Ethereum News

Ethereum News

Markets

Privacy-Focused Aztec Network's Ignition Chain Lights Up on Ethereum

Aztec Network launched its Ignition Chain, becoming the first fully decentralized Layer 2 protocol on Ethereum's mainnet.

green, light

Finance

BitMine Immersion Acquires $173M in Ether as Tom Lee Suggests Reason Behind Crypto Weakness

The Bitmine chairman said a wounded market maker could be scaling back operations, tightening crypto liquidity and weighing on digital asset prices.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Ether Tumbles 8% as ETFs Bleed Over $1.4B, Long-Term Holders Sell

ETH plunged below $3,100 on Friday as the crypto selloff accelerated with bitcoin losing the $100,000 level.

Ether (ETH) price on Nov 14 (CoinDesk)

Tech

Ethereum Layer-2 RISE Unveils RISEx and MarketCore to Build Global On-Chain Markets

The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.

Sam Battenally CEO of RISE (RISE)

Finance

Ethereum Is ‘The Infrastructure’ for Wall Street, Says Former BlackRock Executive

Joseph Chalom is betting his next act on Ethereum, calling it the only chain institutions can trust to digitize finance.

Wall street signs, traffic light, New York City

Opinion

Ethereum Is Like a Shark. If It Stops Moving, It Will Die

Though Ethereum is still the preferred platform among institutions for asset tokenization, DeFi apps and stablecoin creation, it faces threats that will erode its edge if it doesn't move to meet the market, argues Axelar co-founder and CEO Sergey Gorbunov.

Shark (Unsplash/Gerald Schombs/Modified by CoinDesk)

Tech

The Protocol: ZKSync Aims to Revamp Its Tokenomics Model

Also: The First AI Agent App Store, ETH Devs Lock In Fusaka Mainnet Date and Edge & Node’s Ampersand.

Playing cards and poker chips. (Michał Parzuchowski/Unsplash, modified by CoinDesk)

Markets

Ether's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate

The correction could have more room to run, with ETH potentially falling to as low as $2,700-$2,800, 10x Research's Markus Thielen warned.

Ether (ETH) price (CoinDesk)

Markets

Analyst Says Ethereum Is the Best Ecosystem and Ether Is Poised to Top $5,000

Ether rose on heavier trading, then slipped after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below.

24-hour ETH chart shows advance and late pullback near the upper band

Tech

Ethereum Developers Lock In Fusaka Upgrade for Dec. 3 With PeerDAS Rollout

The move kicks off the countdown to Ethereum’s second hard fork of 2025.

(Unsplash/Modified by CoinDesk)