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Bitcoin's Retreat After $100,000 High Underscores Cryptocurrency RisksLast week, Bitcoin briefly surged past the $100,000 mark, capturing widespread market attention. However, this breakthrough proved short-lived, with the cryptocurrency subsequently retracing and paring back recent gains

Ethereum Foundation 2024 Financial Report: Core Values, Detailed Expenditures, and Ecosystem OverviewThe Ethereum Foundation (EF) recently released a comprehensive financial report detailing its core values, expenditure breakdown from 2022 to 2023, treasury status as of October 31, 2024, and an overall assessment of the Ethereum ecosystem. This report aims to address community concerns regarding transparency, clearly illustrating the Foundation's operations and its contributions to the long-term development of the Ethereum ecosystem

Market Overview In observance of Good Friday, financial markets in Europe and North America remained closed, while energy, precious metal, foreign exchange, equity index, and US Treasury futures trading at the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) were suspended for the entire day. Activity in the foreign exchange market was relatively subdued during the quiet holiday period

On October 26th, Ethereum developers gathered on Zoom for All Core Developers Execution (ACDE) Call # 173. The ACDE conference call is hosted by Tim Beiko, Director of Protocol Support at the Ethereum Foundation, and a series of meetings are held every two weeks where developers discuss and coordinate changes to the Ethereum Execution Layer (EL)

What are the main upgrade points of Ethereum's Cancun upgrade, which is why it is said to be beneficial for this L2The central point is the EP-4844 protocol, which expands the capacity of blocks connected to L2 and L1. For example, when there is a transaction between L2 and L1, the transaction blocks can store around 50-100kb