This new timeline comes after a successful test on the Hoodi testnet. It was confirmed during a key core developers' call on Thursday.

The highly anticipated Pectra upgrade will launch on the Ethereum (ETH) mainnet on May 7, 2025, after overcoming a series of technical challenges and delays in the testnet phase.

Ethereum (ETH) continues to show weakness, struggling to maintain gains near the $2,000 level. Despite brief intraday upticks, the overall trend remains bearish.

Ethereum price has fallen to $1,777 with increased whale accumulation suggesting potential rally in Q2 2025 despite current bearish indicators.

Ethereum (ETH/USD) price held a crucial support range between $1,755 and $1,800 as the United States hammered global markets with trade wars on Thursday. The large-cap altcoin, with a fully diluted valuation of about $217 billion and a 24-hour average trading volume of around $15.

This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.

Ethereum developers have locked in May 7, 2025, as the launch date for the network's next major upgrade, Pectra. The decision was made during a core developer call on Apr.

The crypto market is set to see $2.58 billion in Bitcoin and Ethereum options expire today, a development that could trigger short-term price volatility and impact traders' profitability.

Data shows markets are pricing in four rate cuts in 2025 — 0.25 bps each in June, July, September and December. Rate cuts occur when a central bank, like the Federal Reserve, lowers interest rates to stimulate economic growth by making borrowing cheaper.

The decision to finalize the May 7 date was made during a core developers' call, which followed a successful test on Hoodi.

The investors remain distressed after the announcement of new tariff plans. With this, the US stocks had their worst day ever since 2020. As a result, the investors are scared of further escalation and economic fallout. The negative impact has been seen over the crypto markets as Bitcoin & Ethereum remain consolidated within a range.

Poor network activity, low transaction fees, and a reduced ETH burn rate have increased inflationary pressures on Ethereum, sustaining the decline.

Keith O'Brien, a former Rippling employee, admitted to sharing internal information with a competitor in exchange for Ethereum ETH payments while still working at the company.

Although sentiment toward Ethereum (ETH) remains largely pessimistic, crypto analyst Mister Crypto predicts that the second-largest cryptocurrency by market cap could be on the verge of a parabolic rally, mirroring its historical price action from 2020. Ethereum About To Witness A Change Of Fortune?

Ethereum price attempted a recovery wave above the $1,820 level but failed. ETH is now consolidating losses and might face resistance near the $1,840 zone.

Ethereum (ETH) continues to underperform in the broader cryptocurrency market, currently trading just below $1,800 after falling 4% in the past 24 hours. Despite a strong start to the year, where the crypto market experienced bullish momentum, ETH has failed to sustain its upward trajectory.

Bitcoin, which has been exhibiting signs of stabilization after weeks of hesitancy and erratic trading, is currently holding steady at $84,000. The long-awaited tariffs have finally been formally introduced, eliminating a significant layer of uncertainty that had kept markets cautious.

A long-dormant Ethereum wallet inked $8.66 million in profits after selling 5,001 ETH it purchased back in 2017. The crypto tracker Lookonchain notes the address acquired 5,001 Ethereum for $1.38 million in 2017, back when ETH cost only $277.

Cryptocurrency markets are trading lower on Thursday, following a significant decline in traditional financial markets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,025.41 -5.1% Ethereum (CRYPTO: ETH) $1,785.61 -6.5% Solana (CRYPTO: SOL) $115.31 -11.7% XRP (CRYPTO: XRP) $2.05 -4.6% Dogecoin (CRYPTO: DOGE) $0.1587 -8.5% Shiba Inu (CRYPTO: SHIB) $0.00001221 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.5% and daily active addresses falling by 6%.

Over time, Ethereum, the second-largest crypto asset and largest altcoin, has often spearheaded an Altcoin Season due to its significant performance after the market shifts from a Bitcoin season to an altcoin season in each bull market cycle.

A former employee of Rippling has alleged he accepted $5,000 in ETH per month to spy on his employer on behalf of its competitor, Deel.

Whale accumulation amid price drops suggests confidence in Ethereum's long-term value, highlighting potential for future market resilience. The post Ethereum whales accumulate 130,000 ETH amid price drop appeared first on Crypto Briefing.

BNY has announced the expansion of its digital assets platform with the launch of a new tool aimed at delivering both on- and off-chain accounting data to blockchain networks.

Ethereum's core developers have confirmed the Pectra upgrade will launch on the mainnet on May 7, 2025, following a smooth final test on the Hoodi testnet and weeks of coordination to resolve earlier technical issues.

How are the charts looking after this sharp drop? Here's an overview of the most relevant technical signals for Cardano, Ethereum (ETH), and Bitcoin (BTC) charts.

Ethereum developers set May 7 as the most probable date for the Pectra upgrade, combining a total of 11 EIP.

Cryptocurrency traders on social media are debating whether a hypothetical Harris presidency may have been a better long-term outcome for the sector, given the poor performance of cryptocurrencies since President Trump took office. What Happened: Pseudonymous trader Pickle outlined a "what-if" scenario in a post on X on Thursday, comparing how cryptocurrencies would have performed if Kamala Harris had won the presidency.

Ethereum developers have officially announced a new deadline for the upcoming Pectra upgrade. The core developers made the final decision in a recent call after passing the third and last testnet implementation without any problems.

The leading altcoin, Ethereum, experienced a challenging month in March, marked by a series of bearish trends that reflected a broader market slowdown.

Ethereum core developers have confirmed that the highly anticipated Pectra upgrade will be deployed on May 7. Nixo Rokish, a member of the Ethereum Foundation's protocol support team, shared the news in an April 3 post on social media, saying: “Pectra mainnet date confirmed May 7.

The Bank of New York Mellon Corporation has announced the expansion of its digital assets platform with the launch of a new tool aimed at delivering both on- and off-chain accounting data to blockchain networks.

From bitcoin as a capital preservation tool to some targeting a move toward the $70,000 level, here's how traders are reacting to U.S. tariffs.

Ethereum could decline by 15% to $1,500 if it falls below the $1,770 level.

Solidity remains the most widely used smart contract language in the crypto ecosystem by a substantial margin.

The market value of Ethereum (ETH) has fallen to its lowest since October 2023. Between yesterday and today, in fact, it first fell below $1,900, and then also below $1,800, with an excursion to $1,750.

The decision to schedule Pectra was made just over a week after the upgrade went live on the Hoodi testnet without any hiccups.

The crypto market continues its strong downward trend as the fear and greed index slumped following Donald Trump's “Liberation Day” speech. Bitcoin (BTC) crashed by 3.5% in the last 24 hours as it approached the crucial support at $80,000.

Ethereum price is under rising downward pressure as falling gas fees point to potential decline in investor enthusiasm.

Ethereum (ETH) price continues to crash, and has now plunged below $1,800. It is down by almost 60% from its November high, and its weak fundamental metrics like falling active addresses, ETF outflows, and fee plunge points to a potential crash to $1,000.

Ethereum, the second-largest cryptocurrency by market capitalization, is facing a tough time. According to CryptoQuant crypto trader EgyHash, Ethereum's network activity has been slowing down, pushing the asset into a difficult position.

Despite people's expectations, Ethereum's price has struggled to retest its all-time high, and CryptoQuant explains why.

Ethereum has experienced increased volatility and constant selling pressure, and this raises the question of the blockchain's future. In the last few weeks, ETH has failed to build on the recovery and hovered below several levels of support.

The system uses zero-knowledge proofs to ensure privacy while maintaining compliance by screening for illicit funds.

The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.

Ethereum's recent struggles have kept it under bearish pressure. Recently, ETH has dropped below $1,900. The blockchain faces stiff competition from newer ones like Solana and Avalanche. While some analysts believe Ethereum's fundamentals remain solid, others worry that ETH could remain trapped in a bearish cycle without a strong catalyst.

Cryptocurrency analyst and trader Ali Martinez believes Ethereum (ETH) is primed to depreciate massively against Bitcoin (BTC). Martinez tells his 134,700 followers on the social media platform X that Ethereum is forming a bearish pattern against Bitcoin on the monthly chart. According to Martinez, Ethereum could plummet by 91% from the current level.

Bitcoin ETFs bounced back from 3 consecutive days of outflows with a massive $221 million inflow, driven by strong interest in ARKB and FBTC. Meanwhile, Ether ETFs continued their struggles, registering a $51 million outflow, led by Grayscale and Blackrock's funds.