RedStone launches oracle AVS on EigenLayer
RedStone is the first large oracle to launch on the Ethereum restaking protocol. Go to Source
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Ethereum Staking Reaches All-Time High, Reflecting Investor Confidence
Ethereum staking hit a record high in Q3 2024, with more holders participating to earn yield, reflecting increasing confidence in Ethereum’s long-term potential. This trend signals a strong sense of optimism among investors regarding Ethereum’s future performance and stability as a leading blockchain network. Ethereum staking hit an all-time high in Q3, with more holders … Read more
Massive Inflows Push Bitcoin ETFs Higher as Ether Funds Falter
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) marked another day of gains, pulling in $294.29 million in positive inflows. In contrast, ether ETFs saw a different story, losing $20.8 million across nine funds during the trading day. As Bitcoin ETFs Surge Again, Ether Funds See $20.8M in Outflows According to sosovalue.xyz metrics, the 12 … Read more
Ethereum Faces Short-Term Hurdles, But Long-Term Rally Potential Remains Strong
Ethereum is currently navigating through challenges but continues to display signs of potential for a rally. With increased open interest and a rising Relative Strength Index (RSI), the market sentiment suggests higher highs and lows are on the horizon. Although a slight dip in Ethereum’s price could occur in the short term, long-term traders stand … Read more
Ether price in 7-month decline amid ‘L1 wars,’ says analyst
“Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst. Go to Source
Ethereum Foundation And Whale Activity: ETH Sales And Profits Amid Market Rebound
The Ethereum Foundation has continued its regular ETH sales, offloading another 100 ETH for 252,939 DAI just 30 minutes ago, taking advantage of today’s price rebound. This sale is part of a broader strategy by the Foundation, which has been consistently selling small portions of ETH weekly since early September. To date, they have sold … Read more
From Bitcoin to Tether: How Trump’s Campaign Quietly Raked in Millions in Crypto
Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC), … Read more
Ethereum validators up 30% in a year, driven by institutional adoption
Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking. Go to Source
Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses
Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded outflows, with $12.7 million exiting the ether funds. Bitcoin ETFs Pull in $371M While Ethereum Funds Drop by $12.7M On Tuesday, Blackrock’s … Read more
Vitalik Buterin Sells $633K Worth Of Memecoins, Likely For Charity Donations
Ethereum co-founder Vitalik Buterin recently made headlines after selling six memecoins, accumulating 257.11 ETH, valued at $633,000, in just 50 minutes. Buterin has a history of selling memecoins for charitable donations, and this time seems to be no different. The memecoins sold by Buterin include: – 330K $MSTR, worth $281,000, sold for 114 ETH – … Read more