Author: Yeek.io
Este artículo también está disponible en español. The largest cryptocurrency in the world, Bitcoin has plunged a dramatic 11% from its all-time high. Although some investors might find this price devaluation alarming, historical data indicates that it is really small in respect to the other market cycles of the cryptocurrencies. The past price trends of Bitcoin show several abrupt declines and rises; volatility is always present. One has to consider the context of this most recent decline in order to evaluate its future course. Related Reading Bitcoin price trapped in the red zone in the last week. Source: Coingecko Historical…
Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.According to Cyvers, other flagged addresses received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens.The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt (USDT) and 15 swETH.Tracing the compromised transaction flow. Source: Cyvers AlertsFollowing the initial compromise, the funds were then swapped to ETH and funneled through six different wallet addresses, with one of the offending…
Whales have caused significant selling pressure, with Ethereum testing critical support levels. Active addresses and rising transaction counts suggest Ethereum may regain market momentum soon. Whales have sold over 440,000 Ethereum in the past week, causing a significant shift in the market. Recent reports showed that one wallet sold 8,074 ETH at an average price of $2,431, while another transferred 10,000 ETH worth $23.44 million to Binance in just two days. Ethereum’s [ETH] price at press time stood at $2,354.64, marking a 5.46% drop over the last 24 hours. This large-scale panic selling has raised concerns, but some investors believe…
Bitcoin’s price drop led to more than $2.16 billion in realized losses, with most of them coming from recent BTC buyers. In a recent analysis thread, Glassnode found that between Feb. 25 up until Feb. 27, traders lost more than $2.16 billion in realized losses due to the crypto crash that started on Feb. 25 when the price of BTC (BTC) dropped below $90,000 for the first time since November 2024. The platform breaks down the losses suffered by traders based on when they bought BTC and the market impact of the recent crypto crash compared to previous market spike…
Today in crypto, California Democratic Party Representative Sam Liccardo is reportedly preparing to introduce the MEME Act in the US House of Representatives, which would ban the issuance of memecoins like TRUMP by public officials, Gemini co-founder Cameron Winklevoss says the US securities regulator has dropped its two-year-long probe into the exchange, and a forensic investigation into the Bybit hack has pointed to a compromised developer’s credentials.House Democrats propose bill to ban presidential memecoins: ReportThe US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token.House Democrats are…
As Ethereum’s Pectra upgrade gets closer, Alchemy’s Will Hennessy talks about why EIP-7702 isn’t for beginners and what blockchain developers need to be aware of. Ethereum developers have announced that the highly anticipated Pectra upgrade will launch on April 8. The update will introduce new mechanisms aimed at boosting Ethereum’s transaction processing speed, reducing gas fees, and adding smart accounts that can execute multiple transactions simultaneously and even pay gas fees with different cryptocurrencies. While the update is set to go live on the mainnet in April, it has already been rolled out on Ethereum’s Holesky testnet, though the rollout…
If you’ve been in the crypto space long enough, you know that finding the best crypto to buy now before it skyrockets is rare. I’ve been through the highs and lows of this market, and trust me – a few projects have caught my attention like Dawgz AI. This isn’t just another coin – it’s a game-changer. Packed with cutting-edge trade bots, it’s designed to maximize returns, helping investors score big wins effortlessly. With its explosive growth and deep integration into Ethereum’s booming smart contract ecosystem, this coin is making serious waves. Don’t wait until it’s too late – Dawgz AI is the must-watch…
Homepage > News > Business > A Crypto ETF tsunami is coming The first United States BTC ETF went live in October 2021. The ProShares Bitcoin Strategy ETF (BITO) tracked BTC futures, allowing Wall Street and institutional investors to trade the volatile price movements without direct exposure. On January 11, 2024, the first BTC spot ETFs went live, put together by financial giants BlackRock (NASDAQ: BLK) and Fidelity. Within a year, BlackRock’s offering had amassed over $50 billion in assets, making it the most successful ETF debut in history. FBTC, Fidelity’s version, saw $6.9 billion invested in 2024, making it…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. 2025 is the year when Bitcoin (BTC) will reach its turning point. Historically regarded as a “store of value,” its role in decentralized finance has been minimal, capturing only close to 0.3% of its market cap compared to Ethereum (ETH) dominant position. Ethereum’s programmability has made it the natural home for DeFi, but Bitcoin’s $2 trillion market cap and unmatched security present an untapped opportunity ripe for investment and success. Key advancements, including BitVM, a proposed system…
Solana sustains the downtrend, with on-chain data suggesting increased selling pressure dragging this altcoin to $140. Solana continues to surrender gains realized in 2024 Q4 at a time when a marketwide plunge tests the digital assets. The 38% percent slip has seen the SOL revisit the price range witnessed in October 2024. A look into the on-chain data shows Solana confronts rising selling pressure, coincidentally as it encounters a sharp drop in the DEX and transfer volumes. Solana Plunges Further While Solana staged a rare 4.5% recovery in the past 24 hours, it is still down 17% in its…