As Ethereum’s price slips, major firms are taking advantage of the dip. Joe Lubin-backed SharpLink has increased its holdings to 859,853 ETH (worth about $3.5 billion), while Tom Lee’s BitMine has accumulated 3.24 million ETH—roughly 2.7% of the total supply, valued at around $13 billion. Ethereum’s price has faced some downward pressure lately, but big…
The Pi Network price remains stuck near record lows, despite developers unveiling a major App Studio upgrade aimed at boosting ecosystem growth. App Studio Upgrade Fails to Lift Sentiment The new App Studio update is designed to make it easier for developers to build decentralized applications (dApps) within the Pi Network ecosystem. The update includes…
Bitcoin was trading around $111,925 at press time, down approximately 1.3% over the past 24 hours, as escalating tensions between the U.S. and China dampened investor sentiment and prompted traders to reduce their leverage. Despite the price dip, trading activity has increased. According to CoinGlass, Bitcoin’s 24-hour spot trading volume jumped 35% to $90 billion,…
A new legal defense initiative, supported by the Ethereum Foundation and the Keyring network, is raising funds for Tornado Cash developers Roman Storm and Alexey Pertsev. The effort aims to “pioneer open-source legal defense funding,” ensuring privacy-focused developers receive fair legal representation. Launched on Thursday, the initiative had already raised over $22,000 by Friday morning,…
Abu Dhabi Airports is stepping into the future of digital finance. On Friday, October 10, the company announced a strategic partnership with Al Hail Holding and leading fintech firm Xare to launch a digital wallet pilot program at Zayed International Airport, the main gateway to the UAE capital. This innovative initiative will allow inbound travelers…
Record 2.44M ETH Worth $10B in Validator Exit Queue with 42-Day Wait as Institutional Holdings Hit 12.47M ETH, and ETF Inflows Reach $621.4 in October A record $10 billion worth of Ethereum (2.44 million ETH) is currently stuck in the validator exit queue, as stakers rush to withdraw their funds—raising concerns about a possible ETH…
Analysts Highlight $1,000 Potential as Solana Prepares for Major Network Upgrade Solana Holds above $200 as Market Anticipates Real-Time Upgrade Solana (SOL) has held firm above the $200 level this week, supported by lower interest rates and a weaker U.S. dollar. These macro trends have helped sustain bullish sentiment and renewed investor focus on Solana’s…
Bitcoin surged as Wall Street investors increased their holdings, reflected in the strong inflows into spot Bitcoin ETFs. Recent data shows that these ETFs have attracted over $60 billion in inflows, with their total assets rising to $164 billion. BlackRock’s IBIT ETF is leading the way, approaching the $100 billion mark, making it the fastest…
According to ESMA’s chair, the plan to consolidate crypto regulation under one authority will help integrate Europe’s financial markets and attract more global investment. The goal is to make supervision simpler, faster, and more transparent. The European Union is preparing a major shift in financial oversight that would place cryptocurrency platforms, stock exchanges, and clearing…
Bitcoin, the crypto market’s barometer, is still performing well. It has increased 4.2% over the past seven days to trade at over $68,500. If Bitcoin surpasses the $70,000 level, analysts predict that it may trigger a new wave of FOMO (fear of missing out), which would increase the liquidity in the cryptocurrency markets. Altcoins like…