Ethereum co-founder Vitalik Buterin has once again transferred a large amount of ETH, sparking fresh discussions within the crypto community. According to a report from Lookonchain, Buterin moved 800 ETH with an estimated value of $2.01 million to a multisig wallet. Shortly after, 190 ETH from this wallet was swapped for 477,000 USDC, a stablecoin pegged to the U.S. dollar. Is Buterin Offloading ETH? This transaction follows a larger transfer Buterin made on August 9, where...
Read More »Bitcoin’s Hash Price Is at All-Time Low: Here’s Why That’s Good News
The Bitcoin hash price, a metric measuring miner revenue per terahash or computing power, has fallen to its lowest level ever. According to recent data, this is a sign of upcoming bullish momentum. A Quicktake by CryptoQuant analyst Woominkyu revealed that the current level of the bitcoin hash price indicates a good buying opportunity. A Buying Opportunity Woominkyu shared a chart highlighting the relationship between the price of bitcoin and the network’s hash price. The...
Read More »This Popular Crypto Exchange Extends Support for Shiba Inu (SHIB): Details
TL;DR Kraken added Shiba Inu as collateral for futures trading, enhancing its support for the popular meme coin. Robinhood and Coinbase have also enabled new trading services for SHIB earlier this year. SHIB’s Adoption on the Rise The US-based cryptocurrency exchange Kraken officially listed Shiba Inu (SHIB) on its platform in November 2021. Since then, it has increased its support for the self-proclaimed Dogecoin-killer, enabling various trading services with it. Earlier...
Read More »China Tackles Cryptocurrency Crimes with First Case and New Guidelines
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Read More »Binance Adds TON, DOGS, and ALGO Trading Pairs
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Read More »Binance to Temporarily Suspend Cardano Transactions for Network Upgrade on September 1
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Read More »BTC Price Dumps Below $60K, SEC Names New Crypto Target, Durov’s Arrest: This Week’s Recap
A lot can change in the cryptocurrency markets within the span of the week. This is what happened to bitcoin and most altcoins since last Friday when BTC soared from around $60,000 to over $64,000 on Saturday after the bullish developments on US soil. Namely, Fed Chair Jerome Powell hinted at incoming interest rate cuts, and RFK endorsed pro-crypto presidential candidate Donald Trump and withdrew his campaign. The weekend for bitcoin was quiet despite the turbulence elsewhere...
Read More »Blocksquare Launches First Tokenization of Tequila Distillery
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Read More »io.net Partners with FLock.io to Develop First Proof of AI
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Read More »Ethereum-based Altcoins Leads in Top Projects with High Centralization
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