Verus-Ethereum Bridge sees $11.4M in abnormal asset outflows

On-chain data is pointing to another interesting accumulation move by Tom Lee’s BitMine Immersion Technologies, with a whale tracker flagging a $197.64 million Ethereum purchase routed through four newly created wallets. Related Reading: XRP Records Biggest Spike In Network Usage In 2 Months The latest Ethereum buy has come during a period of weakness, which has seen the Ethereum price losing $2,300, and $2,100 is now in focus. BitMine Adds 89,026 ETH As Treasury Accumulation Continues On-chain analytics firm Lookonchain flagged a series of transactions suggesting that BitMine, the cryptocurrency mining and treasury firm chaired by prominent investor Tom Lee, may have quietly acquired an additional 89,026 ETH valued at approximately $197.64 million at current market prices. According to Lookonchain, the funds were routed through four newly created wallet addresses, which received the ETH from major exchanges Kraken and FalconX. Lookonchain noted that the wallets were created shortly be

Ethereum trades near $2,195 as traders watch $2,100 support, while $2,600–$2,800 remains the next upside range. Ethereum traded near $2,195.8 on the daily chart, as analysts watched a key support zone near $2,100. The asset is attempting to recover after a sharp fall from higher levels. A move above nearby resistance could open the path […] The post Ethereum Eyes $2,800 Target While $2,100 Remains Critical Support Zone appeared first on Live Bitcoin News.

Why did the SOL and XRP ETFs saw only inflows, while the BTC and ETH counterparts were deep in the red?

Ethereum’s recent recovery phase has weakened considerably after repeated failures beneath the $2.4K major resistance level. The latest price action suggests bearish momentum is gradually building, while buyers struggle to maintain control above important support regions. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has experienced a notable bearish rejection after multiple […]

Ethereum's dominance in tokenized ETFs highlights its pivotal role in the future $20 trillion tokenization market, shaping finance's digital shift. The post Ethereum hosts 72.6% of all tokenized ETFs as market eyes $20 trillion by 2030 appeared first on Crypto Briefing.

The post Crypto Market Cap Falls to $2.62T as Bitcoin and Ethereum Decline appeared on BitcoinEthereumNews.com. The crypto industry is experiencing a significant downtrend, as the latest 24-hour data suggests. The total crypto market capitalization has hit $2.62T, showing a 1.77% decline. In addition to this, the 24-hour crypto volume has also decreased by 22.75%, reaching $84.23B. At the same time, the Crypto Fear & Greed Index is currently standing at 45 points, expressing “Neutral” sentiment among the market participants. Bitcoin ($BTC) Drops by 1.06%, and Ethereum ($ETH) Sees 1.69% Dip The flagship cryptocurrency, Bitcoin ($BTC), is now changing hands at $78,133.44. This price level indicates a 1.06% dip while the market dominance of Bitcoin ($BTC) is 60.2%. Additionally, the leading altcoin, Ethereum ($ETH), has also dropped by 1.69%, hitting $2,187.61. In the meantime, its market dominance sits at 10.2%. $TRUMP, $TSLA, and $LABUBU Dominate Crypto Gainers of Day Apart from that, t

The post Cardano Founder Denies Conspiring to Attack XRP appeared on BitcoinEthereumNews.com. The latest clash  The origins of “ETHgate” Charles Hoskinson, the controversial founder of Cardano and the chief executive officer of Input Output, has rejected allegations that he was involved in a scheme to crack down on the XRP token via regulation by enforcement.  Hoskinson has recalled his own contentious history with the Ethereum community to stress just how ridiculous such accusations are.  Hoskinson and Ripple recently made strides to mend their relationship, but the latest interaction proves that the infamous “ETHgate” conspiracy is pretty much alive and well among some conspiratorial minds of the XRP community.  Peter Brandt Warns Solana Could Crash Is Hyperliquid Worth All the Recent Hype? The latest clash  A user revelry accused Hoskinson of being involved in “#ETHgate”.  The somehow ridiculous term, which refers to the famous Watergate scandal, refers to a popular conspiracy theor

The post Pi Network Price Outlook Ahead of May 18 Protocol 23 Launch: Will PI Coin Rally? appeared on BitcoinEthereumNews.com. Pi Network price hovered at $0.159 on Sunday ahead of the highly anticipated Protocol 23.0 launch scheduled for May 18. The overall cryptocurrency market experienced a slight recovery following two days of bearish trading patterns.  The price of Bitcoin remained below $78,000 levels, with Ethereum near $2,180 and XRP trading above the $1.40 support level. Protocol 23 Upgrade Boosts Pi Network Development Pi Network’s upcoming Protocol 23.0 upgrade is poised to be another pivotal milestone in the project’s technical evolution.  The update will officially turn Pi Network into a programmable L1 smart contract and DApp platform. The launch also brings in enhanced development capabilities to boost the ecosystem growth on the Pi Network platform. Pi Network’s final Protocol 23 upgrade lands Monday with smart contracts in tow@PiCoreTeam confirmed Protocol 23 activates