TL;DR Vitalik Buterin warns that Ethereum's blob count is nearing its limit, with 75% of capacity used. He proposes increasing the number of blobs per block to improve scalability and support layer 2 solutions.

Ethereum price has significantly underperformed in the recent past compared to Bitcoin as whale investors prefer the latter.

Fund flow into Bitcoin (BTC) linked exchange-traded funds (ETFs) suggests US investors are bullish on the crypto. On Thursday alone, they poured $365 million into spot Bitcoin ETFs, pushing this week's total over $600 million.

The security exploit, which has been “handled,” saw Bedrock lose $2 million after an attacker was able to swap ETH for BTC like-for-like.

The price of Ethereum (ETH) has not really kicked off despite the bullish sentiment in the market. However, various signals are pointing toward a potential rally for the leading altcoin on the market.

Covalent is excited to announce the launch of its Ethereum Wayback Machine (EWM) Light Client Testnet, a key initiative designed to protect Ethereum's decentralized and trustless nature as it continues to scale. The light client allows participants to help secure Ethereum's historical data, ensuring long-term availability without relying on centralized entities.

Ethereum is in turmoil as it reels from a 40-month low against Bitcoin. With these factors at play, smart investors are looking for the next best things. One of them is Rexas Finance, alongside Solana, and Dogecoin which are some of the most rewarding places to invest in the crypto space.

Ethereum (ETH) price today is up 1.71% and trades at $2,673. In the past ten days, ETH has surged 10%, ending its lackluster performance since August.

Ethereum has surged above $2,600, with one trader making an impressive $554,000 profit from smart trades.

Competition among Layer 2 networks on Ethereum is heating up. Base, a Layer 2 solution developed by Coinbase, is currently experiencing explosive growth that could lead it to surpass Arbitrum, the current leader in this space.

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase.

BNY Mellon, one of the oldest banks in the US, received a non-objection from the Securities and Exchange Commission (SEC) for expanding its crypto custody services beyond its initial Bitcoin and Ethereum exchange-traded fund (ETF) plan.

USDT's anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT's transition to this layer has been over and again stalled.

Ethereum co-founder Vitalik Buterin has recently warned the crypto community of an imminent risk of network saturation. According to him, the number of "blobs" is dangerously close to its maximum limit.

BTC's move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump.

Following the market's recent pump, the leading cryptocurrencies have seen a remarkable performance. Bitcoin is trading above the $64,000 mark, while Ethereum (ETH) has surged 9% in the last week to consolidate above a key support level.

Spot Bitcoin ETFs experienced significant inflows totaling $365.7 million on September 26, 2024, while Ethereum ETFs faced minor outflows, reflecting the dynamic nature of cryptocurrency investments.

Ethereum's scalability push is gaining momentum with a Vitalik Buterin sponsored plan to increase Blob count.

Crypto hack and fraud-related losses decreased in Q3 2024, though Ethereum (ETH) remained the most targeted smart contract platform, according to a report by Immunefi. Losses Primarily Due To Centralized Exchange Hacks Immunefi has released its 2024 Q3 report, detailing the specifics of cryptocurrency-related hacks and losses during the quarter.

Staking protocol Bedrock confirmed their platform was infiltrated by a bug involving uniBTC, which allowed users to exchange a uniBTC with an ETH token. Bedrock announced through an X post on Sept.

The Bitcoin (BTC) price has been showing major strength ahead of the Friday options expiry surging past $65,000 levels for the first time since August 1. A total of $5.8 billion BTC options are set to expire today along with the PCE inflation data release for the month of August.

Ethereum's All Core Developers Execution Call #197 covered critical updates on the Pectra and Fusaka upgrades, including EIPs and performance issues.

After days of bulls' dominance in the crypto market, many cryptocurrencies have felt an uptrend, including Ethereum, which has hit saturation earlier but made satisfactory gains recently. This recovery was important in September, as this month is known for the market's poor performance.

The postponement, however, was widely expected while the next deadline of November 10 should be the decisive one.

Visa has announced an innovative product designed to help banks issue fiat-backed tokens on the Ethereum network.

Ethereum has struggled to find stable ground at around $3,000, with weak institutional inflows and waning investor confidence keeping the altcoin subdued.

Bitcoin's correlation with gold has reached its highest point in five months. According to data from Into The Block, this increase coincides with gold reaching a new all-time high against the dollar, trading at $2,670 per ounce today.

The crypto market is set for potential volatility as approximately $7.7 billion worth of Bitcoin and Ethereum options expire today.

Charles Hoskinson, the founder of Cardano, made headlines by describing Ethereum as a “dictatorship.” His comments incited a debate about the governance structures of leading blockchain platforms, particularly focusing on the influence of Ethereum co-founder Vitalik Buterin.

“I think the ecosystem is sleeping on the fact that it's uncomfortably close to a ceiling,” cautions the Ethereum co-founder.

Ethereum price is eyeing a fresh increase like Bitcoin. ETH must surpass $2,665 to continue higher and trade to a new high in the near term.

Leading cryptocurrencies pumped Thursday, aided by favorable economic data, and sharp inflows in spot exchange-traded funds (ETFs). Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.

ETH price may rise despite declining dominance, supported by whale activity and burns.

Guggenheim Treasury Securities (GTS), a subsidiary of financial consulting firm Guggenheim Capital, has issued $20 million worth of Digital Commercial Paper (DCP) on Ethereum. The DCP received a P-1 credit rating from Moody's.

As it looks to break out of its ongoing bearish trend, Ethereum is at a pivotal point on the market. Lately, ETH has surged past a number of notable resistance levels, indicating strength and positivity among traders.

Ethereum, the second-largest cryptocurrency by market capitalization, has yet to reclaim the $3,000 price level since early August. Since the beginning of September, Ethereum has mostly traded below $2,600, but this week brought a glimmer of hope for investors as it finally managed to break above the $2,600 threshold.

A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase. In a new set of announcements, top US-based crypto exchange platform Coinbase says it's adding DeFi platform Moonwell (WELL) and ZKsync (ZK), an Ethereum scaling solution, to its suite of products.

The price of Ethereum's native token, Ether (ETH), has struggled to gain upside momentum since the beginning of 2024. The world's second-largest crypto by market cap even recently hit an over 42-month low against Bitcoin (BTC).

SEC's Gensler suggests BNY Mellon's crypto custody model might expand to include a wider range of digital assets. The post Gensler suggests BNY Mellon's crypto custody model could expand beyond Bitcoin and Ether ETFs appeared first on Crypto Briefing.

Ethereum struggles to add new addresses to its network, currently holding just 78000 new addresses.

The commercial paper, issued via Amp.Fi Digital, is the latest example of a tokenized real-world asset launched by a traditional finance giant.

Just $6 million remains in the main wallet of the WazirX hackers, with most of the funds dispersed and mixed to make them harder to track.

Cryptocurrency markets are spiking, with Bitcoin reaching its highest level since early August. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,048 +3% Ethereum (CRYPTO: ETH) $2,653 +2.8% Solana (CRYPTO: SOL) $156.58 +4% Dogecoin (CRYPTO: DOGE) $0.1183 +7.8% Shiba Inu (CRYPTO: SHIB) $0.00001841 +18.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.1% and daily active addresses falling by 4%.

A Genesis creditor conducted a large Ethereum sale, signaling a crucial development in the ongoing liquidation process. This creditor is the largest recipient of the Genesis Trading bankruptcy proceedings.

Ethereum (ETH) burns quietly surge over the past week.

According to Guggenheim Treasury Services, the product is the first digital version of commercial paper on the Ethereum network.

U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether funds also added $43.23 million. Blackrock's IBIT Leads Bitcoin ETFs, While Grayscale's Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session for the 12 spot bitcoin ETFs and the nine spot ether ETFs.