Ethereum is preparing for a significant architectural upgrade that could see a zero-knowledge Ethereum Virtual Machine (zkEVM) integrated directly into its layer-1 blockchain within a year. In a post by Sophia Gold, a developer in the Ethereum Foundation’s (EF) protocol support team, the EF outlined a path toward replacing traditional block execution with zero-knowledge proofs…
Bitcoin and Ether investors piled into their respective crypto-themed funds on Thursday, marking their second-largest daily inflows since their inception. US spot Bitcoin exchange-traded funds inflows totaled $1.17 billion, with $448 million coming from BlackRock’s iShares Bitcoin Trust ETF (IBIT) and $324 million from Fidelity’s Wise Origin Bitcoin Fund, according to Farside Investors. The near-record…
Key takeaways: ETH futures and options markets show hesitation despite spot ETF inflows and rising TVL figures. Layer-2 growth and lower fees haven’t translated to increased demand for ETH or sustained price momentum. Ether (ETH) price rallied 13.5% over two days, reaching $3,000 on Thursday, but traders remain unconvinced about whether it will hold. Despite…
Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and…
Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, with plans to raise up to $300 million to support the move. The company said on Thursday it plans to raise between $200 million and $300 million in different phases to build a sizable Solana (SOL) token treasury. The capital will…
Key takeaways: Ether closed above $2,700 for the first time in a month. Declining BTC dominance and a pivotal 72-hour window for ETH could confirm the start of an altcoin season. Ether (ETH) closed above $2,700 on Wednesday for the first time in four weeks, signaling continued bullish momentum. The upward move continued into Thursday,…
What is Ethereum’s 6-second blocks EIP-7782 proposal? Ethereum core developer Barnabé Mannot has proposed EIP-7782, which seeks to halve Ethereum block times from 12 to six seconds. If accepted, it would become one of the most significant upgrades since The Merge, which introduced the new proof-of-stake (PoS) consensus layer. The EIP-7782 proposal put forward the…
Ethereum co-founder Joseph Lubin said ETH treasuries are crucial for the development of the Ethereum ecosystem. During an interview with CNBC on Tuesday, Lubin said that a large amount of Ether (ETH) is in circulation, but there is insufficient activity to utilize it. He cited this as the reason he is involved in building the…
Shares in SharpLink Gaming closed Tuesday trading up over 28% after the sports betting company said it made a series of Ether buys to bring its holdings to 205,634 Ether, worth over $533 million. SharpLink said on Tuesday that in a buying spree from June 28 to July 4, it acquired 7,689 Ether (ETH) for…
Key point: Ether’s (ETH) price has been in a range for several days, but institutional investors seem to be silently accumulating. Ether exchange-traded products (ETPs) recorded $225 million in inflows for the trading week ended Friday, according to CoinShares data. It was the 11th successive week of inflows into Ether ETPs. Could sustained buying into…