Ethereum Solana Survive L1s Crash to Zero
Arthur Hayes predicts most layer 1 blockchain tokens will fail except $ETH and $SOL, citing inflated valuations and lack of long-term viability. #Update #Crypto $ETH
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Arthur Hayes predicts most layer 1 blockchain tokens will fail except $ETH and $SOL, citing inflated valuations and lack of long-term viability. #Update #Crypto $ETH
Lighter surpassed Hyperliquid with $9 billion in 24-hour DEX volume, becoming the leading perpetual futures decentralized exchange. #Update #DEX
Ethereum educator Anthony Sassano indicated that Ethereum’s gas limit could increase by over three times next year, with some developers advocating for a fivefold rise. #Update #Crypto $ETH
Crypto-related equities surge as Bitcoin tops $92,000 and Ethereum exceeds $3,000; @BitMineTech and @CleanSparkInc lead gains. Odds of Federal Reserve rate cut rise. #Update #Crypto $BTC
Ethereum educator Anthony Sassano stated the gas limit will increase to 180 million next year, with discussions for a fivefold rise; the Fusaka upgrade is set for Dec. 3. #Update #Crypto $ETH
@Amundi has launched a tokenized share class on Ethereum, providing blockchain-based access to its euro cash fund for faster, 24/7 trading. #Update #Crypto $ETH
Despite market declines, Ether whales continue accumulating, while an Ethereum ICO whale cashed out $60M after a 9,500x gain. Buyer sentiment for Ether ETFs improves. #Update #Crypto $ETH
Ethereum solidifies its role as the primary infrastructure for global on-chain finance, with @RayaNetwork enhancing speed and security, addressing Ethereum’s limitations. #Update #Crypto $ETH
@BlackRock has acquired $589 million in Bitcoin and Ethereum from Coinbase, receiving 4,044 BTC and 80,121 ETH amid a recovering crypto market. #Update #Crypto $BTC $ETH
@Amundi has launched its first tokenized share class on Ethereum, highlighting Europe’s shift to blockchain fund distribution and Ethereum’s role in asset tokenization. #Update #Crypto $ETH
@BitMine has acquired 14,618 ETH for over $44 million, holding about 3% of total supply. However, it faces an unrealized loss of $3.6 billion amid market fluctuations. #Update #Crypto $ETH
@BitmineImmersion acquired 14,618 $ETH for $44.34 million, increasing its holdings to 3.6 million ETH amid rising institutional interest and spot ETF inflows. #Update #Crypto $ETH
@MegaETH’s $500M pre-deposit faced immediate issues at launch due to an incorrect SaleUUID in the contract, necessitating a 4-of-6 multisig update. #Update #Crypto
Ethereum’s price surged above $3,000, eyeing further gains if it clears the $3,080 resistance. Current support is at $2,950. #Update #Crypto $ETH