The company bought 111,942 ether last week worth $237 million, ramping up purchases to take advantage of ETH’s drop below $2,200. www.coindesk.com
ETH
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Markets
XRP, ETH, SOL, LINK Look Cheap—The Catalysts That Could Drive The Next Leg Up
by shayaanby shayaanA new report from market expert Sam Daodu argues that several large-cap cryptocurrencies, including XRP, are still “undervalued” relative to the activity …
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Markets
Buterin says Ethereum Foundation will shrink, sell less ETH, and focus on 'CROPS'
by shayaanby shayaanButerin’s influence in the EF will decrease as the board expands. He framed the EF as “one node, with a defined purpose,” …
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Mining
Canaan earnings show Q1 revenue collapse as record BTC and ETH treasury nears $148M
by shayaanby shayaanThe latest Canaan earnings also revealed a new split screen among Bitcoin mining’s best-known hardware suppliers: the company selling mining machines reported …
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Smart Contracts
Prominent Ethereum Dev Proposes $1 Billion ETH Organization With Leader Who ‘Wants to Fight’
by shayaanby shayaanIn short Former Ethereum Foundation researcher Dankrad Feist proposed replacing the organization with a new group. The new group would need at …
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Ethereum price action is beginning to flash fresh warning signs as a combination of whale selling, ETF outflows, and weakening price structure …
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Markets
Ethereum Whales Flood Binance With 225,000 ETH In Largest Inflow Since 2022
by shayaanby shayaanEthereum has lost the $2,150 level as selling pressure and market uncertainty combine to erase the recovery that had been building since …
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Wall Street giant Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, according to a recent filing …
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Markets
BitMine Buys Another $197 Million In Ethereum As Tom Lee’s 5% ETH Strategy Presses On
by shayaanby shayaanOn-chain data is pointing to another interesting accumulation move by Tom Lee’s BitMine Immersion Technologies, with a whale tracker flagging a $197.64 …
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A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims …