Auto Added by WPeMatico

ETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido’s staking pool

Later, the hedge fund manager reportedly purchased more than $22.50 million worth of ETH tokens from FTX and Deribit.

Continue ReadingETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido’s staking pool

This is Not What Ethereum is Built For, Vitalik Buterin Slams BAYC

The co-creator of Ethereum, Vitalik Buterin, is somewhat known for his strong opinions on matters related and unrelated to cryptocurrencies. Recently, he’s been featured in a TIME Magazine interview that…

Continue ReadingThis is Not What Ethereum is Built For, Vitalik Buterin Slams BAYC

Australia’s Largest Bank Looking to Offer Additional Crypto Services

Sophie Gilder – Head of Blockchain and Digital Assets at Commonwealth Bank of Australia (CBA) – revealed that the financial institution could start offering more cryptocurrency services to clients. She…

Continue ReadingAustralia’s Largest Bank Looking to Offer Additional Crypto Services

$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months

This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a…

Continue Reading$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months

Bitcoin, Ethereum Technical Analysis: ETH Stays Above $2,900 as Traders Eye $3,000 Ceiling 

Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains. Bitcoin was also consolidating, as it continued to trade above $41,000 during…

Continue ReadingBitcoin, Ethereum Technical Analysis: ETH Stays Above $2,900 as Traders Eye $3,000 Ceiling