A massive transaction alerted crypto analysts to an Ethereum whale rapidly accumulating large amounts of Ethereum (ETH) Monday. Over the course of 32 hours, a single entity purchased and moved 54,721 ETH, a transaction totaling an estimated $161 million. This activity suggests preparation for a potential surge in Ethereum’s market activity.
Ethereum price predictions are becoming more bullish as the Ether price eyes a retest of the key psychologically important $3,000 level for the first time since April 2022.
Over the past 10 days, EigenLayer witnessed a major increase in inflows, receiving over $4.4 billion with its Ethereum restaking feature as a key contributor.
Gas fees on the Ethereum network have soared to levels not seen since March 2023, driven by the growing interest in a new experimental token standard known as ERC-404.
Investment firm Franklin Templeton is the latest asset manager to file a spot Ethereum exchange-traded fund (ETF) application with the Securities and Exchange Commission (SEC) in the United States.
Ethereum (ETH) co-founder Vitalik Buterin and the Ethereum Foundation are actively considering multiple strategies to reduce Ethereum’s maximum block size.
The United States Securities and Exchange Commission (SEC) is looking to approve spot Ethereum ETFs by May 23rd of this year, a January 30 report revealed.