Ethereum Whale’s $224 Million Sell-off Triggers Market Uncertainty
TL;DR An inactive Ethereum whalle, dormant since 2016, has come back to life and sold 73,356 ETH, amounting to over $224 million. The sudden and...
Tag : Ethereum
Cosmos Developer Continues Ethereum Sell-Offs as Whale Reactivates After 8 Years
by Fernando
TL;DR The Interchain Foundation has sold 3,000 ETH from its 2017 ICO reserves. A 2016 Ethereum whale has started selling after eight years of inactivity....
Ethereum ETFs Surge with $135.9M Inflow, Marking Major Market Milestone
by Fernando
TL;DR Ethereum ETFs in the U.S. recorded a net inflow of $135.9 million on November 12, led by BlackRock. The total Ethereum ETF market reached...
Tether Executes $2 Billion Chain Swap to Ethereum
by jose
TL;DR Tether announced a $2 billion cross-chain swap to Ethereum on November 6, 2024, to enhance liquidity and asset management. The swap involves transferring USDT...
Justin Sun Predicts Bright Future for Ethereum: Time to Accumulate
by Fernando
TL;DR Justin Sun, creator of Tron, recommends accumulating ETH instead of selling. Sun is optimistic about the future of the crypto market due to changes...
Ethereum ETFs Gain Institutional Support: Michigan Pension Fund Invests $10M
by jose
TL;DR Ethereum ETFs are gaining traction as institutional investors, including the State of Michigan Retirement System (SMRS), show increasing interest, with SMRS investing $10 million...
Ethereum Reclaims 42% of Capital Outflows from Solana as DeFi Dynamics Shift
TL;DR Ethereum has reclaimed 42% of the capital outflows that went to Solana, highlighting its dominance in the DeFi ecosystem. SOL has lost approximately $55...
Consensys Cuts Workforce by 20% Amid SEC Challenges and Legal Costs
TL;DR Consensys, creator of the MetaMask wallet, will cut 20% of its workforce, affecting over 160 employees due to economic factors and legal costs. Joe...
Vitalik Buterin Responds to ETH Criticism, Emphasizes Importance of Sales for Network Development
TL;DR Vitalik Buterin, co-founder of Ethereum, has taken a direct approach to the criticism regarding the ETH sales conducted by the Ethereum Foundation. Over the...
Ethereum Faces Potential Collapse Amid Fed Rate Cuts
by Fernando
TL;DR Possible collapse of Ethereum: It is warned that Ethereum (ETH) could fall to around $1,000, following a pattern similar to that of 2019. Logarithmic...
