Ethereum and Bitcoin have had an interesting relationship, with Bitcoin often outperforming Ethereum in terms of investment returns. However, recent trends suggest that Ethereum may be on the verge of entering an accumulation phase, where its market value could turn the tides. In this article, we will delve deeper into the factors that could influence
Bitcoin
The ongoing trial against FTX co-founder Sam Bankman-Fried has taken an intriguing turn with the testimony of Zac Prince, the CEO of defunct crypto lender BlockFi. Prince’s appearance in a Manhattan federal courtroom shed light on the intricate relationship between BlockFi, FTX, and Alameda Research. his testimony provided valuable insights into BlockFi’s exposure to Alameda
A trader on Aave, a decentralized liquidity protocol operating on multiple platforms, has recently started selling wrapped Bitcoin (WBTC) to repay outstanding debt. This move comes as the trader faces the risk of collateral liquidation due to a decreasing health factor. In this article, we will delve into the details of the trader’s situation and
The recent remarks by Charles Hoskinson, the founder of Cardano, regarding the US Securities and Exchange Commission’s (SEC) treatment of Ethereum have generated significant debate within the crypto community. In an X (formerly Twitter) AMA session, Hoskinson expressed his opinion on the SEC’s alleged regulatory free pass to Ethereum, highlighting what he perceives as unequal
The Open Network (TON) Foundation, in collaboration with Alibaba Cloud, has recently announced its plans to organize a performance testing event on October 31, 2023. The primary objective of this event is to establish the TON blockchain as the world’s fastest blockchain to receive accreditation from the Guinness World Records. With a significant increase in
The Ethereum market experienced a significant downturn on Monday as the Ethereum Foundation began selling coins. This sudden plunge triggered a chain of liquidation events, causing ETH traders to endure colossal losses in just one day. By October 10th, the Ethereum liquidation figures skyrocketed to over $32 million due to the price crash. The brunt
Bitcoin price is currently showing positive signs of holding gains above the $27,450 zone and is eyeing a fresh increase towards the $28,500 resistance. The cryptocurrency market has been quite volatile lately, with Bitcoin experiencing a downside correction after failing to clear the $28,500 resistance zone. However, the price has managed to find support near
In the fast-paced and ever-changing world of Bitcoin, investors and traders constantly monitor whale activities due to their potential impact on the market. These whale transactions, characterized by their large volumes, have the power to initiate a series of market movements. Recently, the Bitcoin community witnessed an intriguing event as a particular whale, dormant for
Binance, known as the largest cryptocurrency exchange in the world, has recently released its 11th report on its reserves. The numbers presented in the report are nothing short of staggering, with particular attention given to Binance’s XRP holdings. Over the past month, there have been reports of investors depositing XRP into exchanges, and this is
Solana (SOL), a prominent proof-of-stake blockchain, has recently released version 1.16, which includes an upgrade for enhanced user privacy called “Confidential Transfers.” This update brings encrypted Solana Program Library (SPL) token transactions, prioritizing confidentiality over anonymity. With the adoption of version 1.16 by a majority of Solana’s network validators, the development process spanning ten months
