Ethereum | ForkLog

ForkLog 7 07.11.2024

Ethereum Whale Sells Assets After Eight-Year Hiatus

On November 7, as Ethereum’s price surged to $2800, a whale holding 398,891 ETH ($1.14 billion) began liquidating assets after eight years of inactivity, according to analysts at Lookonchain. A whale with 398,891 $ETH($1.14B) began selling today after being dormant for over 8 years! In the past 6 hours, 13,400 $ETH($37.38M) has been sold at […]

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ForkLog 5 07.11.2024

Ethereum Surpasses $2800 Mark

The second-largest cryptocurrency by market capitalization has surged by 9.6% over the past 24 hours. The asset’s price has broken through the $2800 level, reaching values last seen in early August.

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ForkLog 7 06.11.2024

Ethereum’s Market Cap Share Relative to Bitcoin Hits 3.5-Year Low

The market capitalization ratio of Ethereum to Bitcoin has fallen to 24.52%, the lowest level since April 2021. At the beginning of 2024, the metric stood at 32.7%, reports The Block. This indicator reflects investor preferences and capital flows between the two largest assets by market value in the cryptocurrency market. The growing dominance of […]

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ForkLog 9 05.11.2024

UK Pension Fund Allocates $2 Million to Bitcoin Investment

An undisclosed UK pension fund has allocated 3% of its AUM of £50 million GBP (~$64.9 million) for direct Bitcoin purchases instead of BTC-ETF. This was reported by Corporate Advisor. According to the report, the private key is distributed among five independent institutions. This marks the first initiative of its kind in the country. The […]

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ForkLog 14 05.11.2024

Analyst Highlights Growth in On-Chain Metrics for Bitcoin and Ethereum

A researcher from The Block, known by the pseudonym Lars, has shared a series of posts on X illustrating the growth of network metrics for stablecoins, the two most capitalized cryptocurrencies, NFTs, and other key market segments.

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ForkLog 8 05.11.2024

Vlayer to Develop Solidity 2.0 for Enhanced Ethereum Functionality

Developers at Vlayer aim to expand Ethereum’s capabilities by creating the Solidity 2.0 programming language for smart contracts.

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ForkLog 10 04.11.2024

21Shares Likens Ethereum to Amazon in the 1990s

Ethereum holds the potential akin to Amazon in the early 1990s, which grew into a tech giant with a $2 trillion market cap. This conclusion was drawn by 21Shares, as reported by Cointelegraph. “Just as Amazon moved beyond the book business and redefined entire industries, Ethereum might surprise us with revolutionary use cases that we […]

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ForkLog 73 30.10.2024

Vitalik Buterin Addresses Criticism of Ethereum’s Fragmented L2 Ecosystem

Ethereum co-founder Vitalik Buterin responded to criticism regarding the complexity of user interaction with second-layer networks, attributed to the fragmentation of the space. Camila Russo, founder of the DeFi media platform The Defiant, stated that while she is a supporter of Ethereum and a community participant, the team needs to stop downplaying the negative user […]

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ForkLog 16 29.10.2024

Ethereum Staking Rate Declines to 3%

The annual reward rate for staking the second-largest cryptocurrency by market capitalization has decreased to approximately 3%.

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ForkLog 17 29.10.2024

Vitalik Buterin Discusses Prospects for Enhancing the EVM

In the sixth part of his essay “Possible Futures of the Ethereum Protocol,” Vitalik Buterin explored blockchain improvements during the roadmap phase known as The Splurge, focusing largely on the Ethereum Virtual Machine (EVM). Possible futures of the Ethereum protocol, part 6: The Splurgehttps://t.co/OabLldVCqj — vitalik.eth (@VitalikButerin) October 29, 2024 “Today, the EVM is difficult […]

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ForkLog 8 29.10.2024

Analyst Predicts TON Will Soon Surpass Ethereum in Cryptocurrency Holders

The number of cryptocurrency holders in The Open Network (TON) project is expected to surpass that of Ethereum by approximately December 20, according to CryptoQuant contributor known as maartunn.

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ForkLog 21 29.10.2024

Ethereum’s Layer 2 Solutions: A Double-Edged Sword

Constraints within Ethereum are driving users, applications, and capital towards Layer 2 networks and competing blockchains like Solana as demand for faster and more scalable solutions grows. This perspective was shared by Zeta Markets co-founder Anmol Singh in a conversation with The Block. “Ethereum’s Layer 2 is a result of the base infrastructure being insufficient […]

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