The post Ethereum Faces Plagiarism Jabs as Hoskinson and Adam Back Weigh In On UTXO Proposal appeared on BitcoinEthereumNews.com.
Key highlights: Ethereum researchers are mulling the introduction of native UTXOs for payments on the network Charles Hoskinson slams Ethereum for failing to credit Cardano for rolling out EUTXO Ethereum is bracing for a raft of network changes over the next four years As Ethereum tries to reinvent itself, a new proposal from an Ethereum Foundation researcher to introduce native UTXOs for payments has sparked criticism from prominent ecosystem players. Cardano founder Charles Hoskinson and cryptographer Adam Back argue that the idea rehashes concepts pioneered years ago by Bitcoin and Cardano. Ethereum proposes native UTXOs for payments In a post, Ethereum Foundation researcher Toni Wahrstatter proposed a plan to reduce Ethereum’s long-term state growth by making simple payments “one-shot objects.” According to the proposal, the objects will be removed after
The renegotiation highlights the challenges of aligning traditional finance with volatile crypto assets, impacting future SPAC-crypto ventures.
The post Cantor Fitzgerald-backed SPAC and Adam Back’s Bitcoin firm scrap original merger terms, start fresh negotiations appeared first on Crypto Briefing.
The post Ethereum Eyes New Horizons with UTXO-Inspired Model appeared on BitcoinEthereumNews.com.
Developers associated with the Ethereum Foundation are considering innovative strategies to manage the ever-increasing data burden on their blockchain network. A notable suggestion from researcher Toni Wahrstatter involves the adaptation of elements from the UTXO model, a well-established framework in the blockchain sphere. Continue Reading:Ethereum Eyes New Horizons with UTXO-Inspired Model Source: https://en.bitcoinhaber.net/ethereum-eyes-new-horizons-with-utxo-inspired-model
The post BitMine Adds $70M in Ethereum (ETH), Nears 5% of Total Supply appeared on BitcoinEthereumNews.com.
Ethereum News Ethereum (ETH) treasury firm BitMine Immersion Technologies added roughly $70 million in ETH over a single 24-hour window, on-chain data shows, pushing its holdings toward a self-imposed target of 5% of the entire circulating supply. The purchase, tracked by wallet analysts, follows the company’s disclosure of 42,197 ETH bought the prior week and marks another step in an aggressive accumulation campaign led by chairman Tom Lee. BitMine now ranks among the largest corporate holders of the second-biggest cryptocurrency by market value, and the pace of buying has visibly accelerated as the firm closes in on its supply milestone. According to the company’s own investor-relations disclosure dated July 6, BitMine held 5,742,237 ETH as of July 5, alongside 206 bitcoin, a $180 million equity stake in Beast Industries, a $71 million position in Eightco Holdings, and $527 mil
The post Ethereum Price Eyes Breakout as Bitmine Builds Its ETH Stack appeared on BitcoinEthereumNews.com.
Key Insights: Ethereum Price held support after rejection near resistance. ETF inflows returned as buyers tested momentum. Bitmine’s ETH treasury added an institutional demand context. Ethereum Price recovered in early July as buyers returned to the lower trading range. The move followed renewed exchange-traded fund (ETF) inflows, fresh treasury demand, and a technical test near resistance. The setup mattered because ETH crypto traders watched whether spot demand could absorb selling pressure. A clean daily close above the current barrier would shift focus toward a higher recovery zone. Ethereum Price Faces Resistance After Rebound TradingView data showed Ethereum traded near $1,779 on July 7 after sellers rejected the $1,820–$1,850 resistance zone. The chart also showed buyers defending the $1,750 area during the latest pullback. Ethereum price chart | Source: TradingView That re
The post USDT for Payments, USDC for DeFi: Two Stablecoin Markets appeared on BitcoinEthereumNews.com.
You can feel it on-chain. Stablecoins aren’t one big pool anymore. They’re splitting into two clear jobs. USDT is becoming the everyday money rail for cross-border payments and P2P commerce, especially where banking is expensive or unreliable. USDC is increasingly the pipe that DeFi runs on across Ethereum and the newer L2s. Same dollar intent, different routes, different frictions. If you’re building, trading, or paying salaries, this split changes how you move money, where you source liquidity, and which risks you accept.
Point
Details
USDT leads in payments
Low fees and wide P2P access on Tron pull remittances and merchant flows into USDT. Tether’s transparency shows most USDT supply lives on Tron.
USDC anchors DeFi
Major DeFi pairs, collateral standards, and L2 ecosystems lean USDC first, especially on Ethereum, Arbitrum, Optimism, and Base.
Two l
The post Cardano Price Prediction: ADA Pulls Back to $0.17 After a Strong Weekly Rally as Bulls Watch $0.20 and $0.22 Reclaim appeared on BitcoinEthereumNews.com.
Cardano price holds near $0.17 after a strong weekly rally, with bulls watching $0.20 and $0.22 as key reclaim levels before $0.30. Cardano price is trading near $0.17 after a weaker 24-hour session, according to Brave New Coin data. ADA is down around 4.84% on the day, with the price moving between a low near $0.17 and a high around $0.18. Market cap sits close to $6.35 billion, while daily volume is around $339 million. Even with the latest pullback, ADA is still coming off one of its strongest short-term rallies in recent weeks. ADA Price Pullbacks Despite Weak Conditions Cardano has been one of the more active large-cap altcoins recently. Daan Crypto Trades pointed out that ADA posted a big rally over the past week and stood out compared to many other major coins. That matters because when a coin like Cardano starts outpe
Aave’s GHO stablecoin has always needed distribution to matter. The DAO’s approval of a native Arbitrum deployment is a step in that direction, giving the asset a clearer path into one of Ethereum’s busiest scaling ecosy