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news-imageJanuary 30, 2025

Pudgy Penguins: the Ethereum layer-2 Abstract struggles to gain liquidity

During the first days of launch, Abstract, the layer-2 of Ethereum launched by Pudgy Penguins, is encountering difficulties in gathering liquidity.
Publisher: The Cryptonomist
Sentiment: Negative
ETH
PENGU

More News Articles

Neutral
cover-imageBenzinga
February 20, 2025

Vitalik Buterin Criticizes Blockchain 'Casinos,' Suggests Ethereum Won't Follow Solana's Approach To Meme Coins

Ethereum co-founder Vitalik Buterin has voiced his disappointment with criticism that Ethereum (CRYPTO: ETH) is “bad and intolerant” for not embracing “blockchain casinos.” What Happened: In response to a query on Tako, Buterin revealed that the criticism is that Ethereum “do not respect casinos” on the blockchain.

Positive
cover-imageBenzinga
February 20, 2025

Ethereum ETF News Could Spark 'Massive' Move, Traders Say

Ethereum (CRYPTO: ETH) remains in a sideways range, but rising ETF inflows, whale accumulation, ETF applications are fueling speculation of a major rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $2,741.19 $330.5 billion +0.6% +3.3% Bitcoin (CRYPTO: BTC) $97,204.60 $1.92 trillion +0.8% +1.4% XRP (CRYPTO: XRP) $2.68 $155.09 billion +2.4% +9.8% Trader Notes: Crypto trader Mikybull Crypto noted significant Ethereum accumulation, predicting that once ETH starts moving, the rally will be "massive.

Positive
cover-imageCoingape
February 20, 2025

Ethereum ETF Staking Likely Soon as US SEC Acknowledges Cboe Filing

The U.S. Securities and Exchange Commission (SEC) has acknowledged the 19b-4 filing by the Cboe exchange while seeking the approval of staking features in the 21Shares Core Ethereum ETF (CETH). This could be a welcome development as crypto ETFs were barred from staking under the SEC chairmanship of Gary Gensler, noting that it violated securities

Positive
cover-imageCryptoSlate
February 19, 2025

Ethereum Foundation unveils interoperability framework to unify liquidity across EVM chains

The Ethereum Foundation (EF) announced on Feb. 19 a new interoperability initiative called the Open Intents Framework to streamline cross-chain transactions across Ethereum Virtual Machine (EVM)-compatible networks fueled by intents. The project will tackle the inefficiencies that arise from navigating the increasingly fragmented Ethereum layer-2 (L2) ecosystem.

Positive
cover-imageCryptonews
February 19, 2025

Vitalik Buterin Holds Q&A on Tako, Discusses Ethereum's Long-Term Development and Decentralization

Vitalik Buterin discussed Ethereum's scalability, stating that Layer 1 should support critical transactions while Layer 2 improves efficiency. He noted that Ethereum operates independently of its foundation, reinforcing decentralization. Buterin also addressed the role of sequencers and the need to sustain open participation through ongoing improvements in governance, security, and scalability. The post Vitalik Buterin Holds Q&A on Tako, Discusses Ethereum's Long-Term Development and Decentralization appeared first on Cryptonews.

Positive
cover-imageBenzinga
February 19, 2025

Bitcoin, Ethereum, XRP, Dogecoin Rebound: $92,000 Key Downside Support Until $97,000-$98,500 Is Reclaimed, Analysts Say

Crypto markets are trending higher on Wednesday, driven by optimism around potential altcoin spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,045.95 +2.4% Ethereum (CRYPTO: ETH) $2,711.43 +3.5% Solana (CRYPTO: SOL) $168.94 +3.1% XRP (CRYPTO: XRP) $2.66 +7% Dogecoin (CRYPTO: DOGE) $0.2518 +2.4% Shiba Inu (CRYPTO: SHIB) $0.00001531 +2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 4%.

Positive
cover-imageCoingape
February 19, 2025

Why is Ethereum Price Up 3% Today?

Ethereum price has shown resilience, maintaining stability above the $2,700 level while experiencing a 3% increase today. This movement follows a trend of decreasing exchange-held ETH, indicating a shift in investor behavior.

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