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Markets

cryptocurrency February 22, 2025

The crypto community is divided over calls for an Ethereum blockchain rollback following a massive security breach at Bybit. Advertisements On February 21, the exchange lost nearly $1.5 billion in ETH to hackers, sparking discussions about whether Ethereum should intervene to recover the stolen funds. What is a Blockchain Rollback? A blockchain rollback, also known […]

cryptocurrency February 21, 2025

Today, approximately $2.04 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire, creating significant anticipation in the crypto market. Advertisements Expiring crypto options often leads to notable price volatility. Therefore, traders and investors closely monitor the developments of today’s expiration. Options Expiry: $2.04 Billion BTC and ETH Contracts Expire Today’s expiring Bitcoin options have […]

cryptocurrency February 21, 2025

Ethereum founder Vitalik Buterin suggested hosting Devconnect in Argentina after the LIBRA fallout. He tagged President Javier Milei, who enthusiastically responded to the proposal. Advertisements Buterin strongly warned against political meme coins very recently, calling them a “vehicle for unlimited political bribery.” It is unclear how he feels about Milei or LIBRA, but he remains […]

cryptocurrency February 17, 2025

A user calling himself Hu Lezhi burned Ethereum tokens worth $1.65 million and donated a further $5.35 million, posting bizarre screeds about mind control chips. He included multiple suicidal statements. Advertisements This sad tale struck a nerve with the crypto community, with figures like Tron founder Justin Sun attempting to support him. However, it also […]

cryptocurrency February 17, 2025

Crypto outflows totaled $415 million last week, marking a sharp reversal from a streak of net positive flows since the beginning of the year. Advertisements This downturn is largely attributed to Federal Reserve Chair Jerome Powell’s recent hawkish remarks and higher-than-expected US inflation data. Bitcoin Succumbs As Crypto Outflows Hit $415 Million The latest CoinShares […]

cryptocurrency February 14, 2025

Ethereum founder Vitalik Buterin recently made a blog post discussing an increase in L1 gas limits. Buterin claimed that the blockchain’s future rests with L2 protocols, but L1 gas upgrades will increase functionality and keep the core vision intact. Advertisements Buterin discussed the need to deal with bad actors on multiple levels, quarantining sketchy ERC-20 […]

cryptocurrency February 14, 2025

Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ expiry event today push prices higher over the weekend?  Advertisements Bitcoin (BTC) remains well below the $100,000 psychological level as […]

cryptocurrency February 13, 2025

The Ethereum Foundation (EF) today allocated $120 million in ETH tokens to DeFi lending protocols: Aave, Spark, and Compound. Advertisements The Foundation has been in a sustained leadership crisis caused by token sales to pay overhead costs. The EF has shown a willingness to respond to the community, but it still faces tough challenges ahead. […]

cryptocurrency February 10, 2025

Despite recent price declines, crypto inflows soared to $1.3 billion last week. It marks the fifth consecutive week of positive inflows, demonstrating sustained investor confidence in the cryptocurrency market. Advertisements Interestingly, Ethereum inflows almost doubled the positive flows into Bitcoin, marking a notable paradigm shift. Crypto Inflows Reached $1.3 Billion Last Week The latest CoinShares […]