Polygon (MATIC) Faces a Severe Profitability Crisis
TL;DR Only 5.63% of Polygon (MATIC) addresses are in profit or at breakeven, according to IntoTheBlock. MATIC has fallen 3.9% in the last 24 hours,...
ethereum
Crypto Market on Edge: $2.06 Billion in BTC and ETH Options Set to Expire
TL;DR BTC and ETH Options Expiry: A massive $2.06 billion in Bitcoin and Ethereum options are set to expire, potentially causing significant market volatility. Bitcoin’s...
Bitcoin and Ethereum: Whales Take Advantage of Market Correction
TL;DR Bitcoin whales accumulated 20,600 BTC worth $1.38 billion on June 11 amid a crypto market correction. Ethereum hodlers purchased over 240,000 ETH valued at...
The Crypto Exodus: Investors Embrace Long-Term HODLing
TL;DR Investor Shift: Bitcoin and Ethereum are being withdrawn from exchanges in large amounts, hitting a four-year low, signaling a shift from short-term trading to...
ZKsync Launches ZK Nation: The New Era of Community Governance on Ethereum
Key points of the news: ZKsync announces ZK Nation, a community governance system to empower token holders in protocol development. Users can actively participate in...
Base, Ethereum’s Optimistic Rollup, Surpasses Historic $8 Billion TVL Milestone
TL;DR Base has surpassed $8 billion in total value locked (TVL). The Base network leads transactions per second among Ethereum layer 2 solutions. Base has...
Trump Accumulates Over $30 Million in His Wallets After Being Sentenced
TL;DR Donald Trump cryptocurrency wallet has reached a value of $30 million after receiving an avalanche of meme coins and donations from his followers following...
StarkWare’s Million-Dollar Vision: Scaling Bitcoin with Zero-Knowledge Technology
TL;DR StarkWare has announced an initiative to scale Bitcoin and Ethereum using zero-knowledge (ZK) technology, backed by a $1 million research fund. The initiative aligns with...
Whales Accumulate Ethereum at $3.7k: Reactivate the Trend?
TL;DR Ethereum addresses with more than 10,000 ETH have increased. The Ethereum reserve on exchanges has decreased significantly. Technical indicators suggest a possible short-term correction....
Hashdex Withdraws its Ethereum ETF Application: What Happened?
TL;DR Hashdex withdraws its application for an Ethereum ETF just as the SEC approves ETH-based financial products. Hashdex’s proposal featured a unique approach, combining physical...