Ethereum’s native token, Ether is up 7.51% over the last few days, reaching an intraday high of $3,421 on Jan. 24. It also recovered back above its 100-day SMA level on the daily chart after breaking below it last week.Let’s look closer at the facto
Crypto markets will witness nearly $4 billion worth of Bitcoin and Ethereum options expire today.Market watchers are particularly attentive to this event due to its potential to influence short-term trends through the volume of contracts and their
Ether could be set for a “tactical breakout” after the US Securities and Exchange Commission revoked a crypto accounting rule that had made financial firms hesitant to offer crypto services, says a crypto analyst.“This could be a pivotal moment for E
The total stablecoin supply on Solana has reached new all-time highs, exceeding $10 billion for the first time.According to DeFiLlama data, the value of stablecoins on the Solana network has soared by nearly 110% since the beginning of January, climb
Ethereum scaling plans and network applications should start supporting the network’s native ether to further bump value for the asset, co-founder Vitalik Buterin wrote in a post on Friday.“We should pursue a multi-pronged strategy, to cover all maj
Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange’s hot wallets, resulting i
An institution-focused Ethereum marketing firm has launched with “perfect timing” to pitch the bull case for the blockchain to Wall Street with US President Donald Trump now in office, says Anthony Sassano.Etherealize, backed with funding from the Et
Illuvium has announced the “Phantom Guild Gauntlet Clash №7”, scheduled to occur from February 1 to February 8, 2025. This event is part of the ongoing Gauntlet Tournaments series within the platform.ILV InfoIlluvium is a role-playing game (RPG) buil
On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised t
Ethereum co-founder Vitalik Buterin posted a cautionary screed about TRUMP, political meme coins, and the current state of the crypto industry.He noted that Gensler left a regulatory loophole in differentiating governance tokens from securities, whic
Livepeer has announced a new date for the ComfyUI hacker program demo day on Discord, which will now take place on January 31st at 17:00 UTC.The event will showcase real-time video AI innovations, including projects like live video object selection a
Vitalik Buterin, one of the co-founders of Ethereum, delved back into politics on social media, warning users about the consequences of elected officials launching “political coins.” In a Jan. 23 reply on X, Buterin said the regulatory space governin
Deribit, a major exchange, will stop supporting EthereumPoW (ETHW) and Polygon (MATIC) on February 13, 2025. This includes the end of MATIC/USDC trading, which might lead to traders exiting their positions in these assets. The need to withdraw or con
Ethereum is down $6.78 today or 0.21% to $3249.78Down two consecutive days, down 2.47% over this periodDown 2.84% month-to-dateDown 2.84% year-to-dateDown 32.3% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Up 46.54% from
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller, CoinDesk’s Opinion and Features editor.In this issue:DAO governance tool mergerEthereum Foundation dramaStablecoin
North Korean hackers are potentially behind the multi-million dollar exploit of the Phemex crypto exchange, according to multiple blockchain security experts. On Thursday, the Singapore-based exchange was breached, losing over $70 million worth of va
Litquity, the Ethereum-based lending and borrowing protocol, has launched the second version of its app, Litquity V2, marketing lead Samrat Lekhak told The Block in an interview. Unlike existing lending platforms, which typically set rates through pr
Agora, a blockchain governance startup, is set to acquire its competitor Boardroom. The company framed the acquisition as a strategic move to enhance governance within the broader Ethereum ecosystem, citing expectations of renewed growth in decentral
Payments remain the big unsolved use case of the internet. When we buy something online, we generally use a traditional payment method, like a credit card, which isn’t “native” to the experience. Your ability to transact with a merchant is verified b
It took institutions over a decade to take bitcoin seriously as an investment vehicle, even though well-known financial pioneers had embraced the largest cryptocurrency on the market years earlier.But not even one year after the launch of the spot b