Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding...
Ethereum
Tom Lee Declares Crypto Spring as Bitmine Buys $238M ETH
TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The...
Bitcoin retests $80K as ETF inflows and dominance surge
Bitcoin knocked on the $80K door over the weekend, got briefly turned away, then showed up again Monday morning with...
Ethereum Dip Warning: On-Chain Data and Technical Signals Point to More Downside Ahead
TLDR: Ethereum Exchange Supply Ratio has dropped to low levels, but price has not formed a matching bottom yet. Historical...
Ethereum Gas Limit to Triple After Glamsterdam Upgrade, Fees Could Stay Near Zero for Years
TLDR: Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade. L1 execution capacity will...
Ethereum Price Structure Tightens as Key Support Near $2,300 Holds
TLDR: Ethereum price structure shows strong compression between the $2,200 support and the $4,800 resistance zone. Monthly chart trendline support...
Nexo expands 0% credit to SOL, XRP, becoming first mover in crypto
Nexo adds SOL, XRP to its 0% APR crypto-backed credit product. ZiC lets users borrow at 0% interest with no...
SBI Group, Visa Launch Crypto Card With up to 10% BTC, ETH, XRP Promo Rewards
Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency ( BTC, ETH, or...
Big Tech earnings fuel a broad risk rally, and crypto caught the wave
Five companies worth a combined $13 trillion all beat expectations in the same week. The market responded accordingly. Apple, Alphabet,...
Bitmine Stakes $508M ETH in One Day, Now Controls 10.5% of Ethereum’s Total Staked Supply
TLDR: Bitmine staked $508.4M worth of ETH in a single day through six large transfers via Coinbase Prime. The firm...
Ondo price forecast: bulls target multi-month resistance at $0.30
Ondo price hovers around $0.26 after bouncing off crucial support. Ondo leads tokenized stocks, ETFs with over $825M TVL peak....
Coinbase Introduces CUSHY Strategy to Bring Institutional Credit Onchain
Key Takeaways: Coinbase Asset Management launched CUSHY to expand tokenized credit access for qualified investors. Institutions can access tokenized shares...
Bitcoin stuck below $80K as options wall builds overhead
Bitcoin is sitting at roughly $76K, nursing its wounds after a week that saw more than $500M in leveraged long...
Crypto Funds Pull in $1.2B as Bitcoin Rally Revives Institutional Demand
Institutional demand pushed crypto funds higher, but caution lingers as markets looked toward the April FOMC decision for direction....
Ethereum Pulls $1B in Buy Volume on Binance as ETH Drops Below $2,300 Amid Fed Rate Hold
TLDR: Ethereum taker buy volume surpassed $1B on Binance within one hour after ETH dropped below $2,300. OKX recorded nearly...
AAVE could reclaim $100 as focus shifts to rebuilding rsETH collateral
AAVE price consolidates as market awaits recovery clarity. rsETH recovery plan addresses $246M bad debt from the Kelp DAO...
LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M...
PENGU token jumps 14% amid Pudgy Penguins floor price pump
Pudgy Penguins (PENGU) price touched $0.010 amid double-digit gains. The token surged as the Pudgy Penguins floor price pumped. Other...
Aave Outlines Steps to Rebuild rsETH Collateral
Recovered tokens will be sent to a DeFi United multisig wallet, redeemed for ETH, and used to cover the...
Galaxy Digital posts $216 million net loss in Q1 as crypto market falls 20%
Galaxy Digital, the crypto financial services and infrastructure firm led by Mike Novogratz, posted a $216 million net loss for...
Ethereum Price Eyes Breakout: Can ETH Reclaim $2.8K After Foundation Offloads 10K Coins?
TLDR: Ethereum price trades near $2,300 while holding above key $2,000 support during the early recovery phase Ethereum Foundation sold...
Ethereum Bullish Divergence Signals Strong Buyer Demand as ETH Holds Near $2,300
TLDR: Ethereum’s Taker Buy Sell Ratio has reached its highest level since late January 2023 on all exchanges. ETH prices...
