South Korean crypto exchange Upbit confirmed it has launched Giwa, an Ethereum layer 2 on testnet, focused on one-second block times and optimizing user experience.
ARK Invest purchased more than 100,000 Bitmine shares after the Ethereum treasury company reached a milestone in ETH holdings.
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees.
A Messari analyst says Ethereum is “dying” as revenue fell 44% in August. Others argue it’s a flawed way to measure the blockchain’s success.
Ethereum revenue and network fees continue to dwindle, prompting debate about the layer-1 blockchain network’s financial fundamentals.
Ethereum’s stablecoin supply surged to a record $165 billion after $5 billion in weekly inflows, cementing its RWA market dominance.
Cathie Wood’s ARK Invest purchased $16 million in BitMine and $7.5 million in Bullish stock across three of its ETFs, boosting its crypto exposure.
A crypto trader anticipates spot Ether ETF inflows will bounce back if Ether “continues this pump.”
Ether price shows resilience as strong onchain activity and balanced options sentiment support a potential price recovery.
Bitcoin price pushed closer to its range highs, providing a breakout signal for multiple altcoins. Is it time for altseason?