A major Ethereum investor sold 7,323 ETH, realizing losses over $19 million after holding and staking the tokens for more than three years. The investor bought Ethereum at an average price of $2,723 but sold at around $1,906 per token, reflecting a nearly 30% loss on the latest sale. Despite earning staking rewards, the prolonged price decline since early 2022 outweighed gains, prompting the exit. This move highlights the risks of long-term crypto holdings and may influence short-term market supply dynamics as large holders adjust their positions.
Solana is set to upgrade its network to reduce block time from 400ms to 350ms, enhancing transaction speed and throughput. Alongside this, a major tokenomics proposal could increase daily SOL token burns significantly, potentially lowering net token ...
Bitcoin's price fell marginally by 0.26% to around $64,800, while Ethereum edged up 0.09% to about $1,917, reflecting a cautious market mood. Crypto derivatives volume plunged over 51%, signaling reduced leverage and fewer short-term bets, while stab...
Spot Bitcoin ETFs experienced inflows totaling $853.54 million in the past week, marking the best weekly performance since April. BlackRock's IBIT led with $693.5 million, followed by Fidelity's FBTC with $116.5 million. Despite a recent hack causing...
An Ethereum whale from the 2015 ICO era has moved 3,510 MKR tokens, worth about $4.41 million, to a new address after seven years of inactivity. This whale originally acquired over 7,000 MKR tokens between 2018 and 2019 at an average price of $828.92...
The US Senate has postponed the floor vote on the CLARITY Act until September due to concerns about stablecoin impacts on banks and ethics provisions demanded by Democrats. The delay reflects ongoing debates over government officials' financial inter...
