Category: Ethereum

[ad_1] TL;DR U.S. spot Bitcoin ETFs recorded $240 million in net outflows on July 24. Spot Ethereum ETFs lost $70.62 million, ending a five-day inflow streak. The combined withdrawals totaled more than $310 million in a single trading session. ETF flows remain a key indicator of institutional demand for digital assets. Institutional demand for cryptocurrencies…

Ether is becoming increasingly attractive from a valuation standpoint, particularly relative to Bitcoin, but onchain data suggests the market has yet to reach a definitive cycle bottom, according to CryptoQuant. In its latest weekly report, the analytics company said Ether (ETH) is trading roughly 17% below its realized price, or the average onchain acquisition cost…

TL;DR Ethereum is trading near $1,920, testing the upper boundary of its price channel. Previous encounters with this resistance have been followed by profit-taking and short-term corrections. The Fund Market Premium remains positive, indicating futures traders still maintain some bullish positioning. Fund volume has not increased significantly, suggesting the rally lacks strong new capital inflows.…

[ad_1] Key takeaways: Despite ETH’s price gains, weak onchain activity and low DEX volumes signal trader caution. Record Ethereum staking at 34% reduces sell pressure, yet sustained upside needs external catalysts. Ether (ETH) tested the $1,950 mark for the first time in seven weeks on Tuesday, triggering $62 million in liquidations across leveraged bearish positions.…

[ad_1] Asset manager Grayscale plans to establish regular cash distributions from rewards generated by its Ether (ETH) and Solana (SOL) staking exchange-traded products (ETPs), giving holders recurring access to yield generated by underlying assets.  In Form 8-K filings submitted to the US Securities and Exchange Commission (SEC), Grayscale said it intends to amend the trust…

[ad_1] Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March.  Staking revenue accounted for 98% of total revenue for the three months ended May 31, far outpacing the $624,000 from self-mining Bitcoin (BTC) and the $168,000 from consulting…

[ad_1] Robinhood Chain’s explosive launch this month has reignited one of Ethereum’s longest-running debates: Do successful layer-2 networks increase demand for ETH, the asset, or do the new entrants capture all of the value for themselves? The retail brokerage’s Arbitrum-based Ethereum L2 has become one of Ethereum’s busiest rollups since its launch on July 1.…

[ad_1] The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal.  Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.”  “If…

[ad_1] A new Cambridge University study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the network still used more electricity overall than most of the PoS networks studied. The Cambridge Centre for Alternative Finance estimated that activity on Ethereum consumes about 7.87 gigawatt-hours (GWh) of electricity annually. When…

[ad_1] TLDR: Ethereum’s annual electricity use now stands at 7.87 GWh, down over 99.9% from pre-Merge levels. CCAF audited 8,522 physical nodes, finding a network-weighted average of 105 watts per node.  The US, Germany, Finland, and France host about 62% of Ethereum’s full nodes combined.  Sustainable sources supply 56.4% of Ethereum’s power, above the global…