Bookmarking Crypto Insights
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The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the U.S. dollar, and over the preceding two weeks, it has surged 28%. Ether Hits Two-Year … Read more
In a recent analysis conducted by DWF Ventures, a comprehensive overview of the Liquid Restaking (LRT) protocol sheds light on its significant impact within the Ethereum restaking ecosystem. The surge in the Ethereum restaking landscape has fueled the growth of Liquid Restaking (LRTs), enabling users to earn yield while optimizing capital efficiency. This innovative approach … Read more
A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds light on the economic barriers to 51% attacks, challenging previous assumptions about blockchain vulnerability. Unveiling the Cost of Compromise: … Read more
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