Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum's price downside.

Cryptocurrency markets are trading lower as geopolitical tensions continue to loom over global financial markets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,619.33 -1% Ethereum (CRYPTO: ETH) $2,342.84 -3% Solana (CRYPTO: SOL) $134.89 -5.8% Dogecoin (CRYPTO: DOGE) $0.103 -0.7% Shiba Inu (CRYPTO: SHIB) $0.0000159 -3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.4% and daily active addresses falling by 15.9%.

Banking giant JPMorgan recently poured cold water on Ethereum (ETH), the second-largest cryptocurrency, claiming that there is no "bullish impulse" in its futures products.

Franklin Templeton, a multi-trillion dollar asset management firm, has filed for a new exchange-traded fund (ETF) that would provide exposure to both Bitcoin and Ethereum. According to an application with the U.S. Securities and Exchange Commission (SEC) on Wednesday, the firm aims to offer investors a single product that tracks the performance of the two largest cryptocurrencies by market capitalization.

Visa, the global payments giant, has announced a major step forward in integrating blockchain technology with traditional banking. With the launch of its Visa Tokenized Asset Platform (VTAP), set to pilot in 2025, Visa aims to enable financial institutions to mint, burn, and transfer fiat-backed tokens, such as stablecoins, on public blockchains like Ethereum.

Ethereum's (CRYPTO: ETH) price drop woke up a formerly active whale wallet, which bought a significant sum despite the asset's poor recent performance. What Happened: On-chain analytics platform Spot On Chain revealed that the elusive “7 Siblings” wallet made a significant purchase of Ethereum during the recent market dip.

Cyber security firm CertiK revealed that despite a decline in the number of hacks, the total value stolen soared to 750M Q3, with Ethereum as the top target.

Vitalik proposes reducing ETH staking minimum to enhance user participation. Increased bandwidth requirements could temporarily balance lower staking thresholds

“7 Siblings” invested $66M in Ethereum during recent market dip. Previous purchases include $129.3M for 56,093 ETH at $2,305 average price.

Franklin Templeton has filed a proposal with the US SEC to launch a Bitcoin and Ethereum index ETF. If approved, this ETF would be the first to hold both BTC and ETH in a single fund.

Grayscale now has a trust that gives investors access to Aave, a DeFi protocol on Ethereum and the 44th biggest digital token by market cap.

DeFi platforms often need help to provide the security and simplicity users need to manage their crypto wallets. This is where WallitIQ (WLTQ) steps in, addressing these shortcomings through advanced artificial intelligence (AI) and machine learning (ML) technologies.

Visa introduces VTAP, allowing banks to issue and manage fiat-backed tokens on Ethereum, with live pilots in 2025. The post Visa unveils Ethereum tokenization platform for banks with BBVA as early adopter appeared first on Crypto Briefing.

Spanish multinational banking heavyweight Banco Bilbao Vizcaya Argentaria (BBVA) is ready to mint the pilot version of its stablecoin on the top of Ethereum (ETH) blockchain. Visa's brand-new tokenization platform, VTAP, has been chosen as the technical basis for a game-changing product.

Tron price is one of the few crypto assets that are up during the current market turmoil. The coin has gained 0.2% in the last 24 hours and is trading at $0.1539.

TL;DR Vitalik Buterin supports the reduction of the 32 ETH requirement for solo staking in order to facilitate individual participation. He proposes a temporary reduction to 16 or 24 ETH, highlighting that solo stakers are key to Ethereum's security and decentralization.

Ethereum co-founder Vitalik Buterin has proposed lowering the minimum deposit requirements for stakers on the blockchain network. In an Oct. 3 post on X, Buterin voiced his support for reducing the current 32 ETH threshold needed to stake on the network to support solo staking.

Ethereum faces bearish sentiment, but strong fundamentals may support future price recovery.

As the cryptocurrency market continues to decline, it appears that Crypto whales are making a big bet on Ethereum (ETH) the second-largest cryptocurrency by market cap. Whales Accumulate Ethereum On October 3, 2024, the on-chain transactions trackers spotonchain made a post on X (Previously Twitter) that the mysterious “7 Siblings,” with assets totaling $2.

OKX cryptocurrency exchange has enhanced its investment product lineup and expanded its trading options. On October 3, 2024, the company introduced the ETH/BTC pair to its Dual Investment product, alongside listing MOODENG, NEIRO, PYUSD, and EIGEN cryptocurrencies.

Data from Farside indicates that Bitcoin spot ETFs experienced a significant net outflow of $91.76 million on October 2, leading to a cumulative net inflow decrease of 0.48% to $18.53 billion.

Ethereum co-founder Vitalik Buterin highlighted that core developers need to work to lower the staking requirements to 1 ETH to further enhance network decentralization.

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 U.S.

Ethereum co-founder Vitalik Buterin has laid out a vision to further decentralize the network without compromising security. In a post shared on X earlier today, Buterin suggested that Ethereum developers should rethink the current 32 ETH staking requirement, calling it a higher barrier than the network's bandwidth demands.

Traders appear less confident in Ether's ability to "weather" the upcoming macroeconomic events compared to Bitcoin, according to a crypto analyst.

The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark.

Lowering solo staking requirements could democratize Ethereum participation, enhancing network security and decentralization significantly. The post Vitalik Buterin advocates lower requirements to democratize Ethereum solo staking appeared first on Crypto Briefing.

Popular crypto analyst Benjamin Cowen is warning that Ethereum (ETH) could suddenly turn bearish in the last three months of the year.

An early Ethereum investor who participated in its ICO has sold 19,000 ETH, worth $47.54 million. The sale has created a short-term FUD amid Ethereum whale holdings dropping by 1.18% over the last 30 days.

Buterin aims to reduce Ethereum's staking requirements, supporting increased decentralization by encouraging solo staking.

Dormant Ethereum ICO whale sold $47.54 million in ETH following a previous $31 million deposit to Kraken.

SoSoValue's data showed that Bitcoin spot ETFs experienced a total net outflow of $91.76M on Oct. 2nd, and the net asset ratio settled at 4.64%. Fidelity's Bitcoin ETF (FBTC) led with a daily net inflow of $21.08M, while ARK 21Shares' ETF (ARKB) performed the worst with a total daily outflow of $60.28M.

Discover insights on restaking in Solana, BNB, and Ethereum, blockchain networks: yields, risks, and staking strategies for crypto investors.

A whale with 150,000 ETH taken in the ICO in 2014 has been selling many in recent days.

While the Ethereum co-founder Vitalik Buterin has been offloading his ETH holdings these days, he recently chipped in to address the concerns of the ETH staking community. In his message on the X platform, Buterin proposed the plan and roadmap to eventually bring the minimum Ethereum staking requirement to 1 ETH.

Ethereum-based strategy card game Shardbound launches open beta on Steam and Epic Games Store, offering a blend of deck-building and tactical combat with plans for future Web3 integration.

Franklin Templeton submitted a Bitcoin and Ethereum index ETF (exchange-traded fund) proposal to the US Securities and Exchange Commission (SEC).

An Ethereum ICO investor sells 47 million dollars in ETH, causing a significant drop in the price of the cryptocurrency.

The Tron blockchain set a new record in Q3 of 2024, recording record revenues of $577.2 million, according to the latest news.

A whale has recently sold a combined total of 31,000 ETH, valued at $79.1 million, contributing to a significant 4% decline in Ether price.

Ethereum's (ETH) price is eyeing a significant rebound after losing nearly 9% of its value in the last seven days. As the altcoin builds momentum for the potential surge, shorts, who expect ETH's price to keep decreasing, might face increased pressure.

An early Ethereum investor has continued a two-week Ether selling spree as Ether's price has slumped 10% since the start of October.

The crypto prices today have shown a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price rested at the $60K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices followed with a waning trajectory.

Traders are positioning for volatility tied to a cloud hanging over the future of decentralized finance regulations in the US.

Ethereum price extended its decline below the $2,450 level. ETH is now consolidating and might struggle to recover above the $2,425 level.

Leading cryptocurrencies continued to trade in the red as geopolitical tensions kept risk appetite in check.

Trillion-dollar asset manager Franklin Templeton has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin and Ethereum index exchange-traded fund (ETF). The fund, named the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF, seeks to provide investors with combined exposure to both Bitcoin and Ethereum, two of the largest