Ethereum price has recently seen a surge, with its price hitting $2,400 due to the highly anticipated Pectra upgrade. This new improvement on the network has helped boost investors’ confidence and show Ethereum’s decision to evolve and scale. This 20% rise in price marks ETH’s biggest daily rise in four years. The Pectra upgrade is […]
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Ether.fi Integrates Chainlink Proof of Reserve to Enhance eETH Transparency
Key Takeaways Ether.fi has now integrated Chainlink’s Proof of Reserve (PoR) onto the Ethereum mainnet. The cutting-edge oracle solution provides live, on-chain insight into assets held by ether.fi, at the current level of over 2.4 million ETH. Strategic adoption is intended to further support eETH, ether.fi’s non-custodial liquid restaking token’s transparency and credibility. eETH is […]
Bitcoin, Ether Drop: But Solana Faces the Ultimate Test at $115
Key Takeaways: Global markets plummeted as United States President Donald Trump introduced far-reaching sets of retaliatory tariffs to balance trade deficits. The policy, where there is a baseline tariff of 10% on imports with higher levies on certain goods, shook equities, commodities, and digital assets. Importantly, a tariff of 25% on foreign vehicles may hurt […]
Berachain Surges to $3.26B TVL Overtakes Arbitrum and Base
Berachain has reached a significant milestone, with its total value locked (TVL) exceeding $3.26 billion. This achievement places the Layer-1 blockchain ahead of Arbitrum and Base in the decentralized finance (DeFi) sector. As the sixth-largest DeFi network, Berachain continues to gain traction among users and investors. Berachain’s TVL Growth and Market Position According to DefiLlama […]
Yakovenko’s Flawed Vision: Solana Co-Founder Prioritizes Speed Over Security, Raising Grave Concerns
In a recent debate in the cryptocurrency community, Solana co-founder Anatoly Yakovenko and Ethereum researcher Justin Drake discussed the crucial issue of economic security within blockchain networks. Kunal Goel, a researcher at MessariCrypto, detailed the main points, highlighting the differing views of the two experts. One of the central points of contention was the nature […]
Ethereum Futures ETFs Make a Splash: The Rise of 9 New Players
The world of exchange-traded funds [ETFs] based on Ethereum futures received a significant boost with the launch of VanEck’s EFUT fund. VanEck, a global investment manager, activated its EFUT fund for trading, offering investors exposure to Ether-linked investments through an exchange-traded instrument. It’s essential to note that EFUT does not directly invest in ETH or […]
Massive Ethereum Transaction: 10,600 ETH Sold, Resulting in $3 Million Loss
A large investor recently divested 10,600 units of Ether, totaling a value of $17.2 million. Despite having garnered an overall profit of $10.8 million through their Ether holdings, this particular sale incurred a substantial loss of $2.9 million. Data from Lookonchain highlights that the investor’s success rate stands at 22%, with only four out of […]
Crypto Whale’s Moves Ignite Community Curiosity
In the volatile world of cryptocurrency markets, significant transactions and movements often raise eyebrows, especially when carried out by large holders known as “whales.” Recent data from Lookonchain has shed light on the intriguing activities of a crypto whale with the wallet address 0x5b…551E. Over the past two days, this whale has executed substantial deposits […]
Ethereum ETF Euphoria: A Potential Catalyst For Soaring All-Time Highs
The price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, could experience a significant surge if the U.S. Securities and Exchange Commission (SEC) give their approval for multiple futures exchange traded funds (ETFs) based on Ether. The speculation has been gaining traction in the crypto market as the Wall Street Journal (WSJ) indicate that […]
Ethereum Has Been Flowing From CeFi to DeFi
The conversations surrounding the decentralized finance [DeFi] realm might have taken a backseat with the rise in prominence of Bitcoin, but when it comes to the second-largest cryptocurrency, Ethereum, deFi continued to hold a special place. Despite a significant price appreciation, Ethereum investors were found to be with withdrawing their assets from centralized exchanges. Data […]