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Ethereum Developers Endorse Quantum Resistance, Enhanced Flexibility, and Forward Compatibility in Vitalik … – CCN.com
Key Takeaways Ethereum co-founder Vitalik Buterin has co-authored a new Ethereum Improvement Proposal, EIP-7702, aiming to revolutionize how Ethereum accounts operate. The proposal addresses shortcomings in the earlier EIP-3074 by enhancing account abstraction.
Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains – TradingView
Ethers ETHUSD price continues to underperform compared to Bitcoins BTCUSD 2024 gains, but Glassnode analysts suggest that brighter days could lie ahead. A weaker capital rotation is behind Ethers price underperformance Data from Cointelegraph Markets Pro and TradingView shows that Ether has been underperforming Bitcoin over the last two years, resulting in a weaker ETH/BTC ratio, which reached a low of $0.04622 on May 1, the lowest since April 2021
Ethereum Price Below $3,000, Grayscale Withdraws ETH ETF Bid – CCN.com
Key Takeaways Grayscale recently withdrew its application for an Ethereum futures ETF, while the countdown for spot ETH ETF approvals continues. This move has confused investors, because Grayscale first filed for this ETF in September but have delayed it multiple times since. Meanwhile, Ethereums price dipped below $3,000, moving downwards from a high of $3,200 on May 6.
Grayscale withdraws its Ethereum futures ETF application – Cointelegraph
Grayscale has withdrawn its 19b-4 application for an Etherfutures exchange-traded fund (ETF) just three weeks before the securities regulator is forced to decide on it. The cryptocurrency asset manager filed a notice of withdrawal for the Grayscale Ethereum Futures Trust with the United States Securities and Exchange Commission (SEC) on May 7. The SEC was scheduled to decide on Grayscales Ether (ETH) futures ETF on May 30.
Ethereum price today: ETH is up 25.31% year to date – USA TODAY
What is the price of ethereum today? The price of ethereum, or 1 ETH, traded at $2,990.72, as of 8 a.m. ET.
Ethereum team lead slams Farcaster over bot manipulation – crypto.news
Ethereums team lead Pter Szilgyi has criticized Farcaster for alleged bot manipulation, raising concerns about the platforms transparency. Ethereums core developer Pter Szilgyi appears to be not a big fan of Farcaster, an open-source decentralized social network, implying the platform is filled with bot manipulation.
Solana could flip Ethereum in transaction fees within a week: Report – Cointelegraph
The Solana network could be on track to overtake the Ethereum network in transaction fees, a potentially significant development for Solanas status as a so-called Ethereum-killer. Solana could flip Ethereums transaction fees as soon as this week, according to Dan Smith, senior research analyst at Blockworks, who wrote in a May 7 X post: Captured MEV, or Maximal Extractable Value, refers to profits that are mostly captured through arbitrage trading on the protocols. MEV measures the maximum amount of value that can be extracted from a blockchain by a user or a group of users.
Solana to Flip Ethereum in Transaction Fees as Soon as This Week – Watcher Guru
Once dubbed the Ethereum Killer, the Solana network is poised to surpass the famed blockchain network in transaction fees as soon as this week. Indeed, Blockworks senior research analyst Dan Smith discussed the potential flip that is just on the horizon.
ETH Price Forecast: $4k Rebound Stalls as Grayscale Cancels Ethereum ETF Application – The Crypto Basic
Ethereum price has slid 7% in the last 48 hours, breaking below the $3,000 mark on Wednesday, May 8, amid intense speculations surrounding ETH ETF speculations. However, spikes in ETH network usage suggest a major rebound phase lies ahead.
Ethereum ETF: Grayscale Withdraws Application 3 Weeks from SEC Verdict – FX Empire
Despite the withdrawal, the fate of spot Ethereum ETFs remains uncertain as the SEC has not provided a specific timeline for a decision. Grayscale Investments, the worlds largest cryptocurrency asset manager, has withdrawn its application for an Ether futures ETF just weeks before the SEC was set to rule on several spot ETH ETFs