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Ethzilla Stock Tanks 15% After DAT Dumps a Quarter of its ETH Stash

Ethzilla stock (ETHZ) tanked 15% on Tuesday following the company’s decision to sell $74.5 million worth of Ethereum to repay debts. Shares slid from just over $6 to an intraday low of $5.12. They were hovering around $5.35 during after-hours trading, according to Google Finance. Ethzilla has lost 21% in share value since the opening of […]

Ethereum Stablecoin Shift: B2B Volume Jumps 156%, P2B Payments Up 167%

Ethereum-based stablecoin transfers are changing shape, with new data showing that businesses and merchants now move far more value on-chain than individuals. The findings point to Ethereum quietly becoming a settlement layer for corporate payments and consumer spending, rather than just peer transfers. And while most stablecoin transactions, by count, still happen between individuals, the […]

Solana ETFs Surge to $750M as Investors Largely Ignore Volatility

Spot Solana exchange-traded funds (ETFs) have continued to attract investor interest since their launch in the United States on October 28. According to data, spot Solana ETFs have posted $750.10 million in cumulative net inflows as of December 22, with outflows recorded on only three trading days since launch. All of those outflows were relatively […]

Tom Lee’s Bitmine Adds 98,852 ETH in a Week, Now Holds 3.37% of Supply

Bitmine Immersion Technologies announced that its combined crypto holdings, total cash, and “moonshots” investments are worth around $13.2 billion. The company’s ETH stash has increased to 4.07 million, along with 193 BTC. Aggressive Weekly ETH Purchases According to the official press release, Bitmine also reported a $32 million stake in Eightco Holdings, which has been categorized […]

Ethereum Leads the Charge as Investors Pull $555 Million Amid Clarity Act Uncertainty

For the first time in a month, digital asset investment products saw money flowing out as total outflows reached $952 million. According to CoinShares, this pullback happened because investors reacted negatively to postponements around the US Clarity Act. These delays have extended uncertainty about how cryptocurrencies will be regulated in the US. At the same […]

Binance Hits 300M Registered Accounts 8 Years After Launch – Key Drivers Behind the Growth

The leading crypto exchange, Binance, has surpassed 300 million registered accounts eight years after its July 2017 launch. The exchange’s growth is attributed to effective liquidity management and fast asset listings. It also benefited from stablecoin markets and strategies that appeal to both retail and institutional participants. From the start, Binance lowered barriers for global […]

Binance Blacklists Fake Listing Agents, Offers $5M Bounty for Fraud Tips

Binance has publicly identified and blacklisted several individuals and companies for pretending to be official “listing agents,” offering bounties as high as $5 million for information that helps stop this fraud. The direct strike against a long-running scam aims to protect crypto projects from paying large fees for false promises of getting tokens listed on […]