Ethereum | ForkLog

ForkLog 28 18.12.2024

Deutsche Bank to Launch Ethereum L2 Using ZKsync

Deutsche Bank plans to launch an Ethereum Layer 2 solution utilizing the ZKsync stack. This was reported by Bloomberg, citing Boon-Hiong Chan, the bank’s head of applied innovation in the APAC region. The initiative aims to address compliance challenges associated with public blockchains. The organization also intends to enhance efficiency and reduce operational costs. According […]

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ForkLog 13 17.12.2024

Prospects for Ethereum Staking ETFs Under Trump Administration

The administration of Donald Trump may create conditions in which staking in Ethereum ETFs attracts significant capital to American exchange-traded funds. This view was shared by YouHodler exchange executive Ruslan Lienha in an interview with The Block. “Under the Trump administration, staking is likely to receive the necessary legal framework, paving the way for broader […]

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ForkLog 7 17.12.2024

Santiment Reports on Ethereum Whales Holding Over 100,000 ETH

Currently, 104 wallets each hold at least 100,000 ETH (~$400 million). Their combined balance of 83.81 million ETH (~$333.1 billion) represents a record 57.35% of the Ethereum supply, according to Santiment. ? There are currently 104 whale wallets holding at least 100K Ethereum. Their combined holdings currently sit at 57.35% of all existing ETH tokens, […]

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ForkLog 8 17.12.2024

Solana Node Operator Reveals Beneficiaries of Meme Coin Frenzy

Solana, Jito, and Raydium are the main beneficiaries of the meme coin hype. The most profitable strategy is the long-term provision of liquidity to the “funny coins” market. The meme coin market is experiencing a “second cycle” with increased competition and risks. Providing liquidity to the meme coin market is more profitable than it might […]

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ForkLog 16 15.12.2024

Ethereum Liquid Restaking TVL Surges by 6000% Over the Year

Throughout 2024, the total value locked (TVL) in Ethereum liquid restaking protocols soared from $284 million to $17 billion, marking an increase of nearly 6000%. TVL of Ethereum liquid restaking. Data: DeFi Llama. The majority of this amount ($9.1 billion) is attributed to the Ether.Fi protocol, followed by Kelp ($1.8 billion), Eigenpie ($1.6 billion), and […]

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ForkLog 72 14.12.2024

VanEck Predicts Ethereum at $6000 and Solana at $500

At the peak of the current bull cycle, the price of the second-largest cryptocurrency by market capitalization will exceed $6000, while Solana and Sui will reach $500 and $10, respectively. This forecast was made by VanEck specialists. “After this peak, we expect a 30% correction in the price of Bitcoin. Meanwhile, altcoins may fall more […]

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ForkLog 6 12.12.2024

CryptoQuant Predicts Ethereum Surge Beyond $5000

If current trends in demand and supply, on-chain activity, and investor interest persist, the second-largest cryptocurrency by market capitalization is poised for significant appreciation. This is reported by The Block, citing insights from CryptoQuant experts.

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ForkLog 9 12.12.2024

BlackRock and Fidelity Acquire $500 Million in Ethereum for ETFs Over Two Days

BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) purchased $500 million worth of Ethereum between December 10 and 11, according to data from Arkham. PAST 48 HOURS: BLACKROCK AND FIDELITY BOUGHT OVER HALF A BILLION USD OF ETH pic.twitter.com/44N5mRAT5O — Arkham (@arkham) December 11, 2024 BlackRock and Fidelity acquired the coins through Coinbase […]

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ForkLog 17 11.12.2024

Ethereum’s Prospects of Reaching $5000 by December Dwindle Below 10%

The likelihood of Ethereum reaching the $5000 mark by the end of the year has fallen to less than 10%, according to Cointelegraph, citing data from Derive. Data: Derive. “At its peak, the figure rose to 16%, but recently it has decreased to just over 8%,” clarified Sean Dawson, head of research at the options […]

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ForkLog 6 11.12.2024

2017 Whale Transfers $2.5 Million in ETH to Exchange

An Ethereum whale transferred 680 ETH (~$2.53 million) to Binance, while still holding a total of 3227.7 ETH ($12 million). The investor acquired the coins between 2017 and 2018. Data: Etherscan. During that period, the coin’s price fluctuated between $300 and $900. The investor’s previous activity was recorded in July-September 2023, when 2773 ETH was […]

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ForkLog 35 10.12.2024

Ethereum Researcher Max Resnick Moves to Solana

Ethereum developer Max Resnick has announced his departure from the ConsenSys team to join Anza, a company focused on Solana. Last week was my last week at Consensys. Today is my first day at @anza_xyz. I’m taking my talents to Solana. In my first 100 days, I plan on writing a spec for as much […]

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ForkLog 8 09.12.2024

Crypto Funds Inflow Reaches Record $3.85 Billion

Between December 1 and 7, cryptocurrency investment funds received $3.85 billion, marking a historic peak. This positive trend has continued for the ninth consecutive week, according to CoinShares. Data: Coinshares. The previous week, the figure stood at $270 million. The inflow since the beginning of the year has reached a record $41.1 billion. The volume […]

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