News with the tag "Latest News on Ethereum"

Justin Sun, the crypto billionaire and founder of Tron, has drawn attention to a critical issue on Ethereum: excessive leverage. In a recent tweet, Sun warned that the rampant use of high leverage by traders on both centralized and decentralized platforms could soon implode, resulting in severe loss...

Recent analysis from the Kobeissi Letter reveals that Ethereum (ETH) has shed nearly 50% of its value since the 2024 bull run that followed President Trump’s election victory. This steep decline comes as the broader crypto market, which recently hit a three-month high of $3.895 trillion, has fallen ...

Ethereum co-founder Vitalik Buterin has urged researchers to join the Poseidon cryptographic analysis program as the network evaluates switching to the Poseidon hash function. The new initiative aims to enhance Ethereum’s zero-knowledge proof (zk-proof) capabilities, a critical aspect for verifying ...

Recent on-chain data reveals that Ethereum’s Layer-1 blockchain has amassed over $1.67 billion in DeFi gas fees, representing more than 30% of the total fees generated by all DeFi ecosystems. This robust revenue performance far outpaces that of competing chains such as Base, ZKsync Era, and Arbitrum...

Ethereum co-founder Vitalik Buterin has emphasized that increasing the capacity of Ethereum’s base layer remains crucial, even as the network focuses on rollup-centric solutions. In a recent blog post, Buterin argued that despite the recent increase in gas limits—from 30 million to 36 million—there ...

Ethereum (ETH) is showing renewed momentum amid significant institutional interest, as innovative developments in ETF staking come to the fore. The second-largest cryptocurrency by market cap is currently trading around $2,730, and market dynamics hint at a possible shift in sentiment. A major break...

Ethereum (ETH) has been facing a downturn, dropping over 7.87% and testing the critical $3,000 support level. With weekly losses nearing 10% and liquidations exceeding $84.5 million, investor sentiment is low. However, historical data suggests that ETH might soon rebound. Ethereum’s Strong Performan...

Tron blockchain founder Justin Sun has shared a five-step plan to push Ethereum (ETH) to $10,000 if he were in charge. He believes ETH could jump 35.9% in the first week alone under his proposed strategy. Sun’s Five-Step Plan for ETH Growth 1. Halting ETH Sales & Optimizing Revenue Sun suggests that...

Joseph Lubin, co-founder of Ethereum (ETH) and CEO of ConsenSys, has made a bold prediction about Web3’s future, stating that its growth will surpass the dot-com boom of the 1990s. In a recent X (formerly Twitter) thread, Lubin emphasized that Web3’s rise will be a wild yet transformative journey, r...

A recent CryptoQuant study highlights the rapid growth of Bitcoin (BTC) and Ethereum Layer 2 scaling solutions, as crypto adoption surges worldwide. The report, “2024 Crypto Survey: Exchange Use and Investor Behavior,” reveals key trends shaping the digital asset market over the past year. Bitcoin D...