Ethereum’s latest retreat, a 13% drop from recent highs, marks its first weekly loss in over a month, breaking a steady uptrend that saw ETH testing multi-week highs. The correction, which briefly dragged prices below $3,400, has sparked debate: Is this a pause before a breakout, or the start of a more profound decline? A…
Base creator Jesse Pollak is calling on crypto funds to seize a “no-brainer” opportunity to take a $5 million+ long position in a diversified index of on-chain creator coins. The interest comes amid growing interest in the on-chain economy at both institutional and political levels. On-Chain Creator Coins as a New Investment Frontier Jesse Pollak’s…
Anatoly Yakovenko ignited a wave of backlash across crypto Twitter, opening a heated debate about the role of communities. While the conversation was nowhere close to Web3, a single comment from the Solana executive attracted a long chain of criticism. Base and Solana Execs Disagree on Communities The controversy began when Yakovenko replied to a…
Asset management firm Ark Invest has expanded its stock holdings of US-based centralized exchange Coinbase and blockchain technology company Bitmine. This $47 million purchase of crypto-related stocks came on Friday, August 1, following the dip in the US equities market due to weak economic data and newly adjusted tariff policies. Ark Invest Renews Interest In…
A Canadian teen has been sentenced for a $37 million Bitcoin (BTC) heist and the hacking of several X accounts. This follows on-chain sleuth ZachXBT’s calls for stricter penalties against SIM swapping and social engineering fraudsters. Suspect’s Sentence ZachXBT revealed via a July 29 X post that Cameron Redman had been convicted and ordered to…
The crypto market is on the back foot after Bitcoin retreats below the $113K threshold, losing over 21% in trading volume over the past 24 hours. The community sentiment is also pushing into the bear zone as the Fear and Greed Index retreats to neutral. Despite the looming trend, one Bitfinex whale decided this is…
SharpLink bought the dip and added another $100M-worth of $ETH to its Ethereum treasury. Arkham pointed out that the address that moved the $ETH already bought another $800M previously for SharpLink Gaming, with the latest transaction of $108.6M going to Galaxy Digital OTC. Data from Strategic ETH Reserve places SharpLink Gaming second on the list…
After soaring to a record high of $123,217 in mid-July, Bitcoin has hit a bit of turbulence as we step into August. The world’s leading cryptocurrency has dropped around 2% since the start of the month – and is now down roughly 12% from its all-time high. This pullback has understandably sparked some investor anxiety,…
$ETH dropped 6% in the last 24 hours after touching on its target of $3.800, but crypto analysts still predict a new ATH soon. According to a Glassnode report, $ETH owes its 6% contraction to long-term holders withdrawing their gains mid-rally. As the report states: ‘Glassnode’s Net Unrealized Profit/Loss (NUPL) metric shows that Ethereum investor…
Elon Musk is raising new questions about Bitcoin’s long-term safety in the face of rapid advances in quantum computing. The Tesla and SpaceX CEO turned to his AI chatbot, Grok, to find out how likely it is that Bitcoin’s SHA-256 hashing algorithm could be cracked by powerful quantum machines. His question came just as IBM…