Ethereum | Crypto

Data suggest that September weakness could be deceiving and Ethereum could potentially pull off its biggest bear trap ever.

Ethereum’s largest testnet, Holešky, will be sunset in the coming weeks after two years of rigorously testing Ethereum’s most important network upgrades. Ethereum’s largest testnet, Holešky, will sunset as part of a planned shutdown and migration to the Hoodi testnet following several technical issues earlier in the year. The foundation said Monday that Holešky will be shut down two weeks after the Fusaka upgrade is finalized on the network. The upgrade is proposed for sometime in the second half of September. “After this, Holešky will no longer be supported by client, testing or infrastructure teams,” it said. While the exact date isn’t clear, Ethereum core developers are looking to launch Fusaka on mainnet in November — so it must happen well before then. Read more

The Ethereum Foundation announced that the Holešky testnet is entering its final phase, and the network is scheduled to shut down two weeks after the Fusaka upgrade concludes. According to the Foundation, the network support from client developers, testing groups, and infrastructure providers will formally end once the anticipated upgrade process is completed in November. […] The post Ethereum to retire Holesky testnet as Hoodi takes center stage appeared first on CryptoSlate.

Donald Trump’s crypto initiative, World Liberty Financial, went live on Sept. 1 with a market valuation above $7.4 billion, sparking heavy trading in its opening hours. According to CoinMarketCap data, WLFI climbed 13% to $0.2525 shortly after launch, while its trading volume has already surpassed $1.8 billion across centralized and decentralized exchanges. Notably, this rush […] The post Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring appeared first on CryptoSlate.

Global crypto investment products swung back into positive territory last week, recording $2.48 billion in net inflows after a period of withdrawals, according to CoinShares‘ weekly report. The renewed momentum lifted August’s total net inflows to $4.37 billion, pushing year-to-date commitments to $35.5 billion. James Butterfill, head of research at CoinShares, noted that inflows remained strong […] The post US leads $2.48 billion crypto inflow as Ethereum outshines Bitcoin in August appeared first on CryptoSlate.

Ethereum co-founder and Consensys CEO Joseph Lubin just gave ETH bulls something to chew on. In a post on X, he applauded Fundstrat’s Tom Lee on his vision for the future of finance and the expanding role of Ethereum in traditional institutions. “Yes, ETH will likely 100x from here. Probably much more.” Joseph Lubin agrees; […] The post Ethereum cofounder Joseph Lubin, ‘ETH will likely 100x from here’ appeared first on CryptoSlate.

A new proposal from Ethereum and Google developers seeks to make the blockchain the bedrock of the AI agent economy.

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.