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Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee mechanism introduced by EIP-1559 and address widespread misunderstandings. Ethereum’s EIP-1559: Mark Odayan Calls for Rethinking ‘Ultrasound Money’ Links In a detailed analysis by 2077 Research, … Read more
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal. Go to Source
Crypto exchange-traded funds make up 13 of the top 25 fund launches, the investment adviser said. Go to Source
After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks, and Liquidations Jump The crypto market is in the … Read more
An investment of $1,000 into Ether five years ago would be worth over $14,900 today. Go to Source
The applications cover ETFs from issuers including Grayscale, iShares, and Fidelity. Go to Source
Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October. Go to Source
Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024. Go to Source
A whale who had previously excelled in Ethereum trades, earning a staggering $38M (+26.7%) from November 2022 to May 2024, has now suffered a significant loss. The whale deposited 8,825 $ETH ($24.1M) to Binance, leaving behind 10,619 $ETH ($28.5M) with an estimated total loss of $15.7M (-23%) from their ongoing third Ethereum trade. Market turbulence … Read more
Justin Bons, founder and CIO of Cybercapital, a Europe-based cryptocurrency fund, has warned about the effect that the rise of Ethereum L2s is having on the main chain. Bons stated that the activity that Ethereum should be experiencing is happening on L2s, and that is bringing fragmentation and more inflation to the ETH ecosystem. Cybercapital … Read more
