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The Ethereum Foundation (EF) announced plans to convert 1,000 Ether (ETH) into stablecoins to finance research, grants and donations, aligning with its broader treasury strategy and involvement in funding decentralized finance (DeFi) initiatives. The sale, worth approximately $4.5 million at current…
Bitcoin miner CleanSpark ended September with 13,011 BTC in its treasury after reporting year-over-year gains in efficiency and output.The company said monthly production rose 27% from September 2024, with 629 Bitcoin (BTC) mined, and sold 445 BTC for roughly $48.7 million at an average price of $10…
Two of the largest publicly traded Bitcoin mining companies are taking opposite approaches to their digital asset holdings. CleanSpark is building one of the largest self-mined Bitcoin treasuries in the sector, while rival Riot Platforms continues to sell a portion of its production to generate cash…
The DoubleZero protocol, a high-speed network of fiber-optic connections dedicated to serving high-throughput blockchain traffic, launched its mainnet-beta on Thursday, along with the public debut of the utility token that powers the network.DoubleZero’s decentralized physical infrastructure network…
Key takeaways:Bitcoin clears the $120,000 hurdle as long-term holder selling pressure eases.Short-term holders are absorbing losses, signaling market stabilization.Neutral LTH flows may set the stage for a decisive breakout.Bitcoin (BTC) rallied above $120,000 for the first time since Aug. 13 as onc…
Former Binance CEO Changpeng Zhao has issued a major security warning about the official X account of BNB Chain, which appears to have been compromised by hackers. ALERT 🚨: The @BNBCHAIN X account may have been compromised.Please do not click on any links recently posted from this account.The teams …
Group of Seven (G7) regulators are moving on stablecoins, with the US enacting its new law, the European Union enforcing Markets in Crypto-Assets (MiCA) regulation and Japan already running a live regime.So far, the market has been dominated by dollar-pegged tokens such as Tether’s USDt (USDT) and C…
The amount of Ethereum held on centralized crypto exchanges has fallen to its lowest level since 2016 amid an increase in institutional accumulation.The amount of Ether (ETH) on exchanges has been falling since mid-2020. Over the last two years, ETH supply on exchanges has been slashed by half. The …
Story HighlightsThe live price of the Algorand is $ 0.21635999Price predictions suggest ALGO could reach $0.90 by the end of 2025.Long-term forecasts indicate potential highs of $5.65 by 2030.Algorand’s strong push for scalability, security, and decentralization is paying off. With the launch of Al…
Key takeaways:Bitcoin dropped 4% to $112,000 in a marketwide correction, liquidating $1.6 billion in longs.Analysts say the BTC bull market may have run its course, based on several bearish onchain signals.Bitcoin bears extended sell-side activity into the weekly open on Monday as a drop to $112,000…
Contrary to broader expectations that cryptocurrencies would rally in the event of a rate cut by the Federal Reserve, the market has witnessed almost no reaction since the Federal Open Market Committee (FOMC) meeting ended.Analysts at the market research firm Santiment already predicted that a rate …
Story HighlightsBitcoin is currently trading at: $ 116,047.91147717Predictions suggest BTC could reach $175K in 2025.Long-term forecasts estimate BTC prices could hit $900K by 2030.The Bitcoin price prediction for 2025 is becoming aggressively bullish as in the year’s second half, July, a new ATH ha…