Tag: ETH

Bybit Hackers Have Already Swapped $1.2 Billion in ETH to BTC

Key Notes Bybit CEO says that over 84% of the hacked funds have been swapped to Bitcoin. More than 27% of the assets moved through mixers. The exchange has received more than 5,400 bounty reports since the hack. Bybit CEO Ben Zhou shared the latest updates about the exchange’s $1.4 billion hack. Zhou wrote in an X post that 68.5% of the stolen funds, roughly $960 million, are still traceable, while the exchange has already lost track of 27.5% of lost assets, worth over $386 million. 4.21.25 Executive Summary on…

BTC Leads XRP, ETH, and ADA Higher as Perceived Threat to Fed Independence Sends Dollar Crashing

Bitcoin (BTC) outshined the otherwise volatile alternative cryptocurrencies early Monday as the dollar index crashed to a three-year low on reports that President Donald Trump is exploring ways to remove the Federal Reserve Chairman Jerome Powell. BTC rose over 2% to $87,200, hitting the highest since April 2, according to data source CryptoX. The move marked a bullish resolution to the recent consolidation between $83,000 and $87,000. Major alternative cryptocurrencies such as payments-focused XRP, Ethereum’s ether and Cardano’s ADA rose over 1% each, lagging BTC. In FX markets, hedge funds…

Samson Mow says ETH, SOL, and XRP are overvalued when measured against Bitcoin supply 

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Entrepreneur and JAN3 CEO Samson Mow has shared an analysis claiming that Ethereum, XRP, and Solana are overvalued when measured against Bitcoin’s fixed supply model. His argument mainly focuses on reframing altcoin values to combat what he terms “unit bias.” “You can buy one twenty-one millionth of the BTC supply for ~$85,000,” Mow stated on X. He referenced Bitcoin’s (BTC) capped supply of 21 million coins. Mow then calculated equivalent values for major altcoins by dividing their market capitalizations by 21 million to establish comparable metrics. Most alts take advantage…

Buy ETH? Tron Founder Remains Bullish amid Whale Purchases

Key Notes Tron founder Justin Sun has confirmed that he will not be selling a single ETH from his holdings. ETH price has crashed a massive 20% in the past week as gas fees hit lowest levels in five years. Sun also hinted at a potential collaboration between the Tron and Ethereum ecosystems. Tron founder Justin Sun is choosing conviction over capitulation, declaring that he has no intention of selling his Ethereum ETH $1 583 24h volatility: 1.3% Market cap: $191.05 B Vol. 24h: $9.56 B holdings despite bearish sentiment…

Ethereum Whales Offload 143,000 ETH In One Week – More Selling Ahead?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is trading around the $1,600 level after several days of failed attempts to reclaim higher prices. Bulls are showing signs of life, but their momentum remains weak as…

Galaxy Digital Deposited 49,681 ETH into CEXs: Is Another Selloff Coming?

Key Notes Galaxy Digital’s movements hint at a potential selloff. This could push ETH below the $1,600 mark. ETH-based ETFs also struggle, strengthening bearish sentiment. Galaxy Digital, a crypto investment service provider, has been depositing Ethereum ETH $1 600 24h volatility: 1.6% Market cap: $193.20 B Vol. 24h: $12.96 B into the top cryptocurrency exchanges, Binance and Coinbase. According to an X post by Lookonchain, Galaxy Digital sent a total of 49,681 ETH, worth nearly $80 million, to Binance and Coinbase between April 12 and 17. The deposits came from…

Ethereum L2 development is ‘double-edged sword’ for ETH value

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Ethereum’s push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world’s second-largest cryptocurrency, according to a new report from Binance Research. The report suggests that Ethereum’s L2 blockchain networks — built to improve mainnet scalability and lower transaction costs — may be cannibalistic of the Ethereum base layer, negatively impacting the price of Ether (ETH). Ethereum’s dominance in terms of decentralized exchange (DEX) volume and fees generated is “under threat” by Solana and BNB Smart Chain, Binance Research wrote.…

Price analysis 4/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO

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Bitcoin price pushed above a long-term descending trendline but will potential selling near 200-MA cap the upside in BTC and altcoins? Bitcoin (BTC) bulls are trying to start the week on a positive note by pushing the price above $85,000. Michael Saylor’s Strategy has used the recent dip to buy 3,459 Bitcoin for $285.5 million at an average price of $82,618. That boosts the total holding of the firm to 531,644 Bitcoin purchased at an average price of $67,556. However, not everyone is bullish in the near term. Several institutional…

Pi Network (PI) Eyes $1 Post Chainlink and Possible ETH Integration

Key Notes Pi Network is reportedly planning to integrate with the Ethereum Blockchain. Chainlink recently added Pi to its 22 new real-time decentralized data feeds. Pi is currently trading near $0.75, a key resistance level. Pi Network is reportedly integrating with the Ethereum blockchain, a move set to revolutionize how decentralized applications built within the Pi ecosystem handle on-chain payments. Earlier today, Pi advocate Brian Christian Alexander revealed that developers will soon be able to link ERC-20 wallets to accept fast and secure USDT and USDC payments. The Times of…

Ethereum Whale Moves Big: 16K ETH Buy Sparks Price Floor Hype

Key Notes An Ethereum whale purchased a massive 15,953 ETH worth $26.16 million. Analyst Merlijn The Trader has predicted that ETH could hit $8,000 soon. Ethereum Foundation’s Tomasz Stańczak shared a simplified ETH roadmap. Leading digital asset Ethereum ETH $1 639 24h volatility: 1.2% Market cap: $197.69 B Vol. 24h: $15.21 B has reclaimed the $1,600 price level after underperforming the majority of the current market cycle. However, market analysts suggest that the digital asset has potentially reached the bottom and the rally could resume from hereon. In a transaction…