CryptoQuant analysts have identified a significant systematic buying trend in Ethereum, suggesting a growing inflow of strategic investments into the blockchain network. Analyst Reveals Ethereum Systemic Buying Trends Maarten Regterschot, cryptocurrency market observer and contributing analyst at CryptoQuant, said: X (formerly Twitter) posts systematic buying trends it has seen in Ethereum. The analyst presented a chart that indicated that one or more investors were engaging in time-weighted average price (TWAP) buying. Ethereum futures. Regterchot found that open interest for Ethereum increases linearly. This suggests that there has been systematic purchasing of ETH assets over an extended period of time. He…
Author: Crypto Flexs
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According to OnChain, Blast, the newly introduced Ethereum (ETH) Layer 2 network, promises a “default rate of return” on ETH and stablecoin holdings, positioning itself as the third largest Ethereum holder in just three days after launch. Secured it quickly. data.Since its launch on November 20, the platform has accumulated more than 140,000 staked Ethereum worth approximately $286 million, leveraging Lido, a liquid staking protocol, according to Etherscan data. This accumulation represents approximately 1.5% of the total amount of staked Ethereum.Data from Debank shows that the protocol’s multi-sig wallet currently holds more than $335 million in assets, including Ether staked…
Crisis is a cruel teacher. It can unite us in our shared vulnerability, but paradoxically it can also alienate us from our shared humanity. In times of great crisis, the institutions and structures of society that are supposed to protect and support us can become distorted, corrupted, and powerless. Sometimes the very things that make us human can play a role in our collective dehumanization. My political activity in Syria became the basis for denying me the most basic form of identity. I was detained and tortured as a means of political repression. My academic activities were forced to a…
As a member of the EEA, Unicorn Ultra Network (U2U) is part of a community of EEA organizations working to advance Ethereum and drive industry adoption. In the Q&A below, EEA interviews Unicorn Ultra Network CMO Chloe Phung about how the organization contributes to the Ethereum business ecosystem. Please introduce your company and yourself. My name is Trang Phung, Chief Marketing Officer at U2U. I am also an experienced entrepreneur and manager with a huge passion for financial investments and technology, especially financial technology. The U2U network is a Directed Acyclic Graph (DAG) based chain that is EVM compatible. Our…
John E. Deaton, cryptocurrency lawyer and amicus curiae in the SEC-Ripple lawsuit, recently responded to the X handle ‘@jungleincX’. A Twitter representative asked Deaton about the announcement he would make. In response to this, Deaton Posted His photos include ‘1) the photo below; XRPL; ETH ICO’. Because my friend Jungle asked. Here are 3 hints: 1) Photo below; 2) #XRPL; 3) #ETH ICO https://t.co/HFvva35m9n pic.twitter.com/VTyiKg91z4 — John E Deaton (@JohnEDeaton1) September 22, 2023 The tweet already made it clear what the announcement was, but a few hours ago, Deaton retweeted a post from former Ethereum network official Steven Nerayoff. presentation…
GetBlock RPC Provider Adds Base, zkSync, Linea, and Starknet as Black Friday Promotion Launches – Chainwire housenewsroomGetBlock RPC Provider Adds Base, zkSync, Linea, and Starknet as Black Friday Promotion Launches We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or…
Last week, Bitcoin (BTC) closed at around $37,350, up 0.8% from the previous week’s closing price of $37,000. The BTC price opened with notable volatility on Tuesday, falling as low as $34,800, before making a strong recovery on Wednesday, reaching nearly $38,000. BTC then fell back to $36,000 on Thursday. There was an upward trend later in the week, with BTC ending the week around $37,350. BTC Dominance, which measures Bitcoin’s market capitalization compared to the entire digital asset market, rebounded after falling for two consecutive weeks and settled at about 52.6%. This represents a 0.3% increase compared to the…
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The U.S. Securities and Exchange Commission (SEC) has sued Payward Inc. and Payward Ventures Inc. (collectively Kraken) for operating a cryptocurrency trading platform without the required registration. The complaint filed in San Francisco alleges violations have occurred since September 2018. Kraken is accused of operating as an unregistered exchange, broker, dealer and clearinghouse and consolidating the roles of these entities without proper registration. This reportedly deprived investors of important protections, such as SEC scrutiny and conflict-of-interest safeguards. The SEC’s complaint outlines several concerns, including that Kraken provides a marketplace for trading securities and effectively operates as an exchange. Acts as…
Cryptocurrency exchange HTX, known as Huobi Global, said it would resume deposits and withdrawals within 24 hours after suffering a $30 million exploit on November 22. The exploit was reported to be worth $13.6 million at the time of the incident, but has since increased. value. In a statement, the exchange promised to “compensate in full for losses resulting from this attack and ensure 100% safety of user funds.” In addition, he said, “The amount of funds lost by Huobi HTX this time is a very small amount of the total funds on the platform,” and “HTX’s ‘normal operation’ was…