The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023.
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- Crunch
- Global
BIGCAP COINS:
- Pepe: Market Cap of $5.6 Billion.
- Ethereum: Market Cap of $450 Billion.
- Bitcoin: Market Cap of $1.3 Trillion.
MIDCAP COINS:
- Ethena: Market Cap of $1.2 Billion.
- Meme Ai: Market Cap of $4.6 Million.
- Notcoin: Market Cap of $545 Million.
RISING COINS:
- Mog Coin: Market Cap of $349 Million.
- PepeFork: Market Cap of $98.7 Million.
- MAGA: Market Cap of $382 Million.
Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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The number of enormous transactions within Ethereum has spiked over the past few days, indicating that activity by some of its biggest investors is turning back on. Over $100,000 in ETH is moving in one transaction in amounts not seen since the end of March, data from IntoTheBlock shows. This is being considered a strong indication of returning whale activity in the cryptocurrency market.
More insight from IntoTheBlock points toward these transactions being more about accumulation than liquidation. The holdings of addresses holding at least 0.1% of the total Ether supply are seeing the biggest day-on-day increase in a month.
This trend in whale accumulation can be considered a positive outlook on price potential of Ethereum. As big holders continue increasing their position, it could then be a reflection of more general confidence in future cryptocurrency value, therefore probably fostering another round of market upswings.
Market observers are conflicted over what could happen following SEC approval of a spot Ether ETF.
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Introduction
You may have heard about re-enabling OP_CAT as a potential upgrade for bitcoin’s script language. Depending on where you get your news OP_CAT has been called “only 10 lines of code”, “the best way to enable experimentation with covenants”, “too powerful”, “dangerous and leading to miner centralization”, or “guaranteed to lead to a contentious soft fork”. I’m going to make the case that all of these perspectives are mistaken. OP_CAT is very useful, can be used as a covenant, and not (alone) the best next move for bitcoin. Nothing more, and nothing less.
To make that case, I’m going to explore several (apparently disjoint) topics, some of which were new to me a few short months…
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The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange.
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Given the events of the past two years, everyone in the United States in both parties should be single-issue voters in favor of crypto having a level playing field. In particular, we should support all politicians who oppose the Biden administration’s extreme efforts to kill the industry in the United States, regardless of party, Republican or Democrat.
This stance is not about being pro-crypto, it is about being pro-fairness. Today, the actions of the executive branch target the crypto industry, but who will be the next target under future administrations? Fossil fuel producers? Abortion providers? Public sector unions? Gun manufacturers? Green energy companies? The press?
As a…
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Stripchain’s funding round included investors such as Sora Ventures, Hyperithm, Shima Capital, Mechanism and several crypto angel backers.
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The SEC’s decision on VanEck’s spot Ether ETF application is due by May 23, and experts believe the recent debate over Ether’s status as a security could hamper its chances.
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