Smart accounts will solve the “wallet trilemma” by optimizing for non-custodial control, convenience, and security. An Ethereum Improvement Proposal known as EIP-7702 could accelerate the adoption of smart accounts by making it easier for existing users to upgrade their wallets, according to Safe co-founder Lukas Schor. “EIP-7702 will be the tipping point for account abstraction,”…
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“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may also surprise us with revolutionary use cases that we can’t fully envision today,” one 21Shares executive said. Wall Street investors are still largely unaware of Ethereum’s potential, akin to Amazon in the early nineties before it became a $2 trillion tech giant, according…
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A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it’s no longer just for “tech enthusiasts.” Just over $50 billion worth of Ether is currently locked in accumulation wallets — nearly 65% more than the beginning of 2024, according to a crypto analyst. “By…
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Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000. Ether rallied 16.2% on Aug. 8, but struggled to maintain levels above $2,600 on Aug. 9. Despite encountering stronger-than-expected resistance at $2,700, Ether remains well-positioned to extend its bullish trend, supported by a more…
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Ethereum price underperforms BTC on a number of metrics as investors await spot ETH ETF to start trading. Ether $3,090 started the year strongly but began tapering off in mid-March. Although the ETH picked momentum in mid-May amid anticipation of the approval of spot Ethereum ETFs in the United States, it has underperformed Bitcoin BTC …
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A hacker broke into the Ethereum Foundation’s email server and sent scam emails to 35,794 people, recording 81 subscriber email addresses in the process. On June 23, the Ethereum Foundation’s “update” email account was hacked and used to promote a phishing scam, according to a July 2 blog post from the foundation. The foundation has…
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The SEC commented on the S-1 forms and requested resubmissions by July 8, potentially delaying the launch of spot Ether ETFs until mid-to-late July. The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).…
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Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening. Ether has been under pressure since June 7, when it lost its $3,800 support level. Despite a series of positive developments, its price remained below $3,600 on June 19, showing no weekly change. Some analysts believe that the…
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Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors. Digital asset manager Bitwise released its first spot Ether exchange-traded fund commercial on Thursday, allowing non-fungible token (NFT) enthusiasts to mint the 39-second clip on Ethereum. “Capture a piece of crypto…
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Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years. Over $3 billion worth of Ether has been removed from centralized crypto exchanges since the May 23 approval of spot Ether exchange-traded funds (ETFs) in the United States — signaling a potential upcoming supply squeeze. The amount…
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