ETH targets $5K: Meanwhile, $152 million worth of traders' positions are liquidated
Ethereum continues to grow and set record after record. August 8 the maximum number of coins was in circulation — more than 121 million ETH. Moreover, 97% of the network’s addresses are currently in the profit zone. That is, the average cost of purchasing coins by these addresses is lower than the current market rate of $4,452.
BitMEX co-founder Arthur Hayes sold millions worth of cryptocurrencies in anticipation of BTC and ETH fall
Back in May, Arthur Hayes, a well-known businessman, chief investment officer of the Maelstrom fund and former chairman of the BitMEX exchange, said that it’s time to long cryptocurrencies and stocks, and bitcoin will reach $1 million by 2028. But in August, his vision of the short-term trend changed to a pessimistic one. At the beginning of…
Ethereum has been selling at a record high for the last 3 months
Over the past three months, Ethereum has seen record-breaking sales. Glassnode’s data shows that long-term holders and large players («whales») started selling Ethereum during this year’s crypto market crash.
Due to an unknown person using a bug, a large-scale Ethereum update has been postponed
Ethereum blockchain network encountered technical problems during a major Pectra update that was rolled out to the Sepolia test network on March 5, 2025. An unknown attacker discovered a vulnerability that forced the developers to introduce a «private patch» to stabilize the network.
What cryptocurrencies did Donald Trump's World Liberty Financial project invest in?
US resident Donald Trump and his family, through their crypto project World Liberty Financial (WLFI), are actively scooping up cryptocurrencies. Six tokens worth about $65 million have already been purchased. The portfolio currently looks as follows:
The crypto market is approaching the «euphoria» phase: what to expect?
The cryptocurrency market is on the verge of transitioning from the «enthusiasm» phase to the «euphoria» phase. This forecast analysts from Glassnode and Fasanara Digital made in their report on the state and prospects in the fourth quarter of 2024.
US ghost town Detroit to accept cryptocurrency for tax payments
Starting in 2025, Detroit residents will be able to pay taxes and other city fees with cryptocurrency via the secure PayPal platform. Thus, the ghost town will become the largest US metropolis to accept cryptocurrency payments.
Vitalik Buterin presents an updated Ethereum roadmap with a 7k-fold increase in transactions number
In his blog, co-founder Ethereum Vitalik Buterin presented an updated blockchain roadmap with a focus on expanding Layer 2 and improving scalability while maintaining decentralization and security. The initiative is called The Surge.
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