Ethereum DAPPS

Week in Ethereum News September 14, 2024

https://weekinethereumnews.com/week-in-ethereum-news-september-14-2024/

4844 Data Challenge: Insights and Winners
https://blog.ethereum.org/en/2024/09/13/4844-data-challenge

In March 2024, the Ethereum network underwent a significant upgrade with the implementation of EIP-4844, an essential part of the Dencun hardfork, aimed at bolstering Ethereum’s role as a data availability layer. This upgrade introduced "blobs" of data, dramatically enhancing the scalability of Layer 2 solutions by increasing data availability...

Bitcoin Vs. Ethereum: Legendary Analyst Says He’s ‘Pretty Confident’ ETH Will Outperform
https://bitcoinist.com/bitcoin-ethereum-outperform-2/

Legendary crypto analyst, Benjamin Cowen has expressed confidence that Ethereum (ETH), the world’s largest altcoin, could outperform Bitcoin (BTC) soon. This optimistic projection comes as both leading cryptocurrencies experience significant price fluctuations, however, Cowen foresees Ethereum’s current downtrend concluding by year’s end, setting the stage for a resurgence.   Ethereum On Track To Outperform Bitcoin In […]

Ethereum Revenue Falls To A 4 Year Low: Why Dismissing ETH Now Is Wrong
https://bitcoinist.com/ethereum-revenue-falls-dismissing-eth-now-wrong/

Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400. The daily chart shows that ETH is selling off steadily, and the zone between $2,400 and $2,800 is proving to be a strong liquidation region. Ethereum Revenue Falls To May 2020 Levels […]

Ethereum Whales Increase Supply Share, Now Control 43% Of All ETH
https://bitcoinist.com/ethereum-whales-increase-supply-control-43-eth/

On-chain data shows the Ethereum Whales have continued to accumulate more cryptocurrency as their supply share has risen. Ethereum Whales Now Hold Around 43% Of The Entire Supply In a new post on X, the market intelligence platform IntoTheBlock shared an update on how the Ethereum supply concentration has been looking for the major holder […]

Ethereum (ETH) Bounces From $2,200 Low After Network Growth Hits 4-Month High
https://bitcoinist.com/ethereum-eth-bounces-from-2200-low-after-network-growth-hits-4-month-high/

Ethereum has surged 10% since last Friday, marking a notable bounce as the crypto market reacts to local demand levels. Despite this uptick, ETH has been lagging behind Bitcoin and other altcoins in recent months. Related Reading: Are Bitcoin (BTC) Whales Preparing for A Big Move? Key Report Sheds Light Key data from Santiment, however, […]

Traders Pulling From ETH Derivative Exchanges: What’s Next For Ethereum?
https://bitcoinist.com/traders-pulling-eth-whats-next-for-ethereum/

Ethereum remains under pressure at press time, looking at the formation in the daily chart. In summary, ETH is stable on the last day but down 9% in the last week of trading. Of note, there has been a drastic drop in trading volume over the past few days. Overall, traders are upbeat, expecting prices […]

Ethereum Network Growth Hits Highest Level In 4 Months, Will Price Follow?
https://bitcoinist.com/ethereum-network-growth-price/

While numerous cryptocurrencies are experiencing significant downturns due to broader market volatility, the Ethereum (ETH) network is experiencing a substantial growth surge, hitting its highest levels in four months. This notable uptick has sparked speculations about the possibility of a subsequent price increase.     Ethereum Network Sees Explosive Growth In an X (formerly Twitter) post on […]

WisdomTree Files To Withdraw Ethereum Trust Registration Statement – Details
https://bitcoinist.com/wisdomtree-files-to-withdraw-ethereum-trust/

American investment company WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after submission to the US Securities and Exchange Commission (SEC). This development comes a few hours after fellow asset manager VanEck closed down its Ethereum futures ETF citing a lack of demand. Related Reading: Bitcoin ETF Issuer WisdomTree Introduces Prime […]

VC Blasts Ethereum and Layer-2s, Endorses Dash: Here’s Why
https://bitcoinist.com/vc-blasts-ethereum-layer-2s-endorses-dash/

While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion. Popular as they are, most are not only emerging to be centralized but also have security concerns. Recently, the OP Mainnet […]

Ethereum Slips To $2,350 As Whales Make Exchange Inflows Worth $751 Million
https://bitcoinist.com/ethereum-slips-to-2350-whales-exchange-751-million/

Ethereum has witnessed a drop towards the $2,350 level as on-chain data reveals the whales have been making large exchange inflows recently. Ethereum Exchange Netflows Have Been Positive Recently According to data from the market intelligence platform IntoTheBlock, the ETH Exchange Netflow has been positive recently. The “Exchange Netflow” here refers to an on-chain indicator […]

VanEck Shuts Down Ethereum Futures ETF Amidst Struggling Market Conditions
https://bitcoinist.com/vaneck-shuts-down-ethereum-futures-etf/

On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund’s listing exchange until market close on September 16, 2024.  After that date, the shares will no longer […]

Week in Ethereum News September 7, 2024

https://weekinethereumnews.com/week-in-ethereum-news-september-7-2024/

Ethereum Rockets Forward With 3.3% Network Growth While Bitcoin Goes Stale
https://bitcoinist.com/ethereum-rockets-forward-3-3-network-growth-bitcoin/

On-chain data shows Ethereum has notably outpaced Bitcoin in terms of adoption during the last three months, a sign that could be positive for ETH. Ethereum Has Seen Its Holder Count Go Up By 3.3% In Last Three Months According to data from the on-chain analytics firm Santiment, Ethereum has continued to separate itself from […]

Spot Ethereum ETFs Exhibit Similar Trend To Spot Bitcoin ETFs, Market Expert Observes
https://bitcoinist.com/spot-ethereum-etfs-mirrors-price-impact-to-bitcoin/

The historical Spot Ethereum Exchange-Traded Funds (ETFs) are currently seeing a negative sentiment, which is believed to be mimicking the negative trend seen with that of the Spot Bitcoin ETFs on BTC’s price following its inception in January of this year. Their respective ETFs have seen decreased inflows and deteriorating performance, closely mirroring each other […]

Ethereum Reserves On Exchanges Climb Sharply Here’s What It Means For ETH
https://bitcoinist.com/ethereum-reserves-exchanges/

Despite starting the month of September on a positive note, recent data shows that Ethereum reserves on crypto exchanges have witnessed a significant rise, which has raised questions about a possible market implication.  The surge of Ethereum on exchanges is seen as a change in investors’ mood, as some traders may be hoping to profit […]

Ethereum Founder Vitalik Buterin Refutes Claims Of Selling Ether For Profit
https://bitcoinist.com/ethereum-vitalik-buterin-refutes-selling-eth-profit/

Ethereum co-founder Vitalik Buterin has denied allegations that he has been selling significant amounts of Ether for personal gain. Buterin claimed to have sold his ETH tokens to support various cryptocurrency projects and other charitable endeavors.  Here’s Why The Ethereum Founder Moved $2 Million In ETH On Friday, August 30, blockchain data tracker Lookonchain revealed […]

Crypto Fund CIO Labels Ethereum L2 Solutions As ‘Dangerous’ – Here’s Why
https://bitcoinist.com/crypto-fund-cio-tags-ethereum-l2-as-dangerous/

Justin Bons, the founder and chief investment officer of European cryptocurrency fund Cyber Capital, has once again criticized the operations of Ethereum L2 solutions. In a recent X post on Saturday, Bons tagged these blockchain platforms designed to improve the scalability of the Ethereum network as dangerous with the capacity to cart away users’ funds […]

Ethereum Price Still In Most Bearish Quarter In History, What To Expect Next
https://bitcoinist.com/ethereum-price-bearish-quarter/

So far in 2024, the Ethereum price performance has fallen short of market expectations. Instead of rallying alongside Bitcoin to new all-time highs as expected, it stalled and failed to claim $4,000 even at the height of its rally. Now, with the third quarter in full gear, the Ethereum price may still be far from […]

Is Ethereum Price In A Bullish Trend? Analyst Offers Supportive Evidence
https://bitcoinist.com/ethereum-price-a-bullish-trend-supportive-evidence/

The Ethereum price has been on a seesaw motion in the past few weeks, oscillating between the $2,500 and $2,750 zone. The altcoin struggled to make a mark in the past week, as its value fell to as low as $2,400 at some point. While the price performance of the Ether token has been uninspiring […]