Ethereum

• Country: United States

Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down

Abstract will shut down Dec. 15, saying a chain focused solely on consumer crypto proved unsustainable, and is urging users to bridge their assets off before then.

• Trade press
• Country: United States

Ethereum bears keep selling but ETH stays near $2,700 as US spot ETFs record $206 million in outflows

Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure. US spot ETH exchange-traded funds recorded $50.76 million of net outflows on Oct. 5, extending their losing streak to…

• Trade press
• Country: United States

Ethereum’s proposed 3x ETF could reach CME’s futures threshold with just $362 million

At ETHU's Oct. 6 disclosed futures valuation, a 3x Ethereum ETF with $362.1 million in assets would target about $1.09 billion of exposure. If held entirely in standard CME Ether futures, that would equal 8,000 contracts, CME's single-month and all-month accountability level. The SEC approved Cboe…

• Country: Malta

EEZ tests atomic L1-to-L2 transaction in push to unify Ethereum

An EEZ contributor shared a 0.001 ETH cross-chain test as the project develops a framework to connect Ethereum mainnet and its rollups.

• Country: United States

SEC Clears 3x Leveraged Bitcoin and Ethereum Funds for Trading

The agency approved a Cboe rule letting six Volatility Shares funds that triple the daily moves of Bitcoin, Ethereum, gold, silver, oil, and natural gas list on a U.S. exchange.

• Country: United States

Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target

The purchase lifts Bitmine's stash past 6 million ETH—4.9% of supply and 99% of the way to its "Alchemy of 5%" goal—as chairman Tom Lee says Ethereum is "dwarfing" other macro assets.

• Country: United States

Technicals signal bitcoin shift, Ethereum gears up for Glamsterdam: Crypto Week Ahead

• Community aggregator
• Country: United States

Blob Space, Data Availability, and the Shifting Economics of Ethereum L2s

Blob Space, Data Availability, and the Shifting Economics of Ethereum L2s 1/ Ethereum's EIP-4844 introduced dedicated blob space, slashing L2 transaction fees by over 90%. But how has this altered the economic equilibrium between rollups and the base layer? A quick look: 🧵 2/ With execution fees…

• Country: United States

Ethereum has a 25-day wait to start staking, with nearly 1.5 million ETH in line

• Trade press
• Country: United States

Ethereum’s past outflow charts can change when more exchange wallets are identified

Coin Metrics rebuilt ETH Standard flows, but an outflow trading claim still needs the data available at the decision time. The post Ethereum’s past outflow charts can change when more exchange wallets are identified appeared first on CryptoSlate .