The Ethereum network has registered a huge influx of Layer Two (L2) scaling solutions, led by Base, but some observers are worried about its declining revenue.

If Vice President Kamala Harris beats Donald Trump in the U.S. presidential election, that could be good for Ethereum, though crypto is in good shape either way, Bitwise's Matt Hougan says.

L2 increased their engagement in Q3, expanding again in the second week of October. L2 popularity is met with skepticism, as not all L2 chains are equally safe and decentralized.

Ethereum price shows a modest downtick of 0.46% during Tuesday's trading session, settling at $2,617. This slowdown in momentum allows crypto buyers to revive the exhausted bullish momentum witnessed last weekend.

The crypto ecosystem has returned to a bullish trend, fueled by Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). While the market is undergoing a unique rally across the board, some traders are facing asset liquidations.

Whales have been gobbling up Ethereum (ETH), the native token for the decentralized exchange (DEX) Uniswap (UNI) and a handful of other decentralized finance (DeFi) tokens, according to the crypto tracker Lookonchain. Lookonchain notes one unknown whale wallet withdrew 299,133 UNI worth $2.39 million from the crypto exchange Gate.io over the weekend.

Several technical indicators and fundamental aspects point to a potential bullish breakout for Ethereum price in the near term towards its all-time high.

Gasless swaps could ease the DeFi onboarding process, bolstering mass crypto adoption among new holders.

Ethereum's price breached the $2,579 resistance level on Monday. This triggered a wave of older, less active coins to start changing hands.

Larry Fink made bold statements regarding Ethereum.

Ethereum founder Vitalik Buterin proposes lowering the staking requirement from 32 ETH to 1 ETH to increase network participation and improve transaction speed.

The cryptocurrency market continued its strong start to the week, with almost all major cryptocurrencies in positive territory. Bitcoin (BTC) is up over 2% in the past 24 hours and briefly climbed above $66,000 before dropping to its current level of $65,500.

Base, a Layer 2 Ethereum network developed by Coinbase, has now become the largest rollup in terms of total value locked.

Monochrome Asset Management has made history by launching Australia's first exchange-traded fund (ETF) that directly holds Ether (ETH), according to a report by Martin Young for Cointelegraph. This new fund, called the Monochrome Ethereum ETF (IETH), debuted on 15 October 2024 on the Cboe Australia equities exchange. As of 2:00 p.m.

Market intelligence platform IntoTheBlock says Coinbase's Ethereum (ETH) scaling solution is on track to become the largest layer-2 (L2) blockchain by the end of the year. In a new report, IntoTheBlock says that key metrics indicate Base is experiencing exceptional growth this year.

The Monochrome Ethereum ETF went live on October 15 on the Cboe Australia exchange. This is exciting news for investors who want to dive into the crypto market without having to buy Ether directly.

Monochrome Asset Management has announced the launch of the Monochrome Ethereum ETF (IETH), marking Australia's first exchange-traded fund (ETF) that provides direct access to ethereum. Trading under the ticker ‘IETH' on Cboe Australia, the ETF will be available on most Australian brokerage platforms, allowing local investors to gain exposure to ethereum through a direct-holding structure.

An analyst has explained how Ethereum could see a run toward the $6,000 level if this historical pattern continues to hold for the asset's price. Ethereum Ascending Channel Could Reveal Its Next Destination In a new post on X, analyst Ali Martinez has discussed a pattern that the 1-week price of Ethereum has potentially been following during the last couple of years.

Ethereum's price has surged over 5%, breaking above $2,600 and eyeing further gains if it can clear the $2,650 resistance level.

Ethereum perpetual futures funding rate skyrocketed to an annualized 18%+, the highest since May 2024, indicating bullish market sentiment.

Ethereum co-founder Vitalik Buterin has floated a proposal to reduce dramatically the entry barriers for network validators.

Ethereum layer 2 blockchain, Scroll, has partnered with Cysic Network to integrate zero-knowledge computing power into the blockchain to accelerate Ethereum scaling.

Buterin has donated the memecoins to an organization focused on anti-airborne disease initiatives.

Buterin vision for Ethereum's future includes faster transactions, staking accessibility, and network security.

As Bitcoin's (BTC) price retested the crucial resistance level around $66.4k in the past 24 hours, Ethereum's (ETH) price followed in tandem to reach a range high of about $2,638.

The crypto prices today have sparked substantial investor optimism globally, pumping heavily on Tuesday. Bitcoin (BTC) price soared remarkably to top the $65K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices surged 2%-5% over the past day.

The Ethereum spot ETF recorded a net inflow of $17.0656 million on October 14, indicating rising investor interest.

Ethereum price started a fresh increase above the $2,500 resistance. ETH is up over 5% and might continue to rise if it clears the $2,650 resistance.

CoinGecko Q3 Crypto Industry Report determined that the whole market has shrunk by 1.0%. Bitcoin enjoys a 3-year high for market domination, and Ethereum is slipping in several metrics.

The Monochrome Ethereum ETF (IETH) went live on Cboe Australia on Oct. 15, following the issuer's launch of a spot Bitcoin ETF in June.

Leading cryptocurrencies rallied handsomely Monday, coinciding with fresh highs scaled by stocks.

User activity on the Ethereum network has recently spiked, reflecting a significant increase in engagement among users. Over the past week, the number of unique addresses involved in transactions surged by 21%, reaching approximately 362,000 active addresses.

Monochrome Asset Management is set to launch Australia's first spot Ethereum exchange-traded fund on Tuesday.

The firm hosted a private event in Sydney to celebrate the launch, revealing the ETF will be available on most Australian brokerages.

Vitalik Buterin has offered thoughts on possible improvements for the Proof-of-Stake (PoS) system.

Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.

Vitalik Buterin proposes lowering Ethereum's validator threshold to 1 ETH to increase participation and improve decentralization. The post Vitalik proposes lowering Ethereum validator threshold from 32 to 1 ETH appeared first on Crypto Briefing.

Ethereum price surged 6.5% during the U.S. trading session on Monday, currently trading at $2,630. Amid the broader market uptick, the sharp recovery could be linked to the launch of Australia's first Ethereum spot ETF (IETH) on the Chicago Board Options Exchange (Cboe).

Vitalik Buterin explored several potential improvements that could make Ethereum cheaper to support and much faster overall.

Ethereum's (ETH) price has surpassed $2,500 for the first time since October 1. However, despite the market's rising optimism, this upward movement may not be as smooth as it seems.

Eagle-eyed crypto observers noted over the weekend that Google Search has stopped displaying price charts for Bitcoin (BTC) and other cryptocurrencies in its search results.

Cryptocurrency markets are trading higher as expectations around Chinese stimulus rise. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,903.70 +5.4% Ethereum (CRYPTO: ETH) $2,630.58 +7.4% Solana (CRYPTO: SOL) $156.05 +7% Dogecoin (CRYPTO: DOGE) $0.115 +4.8% Shiba Inu (CRYPTO: SHIB) $0.00001826 +5.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.9% and daily active addresses growing by 1%.

Bitcoin's rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.

October greets multiple large-cap altcoins with impending $500M token unlock action: shall investors be concerned?

A new week has started mainly bullish for most of the coins, according to CoinMarketCap.

Crypto investors are not keen on dealing with cryptocurrency trading platforms, which has resulted in the dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum hit a historic low after investors and crypto enthusiasts opted for self-custody solutions for their virtual assets.

The beginning of the fresh weekly trade has flipped the market sentiments, which were buried under a strong bearish influence. The Ethereum price has also flipped from the interim support and at each dip, the second-largest token has been offering a good buying opportunity.