Ethereum News
Movement pivots to stablecoin payments as the layer-2 boom loses momentum
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
Tom Lee calls Strategy's bitcoin sale classic 'bottom behavior'
Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.
Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes
In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.
Bitmine slows ether purchase pace, buying $53 million worth last week
The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.
Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war
In this week's edition of The Protocol Newsletter, we're diving deep into the institution that has been the main steward for the Ethereum blockchain, and why its been back in the spotlight.
A blockchain lottery plans to turn crypto gambling fees into Ethereum developer funding
Decentralized lottery protocol Megapot is teaming up with Protocol Guild in what the firms describe as the crypto industry’s first programmable charity lottery.
Bit Digital bought $20 million ETH for first time since October before 15% plunge
The firm said it purchased 8,568 ether on May 11 at an average price of $2,334. Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss.
Standard Chartered backs $4,000 ether as retail piles into the sub-$2,000 drop
The bank says onchain metrics will pull the price back up, just as Amazon's stock price recovered after 2001. A retail dip-buying frenzy and a record futures short build say the bottom isn't in yet.
Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH
Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.
Joe Lubin-backed Ethereum treasury firm SharpLink to join the Russel indexes
The inclusion could attract fresh passive inflows from index-tracking funds, while the firm's stock tanked 95% from its peak over the past year.
