Four Ethereum wallets from the network's early days have recently moved large amounts of ETH after years of inactivity, including a Genesis wallet transferring 2,680 ETH worth over $5 million. These movements, detected in July and August, involve transfers to exchange platforms like Coinbase and CoinJar, raising concerns about a potential large-scale sell-off. However, such transfers could also indicate custody changes or other financial decisions, not necessarily immediate selling. The market will closely watch upcoming transactions to determine if these historic reserves are being reintroduced for sale or simply redistributed.
Cryptocurrency markets display varied price changes, with Bitcoin trading around $62,782, slightly down by 0.5%. Ethereum and Binance Coin also show minor declines. Meanwhile, tokens like OKB and SHIB experience notable gains of 5.4% and 4.1%, respec...
Morgan Stanley increased its holdings in BlackRock's spot Bitcoin ETF by 23% to about 16.5 million shares during Q2, despite Bitcoin's price decline lowering the position's value to $549 million. The bank also expanded its exposure to Ether and Solan...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading near $63,138, slightly down by 0.5%, and Ethereum showing a small gain of 0.2%. Several altcoins like OKB and SHIB have notable increases, while others such as UNI and INJ face declin...
Ethereum has decided to stop using its custom Poseidon hash function after eight years and significant investment, returning to conventional cryptographic standards like SHA and BLAKE2s. This shift is supported by Bitcoin pioneer Adam Back, who favor...
Binance will stop all deposits and withdrawals involving HTX and ten other platforms starting August 23, 2026, due to sanctions related to HTX's founder Justin Sun and ties to Russia. This move has already reduced liquidity in HTX's ETH trading book,...
