The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.
User deposits on decentralized privacy protocol Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol’s back end, according to a Medium post by community member Gas404.
In a document dump of emails, Bitcoin’s pseudonymous creator foresaw many of the biggest trends driving the development of the first cryptocurrency.
“There are possibilities to solidify the treasury at low risk,” pseudonymous JPEG’d contributor 0xTutti told CoinDesk.
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgrade.
In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock’s spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the growing demand for Bitcoin investment products and highlights the increasing acceptance of Bitcoin within traditional finance. MILESTONE $IBIT has traded $1b worth of […]
In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock’s spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the growing demand for Bitcoin investment products and highlights the increasing acceptance of Bitcoin within traditional finance. MILESTONE $IBIT has traded $1b worth of […]