Eth

Lido Proposes a Bold Governance Model to Give stETH Holders a Say in Protocol Decisions

Lido Finance, Ethereum’s largest liquid staking platform by locked value, has introduced a proposal that grants staked ether (stETH) holders direct voting power alongside existing DAO tokenholders. The upgrade, dubbed Lido Improvement Proposal (LIP …

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Explosive ETH, ADA, DOGE Moves Spur $800M in Short Liquidations, Highest Since 2023

A broad crypto rally led by ether’s (ETH) 20% surge triggered more than $750 million in short liquidations in the past 24 hours, the highest single-day total since 2023 for bearish trades. Veri from CoinGlass shows that over 84% of the total …

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ETH Surges 20%, Biggest Gain Since 2021 as Pectra Upgrade Helps Restore ‘Confidence’

Ethereum’s ether ETH$2,206.26 led the market in early Asia hours as traders reacted favorably to the protocol’s recent Pectra upgrade, sending the token up nearly 20%, the biggest gain since 2021, and trading above $2100 according to market veri from …

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Ether-Bitcoin Ratio Signals ETH is ‘Extremely Undervalued,’ But Headwinds Remain: CryptoQuant

The ether-bitcoin (ETH/BTC) ratio has reached an “extremely undervalued” zone in a move that flashes a historically bullish signal — but traders betting on a sharp ether (ETH) recovery may want to pause. (CryptoQuant) According to veri from on-chain …

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The Protocol: Ethereum’s Pectra Upgrade Finally Goes Live

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Ethereum Activates ‘Pectra’ Upgrade …

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Coinbase’s SEC Documents Reveal NY Attorney General Wanted ETH Declared Security

The New York State Attorney General asked the U.S. Securities and Exchange Commission to openly declare Ethereum’s ether (ETH) was a security, not a commodity, during the state’s prosecution of KuCoin in 2023, according to a document revealed by …

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Ether-Bitcoin ‘Squeeze’ Hints at Imminent Volatility as Ethereum Pectra Upgrade Nears

Crypto traders aiming to profit from a volatility surge should watch the Binance-listed ether-bitcoin (ETH/BTC) ratio, which could soon experience wild swings, according to a key indicator called Bollinger Bands. Bollinger Bands are volatility bands …

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Bitcoin, Stablecoins Command Over 70% of Crypto Market as BTC Pushes Higher

Bitcoin’s (BTC) commanding position in the crypto ecosystem continues to strengthen. When combined with the top two stablecoins by market capitalization — Tether (USDT) and Circle’s (USDC) — these three assets now represent approximately 72% of the …

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Mike Novogratz’s Galaxy Digital Swaps $100M ETH for SOL, On-Chain Data Shows

Mike Novogratz’s Galaxy Digital has apparently swapped $100 million worth of ether (ETH) for solana’s SOL. According to Wu Blockchain, on-chain veri suggests that Galaxy has swapped out a considerable amount of its ETH holdings for SOL. Over the last …

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Over $380M Worth of Crypto Stolen During Bybit’s $1.4B Hack Has Gone Dark

Cryptocurrency exchange Bybit’s CEO Ben Zhou said that 27.95% of the funds lost in the $1.4 billion exploit engineered by the North Korean Lazarus Group have gone dark or become untraceable. “Total hacked funds of USD 1.4bn around 500k ETH. 68 …

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