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Base, an Ethereum Layer 2 scaling solution incubated by Coinbase, has come under scrutiny for transferring its sequencer fee earnings entirely to Coinbase.This move has sparked debates within the community about the management and use of such funds. Santisa, the pseudonymous chief investment officer…
The cryptocurrency market has entered consolidation, with Bitcoin (BTC) struggling to rally past $100,000. Altcoins are also working to make a recovery, with the altcoin season index dropping to 39, marking its lowest level in two months.The recent downturn has affected market sentiment. Per trader …
Ethereum price started a recovery wave above the $2,650 zone. ETH is now struggling to clear the $2,880 and $2,920 resistance levels.Ethereum started a decent upward move above the $2,620 zone.The price is trading below $2,750 and the 100-hourly Simple Moving Average.There was a break below a key bu…
Real-world asset tokenization platform Ondo Finance said it will launch an institution-focused layer-1 blockchain for Wall Street firms to tokenize RWAs.Ondo announced Ondo Chain on Feb. 6 during its inaugural New York summit. Chase Herro, co-founder of the Trump family’s World Liberty Financial, re…
The amount of Ether being taken off crypto derivatives exchanges has reached the highest level since August 2023 — a signal analysts interpret as positive for Ether's price.On Feb. 6, Ether net flows on crypto derivatives exchanges stood at negative 300,000 ETH, representing approximately $817.2 mi…
Ethereum has continued to face headwinds, mirroring the broader downward trend in the global cryptocurrency market. The persistent market slump has made it challenging for ETH to sustain upward momentum, even as it attempts to recover from recent losses.Interestingly, it appears there might be some …
Ethereum took a sharp downturn on February 3 and has struggled to hold on to the $2,800 level. This lackluster performance has left investors frustrated, raising doubts about the altcoin’s ability to regain bullish momentum.However, the recent decline in exchange netflow on derivative platforms coul…
Cboe has submitted a 19b-4 filing to the SEC to approve the listing and trading of options on spot Ethereum ETFs. The exchange is requesting expedited approval for this rule adjustment. The filing specifies that Ethereum fund options will be traded similarly to other fund share options on the platfo…
Ethereum price started a recovery wave above the $2,650 zone. ETH is showing positive signs and might aim for a move above the $2,880 resistance.Ethereum started a decent upward move above the $2,650 zone.The price is trading below $2,850 and the 100-hourly Simple Moving Average.There was a break ab…
Dogecoin is currently at the 200 EMA, a historically significant zone for trend reversals, having reached a critical support level following a protracted decline. Dogecoin has previously used this level as a crucial turning point, making it a critical area where either a significant rebound or addit…
Ether, the second-largest cryptocurrency by market value, crashed hard Monday as prospects of a U.S.-led trade war weighed on risk assets. Data shows investors likely bought the dip, snapping up coins at lower prices.According to analytics firm IntoTheBlock, ether worth almost $1 billion left centra…
Amid the broader market downturn, user activity on the Layer-1 (L1) network Ethereum has plummeted to its year-to-date low. This comes as the value of Ethereum’s native token, ETH, sinks below the $3,000 mark for the first time since November.With a strengthening bearish sentiment, ETH could extend …