Sharplink, the second-largest Ethereum treasury company, purchased 29,196 ETH for $46.7 million on June 27, increasing its total holdings to 868,699 ETH. This follows a recent three-day accumulation of 39,196 ETH worth $62.4 million. The purchases come as Ethereum trades near $1,568, its lowest since April 2025, reflecting weakening buyer momentum in the market. Despite this, Sharplink's stock price rose 5.48% after the acquisition, signaling investor confidence in its ETH accumulation strategy.
Recent investigations reveal that stolen funds from the 2026 Kelp DAO and Humanity Protocol exploits were mixed through the same wallet, linking the attackers. The Humanity Protocol attacker moved 15,403 ETH (worth $23.6 million) to a new Ethereum ad...
Shibarium, the layer 2 network of Shiba Inu, has seen a sharp decline in daily transactions since peaking on June 17, indicating a slowdown in ecosystem activity. Despite this, the number of Shiba Inu holders is quietly increasing, suggesting sustain...
Galaxy Digital CEO Mike Novogratz attributes Bitcoin's recent price decline to financial stress at MicroStrategy, the largest public corporate Bitcoin holder. Concerns over MicroStrategy's capital structure, especially its preferred stock (STRC) trad...
Sonic Labs announced it has suspended its planned annual token inflation, significantly reducing future token supply expectations. This decision triggered a sharp 21% price increase for the Sonic token as investors reacted positively to the improved ...
Institutional interest in Ethereum is declining, with U.S. spot ETH ETFs seeing $12.85 million in net outflows recently, signaling reduced risk appetite amid market uncertainty. This drop in institutional capital limits support for Ethereum prices, w...
