Galaxy's token swap may reflect bearish sentiment around Ethereum, marked by a significant price correction and waning investor confidence.

Ethereum is once again in the news, but this time it is not because of bullish sentiment but rather because of a huge surge in whale activity that could signal a major sell-off. Two well-known Ethereum owners made calculated and possibly game-changing decisions in a few short hours.

Cardano (ADA) is flashing a bullish fractal that preceded 250% rallies in the past, but weak DeFi metrics and low network activity may challenge the sustainability of its $28.7B valuation.

A large Ethereum transfer from a foundation-linked wallet to Kraken has sparked fears of increased sell pressure amid ongoing price weakness.

Mike Novogratz's Galaxy Digital has reportedly executed a significant swap, transferring approximately $100 million worth of ethereum for solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around $105 million, to Binance over the past two weeks.

As per Lookonchain Data, Galaxy Digital's recent actions suggest a strategic shift from Ethereum to Solana. Over the past two weeks, the firm deposited 65,600 ETH (worth $105.48M) to Binance—likely for selling—and withdrew 752,240 SOL (worth $98.37M), indicating fresh accumulation.

Digital asset investment products recorded modest net inflows of $6 million last week, reflecting an overall mixed investor sentiment, according to the latest CoinShares report. What Happened: The report highlights regional divergences and asset-specific trends, as investors responded to stronger-than-expected U.S. economic data and shifting macro conditions.

PlanB has reignited criticism of Ethereum's decentralization, governance, and technical architecture as the Ethereum Foundation reorganizes.

According to TradingView data, the ETH/BTC exchange rate recently dropped to 0.01791, marking its lowest level since 2020.

Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles to hold the $1,600 level as support, the cryptocurrency risks losing recent momentum.

Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days. On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week.

Galaxy Digital, one of the leading asset managers in crypto, shifted positions from Ethereum (ETH) to Solana (SOL).

Cardano (ADA) has broken through a key resistance level at $0.630, signaling a strong bullish reversal amid a broader cryptocurrency market recovery. This breakout, which began on April 21, was marked by a significant increase in trading volume, surpassing 68 million ADA during the breakout candlea clear indicator of growing investor interest and momentum.

Galaxy Digital, led by Mike Novogratz, has reportedly exchanged over $100 million worth of Ethereum (ETH) for Solana (SOL), signaling a notable shift in institutional crypto strategy. On-chain data from Wu Blockchain indicates that Galaxy moved 65,600 ETHaround $105 millionto Binance over the past two weeks, while simultaneously withdrawing approximately 752,240 SOL, valued near $98.4 million.

Ethereum co-founder Vitalik Buterin has proposed a major shift in the blockchains technical infrastructure by replacing the Ethereum Virtual Machine (EVM) with RISC-V, an open-source architecture praised for its built-in encryption and scalability benefits. Shared over the weekend on Ethereums core developer forum, the proposal could mark a pivotal change in how Ethereum executes smart contracts.

Ripple's RLUSD stablecoin goes live on Aave V3 with minimal activity, aiming to boost enterprise adoption and DeFi integration across platforms.

Galaxy Digital sells over $105M in Ethereum to buy Solana as ETH drops 50% YTD. Here's why institutions are shifting and what whale activity reveals about Ethereum's future.

Cardano breaks out of a symmetrical triangle pattern with massive accumulation and growing narratives around Bitcoin DeFi and ETF possibilities propelling ADA toward potential breakout.

Ethereum maintains bullish structure above $1,550 support despite recent pullback from $1,650, with analysts projecting potential rallies to $2,700-8,000 through 2025.

Ethereum Foundation sent 1,000 ETH to the Kraken exchange on April 22, likely to sell. This could lead to a potential drop in price.

Ethereum is quickly losing ground to Bitcoin, with the ETH/BTC ratio falling to its lowest level in five years. According to CoinGecko data, the ETH/BTC ratio now stands at 0.01787, a level not seen since January 2020.

Ethereum still has its scalability issue. It can only handle 14-15 TPS.

According to on-chain data reported by Wu Blockchain, Galaxy Digital transferred 65,600 ETH, equivalent to approximately 105 million dollars, to Binance and subsequently withdrew 752,240 SOL, valued at approximately 98.37 million dollars. This operation represents a clear signal of strategy change by the company, which seems to want to reduce its exposure to Ethereum to decisively focus on Solana, a blockchain that in recent months has shown signs of steady and robust growth.

Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets.

Story Highlights The live price of the PEPE meme coin is . Pepe coin price could reach a maximum of $0.0000020375 in 2025. With a potential surge, the PEPE price may go as high as $0.0000213648 by 2030.

Mike Novogratz's Galaxy Digital has apparently swapped $100 million worth of ether (ETH) for solana's SOL.

Coinbase is back in the legal spotlight, but this time, it's not the SEC knocking at the door. The Oregon Attorney General has filed a lawsuit against the crypto exchange, accusing it of offering and selling unregistered securities to users in the state.

Fresh on-chain data suggests Galaxy Digital may be offloading its Ethereum (ETH) holdings on the Binance exchange. Per the data, the company is pitching its tent with Solana (SOL), stacking up nearly $100 million worth of SOL over two weeks.

A breakout isn't completely out of the question.

The Cardano (ADA) price was subdued on Monday, trading sideways in the $0.62 area, but is at a key technical crossroads, with the price action in the coming days likely to be crucial for the crypto's near-term momentum. The post Cardano Price Analysis: 50% ADA Price Crash Imminent? appeared first on Cryptonews.

Ethereum price failed to clear the $1,650 and corrected gains. ETH is now consolidating and might attempt to recover above the $1,620 resistance.

Ethereum, the second-largest cryptocurrency by market capitalization, is once again in the spotlight following a bold proposal from its co-founder, Vitalik Buterin. The post Could Vitalik's New Code Idea Send Ethereum Soaring? What Traders Should Know appeared first on Cryptonews.

PEPE could repeat history, but a few things are worth looking out for.

Ethereum is approaching a major resistance near $2,330 as whale exits and fee collapse raise doubts.

An analyst has pointed out how Cardano is currently breaking out of a Triangle pattern, a signal that could be bullish for ADA's price. Cardano Has Surged Beyond Triangle Resistance Line In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern forming in the hourly price of Cardano.

The Ethereum Foundation is realigning its developmental strategy to address core protocol efficiency and user experience challenges, following recent leadership changes earlier this year.

With a recent significant technical advance, Shiba Inu may be about to start a long-awaited bull run. The 50-day Exponential Moving Average (EMA), a crucial resistance level that frequently serves as the first gate to trend reversals, has finally been reached by SHIB after weeks of consolidation and muted price action.

This is a major win for Solana as its utility spreads across the board.

Cardano (ADA) is up 4% on Monday, trying to hit $0.65, showing signs of renewed bullish momentum. Technical indicators are beginning to align in favor of buyers, with the BBTrend turning positive for the first time in days and the DMI signaling strengthening upward pressure.

Pepe is encountering resistance, but this rejection could mark the beginning of a bullish continuation setup. Traders are watching for a potential higher low that may set the stage for a strong rotation to the upside.

The ETH ETF performance stands in stark contrast to Bitcoin ETFs, which have managed to maintain a stronger grip on AUM despite market volatility.

The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.

Coinbase has obtained internal documents from the U.S. Securities and Exchange Commission concerning the agency's investigation into Ethereum 2.0, following a Freedom of Information Act lawsuit.

Cryptocurrency markets ticked higher on Monday as Bitcoin's performance drew attention from commentators eyeing a shift in macro sentiment. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $86,937.92 +2.8% Ethereum (CRYPTO: ETH) $1,572.74 -0.5% Solana (CRYPTO: SOL) $135.64 -0.6% XRP (CRYPTO: XRP) $2.07 +0.8% Dogecoin (CRYPTO: DOGE) $0.1570 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00001236 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 11.3% and daily active addresses falling by 10.3%.

In a notable reversal of market trends, Cardano (ADA) has emerged as the frontrunner for institutional investment in the cryptocurrency space, outpacing industry giants Bitcoin, Ethereum, and Solana in recent weeks.

Ethereum co-founder Vitalik Buterin shared a new proposal over the weekend that would radically overhaul the system that powers its smart contracts.

Crypto analyst Incognito has predicted that the Ethereum price could soon rally to as high as $2,700. This bullish prediction comes despite ETH's underperformance so far, with the altcoin's market share already dropping to new lows.