SoFi Is Returning to Cryptocurrency, Beginning with Bitcoin and Ethereum
Simply Put Financial services company Sofi is now facilitating Bitcoin and Ethereum transactions for its users. Although Sofi initially offered cryptocurrency buying and selling, it halted these services in 2023. In the coming year, the company is expected to introduce support for stablecoins, cryptocurrency loans, and additional features. Based in San Francisco, Sofi plans to […]
NYSE Submits Request for Rule Change to List Trump Bitcoin Ethereum ETF
Simply put If approved, the proposed rule changes will enable a series of Bitcoin and Ethereum ETFs from Trump Media. Just eight days ago, Trump Media & Technology Group filed a prospectus for ETFs linked to the prices of Bitcoin and Ethereum. The Truth Social BTC and Eth Fund aims to strengthen connections to Trump […]
Crypto Bears Suffer Losses: $359M Vanishes as Bitcoin and Ethereum Recover
Cryptocurrency Market Sees Major Liquidation Event The latest data indicates that Bitcoin has rebounded, causing significant losses for short sellers and triggering a large wave of liquidations. Mass Liquidation in Crypto Sector Reports from Coinglass reveal a substantial liquidation in the cryptocurrency derivatives market. In this context, “closing” refers to a situation where an open […]
Ethereum developer proposes reducing halving slot times to 6 seconds and doubling blocks.
Ethereum developers have proposed a reduction in network blocking times, aiming to cut it from 12 seconds to 6 seconds ahead of the 2026 Glamsterdam update. This is encapsulated in Ethereum Improvement Proposal 7782, which was discussed during a meeting on June 21st. Core developer Barnabé Monnot put forth the idea of adjusting the timing […]
Ethereum (ETH) Rises 9% Following Trump’s Announcement of Israel-Iran Ceasefire to Conclude the ’12 DAY War’
Market Update: Ether Rises Amid Ceasefire Announcement Currently, Ether is priced at $2,420, reflecting an 8.61% increase over the past 24 hours. This surge follows surprising news of a ceasefire agreement between Israel and Iran, which seems to have alleviated some recent market turmoil caused by ongoing conflict. The announcement from former President Donald Trump, […]
Midnight Network Plans NIGHT Airdrop for Bitcoin, Ethereum, Cardano Users and More
Simply put Midnight Network plans to distribute night tokens to holders of Bitcoin, Ethereum, XRP, and Cardano. This privacy-centric blockchain is offering 100% of its 24 billion tokens to eligible claimants. To qualify, users need to hold at least $100 in supporting assets based on a snapshot taken on June 11th. Midnight Network, which is […]
$312M ETH Transfer Sparks Concerns of Sell-Off as Ethereum Price Drops Below Support
Large Ethereum Transfer Sparks Speculation Whale Alert, a service that tracks blockchain activity, recently announced a significant transfer of 129,392 ETH from an unidentified wallet to Coinbase, coinciding with a drop in Ethereum prices. Etherscan data shows this wallet hasn’t participated in large ETH transfers since November 2022. The abrupt activity raises speculation about a […]
Ethereum investor accumulates $39M even as ETH drops more sharply than Bitcoin
Key Takeaways Ethereum whales purchased $39 million in ETH amid a sharp market downturn triggered by US airstrikes in Iran. On June 21, these mega-whales added over 116,000 ETH, indicating strong buying sentiment. Technical analysis suggests that ETH could rebound by 25% to reach $2,735 in the near term. Wealthy Ethereum investors seem to be […]
Ethereum investor accumulates $39M even as ETH drops more steeply than Bitcoin.
Key Takeaway: The Ethereum whales have amassed $39 million in ETH during a sharp market drop linked to US airstrikes in Iran. On June 21, these mega-whales added more than 116,000 ETH, indicating strong buying sentiment. Current technical patterns suggest that ETH could rebound around 25% to $2,735 in the near term. Wealthy Ethereum traders […]
Ethereum Network Appears Stronger As Competing Layer-1 Gains Social Media Buzz
Ethereum’s Struggle Amid Network Growth Ethereum prices are currently underwhelming, yet its network activity is thriving, according to insights from Crypto Analytics firm Santiment. A recent update shared on social platform X noted, “The utility and expansion of networks appear to be better than ever.” “Weekly creation of new ETH addresses varies between around 800,000 […]