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Ethereum Foundation Converts 1,000 ETH to Stablecoins – Here’s Why

Ethereum Foundation Converts 1,000 ETH to Stablecoins – Here’s Why

The Ethereum Foundation has announced plans to sell 1,000 ETH, worth roughly $4.5 million, as ETH’s price climbs above $4,500 for the first time since mid-September.The sale, disclosed on October 4, will be executed using CowSwap’s Time-Weighted Average Price (TWAP) feature. This automated tool spre…

Bitcoin Options Traders Show Cautious Optimism After $120,000 Breakout

Bitcoin Options Traders Show Cautious Optimism After $120,000 Breakout

Bitcoin option investors are taking modest long positions after the asset’s price broke above $120,000, signaling that while there is optimism for an increase, it is not a strong conviction.Glassnode shared this market sentiment on Friday via a post on X, complete with on-chain data.A Bet on ā€˜Uptobe…

ETF Inflows Return: Bitcoin and Ethereum Record $900 Million in Inflows in One Day

ETF Inflows Return: Bitcoin and Ethereum Record $900 Million in Inflows in One Day

Over $600 million flowed into US spot Bitcoin ETFs on Thursday, and Ethereum ETFs also saw over $300 million in inflows.This trend is a stark reversal from the outflows seen in September. With Bitcoin’s price recovering to the $120,000 level for the first time in a month and a half, many are watchin…

What Will The UK Do With Its $7.3 Billion Bitcoin Seizure?

What Will The UK Do With Its $7.3 Billion Bitcoin Seizure?

The UK is attempting to gain legal ownership of a $7.3 billion Bitcoin fortune, which it seized from a Chinese scammer. This scammer pleaded guilty this week, but the tokens could remain in limbo.Although the victims are largely based in China, and some crimes took place over a decade ago, some have…

Ethereum’s Uptober at Risk? Key Data Reveals Growing Investor Caution

Ethereum’s Uptober at Risk? Key Data Reveals Growing Investor Caution

Ethereum is entering October with heightened expectations as optimism around ā€œUptoberā€ fuels hopes of a strong rally.Yet beneath the surface, several concerning signals suggest Ethereum investors may need to tread carefully.Ethereum Faces Hidden Dangers This Uptober: 3 Risks Investors Can’t IgnoreT…

Ethereum Loses Critical Holders’ Support, Yet Buyers Aren’t Backing Off

Ethereum Loses Critical Holders’ Support, Yet Buyers Aren’t Backing Off

Ethereum has staged a recovery after bouncing from recent lows, pushing closer to the $4,500 level. The rally comes even as some of the most crucial long-term holders (LTHs) exit positions.Ā Other investors, however, appear to be countering the impact through consistent inflows that are supporting p…

BNB Chain’s X Account Hacked: CZ Warns Users to Stay SAFU from Phishing Scam

BNB Chain’s X Account Hacked: CZ Warns Users to Stay SAFU from Phishing Scam

Attackers used the platform to promote a fraudulent ā€œBNB HODLer Airdropā€ designed to trick users into connecting their wallets to phishing sites.Binance Founder CZ Confirms BNB Chain’s X Account HackBinance founder Changpeng Zhao (CZ) confirmed the breach in a series of posts, urging users not to in…

10 Key Indicators Suggest Uptober Could Fuel Crypto Market Upside

10 Key Indicators Suggest Uptober Could Fuel Crypto Market Upside

Uptober is just one day away, and optimism is running high for Bitcoin and the broader crypto market.Ā As the industry enters the tenth month of the year, the alignment of 10 key internal, macro, technical, and on-chain signals suggests that the crypto market could be primed for significant upside i…

His IQ Is 276 — And His Bitcoin Prediction Could Change Everything

His IQ Is 276 — And His Bitcoin Prediction Could Change Everything

YoungHoon Kim, known as the man with the highest IQ in the world, has made his prediction about the future of Bitcoin. He believes Bitcoin will grow by as much as 100-fold over the next decade and become a global reserve asset. These words have sparked intense excitement in the cryptocurrency world.…

Ethereum Holders Keep Price Afloat At $4,500 – Here’s What’s Next For ETH

Ethereum Holders Keep Price Afloat At $4,500 – Here’s What’s Next For ETH

Ethereum continues to hold steady despite ongoing volatility, with ETH hovering just below the $4,500 mark. While sharp gains remain elusive, the asset is equally shielded from steep declines.Ā Strong investor accumulation is helping the altcoin king maintain stability, fueling optimism for a potenti…

Paolo Ardoino Says Bitcoin is Certainty Ahead of Political Bombshell Teased for Tuesday

Paolo Ardoino Says Bitcoin is Certainty Ahead of Political Bombshell Teased for Tuesday

Bitcoin’s political future may be on the cusp of a major shift, according to a series of high-profile crypto figures fueling anticipation ahead of a Tuesday announcement.Tether CEO Paolo Ardoino has added to the hype, highlighting Bitcoin’s resilience and declaring the pioneer crypto as certainty.Bi…

Tether’s Uruguay Mining Plans Hit Setback Amid Energy Dispute

Tether’s Uruguay Mining Plans Hit Setback Amid Energy Dispute

Tether’s push to expand Bitcoin mining in Uruguay has stalled after the state utility cut power to its local partner.Ā UTE, the national electricity provider, halted supply in late July over unpaid bills totaling nearly $5 million. The dispute also froze expansion efforts in the country’s Flores and …