Nansen flagged an unknown entity just parked 33,000 ETH in a freshly minted multisig wallet funded from a BitGo account. Meanwhile, Bernstein says such large-scale ETH moves could herald a broader rally where Coinbase stands to collect the biggest gains. Summary Nansen flagged a new multisig wallet receiving 33,000 ETH (~$143M) from a BitGo hot…
Ethereum developer detained: After being detained by Turkish authorities over alleged misuse of the Ethereum network, Ethereum core developer Federico Carrone, who goes by Fede’s Intern on X, has been released and is now in Europe. Summary Ethereum core developer Fede’s Intern has been released after a 24-hour detention in Turkey. Carrone believes the case…
U.S.-listed exchange-traded funds tracking Ethereum have marked yet another major milestone, extending a month-long run of gains. Summary Spot Ethereum ETFs saw $1.02 billion in net inflows in their latest trading session, the highest since launch. ETH is trading at $4,278, around 8% below its all-time high. Large-scale acquisitions and positive on-chain signals are strengthening…
Vitalik Buterin recently cautioned against overleveraged ETH treasuries. Yet BitMine’s upsized stock offering suggests corporations are ignoring him. SharpLink, The Ether Machine, and others are also part of the wave, racing to hoard ETH. But what happens when the music stops? Summary BitMine expands its at-the-market stock offering fivefold to $24.5 billion to possibly fund…
FG Nexus reveals 47,331 ETH holdings, targets 10% stake in Ethereum. Summary FG Nexus announced spending $200M to buy 47,331 ETH The firm intends to hold a 10% stake in the token Ethereum is quickly gaining traction among corporate investors Ethereum (ETH) is quickly becoming the next big trend among institutional investors. On August 11,…
BitMine and SharpLink are leading the ETH treasury movement, with their combined $8 billion stash driving sector-wide holdings to $14 billion. But with Vitalik Buterin’s cautious blessing, the market wonders: Is this sustainable adoption or a bubble in the making? Summary BitMine and SharpLink’s combined ETH holdings have surged to $7b, pushing total corporate treasuries…
The crypto market has seen steady gains over the past few days, driving the total market capitalization to new highs. After a brief pullback in recent weeks, investor confidence has returned, fueled by strong buying activity. Summary Crypto market capitalization hits $4.1 trillion, marking a recovery and fresh high in under a month. Bitcoin has…
An Ethereum developer known as “Fede’s Intern” has been detained in Izmir, Turkey, after authorities accused him of helping individuals “misuse” the Ethereum network. Summary Turkish authorities have detained Ethereum developer “Fede’s Intern” in Izmir. Fede denies wrongdoing, says he builds blockchain infrastructure, and is seeking to leave Turkey to contest the charge from abroad….
More than 1.035 million Ethereum worth $4.167 billion have been accumulated by unknown whales and institutions over the past month. Summary Whales, institutions amass 1.035 million Ethereum worth $4.17 billion in one month. Average ETH buy price $3,546 as price surges from $2,600 to $4,170. Analysts warn of overextension, advise ETH ecosystem plays instead. According…
Nansen just flipped the lights on inside Ethereum’s most opaque scaling playground. By integrating Metis Andromeda, its AI-driven analytics are exposing the smart money flows, hidden dApp traction, and whale movements that Layer-2 users have been guessing at for years. Summary Nansen integrates Metis Andromeda, an Ethereum Layer-2 network, into its AI-powered analytics platform. The…
