At the time of writing, Ethereum (ETH) is trading at $2,676, reflecting a 3.10% increase over the past 24 hours. This surge is accompanied by a robust trading volume of $15 billion, marking a significant 46.85% uptick. In the institutional space, US spot ETH ETFs recorded a daily net inflow
A Satoshi-era Bitcoin whale who has a history of holding early Bitcoin where the entire crypto started, has recently revealed what three altcoins he prefers for the long term, and it is surprisingly not including Ethereum. Rather, this whale’s portfolio is concentrated on Rexas Finance (RXS), Toncoin (TON), and Solana
Ethereum itself is witnessing a bullish trend, with large wallet transfers and increased trading volumes. As of September 19, the US Spot Ethereum ETF has shown significant movement, with a daily net inflow of $5.24 million, primarily from Blackrock’s ETHA, which recorded the entire inflow. The ETF now boasts total
When news spread about the Banana Gun Hack and how user wallets were compromised, it sent shockwaves across the crypto world. A security compromise occurred at the Banana Gun trading bot on Telegram, leading to the loss of almost $1.4 million, or 563 ETH. Despite the scale of the hack,
Commerzbank, Germany’s second-largest bank by branches, has partnered with Crypto Finance, a subsidiary of Germany’s largest stock exchange operator, to provide crypto trading services for its corporate clients. According to the announcement, this move will initially focus on Bitcoin (BTC) and Ethereum (ETH), allowing businesses to easily and securely engage
In the ecosystem of cryptocurrency, the notion of various tokens making frenzied movements in price at the presale phases is revered. The latest Ethereum presale token which is priced below $0.10 has attracted the attention of crypto whales indeed. However, as is common with dynamic assets, the excitement surrounding them
The multi-strategy cryptocurrency investment company Cypher Capital has revealed that it is a part of a $15 million initial fundraising round for Hemi Labs, a modular blockchain network that unifies Ethereum and Bitcoin. Using funds from Cypher Capital, Hemi Labs will utilize the funding to develop and introduce the Hemi Network, advancing blockchain technology
At Token2049 in Singapore, Ethereum co-founder Vitalik Buterin emphasized Ethereum’s progress, notably highlighting reduced transaction fees and enhanced scalability through layer-2 (L2) networks. He celebrated the significant decrease in fees on L2s like Optimism and Arbitrum, which now stand at “basically zero,” a vital development for mainstream adoption. “From being
Google Cloud has launched an Ethereum-compatible RPC service, enabling developers to build and scale blockchain applications on its platform. The service offers Ethereum developers a scalable infrastructure to deploy decentralized applications (dApps). RPC, or remote procedure call, is a crucial component of blockchain networks. Moreover, It allows developers to communicate
Ethereum has long been a heavyweight in the cryptocurrency market, but it’s currently facing some challenges. Prices are having a hard time climbing past $2,800, and over the past week, Ethereum’s value has fallen by 6%, even after recovering slightly from lows between $2,400 and $2,500. Trading volumes have leveled
