The world’s number one and two leading cryptocurrencies by market capitalization, daily transaction volume, and crypto exchange volume have almost perfectly tied for ROI from Jan. 1 through the middle of June. For comparison, the S&P 500 Index notched up nearly 15% over that same period. But that’s more than the broad stock market benchmark […]
With spot Ethereum ETFs on the horizon in the United States, should existing Bitcoin ETF holders split their crypto holdings into ETH? In a Twitter thread on Thursday, Bitwise CIO Matt Hougan offered three reasons for why this might be a good idea. Why Bitcoin Holders Should Buy Ethereum The first, Hougan wrote, is for […]
A cryptocurrency investor based in London has lost almost all his digital asset investments to armed robbers following a physical attack in his home. An X post by the victim, pseudonymously named Ram, revealed that the three thieves were armed with machetes and forced him to transfer all his crypto to certain accounts. Investor Loses […]
Ethereum generated the most fees among the top twenty protocols over the past 30 days with around $180 million, according to new data from Token Terminal. On June 17, the crypto analytics platform reported that Ethereum was way ahead of other blockchains, which were dominated by layer-1 chains and DeFi protocols, with only one layer-2 […]
KuCoin exchange’s research arm released a report on cryptocurrency performance in May, noting $1 billion in new investments – a slight decrease from April. The report highlighted that institutional investors predominantly favored Ethereum and EVM-focused platforms during this period. $1 Billion in Investment Earlier this week, KuCoin Research published a report indicating that in May […]
TL;DR Ethereum (ETH) has declined to around $3,500, but analysts predict potential new all-time highs due to positive technical indicators. Metrics such as negative exchange netflow and a low RSI suggest reduced selling pressure and possible price recovery. Is It Time for a Resurgence? The price of Ethereum (ETH), similar to many other cryptocurrencies, plunged […]
Coinbase saw the largest Ethereum outflow of the year, totaling over 336,000 ETH, worth more than $1 billion on June 12th. This marks the fifth instance in 2024 where over 150,000 ETH has been pulled from the crypto exchange in a single day. It is still unknown as to who is behind such a massive transfer […]
Matter Labs, the creators of ZKsync, announced on Tuesday that a community airdrop for their new ZK tokens will start next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to about 695,232 eligible wallets. ZK Airdrop Coming Next Week In the release, […]
On Sunday, Loopring, an Ethereum zero-knowledge roll-up protocol, announced a significant security vulnerability attack on its smart wallets, linked to the Loopring Official Guardian. The project is collaborating with security and law enforcement agencies to investigate how the two-factor authentication system was compromised and to track down the cybercriminals. Loopring Official Guardian Exposed In a […]
Ethereum (ETH) will reach a price of $22,000 within six years thanks to ETF approvals, scaling improvements, and healthy on-chain progress, according to VanEck. In a Wednesday report, the $89.5 billion asset manager said the network’s TradFi market share growth and dominance among smart contract platforms creates “a credible path to $66B in free cash […]