Ethereum ETF Outflows Surge, ETH Signals Sell
On August 15, spot Ethereum ETFs had a $39.2 million net outflow, with Grayscale’s Trust losing $42.5 million. The Ethereum (ETH) market is experiencing increased selling pressure, as the most recent statistics revealed significant outflows from ETH exchange-traded funds (ETFs). Furthermore, prominent ETH whales have triggered a significant sell-off in the market. This event comes […]
Ethereum L2 Ecosystem Records Daily ATH of 12.4M Transactions
The layer-2 scaling ecosystem of Ethereum has recently achieved a new daily transaction all-time high (ATH) of $12.42 million. Ethereum L2 As per the data from Growthepie, an Ethereum layer-2 block space analytics platform, the aggregated daily transactions within the scaling ecosystem reached a record high of $12.42 million on August 12. Leon Waidmann, the […]
Ethereum ICO Whale Dumps 5,000 ETH
This whale acquired one million ETH during the Ethereum ICO Whale at $0.31 and has been steadily selling off large amounts. One of the most renowned whales in the Ethereum (ETH) market has recently dumped another 5,000 ETH, which is a situation that can be considered alarming. This whale received one million ETH at a […]
Ether ETF Records Weekly Positive Inflows for First Time Since Launch
The first week of positive net inflows recorded $105 million for Spot Ether exchange-traded funds (ETFs) in the United States since their inception on July 23. As per SoSoValue, an ETF tracker, the nine recently launched spot Ether ETFs in the United States experienced positive aggregate net inflows of $104.8 million during the week commencing […]
Vitalik Buterin Supports Proposed ERC-7683 for Cross-chain Trade
Vitalik Buterin has openly supported the ERC-7683, a proposed standard for cross-chain transaction execution developed by Uniswap Labs and Across Protocol. The new standard’s objective is to enhance interoperability between decentralized networks and establish a unified framework for cross-chain intentions, as outlined in a recent X post by Uniswap Labs. The Ethereum Magicians forum has […]