Ethereum | Crypto

Despite Ether’s 12% drawdown from all-time highs, there is hope for the bulls as new data suggests that the ETH price could still rise higher in 2025. Key takeaways: Ethereum ETF inflows show persistent demand from institutions. Price gains are supported by record network activity. Read more

The Ethereum Foundation has paused new grant applications to its Ecosystem Support Program (ESP) as it reconsiders how it funds builders and projects. The pause, announced Aug. 29, comes as the Foundation restructures its approach to ecosystem development and looks to align its grantmaking with longer-term priorities. A detailed roadmap outlining new funding priorities is […] The post Ethereum’s $3M grassroot grant program suddenly paused as Foundation rethinks priorities appeared first on CryptoSlate.

Bitcoin and Ethereum dropped Friday along with stocks, with ETH now down 13% from its all-time high set on Sunday.

A significant portion of the almost $5 billion ETH awaiting withdrawal may be sold to lock in profits, considering Ether’s 72% climb over the past three months Ethereum is seeing the largest validator exodus in crypto history, with over 1 million Ether tokens currently waiting to be withdrawn from staking through Ethereum’s proof-of-stake (PoS) network. Ethereum’s exit queue surpassed 1 million Ether (ETH) worth $4.96 billion on Thursday. This marks the amount of Ether set for withdrawal by the network’s validators, who are responsible for adding new blocks and verifying transactions in proposed blocks, playing a vital role in the functioning of the blockchain network. The mass exodus has extended the validator exit waiting time to a record 18 days and 16 hours, according to blockchain data from validatorqueue.com. Read more

Murad Mahmudov, known for coining the ‘meme supercycle,’ has maintained that SPX6900 could one day surpass Bitcoin. Now its cousin TOKEN6900 has been cast as Ethereum’s rival, as both tokens continue to grow cult followings fueled by belief and culture rather than traditional utility. The post TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum appeared first on Cryptonews.

Whales have reduced Bitcoin positions and accumulated $456M in Ether, adding to speculation of an upcoming altseason as Ethereum posts stronger performance than Bitcoin. The post Whales Dump Bitcoin, Snatch Up $456M in Ethereum — Altseason Next? appeared first on Cryptonews.

BitMine's $8B ETH treasury and Arkham whale activity depict growing confidence as Ethereum eyes its breakout threshold.

Ethereum’s staking system is under mounting pressure as withdrawals outpace new deposits, with the exit queue reaching its highest level. Validator queue data shows that as of Aug. 27, more than 1,023,560 ETH, worth roughly $4.6 billion, had been lined up for withdrawal from staking. By contrast, only 580,637 ETH, valued at about $2.6 billion, […] The post Ethereum staking exit queue hits record high of over $4.6 billion appeared first on CryptoSlate.

Standard Chartered said Ethereum (ETH) and the companies holding it in their treasuries remain undervalued, even as the second-largest crypto surged to a record $4,955 on Aug. 25. Geoffrey Kendrick, the bank’s head of crypto research, said treasury firms and exchange-traded funds have absorbed nearly 5% of all Ethereum in circulation since June. Treasury companies […] The post StanChart says Ethereum treasury companies are undervalued, revises ETH forecast to $7,500 by year-end appeared first on CryptoSlate.

Spot Ethereum ETFs consecutive positive flows, led by funds from BlackRock and Fidelity, double those for Bitcoin ETFs, suggesting continued institutional confidence in ETH amid market downturn. The post ETH ETFs Haul $443.9M Crushing Bitcoin with 2x Inflows — Is Confidence Shifting to Ethereum? appeared first on Cryptonews.

Spot Bitcoin ETFs in the United States ended a difficult run of redemptions with their first day of inflows in more than a week. According to Coinperps data, the products collectively drew $219 million on Aug. 25, marking a shift in investor sentiment after six consecutive trading sessions of withdrawals. This rebound was led by […] The post Bitcoin ETFs post $219 million rebound while Ethereum funds attract twice the inflows appeared first on CryptoSlate.

Bitcoin (BTC) consolidates near current levels as capital inflows extend along the risk curve toward Ethereum and broader altcoins, according to Bitfinex Alpha’s Aug. 25 report. The report noted that the shift represents a measured rotation of institutional liquidity following Bitcoin’s all-time high formation. Bitcoin declined 4.5% from the weekly open on Aug. 18 until […] The post Bitcoin consolidates as liquidity flows shift to Ethereum and broader altcoin markets appeared first on CryptoSlate.

Bitcoin hit its lowest price in weeks on Monday afternoon, with Ethereum, Solana, Dogecoin, and other assets also deep in the red.

Ethereum’s sharp price rally has lifted its total market capitalization above $500 billion, making it the quickest asset in history to cross the threshold. According to CryptoSlate’s data, the second-largest crypto reached an all-time high of $4,946 over the past week after a wave of heavy trading and accumulation. That peak helped to push ETH’s […] The post Ethereum becomes fastest asset to reach $500B with holders’ gain doubling appeared first on CryptoSlate.

Onchain data suggests Ethereum is in the “belief” stage of the bull cycle amid fresh all-time highs, opening the door to potentially even higher prices. Key takeaways: Ether’s long-term holder net unrealized profit/loss indicator suggests the price has entered the “belief” phase. The market value to realized value suggests ETH is undervalued, with room to run toward $5,500. Read more

With September just around the corner, Ethereum bulls are jittery, since the ninth month of the calendar year has typically been associated with weakness by the number-two coin. With an average loss of -6.42% since 2016, September is the single worst-performing month for Ethereum over most cycles. Ethereum has been on a tear, fueled by […] The post As September looms, is Ethereum due a seasonable pullback? appeared first on CryptoSlate.

Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm. Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The complaint, lodged in the Northern District of California on Thursday, claims Musk’s xAI company has created widespread market confusion, damaging Xai’s brand. Ex Populus, the Delaware corporation behind Xai, said it has used the XAI trademark in US commerce since June 2023, including through its blockchain gaming ecosystem and the $XAI token. “This is a classic case of trademark infringement that requires the Court’s intervention to remedy,” the filing said. Read more

Ethereum-focused SharpLink’s stock climbed more than 15% to trade above $20 after the company’s board approved a $1.5 billion stock repurchase program. In its Aug. 22 press statement, SharpLink explained that the authorization allows for buybacks through multiple channels, including open-market purchases and privately negotiated deals. The company emphasized that the scale of repurchases will […] The post SharpLink stock soars 15% after $1.5B buyback plan amid Ethereum market rally appeared first on CryptoSlate.

Ethereum (ETH) recorded a blistering rally of over 15% in the past 24 hours and surpassed its 2021 all-time high of $4,869.47 on Aug. 22. As of press time, the second-largest crypto was trading at a high of $4,888 and was continuing to move upward. Federal Reserve Chair Jerome Powell prompted the price increase after […] The post Ethereum breaks above 2021 all-time high after blistering 15% rally appeared first on CryptoSlate.

Fed chair's dovish pivot sends crypto markets flying, with Ethereum, Solana, and Dogecoin leading the altcoin rally.