The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million. “This sale funds […]
TLDR: Ethereum Exchange Supply Ratio has dropped to low levels, but price has not formed a matching bottom yet. Historical patterns show that divergences between the ratio and price typically resolve through a downward price […]
Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain signals suggests the recovery may still have more room to run in May. Key takeaways: […]
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Kelp DAO exploit involved an RPC-poisoning attack that forged cross-chain messages via LayerZero’s DVN. DeFi […]
Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise. According to data from RWA.xyz, 30-day stablecoin transfer volume dropped […]
TLDR: Ethereum’s Taker Buy Sell Ratio has reached its highest level since late January 2023 on all exchanges. ETH prices dropped from $4,700 in October to $2,300, while aggressive buyer pressure rose sharply. Buy orders […]
The Ethereum Foundation moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH. On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to […]
TLDR: Ethereum price trades near $2,300 while holding above key $2,000 support during the early recovery phase Ethereum Foundation sold 10,000 ETH worth $23.9 million at an average price of $2,387 Technical signals show a […]
Key takeaways: A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price?Negative futures funding rates at Binance and Bybit point to unusual demand for […]
TLDR Ronin Network will migrate to Ethereum on May 12 after four years as an independent sidechain. The migration will reduce RON inflation from above 20% to below 1%. Sky Mavis will introduce Proof of […]
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