Ethereum News Updates by TheNewsCrypto

Bernstein Predicts Ethereum ETF Staking Yield Approval Under Trump Administration

Ethereum exchange-traded funds (ETFs) could soon experience significant growth with the integration of staking yields according to analysts at Bernstein. This development is expected to appeal particularly to institutional investors, who are increasingly looking for yield-generating assets in a low-interest-rate environment. Bernstein’s report also predicts that staking yields for Ethereum

December 2, 2024 2 mins read

Will Ethereum (ETH) Bulls Drive the Price to $4K?

The cryptocurrency market cap is settled at $3.4 trillion with the bullish turn. The largest asset, Bitcoin (BTC), continued to trade around the $96K mark despite reaching the $100K milestone. As the alt-season is looming, the largest altcoin, Ethereum (ETH), has broken the $3.7K resistance. While November is closing, analysts

November 30, 2024 2 mins read

Ethereum Foundation Funds zkVM Projects in Millions as ETH Eyes $4K

The Ethereum Foundation is making headlines with a substantial investment in zkVM (Zero-Knowledge Virtual Machines) technology. Researcher Justin Drake revealed on November 29 that the foundation is committing tens of millions of dollars to zkVM. The EF is investing tens of millions into zkVMs:https://t.co/XDaHyurNK9—zkRISC-V formal verificationhttps://t.co/ML0PUqliRb—Poseidon cryptanalysishttps://t.co/0Qns6MCIuu—L2beat for zkVMs, soon™

November 29, 2024 2 mins read

Ethereum Breaks $3,600 as Trading Volume Signals Strong Rally Potential

Ethereum (ETH) has achieved a significant milestone, breaching the $3,600 mark for the first time since June. The second-largest cryptocurrency by market capitalization currently trades at $3,613, supported by an extraordinary surge in trading activity that suggests sustained bullish momentum. The remarkable trading volume of $43 billion over the past

November 28, 2024 2 mins read

Flashbots Launches BuilderNet to Decentralize Ethereum’s Block Building

BuilderNet, a decentralized block-building network for Ethereum, was officially launched on November 26. Operated by Flashbots, Beaverbuild, and Nethermind, this network aims to address centralization issues while bolstering censorship resistance and neutrality on Ethereum. Ethereum currently uses a proposer-builder separation model for block construction. Builders create blocks, and proposers select

November 27, 2024 2 mins read

Is Ethereum (ETH) Setting Up for a Trend Reversal?

The recent crypto market rally, driven by Bitcoin’s new all-time high, has fueled a positive market sentiment. Consequently, traders shifted focus to Ethereum, which initially outperformed other altcoins. However, Ethereum faced criticism as it lagged, unable to reach higher levels. Analysts predict Ethereum might explode after breaking steadily above the

November 18, 2024 2 mins read

Ethereum (ETH) Faces Critical Test at $3K Support Level

The bullish sentiment of the crypto market drove the overall market cap to climb past $3 trillion, surging over 5%. While Bitcoin (BTC) trades at $91,627, Ethereum (ETH) cannot mirror its upward momentum. With fading bullish signals, the ETH price risks its price. ETH hovers at a crucial trading juncture,

November 16, 2024 2 mins read

Ethereum Foundation Appoints New Co-Executive Directors Amid Leadership Shakeup

Ethereum Foundation Sold 100 ETH for DAI to Strengthen Reserves

Today, the Ethereum Foundation made another significant move in its ongoing strategy to fund public projects and maintain reserves. For the first time since releasing its annual report, the foundation sold 100 ETH, swapping the cryptocurrency for the stablecoin DAI. This transaction followed a similar move in late October, where

November 12, 2024 2 mins read

Justin Drake Proposes Beam Chain for Ethereum’s Consensus Layer

Ethereum Foundation researcher Justin Drake has introduced a proposal at Devcon for a comprehensive redesign of Ethereum’s consensus layer, termed the “Beam Chain.” Beam Chain combines several advanced upgrades from the Ethereum roadmap, including native zero-knowledge (ZK) proof support and faster finality. This proposal could mark Ethereum’s biggest transition since

November 12, 2024 2 mins read

Ethereum L2s TVL Hits Record $51.5 Billion Amid Overall Market Surge

Ethereum (ETH) Breaks $3000 After Prolonged Struggle

After weeks of consolidation, Ethereum (ETH) has finally broken free, climbing back into the $3K zone for the first time in nearly three months. This surge comes as Bitcoin (BTC) recorded a fresh all-time high ($77,252) for the third day in a row, sparking a wave of optimism across the

November 9, 2024 2 mins read