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Spot Bitcoin ETFs Ride Ethereum ETFs Coattails As BlackRock Sees Record Daily Inflows Ethena’s USDe Faced Nearly $100M in Redemptions This Week, Marking Crucial Synthetic Dollar Stress Test Ethereum Picks Up Speed as Bitcoin Eyes Recovery Toward $60K: Here’s the Next ETH Price Trend ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk? Solana Trader Who Made $10 Million With Dogwifhat Bets That This $0.01831 Ethereum Token Will Reach $50 Vitalik Buterin Unveils Roadmap for Ethereum Layer-2 Interoperability Ronin Network exploited for $9.8M in ETH, white hat hacker suspected Ethereum (ETH) Whales Dive Into Mpeppe (MPEPE) Ecosystem Utility On ETH Blockchain Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows 4 Best Cryptos for December 2024: BlockDAG, Shiba Inu, Pepe Coin, and Dogecoin

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Spot Bitcoin ETFs Ride Ethereum ETFs Coattails As BlackRock Sees Record Daily Inflows

Spot Bitcoin ETFs are riding high on the success wave of Ethereum ETFs, fueling a surge in crypto investments like the ETFSwap (ETFS) presale, as BlackRock reports record-breaking daily inflows. This exciting trend marks a new era in the cryptocurrency market, drawing unprecedented interest and capital. Spot Bitcoin ETFs are currently experiencing a significant boost in popularity, riding on the success wave of Ethereum ETFs. This surge in Spot Bitcoin ETFs has led to record-breaking daily inflows for BlackRock, a leading asset management firm. BlackRock’s iShares Bitcoin Trust (IBIT) has recently achieved a notable milestone, with an inflow of $526...

06.08.2024

Ethena’s USDe Faced Nearly $100M in Redemptions This Week, Marking Crucial Synthetic Dollar Stress Test

Despite the current market volatility and criticism about the risks associated with synthetic stablecoins, Ethena has taken steps to manage these challenges. Ethena’s USDe stablecoin has recently experienced significant stress, with nearly $100 million in redemptions occurring over the past week. This redemption surge has come during a broader market downturn, including a notable drop in Bitcoin prices to below $50,000 and Ether losing its gains for the year. The large-scale redemptions are part of a broader market selloff, which has seen major liquidation events in both centralized and decentralized trading platforms. Despite the challenging conditions, USDe has managed to...

06.08.2024

Ethereum Picks Up Speed as Bitcoin Eyes Recovery Toward $60K: Here’s the Next ETH Price Trend

The cryptocurrency market is experiencing its poorest daily trend since the November 2022 collapse of the FTX crypto exchange, reflecting a massive long liquidation in global markets. As Bitcoin’s price fell below the $50,000 mark, the price of Ethereum plunged to an eight-month low near $2,000. However, with Bitcoin now targeting a rebound towards $60,000, Ethereum could also see a bullish recovery as buyers begin to dominate the market. Sellers Started Their Liquidation Process As ETH price strongly defended the $2.1K level, there’s a surge in selling positions being liquidated after a brief $350 million worth of long liquidation. Data...

05.08.2024

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Spot Bitcoin ETFs Ride Ethereum ETFs Coattails As BlackRock Sees Record Daily Inflows

Ethena’s USDe Faced Nearly $100M in Redemptions This Week, Marking Crucial Synthetic Dollar Stress Test

Ethereum Picks Up Speed as Bitcoin Eyes Recovery Toward $60K: Here’s the Next ETH Price Trend

ETH Crashes 20%! Hackers Buy Big with Stolen Funds – Are You at Risk?

The crypto market is a rollercoaster, and no one knows this better than the hackers who thrive on its volatility. On August 5th, as Ethereum (ETH) took a dramatic plunge, a select group of cybercriminals saw a golden opportunity. With ETH prices plummeting over 20%, these criminals poured millions in stolen crypto into the market. Here’s more on this. Return of the Pancake Bunny Hackers Blockchain security firm PeckShield revealed a shocker. The hackers from the 2021 Pancake Bunny hack are back. They bought 2.922K ETH with a huge 7.8M DAI. These guys stole $46 million back in 2021, crashing...

Solana Trader Who Made $10 Million With Dogwifhat Bets That This $0.01831 Ethereum Token Will Reach $50

A Solana trader who made a staggering $10 million profits from $1,500 investments into Dogwifhat (WIF) is driving insane FOMO in the crypto community as he bets big on the ETFSwap (ETFS) viral presale token selling at $0.01831 to rally 2,500x and reach $50 in 2025. Dogwifhat (WIF) Falls Behind As Solana Trader Liquidates Profits Dogwifhat (WIF) is suffering bearish declines, falling behind top price gainers in the crypto markets after a profitable Solana trader who made $10 million profits investing into WIF liquidated holdings to position into the ETFSwap (ETFS) viral ICO. The Solana trader is also driving a...

Vitalik Buterin Unveils Roadmap for Ethereum Layer-2 Interoperability

TLDR Vitalik Buterin has outlined a plan for cross-chain interoperability between Ethereum layer-2 networks The plan includes several Ethereum Improvement Proposals (EIPs) aimed at enhancing cross-L2 compatibility Key proposals include EIP-3370 for a new address standard, EIP-7683 for cross-L2 communication, and EIP-3668 for off-chain data access Buterin predicts that all rollups will eventually adopt zero-knowledge technology, but this transition may take over 5 years VanEck has predicted that Ethereum L2 scaling networks could reach a $1 trillion market cap within six years Ethereum co-founder Vitalik Buterin has presented a comprehensive plan to address one of the most pressing challenges in...

Ronin Network exploited for $9.8M in ETH, white hat hacker suspected

Ronin Network has lost $9.8 million worth of Ether in a potential exploit, adding to the rising number of cryptocurrency hacks in 2024. The network, one of the most popular gaming blockchains, lost 3,996 Ether ETH $2,642 tokens worth over $9.8 million. However, the exploit may originate from a white hat hacker, or ethical hacker, who is performing exploits to find the vulnerabilities in a crypto protocol, according to an Aug. 6 X post by PeckShield. Ronin Network exploit. Source: PeckShieldAlert After discovering a vulnerability and proving the code is bugged, white hat hackers return the stolen funds. If the...

Ethereum (ETH) Whales Dive Into Mpeppe (MPEPE) Ecosystem Utility On ETH Blockchain

Ethereum (ETH) whales are setting their sights on an emerging star: Mpeppe (MPEPE). As Ethereum (ETH) continues to underpin a myriad of innovative projects, Mpeppe (MPEPE) is carving out its niche by offering a unique blend of blockchain technology, sports enthusiasm, and meme culture. Here’s why Ethereum (ETH) whales are increasingly drawn to the Mpeppe (MPEPE) ecosystem and its utility on the ETH blockchain. Unveiling the Mpeppe (MPEPE) Ecosystem: A New Paradigm on Ethereum (ETH) Ethereum (ETH) has long been celebrated for its versatile blockchain technology, which supports a wide range of decentralized applications (dApps) and smart contracts. Mpeppe (MPEPE),...

Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows

Bitcoin might become part of Amazon’s treasury strategy as the online retail giant’s shareholders are pushing for the adoption of the cryptocurrency in its assets. If Amazon embraces digital assets, it will join other business titans exploring the inclusion of Bitcoin in their asset portfolios. Bitcoin As Financial Reserve Option Shareholders of Amazon urged the online retail store to evaluate the possibility of adding Bitcoin to its balance sheet, saying that the firstborn cryptocurrency could enhance the investors’ value in the long term because it is one way of protecting it from inflation. A US-based think tank told Amazon to...

4 Best Cryptos for December 2024: BlockDAG, Shiba Inu, Pepe Coin, and Dogecoin

You are here: Home / News / 4 Best Cryptos for December 2024: BlockDAG, Shiba Inu, Pepe Coin, and Dogecoin The altcoin market is expanding fast, presenting new opportunities for cryptocurrency enthusiasts to explore potential high-return options. December 2024 will showcase a notable collection of best altcoins, each distinguished by unique attributes and potential for significant gains. Four standout choices — Dogecoin, Shiba Inu, Pepe Coin, and BlockDAG — are currently drawing attention. This overview delves into the attributes of these four leading cryptos for December 2024, focusing on their community support, innovative technology, and potential for growth. Let’s examine...