Robinhood Chain reportedly pays almost no fees to Ethereum's Layer 1 network, contradicting Tom Lee's bullish argument that Robinhood Chain usage proves Ethereum's effectiveness. This data suggests that the economic activity on Robinhood Chain may not significantly benefit Ethereum's main network as claimed. The findings raise questions about the real value and impact of Robinhood Chain on Ethereum's ecosystem.
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
Ethereum's price climbed nearly 2% to $1,942 following a rebound in semiconductor stocks and improved risk sentiment driven by hopes of renewed US-Iran talks. Large investors, or whales, increased their holdings by withdrawing and staking about $38 m...
Ethereum (ETH) is trading around $1,923 after recovering from its long-term trendline, with key support at $1,850 holding firm. The next major resistance is near $2,000, and if surpassed, ETH could target $2,300. Whale activity is notable, with large...
Ethereum (ETH) has surged about 20% month-to-date in July, driven by a return of net inflows into U.S. spot ether ETFs, which reversed an eight-week outflow streak. This renewed institutional demand, led notably by BlackRock's ETHA fund, has improved...
The crypto market has recovered, with total capitalization rising above $2.2 trillion and Bitcoin surpassing $65,000. This rebound is driven by easing inflation concerns, especially cooling crude oil prices, which reduce pressure on the Federal Reser...
