Bloomberg ETF Analyst Faces Criticism Over ‘Ethereum Shutdown’ Remarks
TL;DR Eric Balchunas, Bloomberg’s top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud
ethereum (Latest Publications)
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
Ethereum Layer 2s See Major Drop in Adoption as Base Sets New Records
TL;DR Activity on Ethereum scaling solutions has dropped, while Coinbase’s Base network continues to rise. The combined throughput of Ethereum’s Layer 2 and Layer 3 networks
Crypto Outflows Continue: Bitcoin Down $159M, Multi-Asset Products Thrive
TL;DR Cryptocurrency investment products recorded divestments totaling $147 million last week. Bitcoin led the outflows with $159 million, while short Bitcoin products saw inflows of $2.8
NFT Sales Recover After Market Slump, Reaching $85M Last Week
TL;DR NFT Sales Surge: Weekly NFT sales hit $85M, the highest since August, marking a significant recovery after a period of sluggish performance. Mythos Chain’s Rise:
New Ethereum Proposal Promises Faster Blocks and Higher Efficiency
TL;DR EIP-7781 aims to reduce Ethereum block times from 12 to 8 seconds, potentially increasing transaction throughput by 50% and enhancing network efficiency. The proposal includes
Is Ethereum Really Decentralized? The Danger Lurking and the Growing Criticism from the Community
TL;DR The transition of Ethereum to Proof of Stake has raised concerns about centralization and concentration of power in the hands of a few actors, threatening
Crypto Market Skyrockets After U.S. Jobs Report!
TL;DR The cryptocurrency market experiences a surge following the U.S. jobs report in September, with Bitcoin rising 2.75% to $62,119 and Ethereum up 3.6% to $2,425.
Ethereum’s ‘Ultrasound Money’ Myth Crushed as Inflation Surges to 2-Year High
TL;DR Ethereum’s inflation has reached 0.74%, the highest level in two years, raising doubts about its status as “ultrasound money.” The adoption of layer 2 solutions
$1.4 Billion in Bitcoin and Ethereum Options Expire Today—Massive Price Swings Ahead?
TL;DR $1.4 billion in Bitcoin and Ethereum options are expiring today, potentially causing significant short-term volatility in the cryptocurrency market. Bitcoin’s maximum pain point is $63,000,
Vitalik Buterin Supports Community Proposal to Reduce ETH Deposit for Solo Stakers
TL;DR Vitalik Buterin supports the reduction of the 32 ETH requirement for solo staking in order to facilitate individual participation. He proposes a temporary reduction to
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