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Ethereum soars past $4,000 as institutional demand spikes
Ethereum (ETH) surged past the $4,000 mark on Aug. 8, hitting its highest level this year after a sustained market rally that saw it gain nearly 50% in the past […]
Crypto attracts $2.67B in funding during July, bolstered by Pumpfun and stablecoin interest
Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in […]
Stablecoin to settle $5 trillion and challenge SWIFT in 2026 amid $3.3T July volume
Stablecoin rails are on pace to challenge incumbent cross-border networks by 2026, as monthly on-chain dollar settlement already runs in the trillions and merchant access widens through mainstream processors. Per […]
Trump 401k order to drive up to $122 billion into Bitcoin, Ethereum through default flows
President Donald Trump signed an order on Aug. 7 allowing crypto in 401(k) plans, subject to agency rulemaking. The directive tells the Labor Department, the SEC, and Treasury to revisit […]
SharpLink raises another $200M to push Ethereum holdings beyond $2B
SharpLink Gaming has raised $200 million from institutional investors in a direct stock offering to further fuel its Ethereum (ETH) buying spree and take its holdings beyond $2 billion. The […]
Fake Ethereum trading bots on YouTube help scammers steal over $900K
Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised […]
Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns
Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 […]
Ethereum’s evolution threatens Bitcoin’s top store of value position
Ethereum is steadily positioning itself as a stronger contender to Bitcoin in the race for dominance as a store of value, according to analysts at VanEck. This shift is driven […]
Bitcoin and Ethereum traders lean bearish for August
Crypto traders are preparing for potential price declines in Bitcoin (BTC) and Ethereum (ETH) this August, with options data from Derive.xyz showing a clear tilt toward bearish positioning. Bitcoin bearish […]
Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders
Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens. Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, […]