Browsing yearly archive

2024

Bitcoin surges past $65k to push 90% of holders into profit

BTC price rose to $65,500 on major exchanges, a 7-week high. The upside sees most Bitcoin holders in profit, which IntoTheBlock puts at over 90% Bitcoin has spiked past $65,000, reaching the highest price level since early August 2024. The surge to the $65k level, with BTC hitting $65,500 on Coinbase, has put more than […]

PayPal enables crypto buying and selling for US business accounts

PayPal enables US business accounts to buy, hold and cell crypto. Service will initially be unavailable to users in New York State. PayPal has expanded the feature that allows consumers to buy, hold and sell cryptocurrencies in the US to business accounts. In an announcement on Sept. 25, PayPal said clients with businesses across the […]

Whale dumps $3 million worth of INJ and buys LDO

The whale sold over 150k Injective (INJ) tokens worth over $3.29 million. According to Lookonchain, the whale acquired 2.44 million Lido DAO (LDO) worth over $3.05 million. INJ price dipped slightly while LDO rose A whale has sold a significant amount of Injective (INJ) and bought more Lido DAO (LDO) tokens. On Wednesday, Sept. 25, […]

EigenLayer prepares for EIGEN token transfer restrictions lift on Sept. 30

EigenLayer will lift EIGEN token transfer restrictions on September 30, 2024. Stakeholders must observe a 7-day withdrawal period to unstake EIGEN tokens. Pre-market values EIGEN tokens at $3.4, with TVL dropping from $20B to $12B. EigenLayer, a prominent restaking protocol, is set to remove transfer restrictions on its native EIGEN token, enabling stakeholders to trade […]

SUI price surges as TVL hits $1.3 billion

Sui has seen a more than 44% spike in price in the past week and 65% in 30 days. Gains come after the Grayscale Sui Trust opened for accredited investors. The SUI network’s total value locked has surpassed $1.34 billion. SUI price has surged by more than 44% in the past week to trade above […]

Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts

Ark Invest sold 44,609 shares of its ARKB Spot Bitcoin ETF for $2.8 million as part of a rebalancing strategy. The firm retains $139.7 million in ARKB, making it the second-largest holding in ARKW. US spot Bitcoin ETFs saw $4.5 million in inflows, while Ethereum ETFs faced outflows. Cathie Wood’s Ark Invest has made headlines […]

US spot Ethereum ETFs see largest daily outflows Since July

Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July. Grayscale’s ETHE recorded a significant $80.55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity’s FBTC. On Monday, US spot Ethereum ETFs experienced their largest daily outflows since late July, […]

Ethereum Foundation sells 300 ETH as price hits $2.5k

The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On September 20, the non-profit sold 300 ETH for over $760,000 as Ethereum’s price rose to above $2,500 The Ethereum Foundation has once again dumped more Ether tokens, this time offloading 300 ETH worth more than […]

Crypto exchange BingX hacked for $43 million

BingX’s hot wallet was hacked resulting in the theft of $43 million in cryptocurrencies Funds stolen included ETH, BNB, USDT, and over 300 other coins and tokens On-chain data shows the attacker quickly swapped most of the assets for Ethereum and BNB BingX has been hacked, with the security breach resulting in the draining of […]

Bitcoin wallets dormant for 15 years suddenly move BTC

Satoshi era bitcoin wallets dormant since 2009, have just moved 250 BTC to new wallet addresses. The five wallets transfered BTC in batches of 50 coins each. Bitcoin price traded around $63,500, having touched highs above $64,000 across major exchanges. Several Bitcoin (BTC) miner wallets that have been dormant for over 15 years suddenly woke […]