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Bitcoin’s Plunge Below $100K Wipes Out a Single Whale for $100M

After the quiet weekend, in which BTC stood primarily around $105,000, the asset’s price movements have turned sour, and it slumped to a weekly low of under $100,000. The altcoins have bled out even more heavily, with massive price declines from the likes of DOGE, XRP, ADA, SOL, and many others. BTCUSD. Source: TradingView Similar […]

Ethereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees

Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. Ethereum Maintains Fee Dominance Despite […]

Ethereum Launches New Venture to Boost Institutional Adoption of ETH

Ethereum, the world’s largest blockchain by total value locked, has launched a new initiative called Etherealize, which Wall Street veteran Vivek Raman will helm. The project is designed to promote the network to institutional investors and expand its presence in traditional financial markets. The Company’s Goals According to a statement on X, Etherealize aims to […]

TRUMP Spot Trading Volume Hits $38B Across Exchanges Within 5 Days: CryptoQuant

The official meme coin of United States President Donald Trump has been a roaring success since its launch five days ago, witnessing high trading activity and investor participation. Data analyzed by the on-chain intelligence firm CryptoQuant now shows that Official Trump (TRUMP) has recorded roughly $38 billion in total trading volume across centralized crypto exchanges […]

Ethereum Achieves 17x Scaling with Layer 2, but Challenges Persist, Says Buterin

Layer 2 protocols have played a critical role in scaling the Ethereum network. The blockchain’s co-founder Vitalik Buterin noted that Layer 2s in 2025 represents a significant evolution from their experimental beginnings in 2019, having achieved certain decentralization milestones, secured billions of dollars in value, and scaled Ethereum’s transaction capacity by 17-fold, all while simultaneously […]

Crypto Czar Classifies NFTs and Meme Coins as Collectibles

David Sacks has introduced a new perspective on non-fungible tokens (NFTs) and meme coins, describing them as a distinct class of digital assets. In an interview with Fox Business, the AI and crypto czar spoke on the growing complexity of classifying digital assets, categorizing the two as collectibles. Digital Asset Classification “When you talk about […]

Elizabeth Warren Requests Federal Investigation into Trump Family Meme Coins

Senator Elizabeth Warren, ranking member of the House Banking Committee, is asking federal agencies to investigate whether President Donald Trump’s recent launch of a meme coin violated ethical or regulatory standards. The Massachusetts lawmaker, alongside Representative Jake Auchincloss, directed the request to the heads of the U.S. Office of Government Ethics (OGE), the Treasury Department, […]

TORN Enjoys Uptick After Court Overturns Tornado Cash Sanctions

TORN, the native token of beleaguered crypto mixer Tornado Cash, enjoyed a brief renaissance over the last two days following news that a court had overturned sanctions imposed on the platform by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). Initially trading around the $9.50 level on January 22, the token skyrocketed 140% […]

Binance Founder Changpeng Zhao: US Bitcoin Reserve ‘Pretty Much Confirmed’

Sen. Cynthia Lummis (R-WY) chairs the US Senate panel on crypto assets. She has promised some big changes in government policy for the sector. A Bitcoin sovereign wealth fund Republicans are calling a “strategic national reserve” is only one of Lummis’ promises for blockchain. But markets are thrilling with bullish activity on that prospect alone. […]