The sudden crypto market downturn saw 213,729 traders get liquidated for a total of nearly $600 million over the past 24 hours. Read More at https://cointelegraph.com/news/crypto-longs-liquidated-market-downturn-bitcoin-price-decline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Ether will ‘knock on $4,000’ and soon outperform Bitcoin: Novogratz
Galaxy Digital CEO Michael Novogratz says institutional interest may be the secret sauce that sees Ether outperform Bitcoin in the next three to six months. Read More at https://cointelegraph.com/news/ether-price-4k-surge-outperform-bitcoin-galaxy-digital-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitmine gobbles over $2B in ETH in 16 days amid treasury arms race
Chairman of BitMine’s board of directors, Tom Lee, said the company wants to acquire and stake at least 5% of the total Ether supply, which would be over 6 million Ether. Read More at https://cointelegraph.com/news/bitmine-is-largest-ether-holder-after-16-day-blitz?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Auction house Christie’s debuts crypto-only real estate team
Christie’s, a crypto-forward auction house, has created a team dedicated to facilitating real estate deals that will solely use crypto. Read More at https://cointelegraph.com/news/christies-makes-crypto-real-estate-team-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether vulnerable as ‘meaningful unwinding’ on horizon — Analyst
The surging borrowing rates in the Ethereum network may send “ripple effects across the Ethereum ecosystem,” says a crypto researcher. Read More at https://cointelegraph.com/news/ether-price-vulnerable-unwinding-weth-borrowing-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US crypto legislation drives $4B surge in stablecoin supply
Regulatory clarity is opening the door for banks, asset managers, and crypto firms to roll out new stablecoin products. Read More at https://cointelegraph.com/news/us-crypto-legislation-4b-surge-stablecoin-supply?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ex-Gemini, Kraken exec appointed as CEO of crypto advocacy group
Ji Hun Kim became acting CEO of the Crypto Council for Innovation in December 2024 after the departure of Sheila Warren. Read More at https://cointelegraph.com/news/ji-hun-kim-ceo-crypto-council-innovation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MEV arbitrageurs on Ethereum increasingly centralized — Research
Arbitrageurs who exploit price discrepancies between centralized and decentralized crypto exchanges are harming network decentralization, new research finds. Read More at https://cointelegraph.com/news/mev-arbitrageurs-ethereum-centralized?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin is losing its bullish momentum: Is a drop to $115K next?
Bitcoin may face a short-term dip as a bearish divergence, CME gap, and a high IBCI reading point to downside below $115,000. Read More at https://cointelegraph.com/news/bitcoin-is-losing-its-bullish-momentum-is-a-drop-to-dollar115k-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP vs ETH: Which token is quietly outperforming in whale-fueled rallies?
XRP vastly outperformed ETH over the past year, but institutional investor demand for Ether could change the trend. Read More at https://cointelegraph.com/news/xrp-vs-eth-which-token-is-quietly-outperforming-in-whale-fueled-rallies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound