Latest Updates Around The World
A relatively unknown crypto trader made $7 million shorting ETH, while major investors suffered huge losses. An anonymous trader known only as 0x58bro has amassed $7 million in unrealized profits by shorting Ethereum (ETH) and a handful of other cryptocurrencies, according to data from on-chain intelligence platform Arkham. What’s remarkable about their success is that […]
Demand for Ethereum staking has skyrocketed despite the asset price plunging back to bear market lows. Ethereum’s proof-of-stake contract address now holds more than half of Ether’s supply “for the first time in the coin’s 11-year history,” on-chain analytics provider Santiment reported Wednesday. This seems somewhat misleading, as there are currently approximately 37 million ETH […]
Four consecutive weeks of crypto fund outflows reached $3.74 billion, but altcoins are outperforming as US investors withdraw from the market. Investment products linked to digital assets saw outflows for the fourth week in a row, recording $173 million and pushing cumulative losses to $3.74 billion in four weeks. Early in the week, inflows reached […]
Tom Lee’s BitMine added 40,000 ETH during the dip, wiping out $7.8 billion in losses as Ethereum neared a low. BitMine, the Ethereum-focused treasury chaired by Fundstrat’s Tom Lee, bought about $83 million worth of ETH on Monday, with existing holdings deeply in the red. The purchases came during another volatile session for Ethereum, with […]
On-chain data shows ETH transfers soar to 2.75 million as holders rush to stablecoins and exchanges amid a sharp decline. Ethereum (ETH) has seen a notable increase in on-chain token transfers this week, as its price fell from around $3,000 to nearly $2,000, with activity reaching levels last seen in August 2025, according to data […]
Bitcoin climbed back above $70,000 on Friday after earlier falling to a 16-month low, lifted by a sharp recovery in technology stocks and precious metals after a global rout that hit a wide range of risk assets. The world’s largest cryptocurrency last rose more than 11% to $70,231, rising to $71,464.96 and reversing losses that […]
Vitalik Buterin sold over 6,100 ETH as prices fell below $2,000, adding to the heavy whale-induced selling pressure. Ethereum co-founder Vitalik Buterin has sold thousands of ETH in recent days as the token fell below $2,000, according to on-chain data shared by Lookonchain. The selling came amid a broader wave of deleveraging by major companies, […]
Vitalik Buterin warns that copy-paste Layer 2s and generic EVM chains will hinder Ethereum’s longer-term scaling vision. Ethereum co-founder Vitalik Buterin has said that many new Layer 2 (L2) networks repeat superficial design patterns, and warned that generic EVM chains with optimistic bridges are holding back meaningful progress. His comments expand the public debate over […]
Buterin argued that many Layer 2 systems no longer meaningfully inherit Ethereum security. Ethereum co-founder Vitalik Buterin said that recent developments mean that the original conception of Layer 2 scaling within the ETH ecosystem is no longer viable. He said progress on many L2 networks is lagging behind previous expectations, while the mainnet continues to […]
Short Bitcoin funds attracted $14.5 million in inflows as investors hedged against falling prices. Investors pulled $1.7 billion from digital asset investment products last week. This has reversed gains since the start of the year and led to net outflows of $1 billion globally. CoinShares said the decline reflects weaker investor confidence driven by a […]
