On Tuesday, an infamous trader nicknamed the "Hyperliquid whale" closed a leveraged short bitcoin position of over half a billion dollars on the decentralized perpetual trading platform.Blockchain analytics platform Spot On Chain identified the trader's wallet address as "0xf3F…7057c." The wallet ha
U.S. spot bitcoin exchange-traded funds saw their third consecutive day of total daily net inflows on Tuesday, while spot ether ETFs reached a record net outflow streak.According to data from SoSoValue, U.S. spot bitcoin ETFs had a total daily net inflow of $209 million. The three-day net inflows ma
Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston. So power company officials were alarmed when a big chunk of those centers - 60 of them - suddenly dropped off the grid one day last summer and
Raydium’s native token, RAY, soared during the early hours of the Asian session. The surge comes after the Solana-based decentralized exchange (DEX) and automated market maker (AMM) announced plans for its token launchpad, LaunchLab.Token launchpads continue to flood the crypto space, providing an a
The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime. In a threat assessment report on serious and organized crime, Europol stated that AI and crypto play a role in criminal efficiency. The l
Los Angeles writer and director Carl Erik Rinsch, perhaps best known for directing the Keanu Reeves-starring film 47 Ronin, was arrested on Tuesday in West Hollywood and charged with fraud and money laundering related to an $11 million television series investment.Acting U.S. Attorney for the Southe
Cosmos’ Interchain Foundation has funded the open-sourcing of Evmos as a canonical EVM framework for its multichain ecosystem containing over 200 appchains. This framework, previously developed under the Evmos project, will now transition to being maintained as “Cosmos EVM” within the official Inter
Ethereum core developers plan to end support for the Holesky testnet in September 2025 — and are transitioning its role and preparing for its eventual deprecation. Deprecating testnets is common, with Ethereum developers previously discontinuing Kiln, Ropsten and Rinkeby in 2022 and Goerli last year
By Dow Jones Newswires StaffGlobal markets were mostly lower ahead of the U.S. Federal Reserve's interest rate decision later Wednesday, where the central bank is expected to keep rates steady.All eyes, however, will be on Fed Chair Jerome Powell's comments, amid trade tensions and uncertain economi
The price of Bitcoin is still struggling as technical resistance levels put increasing pressure on the asset. The 200-day Exponential Moving Average, a crucial level for trend reversals, has once again rejected Bitcoin following a brief recovery attempt. The inability to overcome resistance prompts
Ethereum, like the broader crypto market, has experienced a sharp drop in price in recent weeks. From a high of $3,352 at the start of 2025, Ether now trades around $1,800 and $1,900, reflecting a sharp drop to the world’s second-biggest crypto by market cap. Looking at Ether’s bigger picture, it’s
The North Dakota Senate has passed a bill that regulates crypto ATMs while re-adding a provision capping daily transactions at $2,000 per user that was originally dropped by the state’s House.The state’s Senate passed House Bill 1447 in a 45-to-1 vote on March 18. The bill was introduced to the stat
US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show.The Department of Justice said in an indictment unsealed in a Manhattan federal court on March
South Korean prosecutors have asked the court to sentence a man to 10 years in prison for stabbing the CEO of local crypto custody firm Haru Invest during a court hearing in August 2024.The Seoul Southern District Prosecutor's Office confirmed with The Block that it requested the sentencing during W
Cosmos’ Interchain Foundation (ICF) has funded the open-sourcing of Evmos, the native EVM framework for its multichain ecosystem containing over 200 appchains. This framework, previously developed under the Evmos project, will now transition to being maintained as “Cosmos EVM” within the official In
The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000. Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue. It had earlier suspended
The Bitcoin price could be headed for more pain, as a crypto analyst has identified a new bear market indicator that suggests a crash to $40,000 is imminent. The analyst has predicted when this deep price decline is set to occur, warning investors to remain cautious or risk selling at a loss. Xanrox
Ethereum is down $30.30 today or 1.57% to $1904.51Down two of the past three daysDown 14.3% month-to-dateDown 43.06% year-to-dateDown 60.32% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Down 41.96% from 52 weeks ago (March 19, 2024), when it traded at $3281.17Down 52.98
Ether price fell below $2,200 on March 9 and has struggled to recover since. The altcoin is down 14% in March and the decline has hurt investor sentiment, especially as the broader crypto market only dropped 4% in the same period. Adding to the bearish sentiment, traders are also worried about furt
Raydium, the decentralized exchange at the center of the Solana ecosystem, plans to spin out a rival memecoin launch-pad to compete with Pump.fun. The move comes about a month after Pump.fun was found to be testing a custom-built automated market maker possibly to replace Raydium.Over 35% of Raydium