Joseph Lubin, Ethereum co-founder, transferred 110,000 ETH worth about $170 million to reinforce collateral in three Sky (formerly MakerDAO) vaults backing $259 million in DAI loans. This was the first major wallet activity in over three years and aimed to reduce liquidation risk amid Ethereum's price falling below $1,600 and losing its second spot in market cap to Tether's USDT. The move helped maintain a 33% collateral cushion above liquidation thresholds during a period of significant ETH price decline. Lubin's overall ETH holdings remain largely intact, and Consensys, his blockchain firm, is exploring public market listing options.
Ethereum's staking rate reached 32.4% of total supply on June 5, 2026, even as its price fell 33% from $2,359 to $1,583 over 30 days. Daily staking inflows remained steady at 50,476 ETH, showing that long-term holders continue to lock their ETH despi...
Large crypto investors are heavily buying Bitcoin and Ethereum, with net buy weights of 81% and 79% respectively, signaling a preference for liquid, well-known assets during volatile times. Meanwhile, several smaller altcoins show extreme oversold si...
Investors are exiting risk assets in the crypto market, with stablecoins gaining demand over altcoins and Ethereum. The stablecoin market cap has shrunk by over $7 billion in 21 days, while $400 billion has left the crypto market overall. Notably, Te...
Bitcoin maintained a steady dominance of 56% while trading around $62,367, reflecting a stable market amid modest gains in major cryptocurrencies like Ethereum. Select altcoins such as CC, ZEC, DOGE, and XLM posted notable 24-hour gains, indicating p...
Tether (USDT) briefly overtook Ethereum in market capitalization during a recent market sell-off, becoming the second-largest cryptocurrency. Bloomberg's Mike McGlone predicts that Bitcoin could face a severe crash down to $10,000 due to a looming ma...
