Eth

Coinbase has accumulated $300M+ in ETH, which is more than 2x all of Base’s ETH earnings over time,” Base member Kabir.base.eth said on X.

Despite the bearish performance, analysts note a potential setup for a price bounce as bearish sentiment impacts ETH.

Ether’s price action mirrors the August bottom amid signs of strong taban demand for the second-largest cryptocurrency.

Maybe it’s time to trust the stars as the year of the snake starts.

Buterin called for implementing incentives for layer 2 networks to allocate a portion of their fees to ETH using mechanisms like burning fees and staking.

The SEC could consider approving staking for ETFs, boosting sentiment and prices for the second-largest cryptocurrency, market observers said.

The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

Bitcoin (BTC) just hit a new all-time high, but Ethereum’s ether (ETH) is the bigger winner.