Excitement is building within the Ethereum community as Buenos Aires prepares to host the Ethereum World’s Fair this November. The event is set to highlight the newest advancements in blockchain technology, as stated by the Ethereum Foundation. The World’s Fair will present eight unique districts, each focused on highlighting the diverse uses of Ethereum technology. … Read more
The unstaking period for Ethereum has surged to over 45 days recently. Several users voiced their annoyance regarding the prolonged wait, which obstructed their access to funds needed for crucial expenses like electricity and rent. Consequently, they advocated for a reduction in the duration, similar to Solana’s model, which requires just two days. In a … Read more
Since September 9th, Solana’s exchange supply decreased from 5.29% to 4.72%, indicating off-exchange accumulation. Approximately 9.06 million SOL have exited exchanges, contributing to SOL’s 16.19% weekly increase to $250. Ethereum experienced a movement of nearly 20,000 onto exchanges, which weakened its bullish hold. The SOL/ETH ratio surged by 8.66% at press time, representing its largest … Read more
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
The Ethereum to Bitcoin ratio has remained under the 0.05 threshold for the 14th consecutive month. This trend highlights a notable change in market dynamics, propelled by Bitcoin’s strength and the shifting patterns of altcoin rotations that have impacted ETH’s standing in the market. NFT marketplace The ETH/BTC ratio has experienced notable fluctuations over time, … Read more
Digital asset investment products encountered significant hurdles. The sector experienced outflows amounting to $352 million, even as expectations grew for a market uplift due to disappointing payroll numbers and possible interest rate reductions in the U.S. Trading volumes saw a notable 27% drop, indicating a brief slowdown in investor interest. Year-to-date inflows are holding strong … Read more