Ethereum briefly plummeted to $1,415 on Monday amidst a broader market bloodbath. The crypto asset has since recovered and is currently trading at $1,505. Despite this, its price was still down by 15% over the past 24 hours. This sharp decline comes as the broader cryptocurrency market reacts negatively to the Trump administration’s intensified global […]
The team behind Infected, a speculative pandemic-simulation game that recently gained viral traction, announced its decision to migrate from Ethereum’s Layer-2 network Base to the Solana blockchain. The announcement was made via the game’s official X account. It cited Base’s inability to handle transaction volume during the game’s launch and broader concerns about the scalability […]
Ethereum’s Pectra upgrade has now been scheduled to go live on the mainnet on May 7, 2025. The announcement was made during a call held by the blockchain’s core developers on April 3. Technical Challenges Pectra is one of Ethereum’s most significant upgrades since the network’s transition to a proof-of-stake consensus mechanism in 2022. It […]
The crypto market is navigating turbulent waters as it attempts to rebound from the shockwaves caused by President Donald Trump’s newly imposed global tariffs. While traditional markets initially saw investors fleeing to gold and silver, pushing the former to a record $3,168, digital assets are now showing slight signs of recovery, with Solana (SOL), Ethereum […]
Ye Zhang, co-founder of Layer 2 smart contract platform Scroll, has sharply criticized proposals to impose fees on Ethereum Layer 2 solutions. In a series of tweets on X, the exec called “tarriffing Layer 2s” “one of the most toxic ideas” for the blockchain’s future. Ye Zhang Opposes L2 Fees Zhang argued that such a […]
Ether’s (ETH) underperformance as an asset has continued to spark criticism and speculation in the crypto community, with many expressing their displeasure at the Ethereum network’s current trajectory. Quinn Thompson, founder of the discretionary macro hedge fund Lekker Capital, insists that ETH is now completely dead as an investment. While some analysts and market participants […]
While the crypto market struggles with the ongoing correction, some sectors are still seeing notable development activity. One of them is the decentralized finance (DeFi) space. A tweet by the on-chain intelligence platform Santiment has revealed the top ten DeFi projects by development. These projects include leading entities like the decentralized blockchain oracle network Chainlink […]
TL;DR Ethereum remained one of the altcoins that failed to chart a new all-time high during the most recent bull cycle and now stands 50% away from its local peak. However, ETH holders have continuously removed the number of tokens sitting on exchanges, which could suggest that a price rally could finally be around the […]
Deutsche Boerse’s post-trade unit, Clearstream, announced that it will introduce crypto custody and settlement services for institutional clients later this year. The services will be provided through its majority-owned subsidiary, Crypto Finance, which will act as a sub-custodian. Clearstream’s Offering According to a Bloomberg report, Clearstream will offer custody services for Bitcoin (BTC) and Ethereum […]
According to VanEck’s February crypto report, Solana’s decentralized exchange (DEX) volumes have shown resilience despite declining meme coin trading. The report shows that Solana’s trading activity briefly surpassed that of the Ethereum ecosystem, including its Layer 1 (L1) and Layer 2 (L2) networks. Solana Maintains High Trading Activity VanEck’s analysts revealed that the price of […]