Grayscale's latest report highlights Ethereum, Solana, BNB Chain, and Canton Network as the top blockchains likely to gain from the advancing Digital Asset Market Clarity Act in the US. This legislation aims to establish clear rules for digital asset classification and crypto intermediaries, which could boost institutional adoption of public blockchains. Ethereum leads for tokenized assets, Solana and BNB Chain for stablecoin and DeFi activity, and Canton Network for privacy-focused institutional use. Regulatory clarity is expected to deepen integration of blockchain technology into traditional finance.
Ethereum (ETH) has dropped below its 200-hour Simple Moving Average (SMA), indicating weakening bullish momentum and increasing seller control. The price recently fell from around $1,720 to the mid-$1,600 range, with $1,580 identified as the next maj...
A whale trader opened a $24.34 million leveraged position on Solana (SOL) and Ethereum (ETH), betting on a rally. The trader closed the ETH position with a $14.2K profit amid a tech sector sell-off that pressured crypto markets, leaving the $16.5M SO...
Bitcoin and Ethereum, along with several other major cryptocurrencies, experienced significant price declines, with Bitcoin falling over 4% and Ethereum dropping nearly 6%. This broad market sell-off reflects increased investor caution and volatility...
Ethereum's price dropped more than 5% to around $1,660 amid a broader crypto market decline affecting Bitcoin and other major coins. The selloff is compounded by the Ethereum Foundation's decision to cut about 20% of its workforce as part of a restru...
The Ethereum Foundation announced a 40% budget cut and a 20% reduction in staff as part of a major organizational reset. Co-founder Vitalik Buterin outlined plans to shift to a leaner, endowment-style model, reducing annual spending from 15% to 5% of...
