ETH Under Pressure as Falling DEX Volume and DApp Revenue Signal Ecosystem Slowdown
TLDR: ETH stays below the $2,400 resistance as repeated rejections signal weak bullish momentum overall Ethereum DEX volume drops 53%...
Ethereum News
Ethereum Liquid Staking Expands as EEA Deploys Treasury via Lido Model
TLDR: EEA deployed treasury ETH via Lido, receiving stETH while maintaining liquidity and staking exposure. Ethereum liquid staking removes validator...
MegaETH Initiates Token Repurchase Program Powered by USDm Stablecoin Yield
Key Highlights MegaETH introduces token repurchase initiative funded by USDm stablecoin earnings. Reserve yields from USDm now provide market support...
MegaETH Foundation Completes First MEGA Buyback Using USDm Rewards
TLDR: MegaETH Foundation completed its first MEGA buyback on May 7th using USDm net rewards through April. The current USDm...
Enterprise Ethereum Alliance Begins Treasury Deployment Into Ethereum-Native Staking Infrastructure
EEA’s initial treasury deployment will stake ETH through Lido as part of a broader move toward operational use of Ethereum...
Tom Lee: Ethereum Is the Best-Performing Asset Since the Middle East Crisis Began
TLDR: Ethereum has outperformed all global assets since the Middle East crisis, beating the S&P 500 by nearly 20 percentage...
BitMine Plans to Slow ETH Buying Near 5% Supply Goal
TLDR BitMine may slow its Ethereum purchases as it approaches its 5% supply target. Chairman Tom Lee said the company...
Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding...
Tom Lee Declares Crypto Spring as Bitmine Buys $238M ETH
TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The...
Ethereum Gas Limit to Triple After Glamsterdam Upgrade, Fees Could Stay Near Zero for Years
TLDR: Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade. L1 execution capacity will...
Ethereum Price Structure Tightens as Key Support Near $2,300 Holds
TLDR: Ethereum price structure shows strong compression between the $2,200 support and the $4,800 resistance zone. Monthly chart trendline support...
Ethereum Dip Warning: On-Chain Data and Technical Signals Point to More Downside Ahead
TLDR: Ethereum Exchange Supply Ratio has dropped to low levels, but price has not formed a matching bottom yet. Historical...
Bitmine Stakes $508M ETH in One Day, Now Controls 10.5% of Ethereum’s Total Staked Supply
TLDR: Bitmine staked $508.4M worth of ETH in a single day through six large transfers via Coinbase Prime. The firm...
Ethereum Pulls $1B in Buy Volume on Binance as ETH Drops Below $2,300 Amid Fed Rate Hold
TLDR: Ethereum taker buy volume surpassed $1B on Binance within one hour after ETH dropped below $2,300. OKX recorded nearly...
LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M...
