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Ethereum Hits $4,000, But Whales Begin Offloading ENA, MKR, And ONDO

Ethereum ($ETH) has finally reached the $4,000 mark, a milestone the market has eagerly anticipated. However, this bullish movement has also triggered significant sell-offs, with whales beginning to offload their holdings. In the past 24 hours alone, approximately $13.86 million worth of ENA, MKR, and ONDO tokens have been deposited into major exchanges, signaling potential […]

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AI Tokens Show Distinct Trading Patterns: Memecoin-Like On Solana, Infrastructure-Like On Ethereum

Recent analysis from Decentralised.co highlights a unique trend in the trading behavior of AI-linked tokens on Solana and Ethereum, using data from @santimentfeed. By examining the top AI tokens on both networks since the U.S. elections wrapped up, they found notable differences in how these assets behave. On Solana, AI coins trade more like memecoins, […]

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Crypto Industry Q3 2024 Report: Key Trends And Highlights

The crypto market remained mostly flat in Q3 2024, with the total market cap ending the quarter at $2.33 trillion, reflecting a slight 1% drop. Despite this, the quarter was marked by volatility due to external factors, such as the Federal Reserve’s rate changes and Japan’s surprising rate hike. Here are the most notable insights […]

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Symbiotic Emerges As A Leading Ethereum Restaking Platform With Strong Backing and Unique Features

Symbiotic, a newly launched Ethereum restaking platform, has quickly gained traction in the crypto community. Supported by Paradigm and the founders of Lido, Symbiotic aims to enhance security through liquidity for services built on its protocol. This new platform facilitates coordination between users and services, providing a robust framework for restaking. Symbiotic just launched – here’s […]

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Large ETH Holders Accumulate As Layer-2 Solutions Transform Ethereum’s Landscape

On Thursday, large Ethereum holders recorded a net inflow of 267,000 ETH, marking the highest daily accumulation since March. This surge in accumulation underscores the growing confidence in Ethereum’s evolving ecosystem. On Thursday, large ETH holders recorded a net inflow of 267k $ETH, marking the highest daily accumulation since March. pic.twitter.com/uBBhRpCxRz — IntoTheBlock (@intotheblock) June […]

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Stablecoins and ETH Dominate High-Yield Opportunities As ETH Holds Above $3K

As Ethereum continues to trade above the $3,000 mark, stablecoins, ETH, and ETH derivatives are leading the charge in high-yield opportunities, leaving other large-cap cryptocurrencies mostly in the shadows.  CoinShares recently reported substantial inflows into digital asset investment products, with a notable $932 million received last week.  This surge is largely attributed to market expectations […]

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ETH Layer 2 Transaction Surge Post Dencun Upgrade, Base Tops Solana

Since the Dencun upgrade, Ethereum layer 2 (L2) transactions have experienced a remarkable surge, marking a 196% increase to reach 5.67 million transactions settled on the top L2 platforms. The number of transactions on ETH layer 2s has skyrocketed following the Dencun upgrade. ➖The number of transactions settled on the top L2s has increased by […]

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BlackRock Launches Tokenized Asset Fund On Ethereum Network

In a significant move for the crypto industry, BlackRock has debuted its tokenized asset fund on the Ethereum network and solidified its commitment to asset tokenization by investing in Securitize, a leading company in the field. The fund, represented by the blockchain-based BUIDL token, boasts full backing from cash, U.S. Treasuries, and repurchase agreements.  BlackRock […]

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Base Surpasses 1 Million Active Addresses, Leads Ethereum Layer 2s

March 16th marked a significant milestone for Base as it reached over 1 million active addresses, securing its position as the top Ethereum Layer 2 solution. This achievement underscores the platform’s growing prominence within the Ethereum ecosystem. On March 16th, @base achieved a milestone by surpassing 1 million active addresses, claiming the top spot among […]

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Ethereum Faces Volatility Amidst Speculation On ETF Approval

In recent trading sessions, Ethereum ($ETH) experienced a notable price drop of over 10% from its peak of $4,000. However, despite this downturn, a significant majority of Ethereum holders, approximately 89%, remain in a profitable position.  As investors assess the potential for Ethereum’s price to rebound towards the $4,000 range, on-chain data highlights a key […]