Taking to X on April 26, one analyst notes that there is a high probability of Ethereum spiking in the sessions ahead because of thinning sell-side liquidity across major centralized exchanges like Binance and Coinbase. Thin Sell-Side, Big Potential Move For ETH Thinning sell-side liquidity, as seen on order books across CEXes, means that few sellers are […]
There has been a noticeable uptick in network activity in the broader Ethereum ecosystem. According to Dune Analytics, excluding Ordinals-related addresses, there are over 10 million wallets actively engaging with the mainnet and Ethereum layer-2 solutions like Base, Optimism, and Arbitrum. This milestone is a direct result of the successful implementation of the Dencun Upgrade […]
A recent poll conducted by Christine Kim, a researcher at Galaxy Digital, has revealed significant misconceptions within the Ethereum community regarding the blockchain’s economic security. The poll, which asked the crypto community to assess the security threshold of ETH staked in securing the blockchain, indicated a lack of awareness about the actual risks of an […]
Experts are currently arguing about the likelihood of the US Securities and Exchange Commission (SEC) approving a spot Ethereum ETF. Among others, Samson Mow, known as the “Bitcoin Maximalist” and founder of Jan3, a company focused on accelerating the nation-state adoption of BTC, voiced strong doubts and criticism. Mow’s Critique: Dissecting The Ethereum ETF Dilemma […]
Ethereum (ETH), the second-largest cryptocurrency, has reached a significant milestone by touching $4,000, marking a two-year high and closing the gap towards its all-time high (ATH). As Bitcoin (BTC) also reached a new all-time high of $70,100, the cryptocurrency market is witnessing an explosive bull run. Technical analysis suggests that Ethereum is poised to overcome […]
A dormant Ethereum address has roared to life to take advantage of the price surge that has rocked the digital asset in the last day. The wallet, which had not seen any activity in almost a decade, made its first transaction after the price of ETH moved above $3,200. Given that this investor has managed to […]
On Thursday night, the Axie Infinity co-founder suffered a hack that included a large amount of ETH being withdrawn from the wallet and sent to Tornado Cash. The suspicious activity was revealed by a blockchain investigator, who alerted of the compromised whale wallet over the Ronin bridge. Related Reading: Massive Crypto Breach: Hackers Extract $26 […]
A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down. His analysis focused on Ethereum’s liquid-staked tokens (LSTs), liquid-restaked tokens (LRTs) and stablecoins backed by these tokens and how they could lead to the next “bubble” burst. Magic Money That Could Lead […]
Ethereum is currently trading at $2,290 and is on a marginal increase of $0.17 in the past week. Although lacking much action and trading around $2,300 for most of the week, on-chain data regarding outflows has revealed the current sentiment among traders. According to data from on-chain analytics company IntoTheBlock, $500 million worth of ETH […]
In a significant crackdown on crypto-related crime, the U.S. Department of Justice announced charges against Aliaksandr Klimenka, a 42-year-old Belarusian and Cyprus national. Unsealed indictments reveal Klimenka’s alleged involvement in a money laundering conspiracy and the operation of BTC-e, an unlicensed digital currency exchange, alongside Alexander Vinnik and other associates from 2011 to July 2017. […]
The Ethereum Foundation will find itself under legal scrutiny over its alleged involvement in the 2016 Gatecoin hack soon. The revelations, put forward by on-chain forensic analyst TruthLabs (@BoringSleuth on X, formerly Twitter), have sparked intense discussions and are now leading to an independent legal investigation. Ethereum Foundation’s Involvement Will Be Legally Investigated TruthLabs conveyed […]
Vitalik Buterin, co-founder of the Ethereum network, made some interesting comments during a recent interview. One of them was his revelation of the worst thing that usually happens on the Ethereum network. Vitalik mentioned that the worst thing that happens on Ethereum is when people lose money. It is, however, worth mentioning that this particular […]