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San Francisco–based Stable Finance has been acquired by Aave Labs, the developer behind the Aave lending ecosystem, as the firm expands into consumer-facing onchain services.Founded in 2023, Stable Finance’s mobile app allows users to deposit funds from bank accounts, cards, or crypto wallets to ear…
Key takeaways:Ethereum’s triple bottom pattern near $3,750–$3,800 hints at a potential 10% rebound in October.Mega whales (10,000–100,000 ETH) are quietly accumulating, absorbing supply from smaller holders during the recent price decline.Ethereum’s native token, Ether , is hinting at a textbook bea…
A wallet associated with the Ethereum Foundation shifted 160,000 Ether to an address that has previously been used for selling ETH.
The largest decentralized lending protocol, Aave, is onboarding a new class of collateral via a strategic partnership with onchain asset manager Maple.Maple’s yield-bearing, institutional-grade assets “are designed to perform through market cycles and will become part of the backbone of Aave’s varia…
The Ethereum network was built to democratize a finance platform where anyone, anywhere, could deploy code and create value. With no centralized oversight, ETH has become a stage where builders and grifters coexist, each leveraging the same tools of decentralization to vastly different ends. Can Eth…
Key points:Bitcoin and most major altcoins have bounced off their support levels, indicating solid demand at lower levels.Buyers may find it difficult to sustain the recovery, as the bears are expected to sell on rallies.Bitcoin made a strong comeback on Monday, rising above $111,000. Traders turne…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Monday! Bitcoin is trading back above $110,500 alongside gains across major cryptocurrencies, with analysts saying the next key resistance will be tested at $111,000.In today's newsle…
Some of the crypto industry's biggest financial players have led a $1 billion raise to create the largest public digital asset treasury made up of XRP.Newly formed Evernorth Holdings Inc. will merge with a special-purpose acquisition company (SPAC), Armada Acquisition Corp II. Upon closing of the tr…
Fundstrat Capital CIO Tom Lee that Ethereum could rally toward $5,000 if the ETH/BTC pair breaks above the 0.087 resistance level.According to Lee, a clean breakout above 0.087 would mark a structural shift for Ethereum, similar in scale to the macroeconomic transitions that reshaped Wall Street in …
Ethereum price started a recovery wave above $3,880. ETH is now rising and might aim for more gains if it clears the $4,050 resistance.Ethereum started a fresh recovery above $3,800 and $3,880.The price is trading above $3,920 and the 100-hourly Simple Moving Average.There was a break above a key be…
Brian Armstrong, chief executive officer at cryptocurrency exchange giant Coinbase, has rejected the idea that crypto is too expensive for new investors.Armstrong explains that those who want to get started do not actually need to buy an entire Bitcoin or Ethereum to get started. "You don’t need to …
Fundstrat’s Tom Lee has echoed the sentiment that digital asset treasury hype may be coming to an end, but remains bullish on Ether, having purchased $1.5 billion worth since the market crash.BitMine Immersion Technologies has scooped up a total of 379,271 Ether (ETH) worth almost $1.5 billion since…