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Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days


While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi)...

Is this the Next Big P2E Meme Coin? PlayDoge ICO Starts With a Bang


The new PlayDoge ($PLAY) presale has kicked off with a bang, having raised $250K in its opening day. With the project introducing a new Play-to-Earn (P2E) game to the meme coin market, PlayDoge is well-positioned between two hot crypto narratives, hinting a successful run is on the horizon....

Ether’s dominance over Bitcoin to endure, predicts crypto asset manager


A prominent crypto asset manager has predicted that Ether (ETH) will maintain its dominance over Bitcoin (BTC) in the foreseeable future, marking a significant shift in the cryptocurrency landscape. This forecast underscores the evolving dynamics within the digital asset market, where Ether’s...

Two BlackRock funds purchase shares in its IBIT spot Bitcoin ETFs


According to the information that was made public by the SEC, two funds that are managed by BlackRock have acquired shares within the company’s spot bitcoin exchange-traded fund, which is known as IBIT. The two companies involved are big-time players in Wall Street, one being BlackRock...

Dormant Bitcoin Address Awakens After a Decade, Moves $9.8 Million in BTC


May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC, valued at $9.8 million. Over $109 Million in Bitcoin From 2013 Moved in May After a much quieter April...

Riot to acquire Bitfarms to establish the largest public Bitcoin miner


Riot intends to take over Bitfarms at a price of $2.30 per share, with the goal of creating the largest ever publicly registered Bitcoin miner. The result will be a substantial premium on Bitfarm’s price—24%—which will be a boon to shareholders. Riot is presently the biggest shareholder...

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