Whale Misses the Mark: Ethereum Sale Costs Trader $2.67 Million
In April, an anonymous crypto trader sold 2,522 ETH for $3.96 million at a price of $1,570. On May 22, he repurchased 1,425 ETH at $2,670 per coin, spending $3.8 million.
Whale Misses the Mark: Ethereum Sale Costs Trader $2.67 Million
In April, an anonymous crypto trader sold 2,522 ETH for $3.96 million at a price of $1,570. On May 22, he repurchased 1,425 ETH at $2,670 per coin, spending $3.8 million.
Major Traders Bet Over $7 Million on Ethereum Reaching $6000
Institutional and other major players have wagered on a significant rise in the second-largest cryptocurrency by market capitalization, according to observations shared by CoinDesk analyst Omkar Godbole.
Vitalik Buterin Proposes Reducing Node State Size
Scaling Ethereum should enhance performance without compromising the usability of personal nodes, believes network co-founder Vitalik Buterin. In a new essay, he offered relevant recommendations. These include the implementation of: EIP-4444; distributed history storage; stateless verification synchronization; light nodes with “partial state” (partially stateless nodes). According to Buterin, the full deployment of EIP-4444 will reduce […]
Fusaka upgrade: what it means for Ethereum’s future
The second-largest cryptocurrency has finally stirred after a prolonged slump, particularly visible in the ETH/BTC pair. Despite a recent outperformance rally, ether still trades nearly 50% below its all-time high of ~$4900 set in November 2021. Rising competition from DeFi ecosystems on Solana, BNB Chain and, paradoxically, Ethereum’s own layer-2 (L2) solutions is taking its […]
Ethereum Developer Compares 51% Attack Costs on Bitcoin and Ethereum
A 51% attack on Bitcoin would cost approximately $10 billion, significantly less than the amount needed to compromise the Ethereum network. This was stated by leading Ethereum developer Justin Drake in an interview with Cointelegraph. The figure he mentioned aligns closely with the estimate by Etherealize co-founder Grant Hammer, who calculated that $8 billion would […]
Over 11,000 Smart Wallets Authorized Post-Pectra Upgrade on Ethereum Network
A week after the significant Pectra upgrade, the number of smart account authorizations in line with EIP-7702 has surpassed 11,000. This indicates a strong interest in the new features from exchanges, wallets, and dapps.
Experts See No Immediate Signs of Bitcoin Whale Sell-Off
Currently, the Binary CDD metric has not reached critical levels that historically coincided with the onset of profit-taking waves by long-term investors, as noted by CryptoQuant. This indicator tracks the “holding time” spent in the market when owners of “old supply” engage in large-scale transactions. If Binary CDD rises amid reaching ATH, it may indicate […]
Ethereum Unveils ‘Trillion Dollar Security’ Initiative
The Ethereum Foundation has introduced the Trillion Dollar Security project, described as an “ecosystem-wide effort to enhance Ethereum’s security to transition the world onto the blockchain.” 0. Announcing the Trillion Dollar Security (1TS) initiative: an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain. — Ethereum Foundation (@ethereumfndn) May 14, 2025 The […]
Bernstein Identifies Three Catalysts for Ethereum’s Rally
Analysts at Bernstein have pinpointed three primary factors that have driven Ethereum’s approximately 60% surge over the past month, according to The Block. The brokerage firm’s experts noted that the ETH/BTC pair ratio has dropped by 45% over the past year, as Bitcoin has dominated as a store of value and a corporate reserve asset. […]
How trade wars are shaping bitcoin and Ethereum
In a conversation with ForkLog, experts discussed the consequences of US trade wars for the crypto market and outlined its likely trajectory. Ethereum has outpaced bitcoin by growth rate, yet remains undervalued. Investors are returning to risk assets, particularly the technology sector, which had been under pressure from trade disputes. So said trader and Coen+ […]
BIS Reports on Cryptocurrency’s Role in Global Trade
At its peak in 2021, Bitcoin, Ethereum, USDT, and USDC accounted for $2.8 trillion, or 12% of global merchandise trade. These estimates were provided by analysts at the Bank for International Settlements (BIS). Source: BIS. Data from 184 countries covered the period from the first quarter of 2017 to the second quarter of 2024. Approximately […]
Lido Stakers Granted Power to Block DAO Decisions
Developers of the liquid staking platform Lido Finance have announced the LIP-28 Dual Governance update, enabling stETH holders to delay and block DAO decisions. Dual Governance: Coming Soon Years in the making, Lido DAO contributors are proud to present an outline for the upcoming release of Dual Governance featuring design & code choices, parameters, deployment […]We use cookies to improve the quality of our service.
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