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Tag: Ethereum
Ethereum Eyes Gas Limit Boost as Solana Plans 66% Block Hike
Key Notes Ethereum developers propose increasing the gas limit from 36 million to 45 million units. Around 50% of Ethereum validators already support the proposal. Solana developers also propose raising compute units per block from 60M to 100M under SIMD-0286. Ethereum developers are revisiting plans to expand the network’s block gas limit, this time from 36 million to 45 million units. The proposal, already backed by approximately 50% of validators, aims to boost transaction throughput while easing congestion across the Layer-1 chain. Ethereum co-founder Vitalik Buterin recently reaffirmed the case…
All-Time High S&P 500!🚀Crypto Technical Analysis w/ @EvanAldo
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Treasury Secretary Scott Bessent said trade talks could yield multiple deals by Sept. 1, citing a new U.S.-China agreement on rare earth shipments. ~This episode is sponsored by Uphold~ Uphold Get $20 in Bitcoin – Signup & Verify and trade at least $100 of any crypto within your first 30 days ➜ 00:00 Intro 00:19 Sponsor: Uphold 01:30 S&P Hits All-time high 03:44 Tariffs 04:34 Trump casually says china deal done 05:50 DXY 07:00 Scott Bessent x China 08:08 Bitcoin Analysis 09:51…
Ethereum Is Repeating The Same Trend That Led To A 5,000% Breakout In 2017
After hitting above $3,800, the Ethereum price seems well on track for the next phase of the cycle. The ongoing trend has been closely mirroring what was seen back in 2016-2017 before the surge that sent the altcoin’s price to new all-time highs. This remains a major deal given that if the trend does play out similarly to what was seen in the 2017 cycle, then it means that the Ethereum price rally is only just beginning. Ethereum Price Mirrors Bullish 2017 Back in 2017, before the bull market, the…
When Will Ethereum Turn Overheated? Report Says Watch This Level
A new report from Glassnode has revealed a historically significant Ethereum level that could mark the start of an overheated phase if breached. Ethereum Is Moving Towards Active Realized Price In its latest weekly report, the on-chain analytics firm Glassnode has talked about some valuation models for Ethereum. The models in question are the Realized Price, True Market Mean, and Active Realized Price. Related Reading The first of these, the Realized Price, refers to the average cost basis or acquisition price of all tokens of the cryptocurrency that are currently…
Ethereum ETFs Hit 1 Year On US Market
US-based Spot Ether exchange-traded funds marked their one-year trading anniversary on Wednesday amid a three-week run of inflows that included some of their strongest days to date. A year ago, the US Securities and Exchange Commission approved the spot Ether (ETH) ETFs to begin trading on July 23, 2024, with funds from BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck, Invesco and two from Grayscale hitting the market. In the 12 months since, those nine ETFs have together taken in total net inflows of around $8.69 billion and command assets under…
MIT Brothers Lose Bid To Dismiss $25M Ethereum Fraud Charges
Two MIT-educated brothers have failed to get fraud charges dismissed in court in connection with a $25 million cryptocurrency theft from the Ethereum blockchain. US District Judge Jessica Clarke denied a motion to dismiss by Anton and James Peraire-Bueno on Wednesday, stating the government adequately alleged their conduct met the criteria for fraud. The federal government charged the pair in May 2024 with executing a fraudulent scheme, whereby they exploited a vulnerability on the Ethereum network to steal $25 million of cryptocurrency from “victim traders.” “Taking the government’s allegations as…
Ethereum Price Slips on Profit-Taking – Limited Downside as Whale Demand Holds
Ethereum price started a downside correction from the $3,850 zone. ETH is now moving lower but might find bids near the $3,520 support zone. Ethereum started a downside correction below the $3,770 level. The price is trading below $3,680 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,670 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,550 zone in the near term. Ethereum Price Holds Support…
Ethereum Exit Queue Surges As ETH Drops 7% From 2025 High
Ether dipped more than 7% from its 2025 high as the queue for validators and investors to unstake the asset hit an 18-month high on Wednesday. Ethereum is a proof-of-stake network that requires validators to stake the asset and lock up funds to secure the network. Validators that want to exit Ethereum’s staking system need to go through a validator exit queue, “and in the past few days, the number has absolutely surged,” staking protocol Everstake reported on Wednesday. There is currently 644,330 ETH worth around $2.34 billion lined up…
Ethereum Ready For $3,800 Reclaim Despite Rejection
Ethereum (ETH) is attempting to reclaim its most critical resistance after registering a nearly 70% rally in the past month. Some crypto analysts suggest that the King of Altcoins is preparing to aim for new highs, but warned a potential pullback might come first. Related Reading Ethereum Risks 15% Correction Ethereum started the week hitting a yearly high and recording a 178% recovery from the April lows. The cryptocurrency has seen a significant rally over the past few weeks, following its price breakout and consolidation between May and June. As…