Institutional accumulation of Ethereum has been high in recent times, with one unknown party buying up close to $1 billion worth of ETH tokens. The price increase of the cryptocurrency has pushed its market cap above that of the conventional financial giant Mastercard, an achievement that is a significant milestone
Former BitMEX co-founder and well-known crypto figure Arthur Hayes has made a sharp reversal in his Ethereum (ETH) strategy, buying back into the market at a higher price only a week after selling his holdings. Last week, Hayes sold 2,373 ETH for about 8.32 million dollars at an average selling
Ethereum (ETH), XRP, and BlockDAG are drawing strong attention this week, though each is charting a different path. ETH is contending with firm resistance at $3,800, signaling a pause in upward drive as short-term traders watch for decisive moves. XRP is hovering above $3.00 after a rare one-minute $33 million
As of August 9, the crypto market is attempting to reclaim the lost momentum with a spike of over 1.78%. Most assets are trading in the green. The largest asset, Bitcoin, is hovering at $117.1K. Meanwhile, the largest altcoin, Ethereum (ETH), has witnessed steady upside movement. ETH’s recent recovery endeavours
The potent bearish trap set within the crypto market has pushed the assets into the red zone. The prices have lost momentum and slipped back to recent lows. With the Fear and Greed Index value holding at 52, the neutral sentiment is lingering across the market. However, the largest altcoin,
Vitalik Buterin, co-founder of Ethereum, and Anders Elowsson, developer, have proposed EIP-7999 to simplify the fee structure for Ethereum transactions. The proposal, which was released on Tuesday, aims to create a cohesive multidimensional fee market where users may choose a single maximum fee for all resources. If approved, the proposal will make it
SharpLink, a digital asset company, just dropped $264.5 million on Ether, scooping up 83,562 ETH between July 28 and August 3 at about $3,634 a pop. That brings their total stash to 521,939 ETH, worth close to $2 billion. They’re staking all of it, earning rewards through Ethereum’s proof-of-stake system,
LYNO AI is a leader in providing decentralized finance innovations, and its cross-chain arbitrage engine, which is powered by AI, is now accessible via its presale on the Ethereum network. The project is already receiving a lot of interest among institutional and retail investors and is becoming one of the
SharpLink Gaming has made another major move in its crypto investment strategy by purchasing over $100 million worth of Ethereum. This strategic acquisition, made during a downturn in the cryptocurrency market, could help reduce the average cost of the company’s significant ETH holdings. According to Arkham Intelligence, the Ethereum wallet
The 3.29% slip in the crypto space has pulled the market cap down to $3.76 trillion. The neutral sentiment lingers in the market, with the Fear and Greed Index value holding at 57. All the major assets are charted in red, falling to their recent lows. Meanwhile, the largest altcoin,
