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Month: May 2025

cryptocurrency May 31, 2025

Ethereum’s recently introduced smart wallet feature, EIP-7702, is under scrutiny after blockchain security researchers uncovered cybercriminals’ misuse of it. Following the Pectra upgrade, several wallet providers have begun integrating EIP-7702 features. Advertisements Analysts at Wintermute, a crypto trading firm, noted that attackers used 97% of EIP-7702 wallet delegations to deploy contracts designed to drain funds […]

cryptocurrency May 31, 2025

Advertisements Analysts say Ethereum’s breakout versus Bitcoin could trigger a 250x altcoin market rally, signaling the start of a 2025 altseason. Key takeaways: Ethereum is forming bullish cup-and-handle and bull flag patterns against Bitcoin, signaling a potential 30–55% upside. Advertisements Analysts say an ETH/BTC breakout could trigger a major altseason, similar to those in 2017 […]

cryptocurrency May 31, 2025

REX Shares has filed with the US Securities and Exchange Commission (SEC) to introduce two new exchange-traded funds (ETFs) centered on Ethereum and Solana. Advertisements The filing, submitted on May 30, was marked “immediately effective,” signaling that the launch could happen soon. REX’s New ETF Filings to Test SEC’s Stance on Staking According to the […]

cryptocurrency May 31, 2025

Advertisements Sharplink Gaming intends to use most of the proceeds from its proposed share sell-off to purchase Ether, according to a recent SEC filing. US sports betting platform SharpLink Gaming has filed with the Securities and Exchange Commission (SEC) to offer up to $1 billion in shares of common stock in an effort to increase […]

cryptocurrency May 30, 2025

Ethereum is showing renewed strength as it consolidates above the $2,500 mark, signaling resilience in the face of broader market volatility. After several weeks of testing the $2,700 region, ETH remains within striking distance of this critical resistance, keeping bullish momentum alive. Market sentiment has shifted in Ethereum’s favor, with analysts and investors increasingly pointing […]

cryptocurrency May 30, 2025

The crypto market will witness $11.4 billion in Bitcoin and Ethereum options expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined. Advertisements This week’s expiring Bitcoin and Ethereum options are significantly higher than last week’s, as today’s expiring contracts are for the month.  May Options Expiry: Over […]

cryptocurrency May 30, 2025

Advertisements Buyers of BlackRock and Fidelity’s spot Ether ETFs are at an average unrealized loss of around 21%, says Glassnode. Most investors in spot Ether exchange-traded funds from asset managers BlackRock and Fidelity Investments are facing significant losses, according to crypto analytics firm Glassnode. “The average investor in the BlackRock and Fidelity Ethereum ETFs are […]

cryptocurrency May 29, 2025

Ethereum is showing signs of renewed strength as it continues to trade above the $2,700 level, reaching as high as $2,790 in recent hours. The price action has energized the market, with many analysts now calling for a major breakout that could not only lift ETH further but also trigger the long-awaited altseason. Advertisements While […]