Ethereum is seeing notable activity as an OG whale recently sold 11,023 ETH, valued at $27.23 million, through Wintermute. This transaction highlights significant movements within the Ethereum ecosystem that could influence market sentiment moving forward. The sale occurred just an hour ago, as reported by the CryptoTwitter commentator @lookonchain. What Went Down The broader crypto […]
Bitcoin treasury company Strive added almost $12 million to its annualized preferred-dividend burden in one week as its SATA preferred share count grew, according to calculations using its Sept. 8 disclosure. At the current rate, the larger share base implies about $130 million in yearly payouts, while higher cash left static cash-only coverage almost unchanged. […]
The two developments highlight the growing competition around AI agents and the broader race to develop increasingly capable artificial intelligence systems. Meta is positioning Muse around privacy and security, while U.S. officials are raising concerns about the use of AI model outputs by Chinese companies. Meta Muse Brings Personal AI Agents to Everyday Tasks Meta […]
Garrett Jin, known as the largest on-chain ZEC short seller, has closed a substantial position, indicating potential shifts in market sentiment. He liquidated 7,000 ZEC, equating to $8.16 million, at a loss of $4.12 million. This action has raised eyebrows in the crypto community, as it could signal changing dynamics in ZEC trading. For more […]
Bitcoin’s latest downturn looks less severe than previous bear markets, with Wintermute noting that BTC is now about 50% below its peak 340 days after the top, compared with losses above 75% at the same stage in 2018 and 2022. The trading firm argues that Bitcoin’s cycles are bottoming at progressively smaller drawdowns, although it […]
Bitcoin analysts are currently expressing a strong buy consensus, according to insights shared by Ki Young Ju on social media. This bullish sentiment suggests a potential recovery in the market, which could attract both retail and institutional investors. Such a shift in sentiment is crucial as traders assess the current landscape and potential price movements […]
A whale identified as 0xEe0A has been actively selling $HYPE, totaling 232,610 tokens worth $19.67 million over the past two weeks. This information surfaced from @lookonchain, drawing attention to potential implications for the token’s supply dynamics. As these sales continue, traders are left questioning the lasting impact on market sentiment and price stability. The Latest […]
U.S. spot Bitcoin ETFs recorded a notable net outflow of $46.6464 million on September 8, according to commentary from @WuBlockchain. This marks the first outflow after three consecutive days of inflows, raising questions about investor confidence and market dynamics. Given the broader market’s mixed signals, this trend could have significant implications for Bitcoin’s price stability […]
Early Bitcoin investor Dan Held says SpaceX could reach a $100 trillion valuation within two decades. He points to falling launch costs opening markets in missile defense, satellite internet and rocket travel. His bull case rests on one number, the cost of sending a kilogram of cargo to orbit. Historically about $20,000 during the Space […]
U.S. crypto legislation faces delays as CLARITY hurdles persist, while crypto PACs push ads and regulators advance digital asset banking and transfer rules. The post CLARITY to wait for lame duck but crypto’s on the midterm ballot appeared first on CoinGeek.
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