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In this bearish market sentiment, crypto whales have begun showing interest in Ethereum (ETH), the second-biggest cryptocurrency by market cap. On September 18, 2024, the on-chain analytics firm Lookonchain made a post on X (Previously Twitter) stating that a whale who sold 5,690 ETH, worth $13.1 million, yesterday has bought back 5,660 ETH worth $13.
WisdomTree launched an Ethereum-based platform for tokenized real-world assets (RWA) called WisdomTree Connect on Sept. 18. The platform's goal is to allow customers to interact with any WisdomTree-issued token on different blockchains.
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem, suggesting that holding the altcoin is crucial for those aspiring to get on board.
Tether's USDT continues to secure its dominant position in the stablecoin market. According to data from Token Terminal, USDT's market share grew to 75% from 55% in the past two years and the supply of USDT also nearly doubled during that period of time.
Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out.
Revolut's stablecoin will likely not be available in the United States, as the firm shuttered its U.S. crypto services last year.
Numerous high-profile brand and celebrity accounts were hijacked to promote a Solana token called HACKED. It didn't go very well.
Revolut plans to launch its own stablecoin to provide a stable and compliant alternative in the crypto universe.
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Cardano (ADA) has made headlines by decisively winning a recent poll conducted by Weiss Crypto, a respected ratings agency in the cryptocurrency sector. The survey, which garnered over 7,000 votes, revealed that a staggering 76% of respondents believe Cardano boasts the best technology among altcoins.
Blockchain investigator ZachXBT has alerted the community to a scam meme coin promotion using several major X accounts.
The Securities and Exchange Commission announced a settlement Wednesday with crypto lending startup Rari Capital and its co-founders Jai Bhavnani, Jack Lipstone and David Lucid.
Professor Crypto allegedly removes "Best Content Creator" award posts after accusations of using fake engagement strategies.
Ethereum faces liquidity pressure, but bullish indicators and ETF outflows persist.
Popular crypto analyst Benjamin Cowen thinks Ethereum (ETH) is close to bottoming out against Bitcoin (BTC). Cowen tells his 856,500 followers on the social media platform X that he thinks the ETH/BTC ratio will bottom out between 0.03-0.04 BTC and then trend up next year.
Ripple's XRP is facing a challenging period as it struggles to recover from a significant market slump.
A quick look at the so-called "sidechain" Fractal Bitcoin.
The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL).
Ethena Labs, a leading decentralized finance (DeFi) provider known for its synthetic dollar operations, experienced a major security breach on September 18. Hackers compromised the front end of Ethena's website, prompting an immediate response from the company.
During the U.S. trading session on Wednesday, the cryptocurrency market witnessed a sudden uptick following the Fed interest rates by 50 BPS. The Bitcoin price surged above $60000 and sparked a renewed recovery momentum in the altcoin market.
Across the five swing states the group visited, 4 million total Americans own crypto, with 83% of them saying they are planning to cast their votes on Nov. 5.
The U.S. Securities and Exchange Commission settled charges with decentralized finance lending platform Rari Capital and its co-founders.
The U.S. SEC settled charges against DeFi platform Rari Capital, Inc. after finding that the firm and its co-founders misled investors.
Global accounting firm KPMG believes that strong custodial practices are key to boosting Bitcoin (BTC) adoption among institutions and businesses. According to its recent report titled “The Importance of Custodians in Bitcoin Adoption and Ownership,” custodians play a crucial role in safeguarding Bitcoin holdings and are vital for the industry's growth.
