The Ethereum Foundation recently sold 1,700 ETH for 2.738 million USDC at a price of $1,611 per coin. After the sale, ETH’s price dropped by 1.45%. Key Takeaways A ripple of consternation is weaving through the cryptocurrency market as on-chain data reveals substantial Ethereum (ETH) sales by the Ethereum Foundation and its co-founder, Vitalik Buterin,…
Solana’s top NFT platform is approaching the daily trader volume of all Ethereum-based NFT platforms combined, benefiting from its fast blockchain speed and low transaction fees. Key Points Solana’s leading NFT marketplace is making waves in the crypto world, boasting nearly as many daily traders as all Ethereum-based NFT platforms combined. This impressive feat is…
 On 2nd June, Coinbase announced that they are ready to launch Bitcoin and Ether futures soon. However, this will only be available to institutional investors. The future contract will be offered as 1 BTC and 10 ETH. According to the exchange, the future contracts will be launched on the 5th of June. The purpose of…
Arbitrium, a layer 2 solutions provider for Ethereum, has stepped back on its government voting systems after getting backlash from the token holders. Arbitrium had control over 750 million tokens worth $1B. Community Decision Matters April 2 was when Arbitrium tweeted that they would not be able to pass AIP-1, their first governance proposal, as…
Reddit is testing out nonfungible token (NFT) profile pictures on its platform, with the news coming just a week or so after Twitter implemented a similar feature. The popular social media platform had around 430 million monthly users in 2021 and is reportedly working on an NFT profile picture implementation that will enable users to set their…
The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being. After the Fed announcement from, prices across the cryptocurrency…
Bitcoin (BTC) could still fall under $30,000, but some prominent sources are already calling the end of the latest bearish turn on BTC/USD. In a tweet on Jan. 25, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, eyed Bitcoin’s position relative to its 20-week moving average, noting that historically, current levels have marked a turning…
Major crypto exchange Coinbase has given a $150,000 grant to Hope for Haiti as part of a pilot program aimed at providing financial assistance to Haitians experiencing social and economic hardship. In a Tuesday announcement, Hope for Haiti said Coinbase would be making the $150,000 contribution to its pilot project with financial inclusion-driven firm Emerging…
