Ethereum Price Updates

With huge ethereum holdings and solid institutional backing, Bitmine Immersion Technologies has declared total assets reaching to $10.8 billion. This number was driven by the company’s public announcement. With the news, Bitmine has further solidified its position as the largest treasury for Ethereum worldwide. Additionally, it has become the second-largest cryptocurrency treasury in the world, … Read more

ETH price experiences a decline of 3.02%, settling at $4,516.22, yet technical indicators hint at a potential resurgence of bullish momentum. Robust support at $4,211 presents a buying opportunity for traders. Ethereum is currently testing a crucial support level at $4,516 as bullish momentum attempts to regain control. ETH is presently priced at $4,516.22, reflecting … Read more

Ethereum’s 30-day NVT ratio has dropped to historic lows, showcasing exceptional network activity in relation to its current market cap. Historically, deep NVT bottoms have frequently signaled strong rebounds, as signs of undervaluation tend to attract renewed buying momentum. However, these patterns have also aligned with unsustainable transaction spikes that did not sustain lasting growth. … Read more

A recent report reveals that Ethereum’s core developers are receiving compensation significantly lower than the industry norm. A recent survey revealing that a significant majority are earning between 50% to 60% less than their counterparts in comparable positions. Surveyed Ethereum developers reported median salaries of approximately $140,000, while competing projects presented offers averaging $300,000. The … Read more

In the wake of Ethereum’s recent price and demand increase, an unforeseen setback has become apparent. On September 10th, the network experienced one of its most significant coordinated slashing events since its shift to proof-of-stake in 2022, with 39 validators facing penalties. Missteps by operators led to the incident, a distributed validator technology protocol that … Read more