Ethereum (ETH)

Ethereum generated the most fees among the top twenty protocols over the past 30 days with around $180 million, according to new data from Token Terminal. On June 17, the crypto analytics platform reported that Ethereum was way ahead of other blockchains, which were dominated by layer-1 chains and DeFi protocols, with only one layer-2 blockchain in the top 20. The Coinbase blockchain Base generated the least amount of fees for the period at $6 million. “Given that the...

Coinbase Ethereum layer-2 network Base has clinched a new record in terms of the number of daily active users on decentralized exchanges (DEX), reaching 270,000 on June 17th. Compared to the previous day, the figure jumped by approximately 9%. Uniswap Dominates Base With 85% User Share According to data compiled by Dune Analytics, with the latest all-time high of active users, Base-powered decentralized exchanges have now surpassed BNB Chain. The Layer 2 network is now behind...

Crypto asset management firm Hashdex is applying to launch an ETF backed by both spot Bitcoin and spot Ethereum holdings – the two largest cryptocurrencies by market cap. The Hashdex Crypto Index US ETF Analysts discovered the product in a form 19b-4 from the Nasdaq stock exchange on Tuesday, requesting permission from the Securities and Exchange Commission (SEC) to list shares of the Hashdex Nasdaq Crypto Index US ETF. “The assets of the Trust will consist of bitcoin and...

Stacks, a Bitcoin layer 2 network, experienced an outage for 9 hours last week, leaving user transactions and blocks unprocessed for that entire period. Stacks Status, the official X account for the network’s updates, mentioned the cause was due to block reorganization (reorgs) on the layer 1 Bitcoin network and its miners behaving unexpectedly. “We are experiencing a delay in Stacks block production due to unexpected mining behavior and a Bitcoin reorg. Core developers in the ecosystem are...

[PRESS RELEASE – San Francisco, California, June 18th, 2024] Developers on SKALE Can Now Leverage Unity’s World-Class Services for Premier Web3 Game Development Today, SKALE Labs, the gas-less EVM-compatible blockchain designed for secure Ethereum scaling, has announced they have joined Unity’s publisher support program. Unity is the world’s leading platform of tools for creators to build and grow real-time games, apps, and experiences across multiple platforms. The program...

Eric Balchunas has made a big announcement in the crypto space—he is changing the expected date of a spot Ethereum (ETH) ETF approval to July 2. This news excites traders because now more people will pay more attention to Ethereum coins. Some of those coins that are likely to skyrocket include DTX Exchange (DTX) and Chainlink (LINK). Let’s see why. Eric Balchunas: The Spot Ethereum ETF Launch May Come Soon Ethereum (ETH) has recently made headlines in the crypto market. According to...

CoinspeakerTrump Token Whale Nets $3.7M Profit amid Wider Meme Coin Crash Despite selling a significant portion of his holdings, the whale retains 28% of his wallet in Trump tokens, valued at approximately $372,000. Trump Token Whale Nets $3.7M Profit amid Wider Meme Coin Crash

CoinspeakerUS Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting The bearish sentiment wasn't limited to the US. Even on the global scale, digital asset investment products saw their largest outflow of over $600 million in almost three months. US Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting

The price front remains quiet, but Ethereum scaling solutions appear to be thriving. The latest data suggests a surge driven by not just Layer 2 networks but lesser-known Layer 3 entities as well. According to L2beat, these scaling networks built on top of Ethereum have collectively reached over 246 TPS on June 16, representing a new all-time high. This, in turn, translated to an estimated 21.2 million transactions over the course of the day. A higher transaction per second...

CoinspeakerCrypto Community Voices Criticism over Rapper Waka Flocka Flame’s New Celebcoin FLOCKA adds to the growing list of celebrity-endorsed meme coins, a trend that has gained momentum in the past few weeks. Crypto Community Voices Criticism over Rapper Waka Flocka Flame’s New Celebcoin