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news-imageOctober 26, 2024

Vitalik Buterin Unveils True Goal of Ethereum Foundation's Recent ETH Sales

Vitalik Buterin, a co-founder and the frontman of Ethereum, has responded to a critic, clarifying the recent large ETH sales conducted by the Ethereum Foundation.
Publisher: UToday
Sentiment: Neutral
ETH

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Neutral
cover-imageNewsBTC
October 26, 2024

Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?

Ethereum (ETH) has experienced a lackluster phase in recent weeks, with the asset seeing small price surges but still struggling to hold near or above the $3,000 mark after a brief rally in August. According to a recent analysis from a CryptoQuant analyst, the behind the scenes of this price struggle for ETH has been quite interesting, with the asset seeing a significant shift in its netflow.

Positive
cover-imageCoingape
October 26, 2024

Vitalik Buterin Outlines Helios's Role In Multi-Chain Ethereum Scaling

Ethereum co-founder Vitalik Buterin has outlined key steps for Ethereum's scaling, emphasizing the role of Helios, a multichain light client. Following ETH's path toward scalability and decentralization, Vitalik Buterin noted that implementing Helios and similar solutions to mobile and desktop wallets is crucial for light client verification on Ethereum's Layer 1 and Layer 2 networks.

Negative
cover-imageCoinPedia
October 25, 2024

Ethereum Whale Dumps $23 Million of ETH as Price Sinks

The current market sentiment is quite confusing and unpredictable regarding whether the price of the asset will rally or crash. Given the current market conditions, an Ethereum Whale that holds nearly $23 million worth of ETH has dumped its entire holding after holding it for 10 months.

Negative
cover-imageThe Currency Analytics
October 25, 2024

Ethereum Fees Spike Amid L2 Token Airdrop: What You Need to Know

Ethereum users have recently encountered a sharp increase in transaction fees, which surged to over $4 amid the excitement surrounding a new Layer 2 (L2) token airdrop. This spike marks the third notable increase since the Dencun upgrade, which was intended to streamline transactions and reduce costs.

Negative
cover-imageBenzinga
October 25, 2024

Bitcoin, Ethereum, Dogecoin 'Chopfest' Begins As Weekend Nears, Traders Warn

Cryptocurrency markets are trading lower despite whale transactions rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,789.25 -1.9% Ethereum (CRYPTO: ETH) $2,471.40 -2.5% Solana (CRYPTO: SOL) $167.86 -5.4% Dogecoin (CRYPTO: DOGE) $0.134 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001721 -3.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.5% and daily active addresses dropping by 6.3%.

Positive
cover-imageCryptopolitan
October 25, 2024

Group of Japanese companies cast support for Bitcoin and Ether ETFs

The Japanese financial regulators are examining crypto exchange-traded funds (ETFs) for possible approvals following the U.S. regulator's greenlight to spot Bitcoin and Ethereum ETFs. Japan Group suggests that the local regulator in the country should mirror the U.S. regulator by focusing on the major crypto assets, Bitcoin and Ethereum, before considering other digital assets.

Neutral
cover-imageCrypto Economy
October 25, 2024

$5 Billion in Bitcoin and Ethereum Options Expire Today—Massive Market Shake-Up Incoming

TL;DR Massive Expiration Event: Over $5 billion in Bitcoin and Ethereum options expire today, with $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, expected to cause significant market volatility. Market Sentiment Indicators: Bitcoin's put-to-call ratio of 0.66 suggests a bullish outlook, while Ethereum's ratio of 0.

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