Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis – CoinDesk
The big advantage of creating a financial market on a permissionless network is that there are no rules. That may also be a drawback. Data released Thursday by on-chain research firm Chainalysis suggests that 54% of all tokens launched on Ethereum in 2023 were a pump-and-dump scheme in which insiders defrauded the market and profited. […]
Solana's Jupiter Hits $1.2 Billion in Daily Volume, Outpacing Uniswap on Ethereum – Decrypt
jupiter giant JUP token airdrop Claim started on Wednesday,Solana volume decentralized exchange (DEX) aggregators have soared to new heights in the process. According to the data of both CoinGecko Like Jupiter itself, the platform reached more than $1.2 billion in daily trading volume in the past 24 hours. This makes it the top among all […]
Proto-Danksharding Ahoy! Ethereum Upgrade Clears Another Hurdle – Decrypt
A highly anticipated upgrade to the Ethereum network called Dencun has cleared a major hurdle and became active on the Sepolia testnet on Tuesday. This development follows his activation on the Goerli testnet earlier this month. Dencun introduces “proto-dunksharding” to the number one proof-of-stake blockchain. protodunk sharding is designed to reduce transaction costs and cheap […]
Crypto Whales Taking Advantage of Bitcoin, Ethereum and Chainlink Dips, According to Lookonchain – The Daily Hodl
Crypto whales are buying up the correction in digital asset markets, according to blockchain tracking firm Lookonchain. According to Lookonchain, as Ethereum's price fell, “smart whales” with a solid track record of profitable trading bought up more than 3,600 ETH. “After the price of ETH fell, [on Friday]this clever whale bought back 3,600 ETH ($8.9 […]
This Week in Coins: Despite ETF Hype, Bitcoin and Ethereum Plunge Hard – Decrypt
Illustration by Mitchell Preffer of Decrypt. More than a week after the launch of the Spot Bitcoin Exchange Traded Fund (ETF), the cryptocurrency market is in trouble. Over the past week, Bitcoin (BTC) has lost more than 10% of its value. according to To CoinGecko. The largest digital coin by market capitalization currently costs $41,002. […]
Shiba Inu (SHIB) Rapidly Breaks Down, Ethereum (ETH) Loses Traction, While Solana (SOL) Presents Hidden Opportunity – U.Today
Armand Sirignan Unfortunately, this time the crypto market lost the battle with the bear. Read U.TODAY google news The Shiba Inu has experienced a significant decline since its recent consolidation phase. The chart is on a clear downward trajectory as SHIB has failed to maintain its position within the ascending triangle pattern it has formed […]
SEC Punts Fidelty Spot Ethereum ETF Decision to March – Decrypt
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on Fidelity's proposed Spot Ethereum ETF to March 5th. According to Thursday filingthe SEC specified a “longer period for taking action on proposed rule changes” in order to have “sufficient time to consider the proposed rule changes and the issues raised […]
Laser-Eyed Franklin Templeton Sets Sights on Ethereum, Solana After Bitcoin – Decrypt
Global investment firm Franklin Templeton opined on the benefits of layer-1 blockchains Solana and Ethereum in a series of tweets on Wednesday, leading to speculation about the investment giant's next move. Franklin Templeton, one of the world's largest asset management firms, manages more than $1.4 trillion in assets. “As blockchain fees and performance improve, we […]
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple – CoinDesk
The Wall Street machine needs to be fed, and pushing more crypto ETFs is an obvious choice, especially given the focus on Bitcoin. (Bitcoin) The products have been collected. This essentially means thousands of salespeople meet to showcase a new product, explain its features, and see if people want to buy it. But sell the […]