApeChain, an Ethereum-based Layer 2 blockchain.
A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it's no longer just for "tech enthusiasts."
Ethereum has reached a decisional point at the head and shoulders neckline and the 100-day crucial moving average. A potential breakout will likely lead to a significant surge due to a massive short liquidation cascade.
Bitcoin has surpassed Ethereum's market capitalisation by over $1 trillion and one crypto analyst pointed out it is a new all-time high "for the spread."
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is approaching a key resistance level at $2,626. With its price up more than 9% over the past week, Ether appears to be on the verge of a potential breakout.
The cryptocurrency landscape is bracing for a potential shakeup today as a staggering $1.62 billion worth of options contracts for Bitcoin (BTC) and Ethereum (ETH) are set to expire. This monumental event could instigate significant short-term price volatility, influencing traders' strategies and overall market sentiment.
With traders looking to shift funds from memecoins back into more stable altcoins, ETH might be well-positioned for a strong rebound.
Weekly non-fungible token sales volume has surged 22.5% and now stands at $93 million, per the latest data. As the crypto market shows slow signs of recovery, the NFT market enjoys an uptick in volume and other metrics.
In a bullish trading week, Ethereum (ETH) surged by over 8% as its market price returned above the $2,600 price mark. However, amidst this rally, certain market developments have occurred which raises questions over Ethereum's future price movements.
The cryptocurrency market has jumped 0.92% in the past 24 hours and is currently valued at $2.34 Trillion. With this, top projects have gained significant valuation to their respective portfolios this week especially top projects such as Bitcoin, Ethereum, and Ripple.
Solana's co-founder, Anatoly Yakovenko, has highlighted a major difference between the network's ecosystem and Ethereum. He noted that when a global resource becomes saturated in Solana, it doesn't lead to good price discovery.
Cardano founder Charles Hoskinson is quite confident of what the Layer-1 blockchain network can achieve in a few years. He recently stated that the Cardano network will see the achievements of Bitcoin (BTC) and the Ethereum (ETH) network in the next 10 years.
The price of Ethereum (ETH) has remained strong, fluctuating above the $2,500 support but stuck below the $2,700 zone. ETH price analysis by Coinidol.com.
A widely followed cryptocurrency analyst and trader is outlining the potential path forward for a memecoin that's exploded by over 9x in days.
VanEck's head of research, Matthew Sigel, predicted that ETH might continue struggling if Ethereum layer-2 networks continue to take value from it. Sigel expressed this view on X, noting that unbalanced conditions between the network and its L2s could prevent ETH from reaching $22,000 by 2030, as earlier predicted.
VanEck, a leading asset management firm, has drastically cut its long-term price forecast for Ethereum (ETH) to $7,333 by 2030, a significant drop from the previous estimate of $22,000. This revision signals a 67% decline and has prompted investors and analysts to reevaluate Ethereum's future amid intensifying competition and evolving market conditions.
Ethereum (ETH) has recently encountered a significant hurdle, stalling near the $2,700 mark after a modest recovery earlier this month. As options traders express skepticism about ETH reaching the $3,000 target before the upcoming U.S. elections, many are left wondering what the future holds for this leading cryptocurrency.
A rising leverage ratio can be seen as a sign of a heated up derivatives market.
Ethereum price is gearing up for a big move, potentially pushing past the important $3,000 level.