The co-founder of Ethereum, Vitalik Buterin, has opposed what he mentioned as a lack of originality in the recent layer-2 and blockchain scaling landscape. As per a blog post released on February 5, Buterin mentioned that the ecosystem has now become more comfortable with rolling out similar EVM-based chains that
Most tokens are trading down today as the entire crypto market is in a bloodbath, while Tron acquired TRX tokens to increase its treasury holdings as it aims to further grow its Tron DAT holdings and boost long-term shareholder value. Also, Tron Inc’s strategic buy was supported by Justin Sun,
Spot Bitcoin exchange-traded funds saw net outflows of $545 million on the second consecutive day of withdrawals, indicating a significant change in institutional sentiment. Large investors have shown a reduction in exposure to Bitcoin while it was in a volatile market. The outflows indicate a cooling-off period for institutional investment,
Ripple’s XRP extended its decline this week with the price slipped below the $1.50 level for the first time since November 2024 as broader crypto markets came under pressure. Right now, XRP is trading $1.36 (continuously down), with a 24-hour drop of about 15% and a 24-hour range between roughly
Payy has launched a new privacy-focused Layer-2 network built on Ethereum, which makes the everyday crypto transfers invisible to the public by default while still running on popular wallets like MetaMask. On the public blockchains wallets transactions and balances are visible, and this can be tracked, which leads to the
Silver and BTC prices have declined over the last 24 hours. While there are several factors that could have triggered this downturn, some part of it is attributed to Kevin Warsh, the next US Fed Chair. The sentiment, in an extension, reflects in the outflows from Spot ETFs as well.
Binance denied any connection to a viral cease-and-desist letter related to allegations of insolvency and bankruptcy. These rumors were spreading around the social media platforms. The exchange explained that the viral document was a forgery circulating on social media platforms. The rumors about the financial stability of Binance started when
The price of Zcash slipped for the 8th consecutive day, going down around 40% in the period. At the time of writing, Zcash was trading at $245, and the price of the token is 53% lower than in the last month and around 65% lower than its November high, which
Bitcoin price action saw a significant change as the Coinbase Premium Gap, an important metric of institutional demand, dropped to one of its lowest points this year, as highlighted by recent analysis from CryptoQuant. The Premium Gap measures the difference in price between Bitcoin transactions on Coinbase Pro, which is
The market-wide red light is not in the mood to lose voltage. As hours pass by, the bearish hold tightens, and the momentum of the crypto assets is weakening. The broader market sentiment is extreme fear, which brings caution across the tokens. Bitcoin (BTC) and Ethereum (ETH) are currently trading
