Ethereum is launching a new testnet called Hoodi on March 17 to finalize testing for the upcoming Prague-Electra (Pectra) upgrade. According to Ethereum developer Tim Beiko, the Pectra mainnet deployment could occur 30+ days after successful Hoodi testing, potentially...
An executive at NFT platform Yuga Labs has warned that Ethereum's price could fall to between $200 and $400 in an extreme bear market scenario if the cryptocurrency market enters a new downturn. Under the pseudonym "Quit," the executive...
Vitalik Buterin has issued a public call for researchers to participate in the Poseidon cryptanalysis program as Ethereum developers contemplate integrating the specialized hash function into the blockchain network. "We are seriously considering migrating Ethereum to the Poseidon hash...
The options markets of both Bitcoin and Ethereum are showing divergent trends, according to crypto exchange Bybit. In its latest crypto derivatives report, the crypto reported that Bitcoin's open interest began rebalancing after December's option expirations, while Ethereum saw...
Ethereum’s dominance in the DeFi sector has long been contested by rival Layer 1 blockchains. However, it might just be the most significant challenge may not come from these external competitors but from within its own ecosystem. A major...
Ethereum's evolution has been defined by its ability to adapt to the demands of its ever-expanding ecosystem of dApps and financial systems. Central to this is the gas mechanism, which governs the amount of computational work each block can...
Ethereum's Ether (ETH) is the second-largest cryptocurrency by market capitalization and has long been a cornerstone of the blockchain ecosystem. It follows closely behind Bitcoin in terms of market performance, often reflecting similar patterns of gains and losses. As...
Ethereum’s L1 network revenue is haemorrhaging pretty badly. It crashed by a whopping 99% from a peak of $35.5 million on March 5, 2024, to a mere $578,000 as of September 2, 2024, raising valid concerns about the future...
Current State of Ethereum Exchange Reserves Ethereum’s exchange reserves—the amount of the cryptocurrency held on exchanges, centralized or decentralized—have hit historic lows over the past few months. Between May and June 2024, over $3 billion worth of Ether was...
A crypto whale wallet has transferred 5,000 ETH, valued at $13.2 million, to the OKX. This move, flagged by blockchain analytics platform LookonChain in an X post on Monday, August 12, is part of a series of transactions by...
