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Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its price was still under $30,000. Founders Fund’s Renewed Interest in Crypto In the latter half … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, is inching closer to the $2,500 threshold, currently hovering around $2,450. Notably, over 1.35 million ETH, equivalent to approximately $3.33 billion, have been restaked into the eigenlayer. In a recent move, Justin Sun, the founder of Tron, unwrapped 94.5K WSTETH from Lido and promptly deposited it into Eigenlayer, … Read more
Despite a slight recovery, Ethereum price has been marked by significant sell-offs in the past 24 hours, with the token currently trading above the $2300 mark. In a notable transaction, a large whale identified as 0x6f6…1723d initiated a sell-off of $WBTC and $ETH amounting to US$7.14 million. The whale withdrew 33.6 WBTC and 2,500 ETH … Read more
In a surprising turn of events, approximately 4% of Tether’s available supply has returned to exchanges within just five weeks. This movement contrasts with the ongoing trend of Ethereum and Bitcoin supplies moving off exchanges following the adoption of the ETF. 📊 As #Bitcoin’s & #Ethereum’s respective supplies have continued moving off exchanges after the … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, has surged past the $2250 mark, currently trading at $2266 with a 2% increase over the past 24 hours. This upward momentum comes despite recent reports indicating significant deposits by Celsius and FTX to centralized exchanges (CEXs). Spotonchain’s on-chain reports reveal that Celsius and FTX collectively transferred $59.06 … Read more
Today, Ethereum ($ETH), the world’s second-largest cryptocurrency, experienced a modest gain of 0.7% as it grappled with breaking out from the $2200 zone. Despite ongoing efforts, ETH continues to face resistance at this critical price level. In recent developments, Grayscale Investments’ bid to transform its Ethereum trust product (ETHE) into an exchange-traded fund (ETF) was … Read more
Cardano (ADA) continues to stand out in the cryptocurrency space, showcasing significant growth and development. Recent data from Santiment highlights a substantial increase in ADA’s development activity, reinforcing its position as a platform witnessing ongoing project launches and advancements. Last week, Cardano saw a notable surge in the number of contributors engaging in its development … Read more
The cryptocurrency market is abuzz with discussions surrounding SatoshiVM (SAVM), a newcomer that has quickly made waves since entering the scene on January 19, 2024. Within a short span, SAVM has witnessed an impressive 20% increase in its value, capturing the interest of traders and enthusiasts. However, recent developments have introduced a degree of uncertainty … Read more
As cryptocurrency markets experience a dip today, Ethereum (ETH), the second-largest cryptocurrency, has seen a decline of over 4%, currently trading around $2,541. Despite this downturn, recent on-chain data from Spotonchain highlights significant activity involving an Ethereum whale. An Ethereum whale recently executed a substantial move, transferring approximately 12,070 ETH to Coinbase, one of the … Read more
The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May. Go to Source