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Ethereum Foundation Dissent Dampens ETH Price as Vitalik Asserts Authority

On Jan. 21, Ethereum co-founder Vitalik Buterin firmly asserted his sole authority over Ethereum Foundation leadership decisions, stating that it will remain until reforms establish a “proper board.” “The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a ‘proper board’, but […]

Donald Trump’s Ethereum Buying Spree Does Little for ETH Prices

The Trump family’s decentralized finance project, World Liberty Financial, has been buying more Ethereum recently. According to Lookonchain, the project address spent a total of $48 million in USDC to buy 14,403 ETH at $3,333 per coin over the past 12 hours. The DeFi platform now holds 33,629 ETH worth almost $110 million, which is […]

Ripple (XRP) Claims Top Spot in Prestigious Ranking After Recent Price Rally: Details

TL;DR XRP’s price hit a 7-year high of almost $2.90 amid optimism over its use in banking transactions, ETF speculation, and bullish predictions. Experts forecast the asset could hit $4 and $8 soon, with some projecting its market cap might exceed $500 billion. XRP Makes the Headlines The cryptocurrency sector experienced a substantial revival in […]

Bhutan’s GMC to Recognize Bitcoin, Ether, and BNB in Strategic Reserve

Bhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as part of its strategic reserves. The latest move has made the region one of the first jurisdictions to officially hold digital assets within its reserve portfolio. […]

Bhutan’s GMC to Recognize Bitcoin, Ether, and BNB in Strategic Reserve

Bhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as part of its strategic reserves. The latest move has made the region one of the first jurisdictions to officially hold digital assets within its reserve portfolio. […]

Early 2025 Inflows for Crypto Investment Products Reach $585M in Just 3 Days

In the first three days of this year, digital asset investment products experienced inflows totaling $585 million. However, the full week, including the last two trading days of 2024, recorded net outflows of $75 million. Globally, 2024 concluded with a record-breaking $44.2 billion in inflows. This figure is nearly four times the previous record of […]

USDC Supply Surges 80% from 2023 Lows: Circulation Grows Across Solana, Ethereum Layer 2s

Circle’s USDC has experienced a significant resurgence as its total circulating supply surged by 80% from its 2023 lows. As revealed by Blockwork’s data analytics manager Dan Smith, the stablecoin’s supply has reached nearly $44 billion as of January 2, 2025. The latest figure represents a stark increase from its 2023 low of less than […]

Tron’s Revenue Reaches $2.12 Billion in 2024: Ethereum, Solana Trail Behind

Tron’s (TRX) price reached an all-time high of $0.44 in the first week of December 2024, smashing previous records amid a crypto-wide bull run that gained steam after Donald Trump’s presidential win. TRX’s return to the 10th position by market capitalization has brought a sense of revival to the community, yet its price continues to […]

New Slashing Mechanism in ELIP-002 Enhances Accountability Across EigenLayer Ecosystem

Leading Ethereum’s re-staking protocol, EigenLayer has unveiled its second EigenLayer Improvement Proposal (ELIP-002). The latest move is expected to be a significant step towards accountability and operational efficiency in its ecosystem. EigenLayer Releases ELIP-002 According to the official post, the proposal introduces a penalty mechanism, known as slashing, alongside two innovative concepts: Unique Stake and […]

Ethereum Overtakes Tron as the Leading Network for USDT Supply

Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance. Over the past month, Tether issued $20 billion in USDT on the network, possibly marking it as the go-to blockchain for activity involving the fiat-pegged cryptocurrency. Strategic Expansion Figures shared by the on-chain data platform […]