ETH Breaks Through 2400 USDT

Ethereum Foundation Outlines L1 and L2 Collaboration Vision, Clarifies Layer Roles and Development Roadmap

# Ethereum Foundation Points Out That L2's Goal Shifts Towards Providing Differentiated Features and Market Strategies, While L1 Continues as a Permissionless Settlement Hub. The Article Emphasizes That L2 Should Achieve Interoperability and Secure Exits, and States It Will Expand L1 Capacity and Research Rollup Technology to Enhance Platform Experience and Liquidity.

Gambler 0x9657 Opens Multiple High-Leverage Long Positions on SP500 and ETH

Gate News bot message, according to Lookonchain, gambler 0x9657 opened a 50x long position on 1,236 SP500 ($8.09M) and a 25x long position on 2,346 $ETH ($5.01M). The liquidation prices are set at $6,525.59 for SP500 and $2,095.89 for $ETH. Previously, the same trader opened a 40x long position on 2

NYSE Lifts Crypto Options Cap Across 11 BTC and ETH ETFs

Two NYSE-affiliated venues have scrapped the 25,000-contract cap on options tied to 11 crypto ETF options, a move the exchanges filed with the Federal Register on March 10. The Securities and Exchange Commission acknowledged the rule alterations on Sunday by waiving the standard 30-day waiting

Blockchain Capital Stakes 6,400 ETH Again After Two Years, Worth Approximately $13.82 Million

Gate News reported that on March 24, according to Lookonchain monitoring, Blockchain Capital staked 6,400 ETH again after a two-year hiatus, valued at approximately 13.82 million dollars.

Russia Approves "Digital Currency and Digital Rights Act," Mainstream Assets Including BTC, ETH, SOL Meet Admission Standards

The Russian government has approved the Digital Currency and Digital Rights Bill. The central bank will review and authorize digital assets permitted for circulation, establish strict listing conditions, ban privacy coins, set an annual investment limit of $4,000 for investors, impose substantial fines and prison sentences on non-compliant exchanges and mining enterprises, and the bill must complete review by 2026.

Citigroup Slashes Bitcoin and Ethereum 12-Month Price Targets, Citing Stalled U.S. Crypto Legislation Weighing on Upside Catalysts

Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum, signaling a shift toward caution on the cryptocurrency market's medium-term outlook, primarily due to slow progress in U.S. crypto asset legislation. Bitcoin's target was reduced from $143,000 to $112,000, while Ethereum's fell to $3,175. Despite upside potential remaining in the future, the lack of new policy catalysts suggests prices may oscillate within a range in the near term. Citigroup's assessment of Ethereum is more cautious, as it believes the asset is more significantly impacted by on-chain activity.