ETH – Page 10 – DIGIT INFO

Ethereum Sees 82,000 ETH Inflow To Derivative Exchanges Amidst Market Uncertainty

November 8, 2024 by DIGIT

A significant surge of 82,000 ETH into derivative exchanges signals potential volatility in the Ethereum market. Historically, such large inflows have often preceded price corrections or dramatic price swings, indicating that traders may be positioning themselves for upcoming shifts. https://twitter.com/kyledoops/status/1853784398241628286?t=r6S_FIpvOivRXUs0iEnkbw&s=19 As Bitcoin hovers close to its all-time high, Ethereum’s market dynamics tell a different story, … Read more

Ethereum fees poised for rebound amid L2, blob uptick

November 7, 2024 by DIGIT

In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March. Go to Source

Ethereum holder turns $38K into $30M after 8 years

November 7, 2024 by DIGIT

The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800. Go to Source

Ethereum white paper turns 11, celebrating blockchain’s ‘foundational’ layer

November 4, 2024 by DIGIT

The next decade will bring more institutional adoption for Ethereum, but solving the security concerns of the wider crypto space remains a priority. Go to Source

3 signs Ethereum price is in trouble below $2,500

November 4, 2024 by DIGIT

Ethereum has struggled to sustain a rally above $2,500 and data suggests that more downside could be on the way for ETH price. Go to Source

‘I dropped the EigenLayer advisorship’ — ETH Foundation’s Justin Drake

November 2, 2024 by DIGIT

Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields. Go to Source

Ethereum ETFs See Outflows Amid Price Struggles, While BTC ETFs Draw Steady Investor Interest

October 30, 2024 by DIGIT

Bitcoin ETFs are drawing substantial investor interest, with funds continuing to flow in steadily. In contrast, the launch of Ethereum ETFs hasn’t seen the same enthusiasm, facing significant outflows in the initial days without substantial inflows since. ETH’s MVRV is at 1.25, close to a key level. Our latest idea on @tradingview explores why you … Read more

Grayscale’s Bitcoin, Ether ‘mini’ ETFs pulled $750M in first 3 months

October 29, 2024 by DIGIT

The “mini” trusts spun off from Grayscale’s legacy Bitcoin and Ether funds in July. Go to Source

‘The Splurge’ to seek better cryptography to plan for quantum computers: Buterin

October 29, 2024 by DIGIT

Vitalik Buterin shared his plan for “The Splurge,” with the goal to “fix everything else” in upgrading Ethereum, including planning for encryption-breaking computers. Go to Source

14 Million ETH and Counting: The Growing Influence of Ethereum Liquid Staking Giants

October 28, 2024 by DIGIT

One month ago, ethereum liquid staking derivatives (LSD) protocols collectively held 14.08 million ETH, crossing the 14 million milestone. Since then, these protocols have scooped up an additional 60,000 ETH. Ethereum’s Liquid Staking Surge Ethereum liquid staking has skyrocketed in popularity recently, with protocols now securing 11.74% of the total 120,401,221 ETH in circulation. For … Read more