Four Ethereum wallets inactive for nearly eight years reactivated and sold 33,623 ETH at an average price of $1,560, generating about $52.5 million in proceeds and a realized profit of $27.4 million. These wallets originally acquired 37,602 ETH in 2018 at around $830 each and held unrealized gains exceeding $150 million during past bull markets. The sales occurred during a market downturn, well below the peak Ethereum price of nearly $4,946 in 2025, reflecting missed opportunities for higher profits. This activity highlights a trend of long-term Ethereum holders finally exiting positions after extended dormancy.
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,...
Ripple recently minted an additional $50 million of its RLUSD stablecoin on the Ethereum blockchain, pushing the total supply close to an internal record and nearly matching the amount on its native XRP Ledger. This shift highlights growing capital f...
