A prominent crypto whale, identified as 0x7a9 by blockchain analytics firm Spot On Chain. It has acquired a staggering $185.5 million worth of Ethereum (ETH) over the past three days. This substantial accumulation of ETH has fueled discussions about its potential impact on Ethereum’s price trajectory and overall market sentiment. Strategic Acquisition Details The crypto whale’s buying spree involved […]
Coinbase CEO, Brian Armstrong, has fulfilled his commitment to sell a 2% stake in the company. He announced this move on Twitter a year and a half ago. Between November 2022 and November 2023, Armstrong sold approximately 790,000 Coinbase shares, earning nearly $53.2 million. However, current Coinbase stock prices at $164 suggest that his 2% stake […]
Popular Ethereum-based self-custody crypto wallet, MetaMask, has introduced enhanced security alerts for its 30 million users across major blockchains. The alert feature, initially integrated with the Ethereum mainnet in January 2024, now covers Linea, BNB Smart Chain, Polygon, Arbitrum, Optimism, and Avalanche. Rapid User Growth and Mainstream Partnerships MetaMask has experienced significant user growth, surging from 19 […]
MicroStrategy co-founder Michael Saylor is a big believer in Bitcoin and believes that the recently approved spot Bitcoin ETFs will lead to a significant inflow of institutional capital into the Bitcoin ecosystem. Bitcoin: The Superior Store of Value Saylor said that Bitcoin is a “rising tide” that will “lift all boats” and that MicroStrategy’s “levered operating strategy” for Bitcoin positions the […]
Ethereum co-founder Vitalik Buterin has expressed interest in using artificial intelligence (AI) to address one of the network’s biggest challenges: bugs in code. “Right now Ethereum’s biggest technical risk probably is bugs in code,” he said on Twitter. “And anything that could significantly change the game on that would be amazing,” Vitalik Buterin AI-assisted code verification Buterin believes […]
Ethereum’s 2024 is shaping up to be a landmark year, fueled by expanding developer tools, potential regulatory tailwinds, and a key network upgrade. The potential approval of a US-based Ether (ETH) spot exchange-traded fund (ETF) at a value of $2,921 is on the horizon. Additionally, the Ethereum network is expected to enter its first bull […]
• These unlocks typically go to team members, community funds, and development. •Despite upcoming unlocks, some gaming tokens see strong gains (IMX +33%, APE +11%). Several major gaming tokens are poised for significant unlocks in the coming weeks, totaling roughly $175 million. This could impact their market prices. Large Unlocks Ahead for Sandbox, ApeCoin, Immutable, […]
A recent flurry of activity has seen several meme coins experiencing significant price increases, with BONK, PEPE, and Dogwifhat leading the charge. However, experts warn that extreme volatility remains a major risk associated with these assets. BONK Barks Back Solana-based BONK gained 7% in the last 24 hours, currently trading at $0.00001284. This represents a 27% increase from last week […]
Despite positive economic reports, the U.S. faces a looming debt crisis, raising questions about the sustainability of consumer spending, including investments in cryptocurrency. Debt: A Growing Concern Despite the positive reports, public debt stands at a historic $34 trillion, with consumer credit card debt reaching $1.13 trillion. “National debt, if it is not excessive, will […]
The sentencing date for Binance founder and former CEO Changpeng “CZ” Zhao has been rescheduled to April 30, as per a filing in a Seattle Federal Court on Feb. 12. Originally set for Feb. 23, Zhao faces an 18-month prison term on money laundering charges. Potential Harsher Punishment Looms A November 24 filing by the […]