Ethereum co-founder Vitalik Buterin has said that many new Layer 2 (L2) networks are repeating shallow design patterns, and warned that generic EVM chains with optimistic bridges are holding back meaningful progress. His comments extend the public debate over whether today’s L2 ecosystem still aligns with Ethereum’s original scaling goals. No More “Copypasta” EVM Chains […]
Around 34,000 Bitcoin options contracts will expire on Friday, Feb. 6, with a notional value of roughly $2.1 billion. This event is much smaller than last week’s end-of-month expiry. Crypto markets have collapsed into bear market territory, losing around $686 billion since the start of the week, as sentiment plunges and both retail and institutional […]
The decentralized finance (DeFi) blockchain network, Flare, has unveiled first-of-its-kind modular lending markets for XRP, introducing permissionless lending for the cryptocurrency. According to a press release shared with CryptoPotato, the deployment features a partnership with the modular lending protocol, Morpho. Additionally, Flare is also joining forces with Mystic, a platform for curating lending markets across […]
In times of heightened uncertainty, rapidly evolving geopolitical situations, and volatility in the US government, investors have shown markedly different behavior toward the spot crypto ETFs. While those with exposure to the world’s largest cryptocurrency have been consistently pulling funds out of them, the XRP alternatives actually outperformed their counterparts with a strong daily net […]
BitRiver, Russia’s largest Bitcoin miner, is on the verge of collapse amid mounting financial and legal problems. Courts have placed its parent company, Fox Group of Companies, under observation as debts and unpaid obligations pile up. One of the disputes driving the court action involves Infrastructure of Siberia. The company is seeking more than $9 […]
Bitcoin prices tanked to around $73,000 in late trading on Tuesday, its lowest level since November 2024. The fall is significant because it dropped below April 2025 support levels, which were around $74,500, confirming bear market territory. “Negative momentum is currently extreme as the bear market persists following the October 10 flash crash,” reported Swissblock. The […]
Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, has stated that the cryptocurrency market has been in a full-blown “crypto winter” since January 2025. The exec said that signs suggest the downturn may be closer to ending than beginning. Positive News Isn’t Driving Prices In a recent post titled “The Depths of Crypto Winter,” Hougan explained that, […]
Investors pulled $1.7 billion from digital asset investment products this past week. This has reversed year-to-date gains and left a net $1 billion outflow globally. CoinShares stated that the decline reflects weaker investor confidence, influenced by a more hawkish US Federal Reserve Chair, continued selling by crypto whales linked to the four-year cycle, and rising […]
“FUD has taken over social media,” following Bitcoin’s 16% fall over the past week, said blockchain analytics firm Santiment on Monday. The crash was “a result of retail selling their bags,” it stated before adding that “this is more proof that markets move in the opposite direction of the crowd’s narratives.” “Negative posts about crypto […]
Blockstream CEO Adam Back responded to renewed attention around the company after newly unsealed Jeffrey Epstein documents emerged as part of a large US Department of Justice disclosure. In a public clarification, Back said Blockstream has no ongoing or historical financial relationship with the convicted sex offender. Blockstream Says No Epstein Ties Back asserted that […]