ETH Breaks Through 2000 USDT

Over the past 24 hours, the crypto market liquidated $171 million, with long positions accounting for over 65%

According to CoinGlass data, on March 24th, the cryptocurrency market experienced liquidations totaling $171 million within 24 hours, with long positions accounting for over 65% of the total. BTC liquidations reached $53.8812 million, ETH liquidations reached $40.0353 million, affecting 82,511 traders, with the largest single liquidation at $6.4509 million.

Ethereum Foundation: The Evolution of Ethereum L1-L2 Roles and Future Collaboration

Source: Ethereum Foundation; Compiled by: Cointelegraph Key Points (TL;DR): ---------- Objective: All users (individuals and institutions) should have a clear pathway to leverage, scale, and benefit from the core attributes offered by Ethereum. Best Path: Leverage the unique capabilities of each layer, strengthen Ethereum's core attributes, and unlock significant value for end users through these attributes. Evolution of Layer Roles: As the ecosystem grows, the responsibilities of each layer are changing: Past: L2's primary objective was scaling Ethereum, followed by providing differentiation and customization space. The greatest leverage was in scaling. Present: L2's primary objective is to provide differentiated features, services, customization, go-to-market (GTM) strategies, and control