Ethereum Co-Founder Vitalik Buterin sends 400 ETH to Coinbase

Ethereum co-founder Vitalik Buterin made a deposit of 400 ether (ETH) on a Sunday Evening, to the crypto exchange Coinbase. The Ethereum is equivalent to approximately $632,000 at the moment, as value of ETH stands at $1577.8 while writing this article. This information was obtained from etherscan, a website that scans the Ethereum blockchain. The […]

Former Goldman Sachs Exec Raoul Pal predicts Solana to Outperform Bitcoin

Former Goldman Sachs executive macro guru Raoul Pal is optimistic about the cryptocurrency market, referring to the current phase as “crypto spring” and expecting a forthcoming “macro spring.” “We are in ‘crypto spring’ right now, about to enter macro spring,” he said. Speaking on Thursday at Mainnet 2023, Pal stated that he believes Ethereum is […]

Ben Armstrong raises $54,000 in hours to fight legal battle against Hit Network

Crypto influencer Ben Armstrong has raised over $54,000 in donations within hours for his legal fight against Hit Network. Armstrong alleged that the organization has not only taken away his financial resources but also left him unable to defend himself. He reached out to his followers on X to seek assistance in funding his legal […]

Raoul Pal is bullish on Solana’s, says can emerge as Ethereum rival

Former Goldman Sachs executive, Raoul Pal, has expressed his bullish stance on Solana (SOL), highlighting its potential as a rival to Ethereum (ETH). Pal praised Solana’s co-founder, Anatoly Yakovenko, and commended the blockchain’s growing developer community and public awareness. He believes that Yakovenko’s leadership style positively represents the Solana ecosystem. Pal also noted Solana’s engaged […]

90% of crypto market’s liquidity controlled by just 8 players

A recent report has highlighted that approximately 90% of the cryptocurrency market’s liquidity is controlled by just eight centralized exchanges (CEX). These exchanges include Binance, Coinbase, Kraken, OKX, KuCoin, Bybit, Binance.US, and Bitfinex. This concentration of liquidity among a few entities raises concerns about the decentralization of the industry. The dominance of these exchanges becomes […]

Ethereum hits six-month low: Is capitulation on the horizon?

Ethereum has reached a six-month low of $1,540, accompanied by significant changes in the movement of old coins, suggesting the possibility of capitulation, according to on-chain analytic platform Santiment. The Mean Coin Age (MCA) indicator has dropped, indicating a large movement of long-term inactive coins on the Ethereum network. This data aligns with Santiment’s belief […]

Ethereum addresses in Profit Plummet to 53.5% – Glassnode

The percentage of Ethereum addresses currently in profit has fallen to approximately 53.5%, according to blockchain intelligence platform Glassnode. This drop is attributed to the recent decline in Ether’s market performance, with its price sliding around 13% in the past month. Glassnode’s data suggests that the last time Ethereum addresses in profit dipped below 54% […]